The report did reveal the home appreciation value ranking for St George, Utah was 220. What this means is that there was a decline in home values in the St George area. The report actually lists it as a -0.14% change from the 2007 third quarter reported numbers and a total change of -1.91% for all of 2007. When compared to the appreciation values of other cities in Utah, the report lists Utah County home values having a 0.77% increase, with a 10.14% increase in the past year.

When looking at the posted five year appreciation numbers, St George home values have increased 77.85%, compared to Salt Lake City home values, which climbed 59.84% and Ogden’s reported five year home value appreciation of 41.95%. These numbers are all good, especially for those who own Southern Utah real estate and sold properties during the past five years. These numbers also bring hope to the real estate entrepreneurs who have the capital to start buying up properties while the market is on the decline.

In an effort to help jump start the declining St George, Utah housing market, the Federal Reserve recently lowered interest rates, opening greater access to money for lenders. This normally makes it easier to qualify for mortgage loans for St George, Utah real estate. And this is certainly the case, however, you may also have been hearing that big-name lenders are folding up and tightening their loan requirements.

It’s true; the mortgage loan market is experiencing turbulence and lenders are acting nervous. But don’t let this scare you; the truth is that banks are still making money on loans, and the St George, Utah economy is more stable than the nightly news people want you to believe.

Buying a new house in the St George, Utah real estate market is making a lot of sense right now because prices are good and there are plenty of choices. Smart real estate investors will look to this kind of opportunity to get the right house at the right price.

If you are interested in learning more about our local St George, Utah real estate market, give me a call. I am currently showing homes in the St George, Utah area, and would love to show you some of the great deals we have out there.

-Your Southern Utah REALTOR®

Find me at our real estate website at: http://www. 435agent.com

Selling your Hurricane, Utah home or property is an involved process that affects your family and your future so you’ll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale?

When you’re armed with the right information, and an experienced team, you’ll be closer to reaching your goal – selling your home fast, and for the highest price.

The key is maximum exposure and that’s what the SouthernUtahRealEstateNews.com Team does best. Contact us to find out more about our comprehensive marketing plan to get your Hurricane, Utah home SOLD!