Home Prices
July home sales looked really good. It looked like things for Logan Real Estate had started to turn around, it appeared as if home sales would actually pick up, but they didn’t. Were people just too busy to buy during July, just coincidence, or is it an indication of lack of confidence in the economy? [...]
Continue reading about Rough Month For Logan Real Estate Sales
The monthly home sales numbers for Logan Utah Real Estate during June the best they’ve been in over a year. As reported from the MLS, 109 residential homes in Cache County have sold. This is the highest single month of home sales since May of 2010 when 114 residential homes sold. Unfortunately, it looks like [...]
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
The Logan Real Estate market is clearly not recovered from the great housing recession yet, but there are some positive signs. January Home Sales were the best they’ve been since 2008, and up by 15% from last year. Reported thus far, 46 residential homes in Cache County have been reported as sold. Logan Real Estate [...]
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
For Logan Utah Real Estate, the third quarter is usually the best quarter of the year in terms of home sales. It encompasses the summer months when most people prefer moving. But not this year. Q3 home sales were way down. So how bad were home sales during the third quarter in Cache County Utah? [...]
The biggest factor determining future prices is the amount of real estate inventory. The more houses there are for sale, the more home prices will come down. Another factor that will determine future prices is the number of foreclosures that will be hitting the market. Foreclosures not only add to the total inventory, but they [...]
Cache County home sales were down by 33.7% compared with September of last year. They were down 13% from last month, which was a really bad month for home sales. This marks the lowest September of home sales since 2002. I thought that the tax credit hangover was over, and that the real estate sales [...]
Continue reading about Logan Real Estate Numbers Down in September
Home sales in Cache County during May were way up. The 114 Cache County homes reported sold on the WFRMLS mark the highest single month of home sales in Cache County in nearly 22 months, with the exception of July of last year when 117 residential homes sold. Many of these home sales can be [...]
Continue reading about Logan Utah Real Estate: Cache County Home Sales Up 36%, Inventory Also Way Up
