The Real Estate Report Card

Latest Salt Lake City Real Estate Sales! Here are the numbers looking back from 6/23/2010. ALL LISTINGS Total # Actives 7723 Sold last 30 days 980 Sold 365 Days 11786 Listed last 30 days 1716 Total Pending Sales 1525 Pending last 30 days 732 Expired last 30 days 943 Expired listings 365 Days 12246 Months Supply of Homes 7.8 SHORT SALES Total # Actives 1653 Sold last 30 days 136 Sold 365 days 1373 Listed last 30 days 267 Total Pending Sales 293 Pending last 30 days 124 Expired last 30 days 179 Expired listings 365 Days 2158 Months Supply of Homes 12.1 Average Days on Market 122 21.4 % of our active listings are Short Sales... 15.5 % of the homes listed in the last 30 days are Short Sales... 19.2 % of the homes pending are Short sales... 18.9 % of pending homes in the last 30 days are Short Sales... 13.8 % of the total homes sold in the last 30 days were short sales... Feel free to call me if you have questions about these numbers and what they mean! I’m

Home Buyer Rights * As citizens of the United States we have the Bill of Rights and the Constitution to protect us! * What protects a buyer of real estate and what are their rights? * Let’s review them…keep in mind that local and state laws will have an impact on Buyer Agency and the nature of disclosure. * Also bear in mind the statute of fraud requires any real estate agreement to be in writing. * This offers the parties the greatest protection under the law. Buyer has right to... Choose neighborhood. Select a lender of their choice. Acceptable financing, closing costs, insurance, and interest rate. Exclusive Representation, to use the REALTOR of their choice. Choose their escrow company or closing attorney. Choose their home inspector. Inspect the property, to perform due diligence to their satisfaction Request repairs or corrections, to resolve objections. Cancel sale based on Due-Diligence, Financing, or Appraisal. Fnal walk-thru inspect

Lets take a look at our 30 day snapshot of our Salt Lake County Real Estate Market! Here are the numbers looking back from 6/14/2010. ALL LISTINGS Total # Actives 7579 Sold last 30 days 995 Sold 365 Days 11864 Listed last 30 days 1577 Total Pending Sales 1566 Pending last 30 days 682 Expired last 30 days 965 Expired listings 365 Days 12328 Months Supply of Homes 7.6 SHORT SALES Total # Actives 1644 Sold last 30 days 30 Sold 365 days 1356 Listed last 30 days 250 Total Pending Sales 293 Pending last 30 days 116 Expired last 30 days 177 Expired listings 365 Days 2164 Months Supply of Homes 54.7 Average Days on Market 119 21.6 % of our active listings are Short Sales... 15.8 % of the homes listed in the last 30 days are Short Sales... 18.7 % of the homes pending are Short sales... 18.3 % of pending homes in the last 30 days are Short Sales... 3 % of the total homes sold in the last 30 days were short sales...