January 2022 Kanab Real Estate Roundup
Howdy, and happy February!
Here is your Kanab Real Estate Roundup for the first month of the new year.
Inventory remains low, and new construction is not keeping pace with the demand for housing, so we should expect to see home values continue to rise until the supply and demand evens out a bit.
As we all know, there are quite a few developments in the planning stages, but until they are completed, they won't alleviate the housing shortage.
Interest rates are starting to sneak up, but it's still a great time to buy or refinance before the rates hit 4%.
If you have any questions about the Kanab real estate market, I'm here to help!
Karen Heet, Owner/Broker
Love Realty Utah