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the-biggest-real-estate-flops-of-2009: Personal Finance News from Yahoo! Finance

December 15, 2009 Economy Update,Utah News 2 Comments

the-biggest-real-estate-flops-of-2009: Personal Finance News from Yahoo! Finance.

Well I had to laugh when I read this article. Just when you think you have it bad, the rich and famous are taking it even harder:) don’t feel bad for them? Yea either do I.. This makes me thing that the Utah Realestate market hasn’t been hit as hard as maybe some think??? Well the one thing I agree whole heartedly is that the luxury market has gone away. I am sure there are a few home here in the Utah Realestate realm that would fall under the ridiculous luxury this article talks about.. Maybe I should try and find a few so you all can see. I am sure I can find some up in Park City that would meet those terms..

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2 Comments to "the-biggest-real-estate-flops-of-2009: Personal Finance News from Yahoo! Finance"

  1. Jake Breen

    December 15, 2009

    Although the numbers are not the same the percentages ARE. The local Utah realestate market has been hit just as hard as some in the article; in luxury to the tune of 50%. There are MANY houses on the market now for a million that WERE listed last year for 2 million. LOTS/DIRT are even worse. There are lots in Herriman that were going for $300K in the boom that you can pick up from the bank for under $100K now. You just have to know where to look. On average though if you are getting a NICE house in east side SLC in a great neighborhood for UNDER $100k a foot you are getting a decent deal.

    Reply

    • utahcribs

      December 17, 2009

      Great Stats.. Love it..

      Reply

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