Short Sales
The number of short sale listings in Logan Utah continues to rise as home prices decline. Nationwide, the average median home sales price is now at 2002 levels, it’s not that low in Logan, but over the last three months the median sales price of $156,250 is the lowest Cache County has seen since 2007. [...]
Continue reading about Logan Home Prices Lowest Since 2007, Short Sales UP
Real Estate Inventory in Cache Valley Utah continues to drop. There are now just 699 MLS listings in Cache Valley. This is the lowest Logan real estate inventory levels have been in more than a year. Traditionally, there are more listings at the end of February than the beginning. This year the trend has reversed [...]
Continue reading about Logan Real Estate Inventory Keeps Going Down
With home prices declining, and more people who bought during the housing boom that need to sell now, the number of short sale homes in Logan, UT is rising. Over the last month, the percentage of Cache Valley Short Sales rose by 16.4%. There are now 61 homes on the MLS listed as “short sales.” [...]
Continue reading about Logan Sees Big Increase in Short Sale Activity
The good news is that Cache County Real Estate inventory has substantially declined over the last month. There are 48 less Logan Real Estate listings as there were a month ago. While the overall number of Logan homes for sale is down, the number of short sale homes is not, and the percentage of listings [...]
Continue reading about Logan Home Prices 15.8% Less Than Summer of 2007 – Short Sales Up
While overall real estate inventory is on the decline as the Winter Months begin, the number of short sale homes is up. Decreased home prices in Cache County are leading to more underwater homeowners, and more Logan Short Sales. There are 828 residential homes for sale in Cache County right now. 51 (6.16%) of these [...]
Continue reading about More Homes for Sale in Logan Are Short Sales
The number of homes listed under “short sale” status in Cache county is likely at an all time high. There are currently 49 Short Sale Homes for sale in Cache County. This is the highest it’s been since I started keeping track over a year ago. 14 of these short sale homes are actually within [...]
It looks like the number of short sales and foreclosure homes are on the rise in Cache County Utah. Right now 5.2% of the current homes for sale in Logan UT, are listed as short sales. This is up nearly a percent and a half from July when just 3.62% of the homes for sale [...]
After months and months of complaining that the time required for short sales is too long, it looks like change has actually happened. According to the Campbell study, the average time short sales are on the market during July was 15.8 weeks. this is down nearly 5 weeks compared with February when the average short [...]
Continue reading about Good News, The Average Time for Short Sale Approval Is Down | Short Sales
The number of homes listed as short sales has risen in Logan over the past month. While the total number of Cache County real estate listings is nearly identical to a month ago, the percentage of these homes requiring bank approval has increased. 4.75 percent of the listed homes in Cache Valley are short sales. [...]
Continue reading about Logan Utah Real Estate Market Conditions: Short Sale Numbers Up in Logan
The fact is, many Cache Valley residents are experiencing hard financial times. Even here in Logan, foreclosures are happening. Foreclosures are primarily caused by loss or decreases in household income. Many homes that are foreclosing, don’t actually have to go through foreclosure though. There are options for people having difficulties making their house payments, people [...]
Continue reading about Facing Foreclosure? The Neighborhood Non Profit Organization Can Help
