Utah Housing Market Update for September 12, 2022. Today, we see an interest rate of 5.75%. Feds meet next week but mortgage rates typically rise in anticipation of what’s to come and not in response to what has happened so we shouldn’t see a huge increase in rates following their decision.
There are 7480 single family homes on the market. After the crazy rise from April to July, things have leveled out and we should see a slow down in the market as we head into the fall and winter months.
Homes are sitting much longer compared to the spring months with single family homes lasting on the market on average of 32 days. This is a huge increase from the 6 days we saw earlier in the year but is actually considered “normal” to sit 4-5 weeks before accepting an offer.
We would love to help you buy or sell your home! Please reach out with any questions or comments!
#utahrealtor #utah #realestate #utahrealestateagent #livinginutah #utahrealestate #utahhomes #realtor #movingtoutah
We have so many people contacting us who are moving here to Northern Utah and we ABSOLUTELY love it! Honestly if you are moving or relocating here to the Ogden, Layton, Salt Lake City area; we can make that transition so much easier on you!!
Reach out Day/Night/Weekends whenever you want, we never stop working for you!
McKenzie Miya or Matt Miya
📲 Call/Text Direct at 435-740-0847 (McKenzie)
📲 Email: kenziemiya@gmail.com or matthewmiya@gmail.com
👨💻 Website: www.themiyas.com
6 окт 2024
