Monday, February 6, 2012

February Real Estate Update

Great news home sales are on the rise and interest rates are still extremely low! The Salt Lake Board of Realtor's project a 9% increase in home sales, which will in turn lower the available housing inventory. Interest rates are still extremely low; I have a client that locked their rate last week at 3.75%!! If any you are like me and purchased homes in the last 5-8 years. I would venture a guess that this rate would be less than half of what you locked when you purchased your home. What all of this information means is that IT IS TIME TO BUY! With home sales increasing, listed inventories reducing, low interest rates and my exclusive commission sharing program giving home buyers back up to 1% of the purchase price of their home; it is the perfect storm! These market conditions will not last, so contact me TODAY at 801.699.8176 or by email at 

Have a great day!
Mike - Ally Real Estate

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