Real Estate Blog - Blog Archive: April, 2020

OPEN HOUSE EVERYDAY, Text for available times.

(Due to Covid-19, precautions in place to ensure social distancing) 

Fully updated home in the heart of Draper. Meticulously cared for home and yard. New flooring throughout and brand new Anderson windows with lifetime warranty. New air conditioner and furnace and all new appliances. Updated electrical. Fully fenced yard with RV parking and power to the shed. Perfect deck and yard for entertaining! Close to shopping and trails. Text Ty, 801.420.0401 for open house times. Click HERE for more info and to view ALL listings on the MLS.

*12556 S Clover Dr Draper, UT*

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 A lot of people are wondering how the coronavirus situation is impacting the real estate market and their home values. Utah and Salt Lake counties saw a 26% decrease in homes sold this past week over the previous week. This is likely due the fact that all the shutdowns associated with Covid-19 happened 35 days ago in the 2nd week of March. The world was in a panic and very few deals got put together during that period. New listings are steady and so are the number of deals going under contract, although both these figures are well below where they should be.

What does all this mean? It means that if you're a buyer, the timing couldn't be any better to get out there and snag a deal. The pendulum is shifting away from white hot seller's market. Now…

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