Concept of growth in sales of real estate

If you are looking to purchase a new home – for any reason – you may not want to wait much longer. Of course you might think we would be biased, but the Wall Street Journal and ABC News agree with us – new home sales are the strongest they have ever been in the last seven years. In fact, here at Aspen Summit we have sold 6 homes in just the past 45 days! With our unique location offering quick access to major employers as well as the Bonneville Shoreline Trail, Y Mountain, and so much more – it’s easy to see why. We have been overwhelmed by the excitement around our final phase release, and it looks like we will be sold out much sooner than expected.

New homes have also become a better value over the last year as used home prices have risen dramatically, and the amount of used homes available to purchase has dropped. When you combine the surge in prices with the lack of modern amenities, and energy efficient construction in most used homes, it becomes easy to see why new homes are so popular right now.

Existing Home Sales Data

When home sales increase at the rate we have seen, rising mortgage rates are often not far behind. Even a small increase in rates could mean you lose out on tens of thousands of dollars in buying power, or end up paying hundred more per month. If you’d like to schedule a private appointment in one of our communities to take advantage of today’s momentum before prices increase CLICK HERE or call us at (801)477.7384. We’d hate for you to miss this opportunity!