Experts have projected that U.S. home prices will appreciate by 5.4% in 2013. If we assume that prices will rise about the same 5% over the next twelve months, here is the difference a buyer in Utah will pay if they wait a year.
Archive for the ‘The Economy’ Category
A word of warning to Ivy League Excel jockeys heading to Wall Street: You may end up in Salt Lake City. It’s a long commute to the Hamptons, and the nightlife can be … well … sobering. Then again, think of the skiing.
Utah, already home to 5 percent of Goldman Sachs workers, is gaining momentum in its bid to be Wall Street of the West. State economic development officials say they are in advanced talks with three major banks on projects that would bring an additional 1,000 securities jobs to Salt Lake City.
Today’s post is written by Dr. Steve Sjuggerud of Daily Wealth and clearly explains why MARKET PRICE today is still a fantastic deal.
Tuesday, April 9, 2013
“The last house I tried to buy had 65 offers on it and sold well above asking price.”
This guy was not alone…
Conference attendees from Florida to Phoenix told me similar stories. “The deals are gone,” they said. So they’re giving up.
But fear not, my friends! Market price – or even “above-market price” – on housing in America is still a fantastic deal today. Let me explain…
What’s happened in real estate is nothing short of extraordinary…