>Salt Lake Board of Realtors in the News

>Real Estate Sales Up, Prices Not So Much

“Sales soar, prices skid,” was the headline in the Salt Lake Tribune’s Jan. 28 issue. The story featured the association’s quarterly Housing Market Report, which tracks home values and sales in nearly 100 ZIP codes across the Wasatch Front.

Sales of single-family homes were up 36 percent in the fourth quarter. “REALTORS point to lower prices, federal homebuying incentives worth as much as $8,000 and low mortgage rates as factors in the rising sales, a trend they expect to continue in 2010,” the story said.

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