| |
|
St.
George, Utah - Housing Info & MLS Stats |
People relocate to our area for various
reasons----it might be because of the excellent quality of life---or the
many breathtaking scenic areas---or the temperate climate----or the
healthy lifestyles---or the variety of beautiful golf courses---or our
outstanding school system----or the Dixie Sate College education
opportunities for all ages---or the growing business opportunities.
Whatever the reason or combination of reasons,
this is a great area in which to live an work. We invite you to join
us where the "summer sun spends the winters."
Housing in the St George and the nearby cities of
Santa Clara, Ivins, Washington and other communities of Washington County offer a variety of sizes and
styles to suit the demands of the most discriminating home buyer.
Presently, our local market is definitely a "BUYER'S MARKET."
There are many, many great deals out there now. Many experts feel
that the slow real estate market will continue into 2010 and then
continue its upward trend.
"The past few years in the Washington County residential real estate
market have been the most robust ever. Mild winters, scenic
landscapes and endless recreational opportunities are convincing
thousands of people to build homes in Southern Utah, giving Washington
County a #1 ranking out of 3,100 counties nationally in the percent
increase of new housing units. At 38.40%,
the St George area ranked #1 in home appreciation in the nation during
the first quarter of 2006 when compared to the same quarter a year
earlier, according to the U.S. Office of Federal Housing Enterprise
Oversight.
"The question on every homeowner or prospective homeowner's mind is
whether or not the real estate explosion will come back.
We know that it has definitely slowed.
In reality, a market adjustment began in mid 2006 that is continuing on
today. A slowdown locally caused by hyper-inflated prices and a
flood of homes on the market
makes things much more competitive and the "sellers" market which has
been the norm for years has now shifted to a "buyers" market.
The equalization in the market is a much needed adjustment as it begins
to right itself after years of unprecedented and unsustainable growth.
Conditional are now ideal for buyers. Interest rates are
comparable to 40 year lows, and inventories are higher than they have
been for decades.
In Washington
County 75% of the land is federally owned, 18% is privately owned,
and
5% are Trust Lands and 2% are labeled as "other." There will
always be lots of beautiful
land with wide open spaces here in Washington County.
Click
for CURRENT MONTHLY REAL ESTATE MARKET STATS
USE THE BACK ARROW TO RETURN TO THIS
SITE....
|
|
