Logan Utah Real Estate Market Conditions, Statistics, and Information: Logan Utah Real Estate Sales start 2010 off….. poorly?

Logan Utah Real Estate Sales start 2010 off….. poorly?

Nobody knows exactly how well the Logan Real Estate market will do this year. Most of the Realtors I’ve talked too are optimistic that it is starting to improve, that things will be better. The last half of last year were much improved with their year over year comparisons.

Well the numbers for the first month of 2010 are mostly in. And so far, the numbers look pretty dismal. I normally don’t do market condition stats quite this early simply because there are always some slow real estate agents out there who just forget to update their listings in the MLS. But, if these numbers hold accurate, home sales this January are worse than last year, and mark the single worst month for number of Cache County Home sales in nearly nine years.

via Logan Utah Real Estate Sales start 2010 off….. poorly?.

2 Responses to “Logan Utah Real Estate Market Conditions, Statistics, and Information: Logan Utah Real Estate Sales start 2010 off….. poorly?”

  1. Josh Mettle says:

    I think were seeing a January drop due to the November rush for the old tax credit deadline. I bet we see a pickup through April. I’ve just written a report called 2010 Real Estate and Mortgage Rate Forecast. It’s up on my website, I think you will find it very interesting: http://www.joshmettle.com/reports/13

  2. Alan Barker says:

    I think you’re right Josh. April will probably be a huge month. May and June will probably be less than normal due to the expiration of the tax credits, but hopefully starting July we will see natural improvement over last year…

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