Market Update

The real estate market in Utah is positioned well compared to the rest of the country. Logan was recently ranked in the top 10 ten college towns to live in based on affordability. Utah was ranked 5th by Forbes magazine for real estate value, which increased by 12.9% over the previous year as reported by the U.S. Government. As of December 1st mortgage rates are extremely low with 30 year fixed rates hovering under 6%, and the outlook is favorable after the sub-prime issues finally settle out. This indicates that your home is a smart investment and is likely to continue to increase in value.