The three top-of-the-market homes above have all been sold by us very recently, among several others.

Even though this is a tougher market than we've been used to for a very long time, homes are still selling.

But it's essential to team up with the right agent!

So …

We are now beginning to see some of the nationally publicized negative effects of the current real estate market in our area.

As our above graphic shows, absorption rate for June shows a dramatic increase, compared with June 2021, in terms of the amount of home supply in the market …

The current pressures on the real estate market are all over the news.

Rising inflation and mortgage rates are rapidly changing what buyers can actually afford and today's home seller has to face some new realities.

The astonishing price growth that sellers were enjoying not so long ago has …

Following real estate news developments nationally can be a disconcerting experience for many right now.

Just this week, we've seen mortgage rates break the 6% barrier for a 30-year home loan, and continuing to rise from there! Home buyers are also having to cope with price inflation and, very …

Today we'd like to show you a couple of graphs that help to illustrate what's happening in real estate at the moment.

Above you can see how inventory of available homes for sale in Utah has risen in 2022, compared with the notably lower figures for year-to-date in …

You are probably already aware that mortgage rates have been ascending for most of this year and are now above 5%, on average, for a 30-year loan.

This is a situation we have been tracking in our email communications with you for some time and now we are seeing …

Rising mortgage rates haven't changed the fantastic home sales trends we continue to enjoy in the Iron County area.

As the above statistics for March demonstrate, we are still seeing very positive key pointers.

Median sale price was up by over 29% on the same period last year, reflecting …

Earlier this year we saw rates for a 30-year home loan in the mid 3% range. Today they are almost 5% and climbing!

As we always advise, the future is never a certainty, but many industry experts feel that we could be headed for rates breaking the 5% threshold.

While …

Above are a selection of latest real statistics for Iron County (February).

Even though the real estate market is facing a number of challenges right now, on a national level, our market just continues to go from strength-to-strength.

Comparing last month with February 2021, we saw:

• An increase of over …

This year we've already seen quite significant rises in mortgage rates.

It's not the first time that it's happened before, only for something to come along that suddenly halts the upward climb.

We saw this a couple of years ago as the pandemic took hold and rates …