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March 2021 Issue 01 STATE OF THE MARKET Oct The local market is seeing a steady pick up after the traditionally slower holiday and winter months It is still very much a Seller s Market with extremely low inventory numbers Nov Dec Jan Feb 0 50 100 NEW LISTINGS PER MONTH TRENDING NOW COLORFUL CABINETS While many people are still loving the white onwhite kitchens we re seeing more and more people take the plunge on colorful cabinets These emerald green cabinets are accented perfectly by the warm wood floors and beams and the kitchen still retains it s crisp and light modern look with the white tile backsplash and white upper cabinets 150 New listings are hitting the market daily and we anticipate the number of new listings will continue to grow as we head into the spring and summer months

THE SCOOP MULTIPLE OFFERS It s simple supply and demand for now demand is wildly outpacing supply Due to this most home listings are receiving numerous offers within the first 24 48 hours of being listed One of the most important jobs of a Realtor is to help their seller clients navigate the piles of offers to select not only the best price but also the offer with the highest probability of closing CACHE COUNTY HOUSING MARKET Data compiled from local MLS UtahRealEstate com under 200 000 Current Listings 200 000 250 000 250 000 300 000 New Listings 300 000 350 000 350 000 400 000 Pending Sales 400 000 500 000 500 000 750 000 Sold 0 50 100 150 over 750 000 I will forever believe that buying a home is a great investment Why Because you can t live in a stock certificate You can t live in a mutual fund OPRAH WINFREY March 2021 Issue 01

359 900 316 950 LOGAN TREMONTON 3 bed 2 bath new construction duplex 2 720 sq ft 295 000 PETERSBORO 449 000 building lot 11 81 acres 325 000 SMITHFIELD 6 bed 3 bath 3 374 sq ft BEAVERDAM building lot 20 86 acres March 2021 Issue 01