highland: Highland; Current Market Conditions - 07/18/10 12:52 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 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.  We are seeing more signs of a bottom coming into play.
Investors with a long term buy and hold strategic.  Opportunities are making … (5 comments)

highland: Highland, Utah; Current Market Conditions - 02/28/10 01:03 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 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)

highland: Highland, Utah; Current Market Conditions - 11/01/09 09:58 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)

highland: Highland, Utah; Current Market Conditions - 05/23/09 09:42 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 … (1 comments)

highland: Highland, Utah; Current Market Conditions - 02/04/09 09:04 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.  
 
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 … (0 comments)

highland: Highland, Utah Real Estate, percentage of solds and price action to confirm market bottom - 12/08/08 12:45 PM


We still are having a low percent of new listings being SOLD.  Currently (11.81) % on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
 Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom. This is NOT a good time for conservative buyers to purchase.  High risk tolerant … (0 comments)

 
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Mark Watterson

Utah Real Estate

Salt Lake City, UT

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