Browsing Posts From: Research

Check out the latest charts and graphs as the real estate market continues its dynamic adjustment to mortgage rates and other economic forces.

The market continues to shift. Here is the latest charts, graphs, and stats.     If you need help with buying, selling, or property management, give me a call at 801-390-1480

It’s time for another market update.  This one is a doozer.  Sit down before watching.  The numbers are big.

In 2014 I wrote about the disparity between two of Ogden’s most prominent neighborhoods, the venerated East Bench and the heretofore notorious East Central now  co-branded as Trolley District.  At that time, with the market beginning to heal from the deep wounds of the 2008-2012 real estate depression, there were some early signs of adjustment between the two neighborhoods. Today we revisit this topic with some new charts to illustrate the point.  Yesteryear’s charts consumed a lot of data and time.  This go around I wanted to illustrate the differences […]

Broker Jeremy Peterson offers the latest charts and graphs showing the remarkable change in market conditions in Weber County , Utah. To answer questions about this ever changing market, contact Jeremy at 801-390-1480

In our latest market update video we discussed the buyer panic to find housing right now.  With this sudden increase in the buyer pool, home prices are again finding their way upward as bidding wars ensue.  The chart below shows house price increases on a month-over-month basis (blue bars) and the 12-month moving moving average (black line).  While recent months have leaned toward moderation at less than 1.00%, December’s increase is dramatic by comparison:   Rising interest rates, or the threat of them, have brought demand forward.  To make matters […]

Get the latest charts and graphs showing Utah’s remarkable real estate market trends.  Broker Jeremy Peterson offers a break down of current market dynamics and how buyers and sellers are adapting.  

The Stone Hill subdivision in Ogden has completed build out. What was once the site of the 1970’s dystopian concrete bunker version of Dee Elementary school is now a new neighborhood of avant-garde two story hamlets. With tile exteriors and geometroid porch awnings, the eclectic construction has been popular among buyers seeking refuge in Ogden’s historic urban center. Since this project was city sponsored and list prices were derived from both market forces and government administrative rules, a lottery system was used to determine the lucky buyers who would be […]

Change within the real estate market is slow moving. But its impulses can be felt even if the ultimate outcome is in the distance. This month we share the the lastest charts and graphs and some of the interesting dynamics at play.  Some indicators run contrary to what we would expect to see in the current market.  Find out which ones those are and what we can expect in the future.    If you are in the market to sell your home, be sure to give me a call at […]

Broker Jeremy Peterson offers a deep dive into current Northern Utah market dynamics with plenty of charts and analysis to boot. Have questions about the market? Comment below or give Jeremy a call at 801-390-1480  

The bulk of July sales data is in and the trend is looking very interesting this summer in Weber County real estate.  While current price per square foot is significantly higher than July of last year, the month over month figures appear to show a flattening in price increases.  I will have a video update in mid-August after CPI figures are released.  But just a casual first glance at this chart tells us that we are at an inflection point in the market.  Will price per square foot drop?  Is […]

The real estate market is reaching extremes that are unsustainable. Is a price collapse eminent? No. But other discomfort might be. Find out what might be coming.

Here is the latest market update with the best charts and graphs you will find for our market.  A lot of energy in the market right now.  Check it out!

Its been wild watching the market movements happening over the past several months.  This month is no exception!