In the News

FOX 13 News Anchor Interviews DeAnna Dipo

FOX 13 news anchor Hope Woodside on Dec. 22 interviewed DeAnna Dipo, President of the Salt Lake Board of REALTORS. Woodside declared that 2012 would prove to be a good year for those in the "real estate game."

You can watch the interview here.

A year ago Salt Lake County had a housing inventory of a nine-month supply. Today, that inventory has dropped to less than a seven-month supply. "A seven-month supply is a healthy market," Dipo said. "Typically, if you go below a six-month supply it turns into a sellers' market. Our inventory is really low in comparison to years in the past."

November was the sixth consecutive month of increasing home sales in Salt Lake County. Home sales in November were up 15 percent compared to the same month in November 2010.