The Salt Lake Board of REALTORS® announced that 1,934 existing single-family homes were sold in Salt Lake County in the fourth quarter of 2010, down 21 percent compared to 2,450 sales in the fourth quarter 2009.
“It’s no surprise that home sales were down compared to last year,” said DeAnna Dipo, President of the Salt Lake Board of REALTORS®. “Last year at this time the $8,000 federal tax credit created a surge in home sales. However, the most recent fourth quarter sales numbers are up 12 percent compared to home sales in the fourth quarter of 2008 - when the Great Recession was at its strongest point. This indicates the worst of Salt Lake’s housing downturn is over.”
Although single-family home prices in Salt Lake County were down 4 percent in the fourth quarter, there were a number of cities that saw house price gains. They included: Draper (84020) up 7 percent; West Jordan (84081) up 6 percent; Sandy (84092) up 12 percent; Herriman (84096) up 10 percent; Salt Lake City (84103) up 18 percent; Murray (84107) up 7 percent.
LINDA SECRIST - LINDA SECRIST & ASSOCIATES - WHATEVER THEY TOUCH TURNS TO SOLD!
There are many reasons for buying a new home but when you are a parent, a major consideration is your children and their education. Before you begin your search for homes for sale in Utah, you should find out as much information as possible about Davis, Salt Lake, Alpine, Granite, Murray, Canyons, Jordan, Wasatch, Box Elder and Park City school districts.
Sandy is in the Salt Lake Valley, Utah, located in the Wasatch Mountains 13 miles south of Salt Lake City. It has a population just under 100,000. Sandy is Utah’s 5th largest city and education is the responsibility of the Canyons School District. Government census figures show that Sandy, like the rest of Utah, has a much higher than US average of high school graduates achieving 94%, against 81% national average, and it is all achieved economically because the student expenditure per head is ~$3100 compared to a national average of ~$5700. If you’re going to be looking for homes for sale in Sandy, it’s also good to know that post high school, the number of graduates also exceeds the national averages and this is probably driven by the close proximity of University of Utah, Salt Lake Community College and many private collegiate level schools.
There are 28 schools in the Canyon District; 18 elementary, 6 middle and 4 high schools. If you are looking for luxury real estate you’ll most likely find the best selection in zip code 84092 or 84093. If you want more economical Sandy real estate look around zip code 84094 where house prices are pretty typical of Salt Lake Valley and there’s a good choice of all levels of schools.
Education isn’t the only reason to look for houses for sale in Sandy. Like most of the Salt Lake Valley, the recent recession hasn’t hit quite as hard as in other parts of the US and unemployment, for example, is ~4% compared to the national ~10%. With the valley continuing to attract large employers and billion dollar corporations due to the low cost of living, it is comforting to know that should you invest in Sandy real estate with a family home, not only do your children have the opportunity of a high standard of schooling but that there will be employment available after graduation.
Sandy is a city in a beautiful location in the mountains, which offer plenty of recreational activities all year round including the excellent winter sports, plenty of shopping malls, restaurants from various cultures and ample fine dining as well as casual. With the bright lights and attractions of downtown Salt Lake City but a few miles away, there’s no reason not to begin looking for houses for sale in Sandy without delay. If you’re looking for a cosy family dwelling with easy freeway access or luxury real estate with elevated valley views, there’ll be the perfect property just waiting for your realtor to find it.
Beautifully situated on the east bench of the picturesque Wasatch Front mountains and just minutes from the best skiing on earth, a population base of more than 250,000 people within five miles and average income levels above $80,000, Sandy City, Utah fits awide variety of lifestyles. Whether you're in the market for an abundance of recreation, quality housing, endless shopping opportunities or a career in an ideal location, Sandy City is well established as a synergistic commercial center with prime locations for future growth. Add in the historic low interest rates and even better home prices to the following program and it's never been a better time to buy Sandy City Real Estate.!
The "Own in Sandy Program" is an effort by Sandy City and the Sandy City Redevelopment Agency to stimulate the local economy by creating new jobs through the construction of new homes which have not been lived in that are currently on the market within Sandy City. The program will additionally, increase the opportunity for qualified home owners to purchase existing new homes which have not been lived in that are currently on the market. Persons requiring primary residential loans and that meet specific guidelines can qualify for a $5,000.00, zero interest loan, to assist with the purchase of the home. This loan becomes a grant after the owner has lived in the home for a consecutive three (3) year period.
Own in Sandy" loans can only be used at the time of closing for a down payment, for closing costs or a principal reduction in purchase price.
1) Eight (8) loans are available for the purchase of a new existing home currently on the market which has not been lived in.
2) An additional Seven (7) loans are available for construction of a new home within approved sub-divisions in the Sandy City area.
We here at the Linda Secrist team would love to show you some of the fabulous Sandy Real Estate currently on the market (and some that haven't hit the market yet) and help you get qualified for this remarkable program! See what's open this weekend.