Smithfield and Hyde Park Real Estate market tools:

Homes for Sale Smithfield UTAH

This web page is provided as a free source of real estate information for those who want to find all homes for sale in Smithfield Utah, available houses for sale in the Smithfield Hyde Park area. Good luck hunting, and let me know if you have any questions about Smithfield Homes for Sale. Utah Homes for Sale

The Real Estate and Mortgage market is changing. Nationally, there is housing slump, and the recent "Mortgage Meltdown" of subprime loans has caused that slump to worsen. The question is, "What will happen to the Logan Utah real estate market?"

Here are some facts:

Less people are now able to qualify for loans than just a few months ago. During August, I personally had two transactions where "pre-approved" buyers were unable to obtain home loans. A few months ago these deals probably would have closed. It is much harder for people with poor credit and hard to trace income to get mortgage loans. This has had some impact on us locally.

The housing market traditionally slows down in Cache Valley during the winter months. Over the past three years there has been an average of 96 (26%) more homes sold a year during the third quarter vs. the fourth quarter.