Artwork

Joshua Stern에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Joshua Stern 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Player FM -팟 캐스트 앱
Player FM 앱으로 오프라인으로 전환하세요!

The Latest Q2 Stats From the Wasatch Front

 
공유
 

Manage episode 238797874 series 2380880
Joshua Stern에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Joshua Stern 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
What do 2019’s second-quarter statistics say about the Wasatch Front market? Home sales are up 4% compared to last year, with over 13,000 single-family homes, townhomes, and condos being sold. Year to date, sales are down 2.5% with nearly 24,000 total homes being sold. The good news is, the average sale price for all home types has risen to $375,000. Last year during this time, it was $355,000. If you’re a homeowner looking to capitalize on your equity, you’re in fantastic shape. Year over year, the average days on market increased by 20% from 40 days to 49 days. Meanwhile, inventory for all housing types is at 4.7 months, which is still relatively low. “Moving forward, we expect to see a wild ride for mortgage rates, so the only question is whether they’ll be more or less advantageous for home shoppers.” Mortgage rates have taken a turn for the better, and it has everyone rushing to buy homes. Specifically, Freddie Mac says the average 30-year rate hit 3.82% in June, which is the lowest it’s been in two years. This is one of the best times in history to purchase or refinance, but will rates remain this low? President Trump’s pressure on the Federal Reserve plus low inflation and lackluster economic data has one commentator predicting that we’ll see the lowest rates ever in the next 12 months. Moving forward, we expect to see a wild ride for mortgage rates, so the only question is whether they’ll be more or less advantageous for home shoppers. As prices go up, we see more and more available inventory. When you couple this with stable interest rates, which should help affordability, we have conditions that favor buyers. If you have any questions about our market or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to us. We’d be happy to help you.
  continue reading

67 에피소드

Artwork
icon공유
 
Manage episode 238797874 series 2380880
Joshua Stern에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Joshua Stern 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
What do 2019’s second-quarter statistics say about the Wasatch Front market? Home sales are up 4% compared to last year, with over 13,000 single-family homes, townhomes, and condos being sold. Year to date, sales are down 2.5% with nearly 24,000 total homes being sold. The good news is, the average sale price for all home types has risen to $375,000. Last year during this time, it was $355,000. If you’re a homeowner looking to capitalize on your equity, you’re in fantastic shape. Year over year, the average days on market increased by 20% from 40 days to 49 days. Meanwhile, inventory for all housing types is at 4.7 months, which is still relatively low. “Moving forward, we expect to see a wild ride for mortgage rates, so the only question is whether they’ll be more or less advantageous for home shoppers.” Mortgage rates have taken a turn for the better, and it has everyone rushing to buy homes. Specifically, Freddie Mac says the average 30-year rate hit 3.82% in June, which is the lowest it’s been in two years. This is one of the best times in history to purchase or refinance, but will rates remain this low? President Trump’s pressure on the Federal Reserve plus low inflation and lackluster economic data has one commentator predicting that we’ll see the lowest rates ever in the next 12 months. Moving forward, we expect to see a wild ride for mortgage rates, so the only question is whether they’ll be more or less advantageous for home shoppers. As prices go up, we see more and more available inventory. When you couple this with stable interest rates, which should help affordability, we have conditions that favor buyers. If you have any questions about our market or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to us. We’d be happy to help you.
  continue reading

67 에피소드

모든 에피소드

×
 
Loading …

플레이어 FM에 오신것을 환영합니다!

플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.

 

빠른 참조 가이드