Park City Real Estate Statistics - Quarter One Report for 2018
Posted by Sean Matyja on
The real estate market in Park City, Utah continues forward, moving in an upward direction with no signs on the horizon of making a turn. We are consistently asked if we think the market prices will drop, or if the activity will decrease. Of course, it is possible, and at some point, the market will surely level, if not actually retract in units sales and/or prices. For now, things seem to be good, and steady.
A major difference in this market, compared to what we saw back in 2005-2007, is today's buyers do not seem to be leveraging themselves. Over a decade back, lending was so loose, and it was way too easy for anyone to get money to make a real estate investment purchase. In today's word, the rules and regulations for qualifying and approval on…
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