Monday, June 05, 2006

Salt Lake City market continues upward

The Salt Lake City market continues to amaze me with it's appreciation gain. The four bedroom, two and a half bath two car garage pre-construction home I bought in September of 2006 has gone from $259,000 to $345,000 in nine months. St George Utah is even hotter. If you are considering buying in either of these markets be sure to do your research. Find out what areas and what type of properties are in demand in these hot markets. Use realtor.com to find listing agents and ask several of them what they think is the best property to buy and what are other investors buying. Be sure and start out the conversation with " I'm calling about your listing I saw on realtor.com, could you please tell me about it"? Then you can transition into market questions.
Good luck!