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#2 reason for this Hot Market

Robert Embley

Our founder and Principal Broker. Licensed since 2010. Over 100 homes sold along the Wasatch Front...

Our founder and Principal Broker. Licensed since 2010. Over 100 homes sold along the Wasatch Front...

Oct 26 1 minutes read

Without a doubt, the #1 reason is the low inventory/ high demand environment. More specifically, low inventory. #2 is the primary driver for high demand...... boosted affordability. 


Most of us acquire our homes using a loan. This loan's interest rate has a huge impact on how much home you can afford. Historically low interest rates (sub 3%) make it so that you can afford 10% more home than they could a year ago. 


When I tell homeowners and potential buyers that affordability is unusually high I often encounter pushback. I created a slide deck to more effectively illustrate housing affordability:

Thinking of buying? 

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