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Office Location Ronald Ogden, Principal Broker
Dwell Utah Real Estate
99 North Foxhill Road
North Salt Lake, Utah 84054
Phone: (801) 891-1472
Fax: (801) 298-1512

March 2009

There are 14 blog entries for March 2009.

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Has Your Home's Value Really Gone Down?

Wednesday, March 25th, 2009 at 11:20pm. 147 Views, 0 Comments.

With so much media coverage of the downward spiral of the housing market, it is easy to draw the conclusion that your home’s value in the last year has also taken a heavy hit. But that may not necessarily be the case.

Problems with Case-Schiller

The Case-Schiller housing index, one of the most widely watched measures of home value trends, reports US housing prices have decreased approximately 20% annually for the past two years, based on the 20 metropolitan areas the measure tracks. But Salt Lake City is not one of those areas. Further, Case-Shiller, like most other housing-price measures, compares the prices of homes selling today with the prices of homes that sold last quarter or last year. In today's market, maybe that comparison isn't the most accurate.…


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