Logan currently leads the state of Utah in Real Estate Appreciation at 3.67%. That may not seem like a huge percentage but it is very strong for the down market the Nation is seeing. Meanwhile there are areas in CA that are seeing up to 34% DEPRECIATION. In Stockton, CA there 1 in 25 homes are in foreclosure compared to 1 in 226 in the state of Utah.
Cache Valley has only had 420 default notices out of 24,000 single family residences. The valley also has a lower average price per home than the rest of the state. Currently we are around $180,000 compared to $249,000 in Salt Lake County.
Logan is still a very affordable place to buy a home and, although down a little from last year, is still seeing good growth in home values.
If you need to search for any listings in Logan or surrounding areas, visit Logan Utah Real Estate
Great point. It'll be interesting to see if Logan Utah Real Estate can stay in the positive every quarter?