Is right now the best time to buy a house in St George Utah? Should you buy now or wait for better deals and rates? You’re not alone if you’ve been on the sidelines waiting for the perfect moment to buy a home. Sure, interest rates and home prices remain high, but there’s a silver lining. Watch the FULL video to hear our take on the current housing market and whether now is the best time to buy a house or wait.
KEY HIGHLIGHTS:
✅ Market Trends: The Southern Utah housing market is at a unique crossroads. With rising interest rates and home prices, many sellers are more motivated than ever. Homes are staying on the market longer, which could mean room for negotiation, rate buy-downs, and even getting your closing costs covered.
✅ Lower Home Prices: We talk about how home prices have adjusted, with single-family homes that were once in the mid-$600,000s now available in the $500,000 range. This shift provides a rare chance to buy a home at a lower price point than before.
✅ Days on Market: Homes in Southern Utah are averaging around 63 days on the market. This longer time on the market gives buyers more leverage, especially if they are willing to make an offer on a well-priced home.
✅ New Construction vs. Resale Homes: We also talk about the pros and cons of buying new construction versus resale homes in areas like Mountain View Estates in Hurricane.
✅ Exploring Ideal Locations: Discover the perks of living in neighborhoods like Mountain View Estates, which offer central locations near gyms, grocery stores, golf courses, sand dunes, and even Zion National Park.
✅ Custom Home Building Considerations: If you’re considering building a custom home, we explain the risks and rewards, including construction timelines and fluctuating interest rates. We provide insights on whether this is the right route for you based on your financial situation and future plans.
✅ Property Tours: We’ll take you on a virtual tour of two featured properties in Mountain View Estates, both offering incredible value with premium finishes, three-car garages, and private backyards. Learn what sets these homes apart from other options in St. George.
Want to know more about these homes? Click here: ⬇️
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If you’re considering moving to Southern Utah or looking for the perfect new construction or resale home, this video is packed with valuable insights to help guide your decision. If you have any questions about buying, selling, or anything related to #StGeorgeUtahRealEstate, feel free to contact me. Like this content? Hit the LIKE and SUBSCRIBE buttons for more!
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🔵Equity Real Estate
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Michon Rastopchin, Realtor
🔵Equity Real Estate
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