At the beginning of each year the Salt Lake Board of Realtors has a housing forecast for Salt Lake City County. This year the speaker was James Wood who is the director of the University of Utah's Bureau of Economic and Business Research.
So if you are wondering what this year will hold in Salt Lake County, James Wood predicted that homes sales would rise 15%. He also predicted that home prices would decrease 3% to 5% in 2012. He did predict the prices would fall the first half of the year while during the second half of the year home prices would stabilize.
Here is a link for the entire article. www.slrealtors.com/getpdf.php?2012_housing_forecast_report
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