CALL INFO LINE: 801-859-6555
 Welcome to the Blog

2013-12-03 09:33:03®: Homes Selling at a Brisker Pace Thi®: Homes Selling at a Brisker Pace This Fall

Homes are selling “significantly” faster compared to last year at this time, according to®’s National Housing Trend Report for October 2013. 

“Instead of the usual seasonal slowdown, October data shows the 2013 fall market moving at a fast pace,” says Errol Samuelson, president of®.

The median age of the inventory – viewed as a leading indicator of demand – dropped 11.32 percent in October compared to year ago levels, “demonstrating resilience to seasonal changes and stabilized inventory,”® notes. 

Nationwide, the median age of inventory was 94 days. In some markets, homes are selling in a fraction of that time. For example, in Oakland, Calif., homes are selling, on average, in 30 days. San Francisco; San Jose, Calif.; Denver, Colo.; and Stockton-Lodi, Calif., all posted 48 days on the market.® is anticipating the winter months will offer up plenty of opportunity for home buyers too, particularly those who were shut out this summer due to tighter inventories and competition from buyers with all-cash offers, according to®’s Winter Home Buyer Report

Source: “Home Buying Season Isn’t Over,” (Nov. 19, 2013)

Blog Archive
2017-04-16 09:49:56
Population Growth Shifting Out of SL To UT County

2017-04-16 09:49:01
State’s economy fueling population growth

2017-03-10 16:03:59
CNBC ranks Utah No. 1 state for business

2017-03-08 10:24:12
Toughest & Easiest States for 1st Time Home Buyers

2017-01-04 10:39:50
Housing Market 2017: The Positives & Negatives

2016-06-14 10:31:17
Salt Lake Monthly Housing Report

2016-05-20 15:42:35
Who Pays the Highest Property Taxes?

2016-03-31 15:49:40
Cities to Watch: 2016's Fastest-Growing Places

2016-03-29 13:19:08
Salt Lake Quarterly Housing Report

2016-01-28 08:37:27
Park City 2015 Year-end Statistics Press Release

2016-01-18 10:50:31
5 Things to Never Say When Selling a Home

2016-01-11 11:46:49
The ‘Missing Link’ in Housing

2015-12-23 12:08:43
5 Real Estate Trends That Will Dominate 2016

2015-12-15 10:56:50
How Will Higher Rates Affect Housing?

2015-12-04 10:39:02
Big Expectations for Housing in 2016

2015-12-01 10:07:30
6 ‘Tacky’ Home Décor Trends

2015-11-10 11:31:23
Home Buyers Don’t Need to Fear

2015-10-28 09:48:58
Home Prices Rising at Faster Pace Than Inflation

2015-10-20 15:23:54
Scammers Using New Chip-Based CCs as Fresh Phishin

2015-10-09 10:13:25
3 Home Inspection Deal-Breakers

2015-10-06 14:42:40
The Next Three Months: Best Time to Buy

2015-09-17 10:30:01
How High Will Mortgage Rates Actually Climb?

2015-09-11 14:14:05
Best Day of the Year to Buy a Home

2015-08-24 08:28:04
Home Resales at 8-Year High as Buyers Act Before M

2015-07-31 11:21:43
Utah Economy Newsletter June 2015 Now Available

Click here to see ALL articles.

Comment on this Article

Your Name:
Your Email:
Verify:  Please enter the numbers shown to help eliminate spam.