09/23/2026
Howdy folks! 🤠 Are you a buyer in Utah, you’ve been waiting to see something that’s just worth the price tag and then the Fed raised the rate on you just when you were about to pounce!? Well while that’s true the Fed did raise the rate and ideally you just got approved for a little bit less… BUT GUYS don’t let these price tags or these higher rates scare you bc guess what!?
We have officially shifted back to a buyers market! And there is no better time to pounce than RIGHT NOW! we have more inventory than we’ve had since 2020 and listings are just sitting longer and longer days on market. RIGHT NOW you have all the negotiating power, especially when paired with an agent who know Ld what he’s doing 😉…for things like rate buy-downs…closing costs… lower price, or repairs…yes please! Plus rumor has it that they will lower the rate back down again next year, they are just trying to control inflation, and so if/when that happens, you can always refinance, but why not go score a good deal RIGHT NOW while all the other buyers just took a step back to reevaluate? And while there is sitting inventory just begging for a little attention…!?
Wondering why your home isn’t selling in this market!? Now you have an idea! If you’re trying to sell a home in UT right now my advice to you is to get ahead of this and to out price your competition, instead of chasing the market down.
Find my full Murray market update from this week & follow along as I highlight opportunities for both buyers & sellers on a weekly basis, LINK is on my profile 👉 Paul Montgomery | Murray, Utah Realtor | KW Utah Realtors