We're above average in UT County, of course!
How does this affect you as a homeowner? It depends whether you're considering selling or not. It increases your property taxes if you plan to stay put. If you're considering moving, it gives you a great amount of equity to help you get further down the road toward your financial goals.
If you're considering buying, the housing supply has increased and there's been an increase in the number of homes that have dropped their listing prices.
In real estate, we certainly consider general trends. But, there are so many factors to consider from neighborhood, home condition, financing environment, etc. It's always recommended to use a professional to navigate the market and contracts to protect what may be your largest investment.
#homebuying #propertyselling #BuyAHome #MarketYourHome #sellyourhome #realestate
