Utah Realty Presents A Tale of Two Markets [INFOGRAPHIC]
![A Tale of Two Markets [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2019/05/29110946/20190510-ENG-STM-1046x1354.jpg)
Some Highlights:
- An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
- Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
- Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.
Will Home Prices Continue to Increase
There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational...
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New Shift in The Real Estate Market
National Hottest Real Estate Markets
Salt Lake City used to be one of the hottest real estate markets in the country, but now is ranked No. 116 out of 300 metros in the month of August, according to Realtor.com. Salt Lake is a "slightly hot" market that is "cooling down." Median...