Tooele Real Estate Short Sale Report
Real Estate in Tooele is similar to Real Estate in most parts of Utah. Homes for sale as short sales are making a real impact on the housing market. In many areas across the country, short sales make up as much as 25% of the housing inventory.
We are reporting here about homes that for whatever reason (mostly blamed on the sub-prime mortgage market) are facing foreclosure in Tooele. We also include Bank Owned Homes, REOs, HUD homes for sale, and foreclosures.
Short Sales make sense. Since the lender is willing to take less than what the home-owner owes on the house, a new home buyer should pay less than market value. Thats not always the case, but a good Realtor can make that a real priority.
Heres what we found out about short sales and Bank Owned Homes/Condominiums in Tooele Ut. as of 4/11/08.
Total Homes For Sale in Tooele: 252
Tooele Ut Short Sale Homes/Condos 12
Per Cent of Houses Listed: 5%
Short Sales Under Contract in Tooele: 5
Under Contract last 30 Days: 0
Short Sales Listed in Tooele last 30 Days: 6
The Real Estate market under the circumstances looks pretty good in Tooele. There are just enough short sales to attract Real Estate Investors but not enough to discourage any one relocating to Utah, and considering Tooele Utah.
To find out more about Short Sales, Bank Owned Homes and foreclosures stop by our website, Tooele Homes and get pictures, prices, addresses and information. It's FREE, and we update daily.
If you'd like to call us at 435-840-5029 we'd love to talk to you about Real Estate, Tooele homes for sale and our short sale report.