Logan Utah Ranked #15 Nationally for Housing Appreciation

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Logan Utah is ranked nationally for housing appreciation. 15th infact. This is more of a reflection of the struggling state of the housing economy nationally than it is of the stellar appreciating Logan Utah Real Estate market. Nevertheless, relative to most of the nation our market is very stable and it is a great time to buy homes or land in Logan Utah.

Here are some stats as reported by the office of federal housing enterprise oversight:

Houses in Logan appreciated a little over six percent from the first quarter of 2007 to the first quarter of 2008. In the last five years, Logan home prices have appreciated nearly thirty three percent, which is a fairly gradual and healthy rate of appreciation. As a state, Utah ranked second among the states for one-year appreciation, with an increase of 5.58 percent.

Also in Utah, the Provo-Orem, ranked 6th nationally with 6.76 percent appreciation and the Ogden Weber metro ranked 9th with a 6.64 percent gain. Salt Lake City came in at No. 22 in the nation with a 5.39 percent increase and the Saint George area had a decline of 3.65 percent giving it a ranking of 235th nationally.