Dave Mansell of Mansell and Associates, a Salt Lake real estate company, is optimistic about the housing market after learning that housing closings completed by his company in the third quarter of 1988 increased 64.1 percent over the same period a year ago.
He said Mansell and Associates also had a 62.4 percent increase in the number of transactions closed in the third period. So far this year, agents in six Mansell offices increased their number of transactions 74.4 percent over 1987."There is definitely a shift in the market," said Mansell. "The decreased number of listings is indicating a stabilization of the market and the pricing of homes. We are very optimistic about this gradual upswing."
Mansell also announced that excellence in closing volume awards have been presented to Paula Whitman, Tooele office; Mary Hurlburt, Ogden office; Vicki Hansen, Benchmark office; Mark Hornberger, Orem office; and Dave Bennion, Union Park office.