So RealtyTrac says that foreclosure filings in 2013 were only 1.4 million, down 26% from 2012 and the lowest number since the housing crisis began in 2007.
Housing starts for 2013 were 50% of normal according to the National Association of Home Builders and they predict a return to normalcy by late 2015.
Kiplinger forecasts that Salt Lake County and Utah County home values will appreciate in 2014 by 4.2% and 5.2% respectively.
So is it time to build or should you keep trying to find an existing home, in the right place, right condition and right price.
Give me a call and we can talk about your situation and discuss what is right for you, to get you in a new home in 2014.
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| Photo: icecastles.com |
In the meantime it is sounding like the best movie of the year is Frozen. Have you seen it yet? After seeing this movie you probably will be thinking of Ice Castles and not homes. If you are close to one of these 3 locations in the United States put on your winter clothes and go check out the Ice Castles.