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Trela Bird Realtor - Urban Utah Homes & Estates
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Salt Lake Real Estate Services for home buyers and sellers. Search for Salt Lake Homes, find information on home prices and lots more.
Salt Lake Real Estate Services for home buyers and sellers. Search for Salt Lake Homes, find information on home prices and lots more.

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Search Salt Lake homes for sale listings using our maps based search.
#saltlakehomes #saltlakehomesforsale
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Rocky Mountain Power Rooftop Solar Rates
Rocky Mountain Power has released a doc explaining the new rates and terms for rooftop solar customers.

If the idea behind this new set of rates/rules was to take a relatively simple structure and make it as complicated as possible, then well done, you have accomplished your task.

There are now 3 sets of rules and rates, the old one, a transition one and a future one (where they have not even defined the excess energy rates yet).
#solarpower #rockymountainpower
https://rooftopsolar.utah.gov/
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Roy Investor Special
Here is my new listing in Roy. It's an investor special where the client wants to rent the property back until the middle of next year. It's a 2 bedroom property priced at $200,000 with the potential to have a mother-in-law apartment in the basement.
#royut #investmentproperty
https://www.bestsaltlakehomes.com/homes-for-sale/roy-5251-s-2200-w/roy-bungalow.htm
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Salt Lake County Home Prices Hit New Highs
2nd quarter home sales prices continued to climb in Salt Lake County. The median sales price for a home set a new record of $320,000. Single-family home median sales price was $358,000 up 8.48%, and condo median sales price was $209,633 up 11.51%.

#homeprices #saltlakecounty

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It seems like not all real estate markets are hot. The Manhatten condo market is taking a hit with the average sales price declining from 2.2 million to 2.1 million on the back of declining sales. This is apparently down to a flood of new condos coming on the market, the new tax laws and a decline in overseas investors. I just wish someone would build some more condos in SLC where all we are seeing is new apartments. #condos #condorealestate
https://www.cnbc.com/video/2018/07/03/manhattan-real-estate-continues-to-slide.html?play=1
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The Metro Condo for Sale
My new condo listing in the downtown SLC The Metro development. This one bedroom unit features great city views from the balcony and community amenities include secured entry, secured parking, a club room, terrace with BBQ, hot tub, and gym.
#slccondo #themetroslc
https://www.bestsaltlakehomes.com/homes-for-sale/slc-350s-200e-517/the-metro-condo.htm
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Utah Housing Units vs Household Growth
I was recently reading a report by the David Eccles School of Business on the impact of rising housing costs in Utah and came across the attached charts.

Housing prices are basically the result of supply and demand. If there are more people than houses then given a good economy the prices will increase. The attached two graphs are taken from the report and show just how far short new home construction is behind household growth.

#utahhousing #utahhomeprices
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5/25/18
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What is the Housing Absorption Rate and what is it used for?
One of the best ways of determining the state of the real estate market is by looking at the Absorption Rate. This tells us the rate at which the real estate market absorbs the housing inventory and helps us determine if we are in a buyer’s market or a seller’s market. Here is an article explaining how the calculation works.
#housingabsorptionrate #housingmarket
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West Jordan Home for Sale
My new West Jordan home for sale listing located in the Three Forks subdivision. This 2-story home is situated on a corner lot, features 4 bedrooms, 2.5 bathrooms, and is packed with upgrades.
#westjordan #homeforsale
https://www.bestsaltlakehomes.com/homes-for-sale/wj-8483s-crowsnest-dr/west-jordan-three-forks-home.htm
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Salt Lake County Home Prices Set New Records

1st quarter home prices are out and both single-family homes and condos saw record median sales prices in Salt Lake County.

Here are the highlights from the quarter:

Median sales price across all home types topped $300,000 for the first time ($303,950).

Single-family median sales price set a new high at $344,840.

Condo median sales price set a new high at $205,780, breaking the $200,000 level for the first time.

#saltlakehomeprices #saltlakecounty
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