25 August 2008

Tooele Homes For Sale- Still Not Short !!

Tooele Homes For Sale are still not showing up on the short lists. Thank goodness!!!

In spite of all of the negative publicity and doom and gloom media coverage, homes in Tooele's major areas, IE: Tooele City, Stansbury Park, Erda, and Grantsville UT don't seem to fall in line.

In recent weeks we have learned that Utah ranked 9th in housing foreclosures nationaly in the month of July. That was down 1 spot from the previous month where pundits were saying that 1 of every 422 home owners would lose their home.

Tonight you'll learn that while we can't comment on the other ares in the Beehive state, the numbers of homes for sale in Tooele are NOT heavily weighted with pre-foreclosures, Short Sales, HUD Homes or Bank Owned Houses.

In fact the opposite is true.

Here's what we found out when we checked the homes in Tooele County listed for sale on the MLS.

Tonight, 8/25/08  there were 615 homes for sale in Tooele County.
All but 4 of these homes were located in either Tooele City, Stansbury Park, Grantsville, or Erda.


Only 42 of these listed houses or condominiums was Bank Owned, foreclosed, a HUD Home or a Short Sale.

Those 42 houses or condos represent only 6.8% of all of the Tooele homes listed for sale on the MLS.

To be sure these numbers provided by the Wasatch Front Regional Multiple Listing Service, (MLS) are not totally complete as they don't include Homes For Sale By Owner (FSBOs) nor New Construction (new Homes). As we have discussed before, many FSBOs are not listed on the MLS, even though the eventual sale is negotiated by a local Realtor. The same is true with New Homes. Contractors that spend a lot of money attracting potential home buyers to the Model Homes want to make sure that they have their own representatives at the door to tell the story the way they want it told. (See having your own agent).

Even if the numbers were included for the sale of new homes and the FSBOs that are sold in Tooele, the results would change very little and our conclusion would change not at all..

To see a list of all 615 homes for sale in Tooele County stop by our website @ Tooele Homes and get pictures, maps, prices and most of the information local Realtors use when looking for property.

If you want to talk, give us a call @ 435-840-5029. We'll talk all night if you want, about Tooele Homes For Sale,- They're still not short.

 
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