Home prices continue to climb in Utah

With a reduction in Utah real estate inventory, and more interested buyers entering the market, Utah and particularly the Salt Lake real estate market is seeing its second quarter of increases in median home prices.  There has been an 11% increase for the third quarter of 2012, as compared to the same period last year.

In addition, Utah's foreclosure activity dropped 60% in the third quarter, as compared to the same time last year.

Source: Salt Lake Tribune, October 25, 2012

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