We are all feeling the affects of the local and national economy. How can you not, with all of the media attention focused around it, and when all of us know someone who has been laid off this year, or lost a home, or who is struggling to pay their bills.

Well, the good news is, and continues to be that the Logan Utah Real Estate market will fair better than all of the other areas in Utah, at least according to a recent report on HousingPredictor.com. Below is a small piece of their article, and you can find the entire article here.

Local Utah Housing Markets at a Glance
City                         Forecast

• Salt Lake City     − 8.6%
• Ogden                    − 10.9%
• Provo                    − 8.2%
• Logan                    − 3.8%

In Logan the housing downturn has been aided by government incentives in the lower price ranges, but an over-abundance of properties in the higher ranges is still bogging down the market. Since prices didn’t escalate at double-digit rates of inflation annually during the boom, Logan will sustain the downturn much better than other areas of the state. Home sales are projected to improve across all price ranges in 2010 in the Logan area, and are forecast to see less deflation than in the past at 3.8% for the year.

The hard hit economy has forced lawmakers to cut millions of dollars from the state budget, jeopardizing programs and municipal services. Until the financial crisis, Utah had one of the strongest economies in the nation.

In Provo the market has seen rising home and condo sales with government stimulus efforts. However, the financial crisis has taken a toll on Provo’s resort economy, which has some of the best white powder snow skiing in the country. Provo has gained a reputation for being a leading worldwide resort community, and the second home market has sustained a battering with rising foreclosures.

Weary bargain hunters are expected to make efforts to pick off deals as bankers slash prices on foreclosures to sell off the inventory. The sales will have a detrimental impact on the market, which is forecast to sustain 8.2% in deflation for the year.

So there you have it, Utah will fair better than most of the Nation, and Logan Utah specifically will be atop the list for the 2010 housing market.  If you’re still on the fence to buy your new Logan Utah home, it’s time to hop down and make that purchase and take advantage of the federal tax incentive.  I have relatives who are closing on their first home this week and will be getting $8,000.00 back to spend on whatever they would like.  So start searching for the perfect homes in Utah here.

We not only have more tools and resources to market your Logan property if you need to sell, but we also maintain the largest internet market share in Northern Utah.  We show your house on more websites, and in return, more buyers use us to shop for homes because it is us they find online.  Talk about killing two birds with one stone.  No one else puts more effort into being number one on the internet than Cornerstone Real Estate Professionals.  From blogs to email marketing, virtual home tours to complete sites focused around your home, no one does it better, and we have the stats to prove it.

Don’t believe me, go ahead, try if for yourself.  Open Google and search for “Logan Utah Real Estate“, or “Logan Home Search“, or “Homes In Logan Utah“.  All of those searches will result in a number one website placement for a Cornerstone site.  Why does this matter?  Because when you need to sell your home, or you need to find a home, we are there, # 1, every time.

We had the most sales in the month of November and continue to impress by leading Cache Valley in December.  If you need Real Estate Services, there really is no better place to go.  Contact me directly, or use our free Logan Utah Search tool and we will be able to help you with all of your Home Searching needs.

I have included some graphs below to show you the difference in sales over the past two years in Cache County Utah.   Take a look and get excited to find the home that is right for you.  You can use our free Logan Real Estate Search tool and find any home for sale with photos, detailed info, maps, street views and more.

If you want to build your home, well your in luck.  Land is also plentiful and prices are dropping.  Sellers are anxious to sell their property and very willing to negotiate terms.  Buy the Cache Valley Land you want and build your dream home anywhere in or around Logan Utah.