Monday, January 17, 2011

Good News for South Ogden Homes Sales

South Ogden saw an increase in sales last December compared to the previous year.  Looks like people were look for great deals!  This increase amounted to 33.33 percent, making December one of our best months in all of 2010.  Once of the causes for this can be the drop in housing prices.   Last month median home sales price went down 19.27 percent over December 2009.  Median price registered at $160,000 last month lower than of what it was a year ago at $198,200  My home alone has lost nearly $20,000 in value over the past 12 months, this according to www.zillow.com. Also a lot people could have been out shopping for a mortgage over Christmas.  However if you are looking for some great deals, I am sure it can be found in South Ogden.  More info can be found on the Weber County Real Estate Blog: Link

Contact Phill Wright if you want to know more about 40 year low mortgage rates.  He is one of the best in the business.

One thing I do know, January is always very slow for mortgages; so I am interested in seeing January's numbers.

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