During the third quarter, home sales in Cache County were down by more than 37%. That was in large part due to the expiration of the home buyer tax credits. Personally, I thought that during the fourth quarter we would start seeing some more normal home sale numbers. Well, it looks like from October’s home sales numbers I was wrong. Cache County home sales were down by more 54.55% last month compared with October of 2009. Reported thus far, just 45 residential homes have been reported as sold. This is the lowest month of home sales since January.
via Logan Utah Real Estate Market Conditions: October Home Sales Down 55%.
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