My man on the streets view, of how short sale relate to purchasers in Salt Lake, is they are prices way below the average price per square foot (PSQFT) the PSQFT for short sale range $55 to $75. Where the median listed PSQFT in Salt Lake County in June was $97. See why the buyer only sees those homes as the homes for sale. They are the desirable good buy bang for the buck homes. So buyers rule mentally out the $100 + PSQFT and look at the lower priced higher bang for the buck, short sales and they become the Real homes for sale in their mind. Since buyers will only look at 20 or less homes before they make there mind up and make offers, the best homes become the homes for sale. [...]

Recent Comments