I just read an article in the Deseret News about the increase in home sales in Utah. It was, finally, a positive article, representing the true market conditions. I have been so frustrated the last year how the headlines all read doom and gloom while the body of the articles reported positive conditions with statistics to support it. However, the general public must only read the headlines because the comments on these articles never cease to amaze me. I am just “shake my head” amused at the comments from so many about their views on the market conditions. I have written a post not too long ago on how the MLS is a database that has been collecting information on homes sold, homes expired, how many days on the market, etc. since it went online years ago.
“The MLS went online in 1994-1995. Since going online, it has become a very valuable tool for keeping track of statistics relating to the housing market. These statistics are used to analyze past trends and predict future possibilities. ”
The latest article had one commentor who insists that it is bad reporting,
“This is the kind of reporting that helped create and continues to perpetuate the bubble in Utah.
Try searching houses using the terms “appraised” or “appraisal” for all the houses being offered below appraisal. Search using the word “construction” to see the houses that “up to their necks in debt” builders are trying to unload. I read reporting from other areas of the country that reflect the true market conditions. Why can’t I find the same in Utah?”
How can reporting from other areas of the county have anything to do with our local market? There are areas of the country that are experiencing a downturn. These markets were experiencing phenomenal appreciation rates at phenomenal speeds. Yes! It is impossible for a market to sustain that kind of growth indefinitly. There are people in these markets that bought homes at high prices in hopes of turning them around in a few days at a profit. Many of them got caught when the prices finally topped out. However, our market never did see 200% appreciation rates. We saw a few areas in Utah where the appreciation rates reached into the 20’s for a short time but our local market is stabilizing already so I do not see how we are going to crash like the markets in Florida and Phoenix. Our topped-out market never matched the topped-out market in those areas so we cannot see the same results. There is no comparison.




December 16th, 2007 at 11:12 pm eI got my parents a heated blanket (new; $75 or so, with shipping off Ebay), because they live in a snowy, wintery area. They are both around 50.I got my parents a heated blanket (new; $75 or so, with shipping off Ebay), because they live in a snowy, wintery area. They are both around 50.
December 3rd, 2007 at 11:10 am eThis is a good idea. I am “gift idea challenged” too. I was doing a gift idea search and found this. I was sad to see there were no ideas listed yet. I need ideas for my husband. I am getting my daughter a nice watch.
December 3rd, 2007 at 4:53 pm eWow– this is a really clever idea. Too bad I haven’t bought any of my presents yet!
December 4th, 2007 at 9:29 am eI am getting my son a guitar. He is 14. My wife a Cricut? I don’t know what that is exactly but she wants one. I need ideas for my dad.
December 4th, 2007 at 2:15 pm eThis is a great idea. We get lots of gifts but I will include the top ones for my kids.For my daugthers (ages 9 & 11) we got them each an IPOD shuffle with their names engraved on them. The price was $80 each. It isn’t the top IPOD but perfect for this age I think.For my sons (Ages 6 & 4) they are getting hermit crabs. They have been BEGGING us to get them all year and we are going to get the habitat set up and 1 crab each.For my wife, well she might be getting a Janaury Mortgage payment the way things have been lately…
December 5th, 2007 at 10:49 am eI’d be happy to share everything I’ve found so far, but my whole family checks this blog. I considered a different alias, but my family members are probably clever enough to figure it out. Sorry.
December 6th, 2007 at 3:13 pm eI got my husband and IPOD so he can have his good tunes while working out. and I bought my daughter and IPOD docking unit with the alarm.
December 6th, 2007 at 3:53 pm eFinding the perfect gift is so hard! This year I gave up on trying to find the perfect thing and just went with simple.I bought my dad basketball shorts. He is in mid-forties. They cost about $20.00 and are possibly a lame gift, but he loves to hang around the house in comfortable clothes. I figure everyone can use a nice pair of basketball shorts.My sister is fifteen and is getting a sweatshirt and sugar scrub. Total of $20.00I went with a cheap gift for my mother, but it requires a bit more time. She always has envelopes hanging around the house because she wants to keep the return address. I bought a little address book and took the time to write down the names and addresses of her family and close friends. Total: $4.00 and a few hours for calling people.
December 6th, 2007 at 6:12 pm eWe didn’t know what to buy for our parents so my husband came up with what we thought was a good idea. We bought them 72 hr. kits from emergency essentials that are in backpacks and ready to go. they were approx 100.00 per person.
December 7th, 2007 at 12:03 am eWe’ve been doing a lot of homemade gifts the last few years. This year I am making 1″ notebooks filled with various Christmas stories, one for each day of December through the 25th. There is a divider before each story with a scripture listed along with the day. My mom loves this and keeps adding her own collection of stories. I also am making a family photo collage for our extended family. We make those calendars with the photos, through WalMart or Costco( everyone loves those!) and now we are making twin-size quilts with photos (using the fabric photo pages available at Joanne’s or Michaels). We use 8″ blocks with the photo squares, then tie the quilts. It is so much fun! Everyone gets involved with the tying, and they’re great for birthdays, weddings, going off to college. It took us 1 week to make a king-sized one for my daughter getting married in Feb. Of course we worked on it every night but it was a great family project.
December 7th, 2007 at 11:40 am eI am a truck driver I have two tools I find invaluable I would recomend them for those who are not on the road all the time I love my garmin GPS,it tells me how fast Im going,the time I’ll arrive and all kinds of neat info, The other thing I can never be without is my Sirius Radio I have many kinds of entertainment to listen to it never looses signal only in tunnels and bldgs ect. I really would like the Stilleto 2 it is a portable radio used like an mp3 and Walkman(very cool).
Merry Christmas
December 6th, 2007 at 2:54 pm Have a Safe Holiday Season!
December 6th, 2007 at 3:11 pm If my husband reads this, a high efficiency washer and dryer is an awesome gift for someone.
December 13th, 2007 at 4:57 pm eI am trying to go more personal this year as well as stay well under budget. I made some very cute stuffed animals. They only cost a few dollars (I found fabric for $1-$2 a yard) and a free pattern online. I also modified it to make an elephant. They are perfect for babies or young kids and were easy to make. I almost hate to give them away!http://weewonderfuls.typepad.com/wee_wonderfuls/store/pointykitty.html