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
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
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
So I just ran the numbers to see the latest trends for Logan Utah Short Sales, and unless the MLS changed the way short sales are calculated, short sale numbers in Logan are way down. Of the 812 homes listed for sale right now, just 29 Logan Real Estate listings are short sales. This is [...]
Continue reading about Number of Short Sale Homes in Logan is Down
A recent stat shows that 23.3% of all US homes are underwater, meaning that the owners of these properties owe more on their home than what it is actually worth. If these homeowners need to sell, they generally have to do it by means of Short Sales. Unless they have reserves of Cash stashed away, [...]
Continue reading about Banks are Trying to Get More out of Short Sales
