We sat down with our own Monique Higginson to discuss the real estate forecast for 2019. Here are her thoughts on the current state of real estate in Utah for 2019.
Q. What is the state of the market currently?
A. The market is very good as it is spring but it is not as hot as it has been the past few years. Inventories are still low in general.
Q. Is it a ‘buyers’ or ‘sellers’ market right now?
A. Buyers are not as urgent this year. I am finding that they are not willing to compete as much as in years past. It is still a seller’s market but the conditions are much more favorable for buyers this year.
Q. Is the cost of homes still raising at a rapid rate?
A. We expect less appreciation in 2019 than we have been having the last 5-6 years.
Have questions for Monique? Shoot us an email and we will be sure to address them.