Is it a good time to buy or sell??? The answer may surprise you a little bit. I personally think it is a good time to buy and to sell. Fox 13 News reported, " The inventory of homes for sale in Salt Lake County in February fell to 5,161 units, down 30 percent from 7,418 units in February 2011." There is now a 5.2 month supply of homes on the market and a 5 to 6 month supply is considered a normal market.
So the market has definitely picked up and I have seen 6 or so multiple offer situations on homes in the past 3 weeks alone. At the same time there are still some really good deals out there and interest rates are still at an all time low!
