Free Home Utah.com

More great news!According to Forbes Salt Lake City is listed as one of the 10 cities where home prices are likely to rise. This is based on job increases and how overbuilt the cities have become after the boom years. (Article attached to this email)

Utah’s great economy is bringing more jobs and housing demand to the area.  Housing related jobs such as Residential Construction workers, Mortgage Broker/Officers, Realtor’s, Developers, & other related fields have seen declines.  These jobs that are down are only a part of Utah’s Job Market.  With demand slow but steady and the supply declining, the real estate market will slowly recover.

We will watch and see how these recent mortgage changes affect the demand.

It is a great time to buy!

Be careful and aware of the many types of fraud.  People in the Wasatch Front have and will be convicted of loan fraud, a Federal Offense.  Desperate to sell the oversupply of homes they get too creative.   You do not want to get caught in the middle of that mess. If you have any questions about a transaction we can help you check on the legality and liability potential.

Visit Kennen’s agent profile for more information.