
The St George area holds quite an illustrious charm all its own. In courting buyers, all I have to do is take them on a drive out along Snow Canyon Parkway out to Tuacahn amphitheater where the red rocks are the backdrop for the entertainment and their hooked on the area.
Real estate demand has picked up some and inventory levels are lower now, having decreased some through the summer months of 2012. Going into the fall and winter of 2012, inventory levels have held. However, overall they are down and this is a much better climate for sellers.
Statistics have shown a reduction of inventory of homes available for sale- down from 8 months of inventory in July 2011 to 7 months of inventory in July 2012. The stats also show a significant reduction in homes receiving price reductions, and that they are selling faster. There is also a very significant decline in distressed sale inventory levels. All this may represent a steady, if but slow, picture of price appreciation.
It is my belief that it is not a matter of if we will continue to appreciate, as much a matter of, at what rate. The first half of 2012 we saw a 2% to 3% appreciation rate (some will say higher in the new construction arena). My guess is, that this is about what we will have seen for 2012.
Personally, I am just getting too many retirees calling (I am a retirement specialist) to want to possibly get in now while the getting is good, about 5 years prior to actual retirement. Also, I have lots of first time and regular home buyers showing increased interest since interest rates are at all time lows. When the rest of the country is still struggling St George is likely in recovery mode!
For background & historical information on our market visit our local real estate trends page.
Christoper Conabee, Managing Director of Corporate Recruitment and Business Services for Utah, recently visited St George, July 2012, and reported that business recruiting to the entire state has been phenomenal in comparison with the rest of the nation. He reported that the due diligence required by bigger companies, before settling to the area is significantly reduced by a precedence of former companies that have landed here in the very recent past. This bodes well for Utah’s future, to include the local area, inciting key companies that had relocated here.
Let's not forget the new St George Regional airport which many economic advisors have reported as being capable of giving the commercial sector and business a shot in the arm for our local area. Utah, in general, is already reported as one of the nation’s leading best places for business and economic growth.
You will find more current local news and community information on Brian's Real Estate Blog.
A certain segment of the St George real estate buyers are now relocating from Northern Utah. California and Las Vegas used to be about a fourth of our buyer influx, but now they come from all over.
With great neighborhoods in Saint George, Utah, the real estate values are holding their value. The area is know for its unique culture, tourism, friendly people, low taxes, safer neighborhoods, warmer weather, the allure of the high desert rock and the national park-like red landscape, and good family, school, and retirement resources. Many people comment on how the drier climate really does aid their health.
We have over 11 golf courses in the local area helping provide a greenbelt against the red landscape. It is apparent that the city is run well with developing infrastructure, noteworthy being the new St George Municipal airport which allows for larger commuter jets. All of these factors have already put St. George “on the map” for popular destinations for relocation, both on a personal level and for business. You can learn lots more about the area here at our St George Utah page.If you are thinking about relocating here, we provide a thorough guide for relocating to the area.
Hi, this is Brian and if you are thinking about selling think of "Field of Dreams". That's right! You know, the movie. If he builds it they will come, and come they did! We now get over 100 real estate buyers on our 'off' months and over 160 buyers a day on our 'on' months. Like bees to honey do they come AND your home becomes sticky as honey IF you list it with me, Brian Habel with Fidelty Real Estate. I put it here on this site and as a result your property gets sold in one fourth less time as other homes put onto the MLS. It's up to you, you can chance it with another 'who you know', but it will not be as glamorous as you think. If the consequence is to lose that one buyer that would have bought it with all the extra exposure you get here, that can mean a difference of another price reduction and a loss of potentially over $10,000 to you. Can you afford to take that risk? You can call me now if you like, my number is up by me up top.
Are you upside down on your home? I can help you explore options, that if faced early on, can really possibly help you avoid a foreclosure. I work with a short sale intermediary specialist that helps make for a dynamite duo of a team. We are reported to be one of the better teams, if not the best, amongst agents that work short sales. Give us a call at (435) 674-3600. At very least, we can help aid you in the exploratory process of finding out your options. For more details go to Selling a Short Sale.
St George has many second home owners, active adult and 55+ citizens. Thus, you may want to check out our St George Utah retirement communities.
Remember that when you are buying you pay no real estate commissions on any of the homes or MLS listings across all real estate companies 99% of the time and 100% of the time with me. It is perfectly free when you buy and double duty when you sell, as part of the arrangement of the properties being put onto the MLS. As part of the pattern on all MLS properties, the seller pays for your REALTOR® side of commissions. Click here to read my value proposition, how I separate myself from the pack.

Feel free to ask me a question. I am usually easy to get a hold of as well. Remember to experience our online MLS property search above. This site has lots of unique content about the area, so feel free to browse around. My name is Brian Habel and I have authored this site mainly because I really believe this is a special place- SoUtah! Secondly, I hope to win your business, whether to buy, sell or invest- I can help! Call me anytime for your real estate needs at (435) 674-3600.
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Update: Short Sales can possibly affect credit just as bad as a SS. Also, it is not always necessary to stop payments in order to initiate a short sale- consult with my short sale specialist; call (435) 674-3600.
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Brian has always been free to do any market analysis for you. Please call him at (435) 674-3600 any time, night or day, for your real estate needs.