Kanab Real Estate Roundup, March 15th 2023

Watch the full Kanab real estate market update HERE on the Love Realty Utah YouTube channel!

Strange but crazy news - today's 30-year fixed rate average has tumbled down to 6%!  This is unexpected, but great news for the real estate market.

If you are a buyer, make sure you lock in your loan rate now, or have your mortgage lender keep an eye on rates to lock in the moment they change in your favor.  

If you are a seller, between low interest rates and low inventory, there is more demand and less competition right now.  Once the spring market gets into full swing, we typically see more homes come on the market as buyers are more apt to shop in nicer weather. 

Here in Kanab...

• New Listings This Week - 3
• Price Increases This Week - 4
• Under Contract This Week - 5
• Sold This Week - 3
• Total Inventory of Homes Available – 25

Curious about what’s on the market?? To see everything that is currently available in the Kanab real estate market, please visit us at: 

www.LoveKanab.com

We LOVE being your only team-based, independent, real estate brokerage in Kanab! We are always here for your real estate needs!