Real Estate Roundup – March 2, 2018

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Start the conversation with this week’s news!

How to Score Real Estate Listings Using Google Plus
Jon Starwalt, Director of Technology at Better Homes and Gardens Real Estate Star Homes, shares advice on how to use social media platforms, with a focus on Google+, to gain new real estate listings.

With Shrinking Inventory, Housing Sales Struggle
The Greater Capital Association of REALTORS® recently reported that fewer homes on the market in January led to prices rising and sales falling. According to Better Homes and Gardens Real Estate Tech Valley broker Susan Sommers, prices are expected to rise throughout 2018 given the reduced inventory.

Housing Weakness Deepens Nationally as Pending Home Sales Drop 4.7 Percent in January, Hitting the Lowest Point in Nearly Four Years
Pending home sales, which measure signed contracts rather than closings, fell 4.7 percent from December to January, according to the National Association of REALTORS®. This marks the lowest point in nearly four years.

Salt Lake City Poised to Become America’s Next Hot Housing Market
Salt Lake City is rapidly on its way to becoming one of the nation’s hottest real estate markets. Realtor.com says Salt Lake City has seen home prices and sales rise by 4.5 percent and 4.6 percent, respectively. Experts note the city’s booming economy and the relative affordability of its housing market as drivers for the city’s economic growth.

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