Four Takeaways from a Local Economic Guru
We sat down with Neil Walter this last week to discuss the current market trends and what we can expect in 2021. Neil Walter is the CEO of ERA Brokers Consolidated and has taught economics and business at Dixie State University. He is also one of the smartest people we know and our favorite source for information on the local housing market. He emphasized 4 key points to consider when evaluating the state of our local economy.It's not just the elections. Many have raised the question of wha...
Dec 03, 2020
How do the Elections affect the Housing Market
An extremely hyped election here!. People are holding their breath to see who will get into office and how the country will be affected. But, what about the housing market in particular? Does the housing market care who is president or governor or which political party controls the house? Yes, and no.Election ResultsLet's start with the "No" part of the answer. No, the outcome of the elections don't really affect the housing market. Some economists speculate that the economy as a whole may chang...
Nov 03, 2020
What is happening in the housing market?
You can add 'the housing market' to the list of things that have gone crazy in 2020. Houses are flying off the market, inventory is extremely low, and people are still moving to the area. Is this sustainable? Is it beneficial? What is it doing to the housing market? The recent data can shed some light on these and other questions about the heath of the current housing market. Days on MarketOne of the statistics real estate agents use to determine the status of a housing market is how many d...
Oct 01, 2020
New & Newsworthy