Big news just dropped from Zillow—U.S. home prices are now forecasted to rise by 1.2% over the next 12 months. That’s a slight bump up from earlier, more cautious projections, and it’s a sign the real estate market may be stabilizing after a year of uncertainty.

Table of Contents

• What Does This Mean for You?

• Utah Update

• Why This Matters

• Let’s Connect!

What Does This Mean for You?

• For Sellers: The pace has slowed, but prices are no longer expected to fall. Homes are sitting on the market a bit longer, so pricing strategy and preparation are more important than ever. More inventory means increased competition. It’s more important than ever to position your property strategically in front of the right buyers and make your listing stands out!

• For Buyers: There’s a growing window of opportunity. More inventory is available and homes are taking longer to sell—giving buyers a chance to negotiate and compare options. The market is considered “balanced” nationally, so both buyers and sellers have leverage depending on their local market. If you’ve been waiting for the right moment to buy, this is my warning: This will not last forever. Each market shift acts like a pendulum. We saw the market shift significantly towards a buyer’s market this year. Even thought inventory levels are still elevated for now, there are early signs of the market recovering and swinging back to a more balanced market. Smart buyers are shopping now while they can get the best deals.

Utah Update

In Utah, inventory levels are still rising. However, prices remain steady thanks to strong local demand and economic growth. If you’ve been on the fence about making a move, now is a great time to explore your options.

Why This Matters

More options and better negotiating power mean it’s an ideal time to run the numbers and see what the market holds for you—whether you’re considering selling, buying, or simply curious about your home’s current value.

Let’s Connect!

Wondering how these trends affect your situation? Just reply to this email with “value” and I’ll send you a complimentary home value report. Or, let’s set up a quick call to discuss your goals and the best strategies for this balanced market.

Here to serve,

P.S. Market conditions can change quickly. If you've been waiting for the "right time" to make a move, let's talk about whether that time might be now.