The Crystal Ball uses recent sales and homes on market statistics to predict the probability of a successful sale. It also arms you with valuable information the market over the past year. Homes on Market (supply), as well as Homes Sold and Homes Under Contract (demand). It also offers an average Months on Market, so you know what time-frame you may be looking at. This information prepares you to sell your home when demand is the highest.Each month I look for the 5 areas with the highest probability of selling. These areas are Hot Spots! If you live in a Hot Spot we should evaluate your situation to see if this month is the time to put your home on the market.
Here are the Hot Spots for January:
1. Salt Lake City, Zip 84103 $200K - $250K
Sales History Current Homes for Sale
3. Payson, Zip 84651 $300K - $350K
Sales History Current Homes for Sale4. West Jordan, Zip 84084 $300K - $350K
Sales History Current Homes for Sale
5. Salt Lake City, Zip 84108 $100K - $200K
Sales History Current Homes for Sale
To view home sales history for all Zip codes and price ranges click here
Economic improvement and recovery start in hot spots and spread to other areas. Purchasing a home in one of these Hot Spots gives you a front row seat to economic recovery.
Dave, I wish we had a crystal ball to know what interest rates are going to do..... but my gut tells me they are going up. I personally think 2011 is a great time to be buying!
ReplyDeleteYes that would be nice. Here's an article with some projected Interest Rates: http://blog.utahdave.com/2010/09/rising-mortgage-rates-cost-thousands.html
ReplyDeleteYou're not the only one who thinks they are going up.