Tight inventories resulted in falling real estate home sales across the Wasatch Front in Salt Lake City in the first three months of 2017 compared to the same period a year earlier, according to the Salt Lake Board of Realtors.
This is the strongest seller's market ever, to be a buyer is just brutal, competition is fierce for homes priced under $500,000.
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sell is well below historic norms and buyer demand is skyrocketing.
In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction including the inspection, appraisal and financing contingencies.
Bottom Line - As a potential seller, you are in the driver's seat right now. It might be time to hit the gas.
Posted by Cindy Uriona on
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