What’s the St. George real estate market doing?
The million dollar question is has our market hit bottom yet? The signs of the market correction are all over. Prices are stabilizing, at least for now.
Lending has loosened up, contact one of my preferred lenders and see how affordable and rewarding buying a home in Southern Utah can be!
Quality inventory is shrinking. Competition for buyers on homes is as competitive as the “old days”. Be prepared to bring your A game to the market. I have proven strategies to succeed in our fiercely competitive real estate market. It’s not a coincidence that people want to live here.
Buyers are very qualified and capable of getting the job done. Investors are returning and I am even hearing and feeling that they may be a year or more late to the big dance.
Visit my St. George Utah homes page for the most advanced St. George Utah MLS search feature available. This will definitely keep you up to date on all the latest changes to your favorite St. George real estate!!!
As of this minute we currently have 1376 active residential listings when you search our St. George Utah real estate MLS. We sold 225 homes in the last 30 days. That translates into roughly 6 months of inventory if no other homes came on the market. About 27.5% of the sold homes were distressed St. George Utah real estate homes. 31 Foreclosures and 31 St. George short sales!
It looks like the Southern Utah real estate market is tightening up due to available money, shrinking inventories and the lifestyle in Southern Utah! It is definitely not too late to land a great deal but the window of opportunity is slowly shrinking!
Call me today to set an appointment. 435-669-0816 or shoot me an email.