Smart to Start Now - Utah Market?
2 Replies
Nicolle Rowley
posted 6 days ago
Hello friends! First time here. Just learned about the podcast yesterday. Good stuff! Thanks!
I've been studying and planning to start real estate investing for several months now. My biggest fear, however, is the HOT Utah housing market. Doesn't seem like a smart time to buy. Is it just my fears taking over or is it a real concern? Anyone from Utah out there...?
Nik Krohn
Investor from Woodland Hills, Utah
replied 6 days ago
@Nicolle Rowley welcome to BP. The podcast is a must.
Utah is still a really great market and the appriciation is better than most markets. I think it's still buying time. In 10 years these prices will look cheap.
Buy now, buy tomorrow and buy the day after. Doesn't matter when so long as you continually buy
Dale Desmond
Property Manager from St. George, UT
replied 5 days ago
Hey @Nicolle Rowley in ST. George, it's hotter (real estate, not summertime yet) than ever. We're seeing rents trending up to keep pace with mortgages. So we're seeing the gap closing.