Sandy, UT

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 listingsand 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 Mark Watterson your Local Property Resource Specialist for the most up-to-date data and help to determine your specific risk tolerance.

_______________________________________________________________________________________________________________________________________

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 atwww.markwatterson.com or www.UtahMark.com

It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.

The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.

My customers refer their family and friends because of theexceptional attention to detail, customer focus and the value added services they receive. An unmatched passion and love for providing these services is the thread that binds the entire business process together making it a smooth and seamlessevent.

In fact it doesn't even seem like business. Because it's all about you, your goals and objectives.

You should expect the highest level of service and you deserve it. It's about you, the right property and your GOALS. YOU Deserve the BEST!

Utah Home Buyers Beware - Yield Spread Premium (YSP)

As a Loan Officer and Realtor I have noticed an area of Home Loans and Mortgages that goes unnoticed by the consumer, that of Yield Spread Premium. Most borrowers believe that their Loan Officer makes his profit with the Loan Origination Fee. But most don't understand that the Loan Officer can make up to 4 percent more, on most loans, with the Yield Spread Premium.

What is Yield Spread Premium?

Yield Spread Premium, or YSP, is the fee paid by the Lender to the broker in exchange for a higher interest rate, or an above wholesale rate. The borrower may qualify for a certain rate, but the broker can charge this fee and give the borrower a slightly higher rate to make more commission. YSP was originally intended as a way for the borrowers to avoid having to pay any money up front. Today it is seen primarily as just another fee the borrower gets stuck with. The YSP is disclosed by law on the Good Faith Estimate. Usually the YSP is stated as between 0 and 4 percent, at the bottom in fine print.

What can Borrowers Do?

The best way to understand YSP is to discuss the topic with your Mortgage Loan Officer. Make sure he/she explains the difference between Loan Origination and YSP, and continues to keep you informed up to and including closing.

Search Utah MLS Listings

Utah County Real Estate Utah County Homes Utah Homes For Sale Provo Real Estate WS Orem Real Estate WS Utah Homes 4 Sale Alpine Real Estate Alpine Real Estate Cedar Hills Real Estate Highland Real Estate Eagle Mountain Real Estate Springville Real Estate Utah County Real Estate Utah County Homes 4 Sale Utah County Real Estate 4 Sale Springville Real Estate Lehi Real Estate American Fork Real Estate Pleasant Grove Real Estate Utah County Realtor Alpine Homes for Sale American Fork Homes for Sale Lehi Homes for Sale Pleasant Grove Homes for Sale Saratoga Springs Homes for Sale Provo Orem Homes for Sale Utah County Realtors Mapleton Homes for Sale Utah County Realtor MLS Search Utah County Realtor Map Search Utah County Real Estate MLS Search Utah County Homes MLS Search Draper Real Estate, Draper Homes for Sale, Herriman Real Estate, South Jordan Real Estate, Sandy Homes for Sale, Salt Lake Homes for Sale

Looking to increase the energy efficiency of your existing Pepperwood home? Are your Questar gas bills through the roof? Let Alamo Infrared Energy Audits and Home Inspections inspect and evaluate your Sandy, Utah home. Our modern equipment can evaluate and determine the air tightness of your new home. Leaky windows and doors as well as missing or insufficient insulation can only be detected using high performance blower doors and infrared cameras. For more information visit our website: www.utahenergyaudit.com www.umrt.com

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

Looking for an energy efficient home in the Pepperwood area of Sandy, Utah? Let Alamo Infrared Energy Audits and Home Inspections inspect and evaluate your new home. Our modern equipment can evaluate and determine the air tightness of your new home. Leaky windows and doors as well as missing or insufficient insulation can only be detected using high performance blower doors and infrared cameras. For more information visit our website: www.utahenergyaudit.com

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

Looking for an energy efficient home in Sandy, Utah? Let Alamo Infrared Energy Audits and Home Inspections inspect and evaluate your new home. Our modern equipment can evaluate and determine the air tightness of your new home. Leaky windows and doors as well as missing or insufficient insulation can only be detected using high performance blower doors and infrared cameras. For more information visit our website: www.utahenergyaudit.com

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