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What’s in store for housing by the end of the year?
Shauna Ray, 2021 PresidentNorthern Wasatch Association of REALTORS Homebuyers who currently face an ultra-competitive housing market may be able to get at least a little relief near the end of the year when several factors are likely to combine to create more housing supply. Lawrence Yun, chief economist of the National Association of Realtors, told Realtors at a national conference this month that he expects more housing inventory by the end of the year. “We’re going to get more supply, more inventory,” he said. “The good news is home construction is ramping up. It’s going to take several months to actually show up as an inventory because it takes time to complete the home.” In fact, Yun expects new home …
NWAOR 2021 Bingo Tour
The Affiliate Committee is ready to see you Thursday, May 6th, 2021 from 1pm to 5pm for the Bingo Tour. This event is open to all Northern Wasatch Association Realtors and will allow you to meet some of our Affiliates and discover how they are able to assist you with your clients and build your Real Estate business. The Bingo Tour is similar to the Home Tours however, instead of visiting homes, you will be meeting with the Affiliates of the NWAOR Board at the designated locations. Each Affiliate will have a booth/office set up for you to bring your Bingo card so they can sign their square. They will also have swag and tons of fun! The dates for this event …
80s April RPAC Telethon
Don’t forget to get your RPAC raffle tickets and Gift Cards! Call 801-476-4216 to get your pre-sale raffle tickets or pay for your 1/3 gift card! A HUGE THANK YOU TO ALL OF OUR RPAC SPONSORS!
10 Tips to Make Your Real Estate Offer Stand Out
Shauna Ray, 2020 PresidentNorthern Wasatch Association of Realtors Northern Utah’s hot real estate market continues. With inventory cut by two-thirds compared to last year, buyers are facing tough competition. In Weber County, for example, there were only 298 homes listed at the end of January. That’s down 64% from last year. In Davis and Morgan counties, inventories were cut 65% and 81% respectively. Competition was fiercest in Box Elder County where the number of for-sale homes fell 76%. This equates to less than half a month of supply and means Box Elder has the strongest seller’s market in the state. For buyers who are frustrated by the situation, there are some things you can do to increase the likelihood the …