Payson, UT

The number of Homes in Payson sold had a healthy increase of 57%. Median and average sold price of Payson Real Estate both took a hit though as decreases were above 10%.

Energy Audits for Historical Buildings like the Peteetneet School in Payson, Utah | Information gathered from any Utah energy audits in the Historic Areas of Utah County, Utah will be used to determine energy efficiency, retrofitting and weatherization projects using funds from the Energy Efficiency and Conservation Block Grants (EECBG). Retrofitting projects will include air infiltration, energy efficient windows and doors, insulation levels, weather-stripping and caulking, and electric base loads.

Using its EECBG formula funding to retrofit and improve the energy efficiency of a number of it's municipal buildings that will result in substantial reduction in energy usage.

EECBG Formula grants can be used for energy efficiency and conservation programs and projects community wide, as well as renewable energy installations on local municipal buildings, city facilities, local city and county government buildings. EECBG programs include: energy efficiency stimulus funding, energy efficiency retrofit programs, municipal efficiency retrofits, retrofitting of city owned buildings.

If an EECBG weatherization and retrofitting project is selected, an energy audit must be completed first in order to prioritize other activities.

We foresee energy efficiency block grant funds as a crucial component of pursuing energy efficiency programs within a town, city or local government.

Alamo Infrared is the oldest and largest building inspector and energy auditor for homes, businesses, cgurches, schools, medical and government buildings in the Rocky Mountain West.

Please visit our energy audit pagefor more information www.utahenergyaudit.com

Energy Audits for Historical Buildings like the Payson Historic District, Utah | Information gathered from any Utah energy audits in the Historic Areas of Utah County, Utah will be used to determine energy efficiency, retrofitting and weatherization projects using funds from the Energy Efficiency and Conservation Block Grants (EECBG). Retrofitting projects will include air infiltration, energy efficient windows and doors, insulation levels, weather-stripping and caulking, and electric base loads.

Using its EECBG formula funding to retrofit and improve the energy efficiency of a number of it's municipal buildings that will result in substantial reduction in energy usage.

EECBG Formula grants can be used for energy efficiency and conservation programs and projects community wide, as well as renewable energy installations on local municipal buildings, city facilities, local city and county government buildings. EECBG programs include: energy efficiency stimulus funding, energy efficiency retrofit programs, municipal efficiency retrofits, retrofitting of city owned buildings.

If an EECBG weatherization and retrofitting project is selected, an energy audit must be completed first in order to prioritize other activities.

We foresee energy efficiency block grant funds as a crucial component of pursuing energy efficiency programs within a town, city or local government.

Alamo Infrared is the oldest and largest building inspector and energy auditor for homes, businesses, cgurches, schools, medical and government buildings in the Rocky Mountain West.

Please visit our energy audit pagefor more information www.utahenergyaudit.com

Prices of real estate in Payson Utah has stayed pretty close to a 4% appreciation line set from 2000. Payson homes sold increased to over 350 in 2006 and dropped just below 150 in 2009. Even with the decrease, it was not as dramatic last year as it was in the years prior. This could be a sign of an increase of homes in Payson sold within the coming years.

We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.

PRICE ACTION

Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.

SUMMARY

Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those with low and/or no risk tolerance to purchase.

High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.

Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.

Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.

Buy and hold is the best buying strategy.

Data considered accurate... However is NOT Guaranteed. Contact your Mark Watterson your Local Property Resource Specialist for the most up-to-date data and help to determine your specific risk tolerance.

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Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC

Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com

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