Pakhi Misra, SLC Realtor

11/27/2025

12/31/2024

Good Things Do Happen Everyday 😊

12/25/2024

When the magic of Holidays fills the air, we hope you find it everywhere.
And we sure hope your smiles end up being bigger than your worries .

May you be showered with unimaginable peace and fulfillment, remembering there is nothing more important than love/ caring and service.

Happy Holidays
🎄✨️

12/17/2024

Patience is the key 🔑

Three real estate pros discuss how they calm clients’ emotions during what is likely the biggest purchase of their lives.

08/09/2024

Here are the statistics for July 2024.

The average days on Market: 31
Median Price per Sqft: $231.28
Homes Sold:3,309 (up 5.2% from last year)
Single Family Homes Sold: 2,428
Multi-Family Homes: 881
Listings Entered this Month: 4,960
Median Sold Price Single Family: $578,000 (up 4.2% from last July)
Median Sold Price Multi-Family: $407,000 (up 4.8% from last July)

06/16/2024

The state of mortgage rates depends on which state you’re in. The states with the highest rates? Vermont, Michigan and Delaware.

And the lowest? Hawaii, North Dakota and Nevada. So what would bring mortgage rates back in the realm of 2-3%, like we saw during the pandemic? Something bad. Very, very bad. “Unless there’s some catastrophic economic event for the broader economy, we wouldn’t expect to see mortgage rates back at 3% in our lifetimes.” https://www.realestatenews.com/2024/06/11/the-state-of-mortgage-rates-depends-on-which-state-youre-in?utm_source=Real+Estate+News&utm_campaign=e894b1d3d8-EMAIL_CAMPAIGN_2024_06_15_04_00&utm_medium=email&utm_term=0_02c652b510-e894b1d3d8-%5BLIST_EMAIL_ID%5D

03/05/2024

January Housing Outlook

Home sales in Salt Lake County experienced a notable increase in January, signaling a potential turnaround for the market after a challenging 18-month period characterized by declining sales, attributed largely to rising mortgage interest rates. The month saw a total of 697 homes (encompassing all housing types) being sold, marking a 16% rise from the 603 sales recorded in January 2023. Specifically, sales of single-family homes rose by 12% to 478 units, while multi-family home sales surged by 28% to 204 units, compared to the same period last year. The 2024 Salt Lake Housing Forecast, prepared by the Salt Lake Board of Realtors®, projects that residential sales within the county will escalate to approximately 13,000 transactions in 2024. This represents a significant 16% increase from the estimated 11,200 homes sold in 2023, suggesting a recovery and growth phase for the local real estate market.


02/29/2024

Jan Market Stats!!!

02/13/2024

The Housing Forecast Report from the Salt Lake Board of Realtors® predicts a recovery in home buying for 2024, driven by declining mortgage interest rates and a surge in active listings. Home sales are expected to see a significant uptick of 16%, totaling approximately 13,000 units, a marked improvement from the previous year’s 12-year low of 11,195 homes. The median sales price across all home types is forecasted to rise by 3%, reaching $530,500, compared to $515,000 in 2023. Specifically, the price for a single-family home is anticipated to climb to $600,000, an increase of 2.4%. Meanwhile, townhomes, condominiums, and twin homes are projected to experience a 5% rise in their median sales price, hitting $436,000. By year-end, mortgage rates are expected to stabilize at around 6%.

02/07/2024

Happened yet again!!!!