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Utah housing market slowing down

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Taylor | 1:25 p.m. Aug. 28, 2007
There is definitely a lot of validity to the pricing argument. Utah is no longer a bargain and relative to the income levels it has become quite expensive. I still believe there is some overbuilding and even if prices dropped 10-20 percent builders would keep building at their current pace and demand is just not there regardless of the price. Utah will soon feel what the rest of the country already knows.
Bill | 9:39 p.m. Jan. 28, 2008

SL County 2007 Single Family Average Sales Price - 3rd Quarter

$310,567

SL County 2007 Single Family Average Sales Price - 4th Quarter $286,250

Source: WFRMLS XL Quarterly Comp Reports

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