2012 Salt Lake Housing Forecast

I'm looking forward to the 2012 Salt Lake Housing Forecast Breakfast on Wednesday, January 18th. Eric Belsky, Director of the Joint Center for Housing Studies at Harvard University will present on the key factors crucial to supporting a housing and economic recovery in Utah and the nation.

James Wood, Director of the University of Utah's Bureau of Economic and Business Research will also be presenting the 2012 Salt Lake housing forecast.

In addition to being informative, these forecast meetings are really fun to go to. Given that the presentation is given to 500 Realtors, you know the "spin" on the data will always be: "And that's why NOW is the perfect time to buy or sell your house." I'm chuckling already just thinking about it.

The truth about whether or not to buy or sell a home NOW requires an assessment of the individuals' situation and options. Still, for those who are thinking about buying or selling, knowing the current economic trends and how they potentially affect the housing market in the near future can help one decide whether to take action now or wait another 4-6 months.

The good news I'm expecting to hear is that Salt Lake leads most of the nation in having those "crucial" factors that support housing and economic recovery.

I'll report back after the event. In the meantime, if you have any questions about buying a home in Salt Lake, just pick up your phone and give me a call.

Thanks!