Looking forward at St. George, UT real estate in 2012 and it already looks like it’s headed in the right direction with a positive increase in home sales as well as an increase St. George UT Real Estate Marketin home values. In the last quarter of 2011, the St. George area saw a decrease in inventory levels of real estate in both Washington County and across the state of Utah.

In St. George, UT, the real estate inventory levels have shown a significant reduction with the rate of sales. A projection on sales and small price appreciation is expected even with the influx of new listings on the market. However, the unknown still involves how the local real estate market will respond with many new listings and how many distressed properties will come about in 2012. Right now, interest rates are still at an all time low. Therefore, now is a good time to buy St. George, UT real estate.

In the past two years we’ve seen decreases in real estate inventory, which typically predicts future sales. Finally, with inventory levels as they are now, it shows we are getting back to normal. This means it is also a good time to sell your St. George, UT real estate.

St. George, UT land is also affordable and may be a very good option for those who want to build their new home. There are builders in the area that can keep cost down in order to make it affordable for you. To get information on real estate or land, and AAA Recommended Builders, you can ask St. George Realtor® Erika Rogers.

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