South Ogden, UT

Whenever I'm doing a home inspection in the South Ogden area I always look forward to seeing my furry friends.

This one is actually my favorite but he does tend to be a little needy. Once you start petting/scratching him you better be prepared to offer a full back massage because he want except anything less. Just notice the way he looks at me when I quit scratchin him in the 2nd picture.

I can't really telll if he's scratchin his nose or passin gas

Don't worry he's not dead. Playing dead seems to be his favorite trick. He has about 20 different dead posistions that he will gladly show you if you decide to stop by.

I'm not so sure about this llama lookin thing. He always stares me down. I always feel as if i'm about to get blasted across the face with a mouthful of llama spit. He hasn't blasted me yet so I'm still claiming him as a friendly.

Nobody has actually taken the time to explain to this dude that he's not a horse. I would be glad to tell him what he is if I infact actually knew what he was. I guess what he doesn't know can't hurt him

Alright, I had to quit taking pictures because he was demanding I finish his back scratch.

Mt. Ogden in Infrared

Driving towards my home in South Ogden, I stopped an took a few Infrared Images of Mt. Ogden.

I've been planning on hiking to the top for 3 years now, but just can't seem to make it happen.

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

Has the Utah Real Estate Market bottomed?

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 investor with low and/or no risk tolerance to purchase. Investors with a long term buy and hold strategic. Opportunities are starting to make sense. Contact your property resource specialist for information to make an informed buying decision.

Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Then you need consultant a resource specialist for information to make an informed buying decision.

High and medium risk tolerant investors and some homeowners are making buying decisions.

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.

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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 or www.UtahMark.com www.whiteravengroupllc.com

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.

_______________________________________________________________________________________________________________________________________

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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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 the exceptional 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 seamless event.

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!

The home prices in South Ogden have been averaging $176,959 for the last 30 days. In the South Ogden area there have been 23 homes sold in the last 30 days. They have ranged in price from $41,000 to $408,300 with an average of 93 days to get sold. Homes under $250,000 are moving at a rate of 65 days on the market compared to homes over $250,000 that are taking an average of 65 days to sell. At the time of this report there were 163 homes for sale in South Ogden. There is 7.09 months worth of inventory available in South Ogden making it a slight buyers market, but not like it was when there was a year's worth of inventory.

For more information visit my web site at www.jimmcewen.com or give me a call at 801-686-5550

If you are looking for a home try our free web site. http://www.FindYourUtahHome.com