Market Matters - Local Update - Volume 8
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Market Matters

Local Real Estate

Housing Shortage, Interest Rate Uptick, and more Millenials!

This edition of Market Matters contains the 2017 Salt Lake Board of Realtors Housing Forecast along with an informative power point from the National Association of Realtors chief economist, Lawrence Yun, Ph.D. that details the nation's broad economic outlook.

These reports are a couple of our favorite things, and we hope you enjoy them, too!

And... if outdoor ice skating is your thing, it's time to get your skates on because the ice will be melting at the Gallivan Center this Sunday!

Is There a Housing Bubble?

By James Wood, Kem C Gardner Policy
Institute, University of Utah.

"The sizable increases in prices over the past five years
raises the question of whether a housing price bubble is 
building. A 48 percent increase in five years is extraordinary.
But this increase must be set in the context of the four years of declining housing prices. For sixteen consecutive quarters housing prices declined in Salt Lake County's real estate history. The return of prices pre-recession levels should not be confused with a housing bubble."

Click the link below for the complete report!

2017 Salt Lake Housing Forecast

Economic Market Outlook

*Lifetime Wealth at All-Time High*
*Annual GDP Below 3% for 11 Straight Years*
*Jobs (8 Million lost... 15 Million Gained)*
*Homeownership Rate Near 50 Year Low*
*Student Loans Rising Fast*
*Borrowers not Defaulting*

Click the link below for the complete Report!

2017 Economic Market Outlook

Gallivan Center Ice Skating

Last chance to get in on outdoor ice skating!

*The ice rink will be open this season through Sunday, February 26, 2017. *  

Gallivan Center Ice Skating

If you don't make it to the Gallivan Center before it closes, here are a few links to other rinks that have longer, or even endless seasons!
Park City Resort Center Ice Rink

Murray Indoor Ice Skating

Utah's Olympic Oval Ice Skating

Shop All Wasatch Front Real Estate Listings
Shop All Wasatch Front Real Estate Listings

For nearly twenty years buyers and sellers have trusted Kelly Hannah, Eightline’s Principal Broker, to handle their real estate needs with professional representation, personal care, and a commitment to excellence. Dedicated to helping his clients achieve their best result, Kelly reliably leverages his professional experience, local market insights, and community and business networks for his clients’ benefit.

What Eightline Clients are Saying about our services...

"I have purchased two homes using Kelly as my realtor each time. Kelly has a finger on the pulse of the market and the nuances of each neighborhood. He is easily reachable and is always available for a quick response to any questions or concerns you may have.

Personally Kelly is an easy, calm,  friendly person to be around and to work with. Unlike some realtors, he never pushes you to make a snap decision. I feel he's a good listener and never offers unsolicited advice. I would certainly recommend working with Kelly to anyone." 

Copyright © 2017 Eightline Real Estate, All rights reserved.

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