Here are our projections for the 2022 Salt Lake County market.
We saw massive price appreciation last year: a 24% year-over-year increase, which is the largest we’ve ever seen in Salt Lake County. The question on everyone’s mind is when will this market burst. If you ask any economist, they’ll tell you that it isn’t happening. Let’s go over what we expect from this year and what you need to know for this market.
You can watch the report above, or you can skip to each section using the timestamps provided below:
0:00 — Introducing today’s topic
1:48 — The cost of waiting to buy
4:07 — Why waiting is a bad strategy
5:56 — The best time to buy this year
6:56 — The market will outpace you if you wait
7:40 — Wrapping up
I hope these projections helped you settle on your 2022 plans. If you have any questions about what we covered or real estate in general, feel free to call or email us. We’ll educate you so you can make the best decisions.