cedar hills: Cedar Hills, Utah; Current Market Conditions - 02/28/10 11:56 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold … (0 comments)

cedar hills: Cedar Hills, Utah; Current Market Conditions - 11/01/09 09:51 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are … (0 comments)

cedar hills: Cedar Hills, Utah; Current Market Conditions - 05/28/09 07:58 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are … (0 comments)

cedar hills: Cedar Hills, Utah; Current Market Conditions - 02/03/09 02:06 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
  
 
 
 
 
 
 
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.  
 
This is NOT a good time for those with low and/or no risk tolerance to purchase. 
A strong case can be made that those who are looking for a home for their family with plans … (0 comments)

cedar hills: Cedar Hills, Utah Real Estate, Has the Market Bottomed? - 01/06/09 09:09 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD. 
On a year over year, YTD comparison currently (20.47)% of new listings are being sold.
 
 
 
 
SUMMARY Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a good … (0 comments)

 
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Mark Watterson

Utah Real Estate

Salt Lake City, UT

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