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Draper Utah Real Estate revealed some improvements in home selling and buying last month. A total of 43 homes have been sold out according to MLS data. Year over year change of sale went up 9.30 percent from 39 sold homes of December 2010. Likewise, monthly change of sale went up 23.26 percent from 33 sold homes of November 2011. The median sold price reached $290,000 of which dropped 9.38 percent from $320000 of December 2010. Home sales have been for 92 median days on market. It's a buyers market in Draper Utah Real Estate due to 8.15 months of inventory. So far, there are 269 acti...
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Draper Real Estate revealed new home sale numbers in the market last month. There were 33 homes sold in the market. Year over year change of sale went down 10.81 percent from 37 sold homes of November last year. Likewise, monthly change of sale decreased 21.43 percent from 42 sold homes of October 2011. Home sales had a median sold price of $310,000 of which increased 3.23 percent from $300,000 of November last year. Sold properties have been for 99 median days on market. There's a sellers market in Draper Utah Homes due to 7.07 months of inventory. Currently, there are 297 actively ...
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Draper Utah Real Estate revealed some high and low numbers on its home sales for the month of October 2011. This can be attributed from its 42 sold homes in the market. Yearly change of sale went up 19.05 percent from 34 sold homes of October last year. On the other hand, monthly change of sale went down 14.29 percent from 49 sold homes of September 2011. In terms of median sold price, numbers dropped 17.13 percent from $331,250 to $274,500 of October 2011. Home sales have been for 87 median days on market  and there was a balance market in Draper UT Homes for Sale due to 6.49 months of in...
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Draper Utah Real Estate revealed some new home sale numbers in the market last month. According to MLS record, there were 49 homes sold in Draper Real Estate market. Year over year change of sale increased 12.24 percent from 43 sold homes of September last year. Monthly change of sale slightly decreased 10.91 percent from 55 sold homes of August 2011.   Home sales had median sold price of $265,000. It went down 32.91 percent from $395,000 of September last year. Sold properties have been for 78 median days on market. Draper UT Homes  had a balance market due to 6.18 months of inventory. C...
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Last month's home sales showed off good numbers in Draper Utah Real Estate market. According to MLS, there were 55 homes sold during August 2011. Year over year change of sale went up 29.09 percent from 39 sold homes of August last year. Monthly change of sale increased 25.45 percent from 41 sold homes of July 2011. Home sales in Draper UT Real Estate have been for 39 median days on market. The median sold price reached $275,000 of which dropped 25.47 percent from $369,000 of August last year. Currently, there are 343 actively listed homes for sale in Draper Utah of which 79 are under co...
Feb

06

Being aware of what’s going with the real estate market makes me feel that I’m really updated of the trends and the twist and turns happening all around the real estate business.

Earlier, when I was browsing the net, my attention was caught by the news about the increase in the mortgage rates in a long-term fixed loan. The news talks about the rate increase in the mortgage fixed loans and the like.

In the first week of February, a sudden increase in the mortgage rates rocketed up 5 percent up for a 30-year long term fixed loan. According to Freddie Mac, a 30-year fixed loan has a mortgage rate bouncing off to 5.01 percent from last week’s average mortgage rate of 4.98 percent.

In fact, the mortgage increase fell only in the long-term mortgage category which is in 30-year fixed loan.

Other lower mortgage year’s rates also increase from its previous mortgage rates.

Read more on…

Via Realtor.org (Daily Real Estate News- Mortgage Rates Top 5%)

Draper Ut Homes

Drape Utah Foreclosures

Draper Utah Short Sales

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