Browsing Posts From: Research

VIDEO: Northern Utah Real Estate Market Update – August 2022 – The Tide Goes Out

August 22, 2022 Posted by: Jeremy Peterson

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

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VIDEO: Northern Utah Real Estate Market Update – May 2022 – Maximum Market Pain

May 18, 2022 Posted by: Jeremy Peterson

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CHART: Price Increases Pop…Again!

January 26, 2022 Posted by: Jeremy Peterson

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 […]

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VIDEO: Northern Utah Real Estate Market Update – January 2022 – The Buyer Scramble

January 22, 2022 Posted by: Jeremy Peterson

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.  

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STONE HILL:  Peak Speculation?

October 19, 2021 Posted by: Jeremy Peterson

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 […]

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VIDEO: Northern Utah Real Estate Market Update – October 2021 – Market Break Out or Freak Out?

October 12, 2021 Posted by: Jeremy Peterson

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 […]

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VIDEO: Northern Utah Real Estate Market Update – August 2021 – Market Top?  Volume Drop!

August 16, 2021 Posted by: Jeremy Peterson

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  

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CHART OF THE DAY: Market Top? Or Plateau?

August 2, 2021 Posted by: Jeremy Peterson

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 […]

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VIDEO: Northern Utah Real Estate Market Update – Unsustainable Extremes

June 17, 2021 Posted by: Jeremy Peterson

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.

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VIDEO: Northern Utah Real Estate Market Update – The Urge to Surge

May 12, 2021 Posted by: Jeremy Peterson

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!

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VIDEO: Northern Utah Real Estate Market Update – March 2021 – The Market Broke My Charts!

March 23, 2021 Posted by: Jeremy Peterson

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

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VIDEO: Northern Utah Real Estate Market Update – February 2021 – Sales Surprises

February 17, 2021 Posted by: Jeremy Peterson

The market is doing some strange things with prices soaring and sales slumping.  Meanwhile, homes under contract appear to be going missing.  What’s going on?  Find out!

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VIDEO: Northern Utah Real Estate Market Update – January 2021 – House Market Roaring

January 18, 2021 Posted by: Jeremy Peterson

The past 12 months were like nothing we have seen in Northern Utah in over 25 years.  Here is a video explaining what made 2020’s real estate market so wild and crazy.   If you want to find out what your home is worth in today’s market, give me a call.

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CHART:  Weber County Residential Lot Values

December 31, 2020 Posted by: Jeremy Peterson

House prices have been on a tear for years now along the Wasatch Front.   New construction is in high demand as housing supply has not kept up with population growth.  Since land prices are a component of the cost of new construction, I thought it was time to take a look at the value of lots in Weber County and see how they were trending. Here is today’s chart on this subject:   This chart represents the price per acre of residential lots sold in Weber County from 1995-2020.  The […]

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VIDEO:  Northern Utah Real Estate Market Update – August 2020 – Price Explosion

August 4, 2020 Posted by: Jeremy Peterson

Broker Jeremy Peterson explains the unprecedented surge in house prices in Weber County Utah and reveals what is happening behind the headline housing numbers.

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