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UteStar · 04-06-2007, 10:00 PM

The Utah market continues to bustle along. There was a house that went up for sale in my neighborhood (East bench of SLC). It just sold for $450,000. That blew my mind simply because this is not a huge house. It was a 2500 square foot, 4 bedroom, 2 bathroom home sitting on .22 acres. Yes, it was nicely remodeled but it still surprised me that it sold so quickly (in 2 days) and it sold at a price that I thought was probably 5% overpriced.

Anyway, the Utah market will slow down, but I don't see a bubble anytime soon though.

04-06-2007, 10:00 PM	#1
UteStar Senior Member Join Date: Aug 2005 Posts: 1,817	The market keeps humming along... The Utah market continues to bustle along. There was a house that went up for sale in my neighborhood (East bench of SLC). It just sold for $450,000. That blew my mind simply because this is not a huge house. It was a 2500 square foot, 4 bedroom, 2 bathroom home sitting on .22 acres. Yes, it was nicely remodeled but it still surprised me that it sold so quickly (in 2 days) and it sold at a price that I thought was probably 5% overpriced. Anyway, the Utah market will slow down, but I don't see a bubble anytime soon though.