2019 Real Estate Forecast

Home Values Projected to Level Off

National Association of Realtors Chief Economist Lawrence Yun spoke recently of a "very boring" forecast for home sales in 2019 predicting that home sales will soften up and home appreciation will come back to earth. Said Yun, "Home appreciation will slow down--the days of easy price gains are coming to an end--but prices will continue to rise."

Yun remarked that the overall health of the US economy is solid noting low unemployment numbers, stable job growth, and wages beginning to increase. "This type of activity in the economy should support the housing market, even as interest rates rise," Yun Said.

Zillow.com projects Utah county's median home value to increase 3.5% in 2019. A more stable figure than the…

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**OPEN HOUSE -- Harvest Hills Subdivision -- Saratoga Springs**

OPEN HOUSE!! 12/15/18, 1-3PM

Just listed is this fantastic cul-de-sac location in Harvest Hills. Excellent proximity to everything both Utah and Salt Lake counties have to offer. The home has large bedrooms, a beautifully updated kitchen with a convenient laundry room, a finished basement, and three car garage. The vaulted ceiling in the master is a nice touch. Buyers will love this meticulously cared for home. Priced just right for a quick sale.

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5 Reasons Why You Should Sell This Fall!

Top 5 Reasons Why Selling Your Home This Fall Makes Sense 

1. Demand is still very strong

The most recent Buyer Traffic Report published the the National Association of Realtors (NAR) indicates that buyer demand remains very strong throughout the majority of the US, Specifically here in Utah.  There are plenty of ready, willing, and able buyers ready to write an offer.  Many of the lower price ranges are still experiencing multiple offer situations on many listings. Now is a good time for sellers to take advantage of strong demand.

2.  Competition Is Lower

Listing inventory levels are well below normal market conditions of six months of inventory.  Utah is still hovering at around a 3.5 month supply of inventory.  This means that across…

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Utah Home Values at An All Time High

HUGE MILESTONE The median home value in Utah just hit $300,000 for the first time ever. It's likely a guarantee that your home is worth more right now than ever before. If you've had any thoughts about selling your home, land, or investment property in Utah, NOW is the time to give us a call! Many people don't sell because they're worried about how they would make the transition from their current home into the next. Let us help make that a smooth process for you! That is what we do best. Reach out to us today for a free, no-obligation selling consultation to discuss your options and to see what puts us in the top 2% of Realtors in Utah.

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*New Listings -- 588 E Park Dr -- Elk Ridge*

Just Listed by The Kennedy Group

Incredible opportunity for a fully finished home with two kitchens! Full mother-in-law suite for extra living space. Beautiful views. Tons of storage in this solid brick home. Buyers will love all the space this home offers you. Priced just right for a quick sale! Call today for a showing. 801-358-0745. Click here to view more homes in the area.

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**OPEN HOUSE -- Pine Meadows Subdivision -- Spanish Fork**

OPEN HOUSE - SATURDAY (8/18/2018) 12-2PM!!

This is an awesome rambler in Pine Meadows, one of Spanish Fork's most desirable neighborhoods. Buyers will love the excellent floor plan, vaulted ceilings, bonus room above the garage, formal living room, nice yard space, wide driveway, plus more. Priced just right for a quick sale. Call today for a showing! 801-358-0745. Click here to view more homes in the area.

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**New Listing -- 1718 N Sparrow Way -- Salem Park**

JUST LISTED BY THE DAN KENNEDY REAL ESTATE TEAM!!

Beautiful rambler in the Salem Park subdivision! You are sure to love this home! Lots of extra parking and extra storage with a "Tuff Shed" in the back that stays with the home! This home has an excellent floor plan with tall ceilings giving it a big spacious feel! Basement is fully finished, giving this home 5 bedrooms and 3 bathrooms. We have priced this home just right to sell quickly, this won't last long! Call today for a private showing! 801-358-0745. Click here to view more homes in the area.

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New Listing -- 1808 E 1640 S Spanish Fork -- Pine Meadows

This Spanish Fork rambler won't last long! It is located in the Pine Meadows Subdivision right off Canyon Road. This fully finished home is in great shape with all the upgrades and just so happens to be priced on the lower end of values for this area. There are 5 bedrooms and 3.5 baths and also has a fully functioning nail and hair salon in the basement. Home has vaulted ceilings throughout the main floor and nine foot ceilings in the basement making this home feel very spacious. This home wont last long! Call today for a private showing. Owner/Agent, Dan Kennedy 801-358-0745. Click here for more pictures of this home and to view more homes in Spanish Fork.

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Coming Soon Listing -- 1808 E 1640 S Spanish Fork, Utah

 Coming soon to the market! Excellent Spanish Fork location in the Pine Meadows neighborhood. This fully finished rambler is in great shape with nice upgrades throughout. Granite countertops throughout the home. Hickory hardwood in the kitchen, dining, and great room. New carpet on the main floor. Buyers will love the wide driveway with RV parking behind a gated fence. Most of the fencing is Simtek. It looks great and lasts a long time. The basement currently has a fully functioning hair and nail salon. This space could easily be made back into a bedroom, preschool, or an excellent toy room. Vaulted ceilings throughout the main floor and nine foot ceilings in the basement give the home a very spacious feel. This home happens to be on the lower end of…

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New Listing -- 672 W 100 S Payson, UT

 This charming home will not last very long on the market. This price range is red hot and buyers will need to act quickly. The home has 2 bedrooms and 2 bathrooms. It's in great shape with very nice curb appeal. The lot size is excellent and will give you space for a garden, dog run, and has an exterior shed. Oversized one care garage with plenty of extra space to tinker. The exterior of this home is in great shape as is the roof and shingles. Buyers in this price range will fall in love with these possibilities. It is likely to have multiple offers within the first few days so give us a call at 801-358-0745 to arrange a showing. Click here for more homes for sale in Payson.

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