Kanab Real Estate Round Up Weekly: Exciting Times with Balloons and Tunes Festival!
Hey there! It's Karen Heet from Love Realty Utah, bringing you the freshest news from Kanab's real estate scene. As we bid farewell to January, our town is buzzing with anticipation for the Balloons and Tunes Festival, marking the onset of our vibrant spring market.
This Week’s Market Pulse:
The last week of January has been a mix of calm and activity. While new home listings have slowed down just a tad, the market's heartbeat is strong with price adjustments and contracts showing a healthy movement. For land enthusiasts, the scene is lively with new listings, sales, and price changes.
A Closer Look at Mortgage Rates:
Mortgage rates have nudged up slightly from 6.66% to 6.69%. Remember last October's peak at 7.79%? Comparing that with today’s rate paints a brighter picture for buyers. For instance, on a $400,000 home, you could be looking at a $300 monthly saving. Now that's significant!
Upcoming Event: Balloons and Tunes Festival:
As February 16-18 approaches, don’t miss out on the colorful skies and melodies at the Balloons and Tunes Festival. It's not just an event; it's a kickoff to our lively spring real estate market.
Whether you’re eyeing a cozy home or a spacious plot of land, now is a fantastic time to explore Kanab's real estate offerings. Let's connect and find your perfect match in this beautiful town. Remember, Love Realty Utah is here to be your guide and ally in all things real estate!