Saratoga Springs, UT Real Estate News

We still are having a low percent of new listings being SOLD.  Currently (28.92) % on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom. Please see data below.                                                                                  PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.        SUMMARY  Currently we are not seeing the needed positive price action to confirm a market bottom. This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are doing some bottom fishing. For more details or just to chat about market conditions please feel free to contact me.
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Saratoga Springs real estate market is suffering like most of the markets across the US.  It's not a good time to buy because we don't have a confirmed bottom.  Sellers need to also stay put, if at all possible. I'm still positive about Saratoga Springs, maybe because it's my home.   I work mainly in Salt Lake City area and live in Saratoga Springs because like the rural environment and beautiful views.  I have attached a few examples below.   Here we have a beautiful sunrise coming through the clouds and reflecting on the mountains and Utah Lake.  Most areas of Saratoga Springs enjoy mountain and lake views.             We love the animals. Look about dead center of this picture and you will see a nice Buck.  He was right by the fence but by the time I got the camera he moved.         ...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
By: Robert A. Hulme - Realtor - Loan Officer -Utah County, Including Provo, Orem, Pleasant Grove, American Fork, Lehi, Highland, Alpine and Cedar Hills, Eagle Mountain, Payson, Saratoga Springs, Spanish Fork, Springville, Mortgage Xpress, Agent You can make drastic improvement to your home with spending very little money.  The number one way is to improve your lighting.  How old are your lighting fixtures?  Many of these fixtures are used every day, but are often ignored.  Changing these light fixtures can make a huge difference in the appearance of your rooms. Look around at home improvement stores (Lowes, Home Depot) and lighting stores to get an idea of the style that you think might work.  A lighting store might be priced a little higher, but it will give you some great ideas on how...
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By Alan Barker
(Boomerang Leads)
The short term real estate outlook for Saratoga Springs Utah is looking rather bleak. There were more than 130 homes sold in the first half of 2008, but this number is rather discouraging when you consider that there are currently 444 homes for sale in Saratoga Springs, and this number just keeps on rising. Another problem with the Saratoga Springs real estate market is the affordability of the homes on the market. The homes that have sold this year have a median price of $237,743.... The median price of listed homes is nearly $307,000. It's not just that these listings are overpriced, the real problem is the size of the homes. Many of the new construction homes built were just big and costly. People aren't buying the really large homes as primary residences, and investors won't even to...
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Saratoga Springs, UT Real Estate Professionals