I am excited to present the 2007 Year In Review Fantis Report, a simplified snapshot of the Salt Lake metropolitan
real estate market statistics. Overall, 2007 presented Salt Lake with a simmering real estate sales market in the wake of a red-hot 2006.
During 2007 there were significant market changes. These changes wreaked havoc on small segments of the market
while rewarding others. The shift was clearly driven by increased supply and decreased demand for real estate. The pace of sales
slowed 20-40% in many areas of the Salt Lake Metro market. Interesting statistics, wouldn't you say?
Despite predictions of doom and gloom among naysayers, the average home in Salt Lake County increased in value while, at the same time, sales slowed from a sprint to a more comfortable walking pace.
As we begin 2008, there remains an abundance of new construction and luxury homes. We will continue to see
challenges in these markets. Today, there is enough inventory to last the rest of the year at our current buying rate.
Watch for supply and demand to begin to normalize by late summer, especially if historically low interest rates return
this spring. 2008 will again represent near-record levels of population growth in Utah.
The Salt Lake market is more segmented than many city markets. A neighborhood can be doing well with two floundering areas right next to it. Before trusting statistics that sweep broad areas, find a local expert who can help. Remember, having a real estate license doesn't make an agent a local expert. Be sure to ask specifics about various neighborhoods, and ask for written documentation to back it up.
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Get my performance guarantee. I sell nearly 20 homes each year, with 85% of my business coming directly from past clients and referrals. Call anytime for a quick chat or schedule a time to meet. I'd be happy to help!
In 1990 I moved to Salt Lake City from Cleveland, Ohio. I came here for the skiing, the good schools, and the "western lifestyle." I thought I'd just ski a few years and then move somewhere else. I stayed. Salt Lake is insanely affordable to fly in and out of. Traveling to San Diego, San Francisco, Ireland or the U.K. are some of my favorites. I've even made some international friends that have come to Utah to visit some of our National Parks, see Las Vegas, and even drive up to Yellowstone.
When I'm not working at Fantis Group, some of my other interests include snow skiing, golf, piano, wine tasting, dining out, wake boarding and reading about outer space or world history. Oh, and I read technical manuals. (I'm a detail oriented guy.)
I'm dedicated to moving Salt Lake City real estate forward through excellent service and outstanding results. I believe in working hard and tending to the details. Too many times, I see people end up in situations they could have avoided with some qualified, experienced help. My hope is to help reach out to those people before it's too late.
When it comes to Salt Lake City homes for sale, you can count on us! More than 85% of my business involves repeat clients and referrals. It seems I always meet new Salt Lake home buyers and sellers through the internet, too.
Take a moment to visit Saltyhomes.com - Salt Lake Homes for Sale. I think you'll find it very helpful, and the best home search site for Salt Lake City. It's very user-friendy, and offers features none of the other top sites in town are currently offering.
I specialize in helping buyers and sellers in existing homes for sale on the east side of the Salt Lake Valley, with a special focus on areas from Holladay to Sugarhouse (Sugar House) and Harvard Yale to the Avenues, the University of Utah, and downtown Salt Lake real estate. My typical clients are educated, have interests in the arts and outdoors, and want to live in an area that has easy access to all of those things. Many are relocating from other states into unknown territory. Another characteristic of many of my clients is the desire to experience the diversity that Salt Lake has to offer.
My team of REMAX agents is qualified and experienced in Salt Lake, Utah, and Davis counties. Each year I publish a report (30,000 copies) about the Salt Lake County real estate market and trends. You can view that report on my website www.fantisgroup.com.
Laura Polacheck (Avenues)- “I felt like I was Tony’s only real estate client because of the amount of time he spent and care he showed about finding the right house for me in Salt Lake City. There was no question that he had my best interests at heart. It was like looking for a house with your best friend.”
Scott Helferty (Capitol Hill)- "Tony has a skillful and personal way of finding people the home they want in downtown Salt Lake City."
Ross Raaberg (Avenues)- "What makes Tony so good is his ability to listen and understand his client's needs combined with a thorough understanding of the market and neighborhoods. For me, this resulted in finding the perfect home in a very short amount of time. Tony's Salt Lake City real estate expertise exceeded all my expectations and proved to be invaluable."
Bill Battersby (Sugarhouse)- "I first met Tony at a PSIA ski clinic. I mentioned that sometime in the summer I'd be looking for a house in Salt Lake City for my kids to live in while attending the U of U. I told Tony to stay in touch. Well, amazingly he did. Summer came and he called. Tony worked his tail off to find a place that fit my requirements The Utah real estate market was unbelievably hot and things were selling before the signs were in the ground. Tony was very persistent and found that perfect house that fit my purpose within 2 weeks. He was knowledgeable, reliable, and prompt. I would definitely recommend him...and I have."
Wendy Billings (West Valley)- "Thank you so much for taking the time with me to find my perfect Utah home. Seemed as if you knew my wants and needs almost immediately. I am so thankful that I had you as my buyer's agent and Realtor. I felt at ease with the whole process, start to finish. There were no hidden 'anythings' and I understood the whole process on my first home purchase. Thank you Tony for all that you did for me. I could not be happier."
John Kippen (Sugar House)- "Tony really listened to my wants and needs, then helped me get the home I really wanted for a very good price. He was an excellent communicator, and was available when I needed him. I have already recommended him to several friends. I am very happy!"
Larry Penman (San Diego / Salt Lake City) - "About four years ago my partner and I wanted to buy investment property in Salt Lake City. We conversed with Tony over the phone and set a date to visit. He had a number of places for us to view, and by the end of the day we had made a selection, and we faxed him an offer the next day. We were able to close the deal from out of town. Since then we have purchased and sold another property with the help of Tony. If you have ever tried purchasing or selling a property from afar your would understand the value of a good agent like Tony."
Drs. Bob Mazzola and Kristin Dascomb (Salt Lake City) - "Simply the best! We were lucky enough to be introduced to Tony through one of our professors at LSU New Orleans, who has been friends with Tony for years. We must admit the thought of moving across country from New Orleans to Salt Lake City was quite intimidating. We had to find a house quickly, with limited time during our visits. Tony made this process effortless! He shows you homes you want to see, unlike other Realtors who just want to make a sale. In addition, if he sees something wrong with a house, he lets you know rather than mask problems. Once we purchased our home, he had us set up with landscapers, locksmiths, etc. who had the house move-in ready as we pulled up to it in our U-haul! As I said, effortless! Tony is perfectionist who makes you and your concerns priority one and is not satisfied unless you are… period. We have referred 2 friends at the U to him already who had the same experience. Richard Jones (Radiology) had to sell his condo quickly, Tony had it sold in two days. Michael & Jessica Karge (Anesthesia) also worked with him and had an excellent, professional experience. If you want worry free, comprehensive service from a relocation specialist, there is no substitute for Tony Fantis.
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