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Expect home sales to be slightly higher than last year, with slower price growth and a slight increase in the number of homes for sale. Expected home trends for Utah in 2013 include stronger buyer confidence as strong job growth continues to climb with interest rates remaining low making housing more affordable. Affordability – In the first quarter of 2012 the median income family in the Salt Lake metropolitan area could afford 82 percent of the homes sold. Demographic Growth – Increased job opportunities due to employment growth produces higher levels migration, expanding the demand for housing. Higher Rents – Apartment rents in Salt Lake County increased 8 percent last year and vacancy rates dropped below 5 percent.
2 Salt Lake County’s Real Estate Recovery, James Wood, Bureau of Economic and Business Research, University of Utah, January, 2013. Hill Air Force Base Area includes South Ogden, Riverdale, Roy, Clinton, Clearfield and Sraycuse.
Camp Williams Area includes Lehi, Bluffdale, Saratoga Springs, Eagle Mountain, South Jordan, Draper, Herriman and Riverton. Equity-USA Real Estate was founded in Salt Lake City, Utah in 1995 with the specific premise that buyers and sellers deserve the best services for their real estate needs. Equity Real Estate agents have intimate knowledge of each community’s character, mood, and growth potential.
Equity Real Estate is a profit sharing company where associates are in partnership relationships with the owners. The Equity culture is based upon a belief system that is summed up by the definition of the word “Equity”. If you are searching for a real estate professional to list and sell your home, or if you're a buyer and are ready to begin working with a real estate agent, you've come to the right place. We have expertise in real estate for both purchasing and listing properties in Prescott, Prescott Valley, Chino Valley, Paulden, Dewey Humboldt and Mayer and all surrounding areas.

OUR PROMISE TO SELLERS  Realty Executives is the top listing agency in Prescott Arizona. Residential home sales last year (34,804) exceeded previous year’s sales going back to 2006. The forecast displayed to the right displays an upward trend in each category—Price, Demand and Supply.
The supply of homes is falling to a 7 month supply, giving home buyers a smaller selection to choose from. Pent up demand caused by recession job losses and by many who were forced to move-in with family or friends will improve this year, allowing more families to move out to their own home or condo. This is the highest level of affordability locally in the 21-year history of the NAHB affordability index. Positive economic news and positive job outlook boosts consumer confidence and induces higher demand for housing.
For more that 15 years that founding premise  has been a major factor in the continued growth and success of Equity Real Estate across North America. Due to the fact that the majority of Equity Associates live in the communities and neighborhoods they serve, they are eager and capable of tracking unique challenges that families encounter when selecting new homes.
This means that everyone at Equity Real Estate wants your success, because everyone benefits. Call The Coates Team and we'll show you more!Prescott Offers Recreation and Much More!They call it "Everybody's Home Town." Call The Coates Team and we'll send you more information!
Positive factors influencing growth for 2014 include declining foreclosures, increased new construction, more job growth and an anticipated influx of new people to Utah requiring at least 3,000 more additional homes. Mortgage interest rates are now going up and are expected to continue to rise, making affordability more difficult. Rising rental rates will continue to motivate renters to become home owners; thereby, increasing demand for condos and homes in Utah.

A few models in subdivisions have been the extent of the homebuilder’s unsold inventory. They call it "PRESKITT"Call The Coates Team and we'll tell you more about "Preskitt."Live, Work & Play in Prescott ArizonaPrescott! Negative factors include rising mortgage rates, higher fees from Fannie Mae and Freddie Mac, and increased federal regulations.
For many home buyers, now is the time to buy before prices go any higher and interest rates go higher. See a beautiful montage of Prescott's best outdoor adventure, history, local charm, entertainment, and a leisure lifestyle that's inviting to everyone!History Lives in Prescott ArizonaPrescott is a destination that transcends the Arizona archetype. Whiskey Off-Road Mountain Bike RaceThe Whiskey Off-Road Mountain Bike Race is just one of many year-round events that local residents and visitors can enjoy. Call The Coates Team and we'll tell you more!Weekends in Prescott ArizonaWant to know what to do or see in Prescott? No strings attached, we promise!Experience PrescottA look at why Prescott is a great destination for visitors (and locals too!). For more information, call the Coates Team.Golf in Prescott ArizonaEscape to Prescott for some relaxation on your choice of five beautiful golf courses at mile high elevations that keep the temperature comfortable.
Contact the Coates Team and we'll be glad to send you more information with no strings attached.

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