It’s March 2011 and multiple offers are happening in the Salt Lake City real estate market!

I haven’t been blogging much lately because I’ve been selling a lot of homes.  Today I have a personal statistic for you.

I’m representing a few sellers and a lot of buyers right now and since President’s Day weekend 2011, more than half of the offers I’ve written for clients or received for sellers have ended up in a multiple offer situation.

I’m guessing we are experiencing pent up demand. 

The federal tax credit for home buyers ended June 30, 2010.  After that there was a lag in demand for Salt Lake homes, then winter came, still slow, now possibly we are experiencing pent up demand.  We’ll see.

Thank you to everyone who has been keeping me busy selling Salt Lake City real estate!!!

Kevin Coyle
REALTOR Principal Broker MBA
SLC Homes
(801) 243-0699 Mobile


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