Summary
Utah's housing market has plenty of supply and plenty of demand, but high prices are preventing transactions, according to Dave Mansell, president of the Utah Association of Realtors, who spoke to the Governor's Office of Economic Development Board on Friday.
The housing market was "moderate to good" in 2004 and 2005, he said. "We're back to those, instead of seeing the market swell in '06 that was really not sustainable."See the full content of this document
Extract
High Prices Hindering Home Sales in Utah
While 2007 fourth-quarter home sales were off 40 percent from a year earlier -- "that's a problem, ...
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