Trela Bird's (merbtrelab) Blog

The Daybreak housing market was somewhat of a mixed bag in 2015. While home sales saw strong gains with an increase of 32.73% (511 sales) and the time taken to put a home under contract dropped 38.33% to 37 days, this had little impact on the median sales price. The median sales price for 2015 in...

The Salt Lake housing market performed pretty well in 2015, with both single family homes and condos seeing their median sales price increase.For single family homes all three key indicators showed positive signs in 2015. The median sales price for single family homes increased 6.67% to $272,000....

The Daybreak real estate market has really turned around since this time last year. While it looked like the market was slowing in the 3rd quarter 2014, the 3rd quarter 2015 was certainly not slow. The median sales price for the quarter increased an impressive 14.86% to $310,000, on the back of s...

The California based retail development company CenterCal plans a new mega mall for Riverton. The 85-acre retail complex called Mountain View Place at Riverton will be located at the northeastern corner of 13400 South and Mountain View Corridor (about 4800 West) on what is currently open farmland...

This time last year the Salt Lake County housing market was not doing so well, sales were down and prices had stagnated. This time around it’s a whole new story, at least for single family homes. The median sales price for a single-family home climbed an impressive 8.65% to $280,000. In fact, the...

If I have learned one thing about the real estate market, it’s that home prices, just like stock prices go down as well as up. The real estate market can be and has been notoriously volatile over the last few years, making the idea of trying to time the market difficult if not impossible.So the q...

Buying a home is probably the biggest financial decision you will ever make in your life and buying your first home can come with a mixture of emotions, everything from excitement, to just plain stressful. In order to put you on the right footing here are a number of tips that will help you minim...

The Salt Lake County housing market experienced strong performance in the 2nd quarter 2015, with the single family home median sales prices hitting a new record high of $276,500, a rise of 8.43%. Fueled by an increasingly strong local economy the number of single family home sales climbed an impr...

Daybreak home sales surged in the 2nd quarter 2015, with the number of homes sold increasing 40% to 147 sales. Even with this large increase in sales, median home sales prices remained static, standing at $297,000, a decrease of 1%. Homes also took longer to sell, taking a median of 43 days, an i...

If you following the housing market there is one message that seems to come up time and time again, home sales continue to be held back by low inventory levels. While this message seems to be everywhere, no one seems to know why. In this article I will try and explain some of the reasons for thes...