Explore South Salt Lake, UT
By Oscar Morante
(Best Short Sales)
Comments 0
Buy Foreclosure Auction Trustee Sale, Salt Lake City, Utah Trustee Sales A-Z Online Video Course     Successfully Buy At Foreclosure Sales   Foreclosure Sales Are Abundant.  Be There To Buy At Great Discount. Easy to Understand Highly graphical video presentation Detailed yet entertaining Focused on results Become a foreclosure sales expert right away Fun learning View Course Learn Exactly How To Buy Properties At No-Judicial Foreclosure SalesAll you must know to profit through buying at foreclosure sales. The perfect complement to Short Sales A-Z. Includes: Time proven strategies to acquire profitable properties at foreclosure sales. Clear explanation of foreclosure sale types, lingo and protocols. How to mitigate risks through title analysis. Effective ways to fund foreclosure sale pu...
By Alan Barker
(Boomerang Leads)
Comments 0
For South Salt Lake Real Estate, the number of homes sold stayed pretty steady for about 5 years.  Then numbers rocketed for three years, decreased for one year, and increased again.  South Salt Lake homes have been selling at increasing prices over the years and have only seen minor slips here and there.
Rental property can have very stable, respectful and reliable tenants. Salt Lake City, UT Yes, that’s right! It all depends on product, location and good tenant screening. If you don’t have all three, your vacancy rate will be elevated. Let’s discuss product first. We advise our students that they furnish their properties with clean functional items, new linens and art work on the walls. What you are creating is an environment that is very agreeable to the tenant, one that not only the renter will look forward to coming home to, but also one, through pictures on flyers, web sites and word of mouth, will attract new inquires. We are all for building and keeping a pipeline. Many furnished rooms for rent are not clean and contain old, thread bear chairs, sofas, and soiled mattresses. Would...
By Mark Watterson, Utah Real Estate
Comments 0
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien...
By Pat Pack, REALTOR
(Realty One Group-Dockside)
Comments 0
Can anyone tell me what the market value is currently in the Salt Lake City area of Utah?  Are homes selling, what is the average days on market, and are the selling prices above or below assessment amount? Please email me at trishpack1@yahoo.com  THANK YOU!  
By Mark Watterson, Utah Real Estate
Comments 0
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien...
By Mark Watterson, Utah Real Estate
Comments 4
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION         Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.      SUMMARY Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperienced buyer.  Also it is good to note that...
We still are having a low percent of new listings being SOLD.  Currently (28.33)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom. Please see data below.                                                                                  PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.             SUMMARY  Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are doing some bottom fishing. For more details or just to chat about market conditions please feel free to contact me. Thank you       ...
By Keith Jeppson - Salt Lake City Real Estate
(Everest Realty Group)
Comments 0
South Salt Lake Home sales are still hot. Though the average price of homes sold dropped 5% from April they are still almost 24% higher than May 2006. The volume of homes sold is virtually unchanged over last month and is consistent near the same volume of sales as last year. The saturation rate (the number of months required to sell current listings at current sold rate) for South Salt Lake is one of the lowest in the county at 4.1 months which is still considered a sellers market. The absorption rate has increased 45% since April which is common in the spring as sellers begin to list more homes. All stats were taken from WFRMLS as of 6/9/2007 and are subject to change. To find a Utah Real estate Agent visit the Utah Real Estate Directory
By Keith Jeppson - Salt Lake City Real Estate
(Everest Realty Group)
Comments 0
South Salt Lake April 2007 Home & Condo Sales Report South Salt Lake home sales increased 14% from March 2007 and declined 29% from April 2006. Home values increased 14% from March 2007 and were up a whopping 37% from their April 2006 levels. Days on market shortened by 43% from March and his holding strong at 17 days.          2006 2007 Change % Homes Sold 4431-29.55% Average Sold Price $149,356 $205,480 +37.58% Condos Sold 3 11+266% Average Sold Price $110,966 $177,597 +60% Average Days On Market 29 17 -43% South Salt Lake values increased dramatically compared to the prior month and compared to April 2006. The increase is consistent with other cities in Salt Lake county with average homes values below $250,000. First time home buyers appear to be the strongest segment of the market. ...
By Keith Jeppson - Salt Lake City Real Estate
(Everest Realty Group)
Comments 0
South Salt Lake home Values increased by 23.17% from March 2006 to March 2007This is a quick analysis of the South Salt Lake residential Real Estate market comparing March 2006 home and condo sales activity to March 2007. Please be cautious in making any buy or sell decisions based on a single months analysis. Quarterly and trend analysis are much more meaningful than isolating a single month. But, it is interesting to compare our statistics to what we see in national and regional activity and trends.   March 2006March 2007Change %Homes Sold2625-3.85%Average Sold Price$145,782$179,509+23.17%Condos Sold510+100%Average Sold Price$172,303$186,778+8.40%Average Days On Market2930+3.45It appears South Salt Lake has maintained its market strength. The sales demand is virtually flat while much ...
By Keith Jeppson - Salt Lake City Real Estate
(Everest Realty Group)
Comments 0
The numbers are in and South Salt Lake residents are anxious to hear how we did in home appreciation compared to last year and especially compared to 2007 real estate projections. If you recall, Utah ranked #1 in appreciation in 2007 with an increase statewide of 17.55%. At #2 in the city rankings for the calendar year ending 12/31/2006 was South Salt Lake with an annual increase of 22.62%! Wow! Can South Salt Lake homes continue that kind of growth?Let's see how we did with 1st quarter comparisons.1st Quarter 2006 Sales Compared to 1st Quarter 2007 20062007% ChangeHomes Sold7069-1.43%Average Home Sold Price$150,037$172,530+14.99%Condos Sold1232+166.67%Average Condo Sold Price$110,966$179,631+61.88%New Listings1521520%Average List Price$154,364$189,700+22.89%Average Days on Market4146+1...

South Salt Lake, UT Real Estate Professionals