Here’s what you need to know about the state of our housing market.
What’s going on in our housing market? As we get close to spring, more and more people have reached out about making a move. That’s why today, we’re sharing our annual market forecast. This information was put together by James Wood, one of the top economists in Utah. It goes over everything that happened last year in our market and what we can expect from this year as we move forward.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:29 — What is the James Wood forecast?
1:20 — Interest rates
1:53 — The job market is strong
3:07 — Home values will likely increase this year
4:49 — Wrapping things up
If you have questions about this forecast or anything else, please call or email me. I look forward to hearing from you!