Those two Markets are on top 10 list for Overpriced real estate.
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Salt Lake and Provo Real Estate in for a Market Correction
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Salt Lake and Provo Real Estate in for a Market Correction
"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam CarollaTags: None
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We've been in a market correction for a year or two. Question is are we at the bottom. SL Realtors have been trying to convince us things are turning around via "news" stories in the local papers, but I don't think we're there yet. Still a ton of short sales, foreclosures, etc and now that the tax credits have dried up, new construction seems to have stopped again."Remember to double tap"
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Originally posted by smokymountainrain View PostRight. And when average homes in decent neighborhoods are going for 200k instead of 300k - 400k, the market will be corrected.
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