Southern Utah Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from Southern Utah market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 15, 2021

Holiday Season... Yay or Nay?

With Halloween in hindsight, the true holiday season is upon us. What does that mean for the Southern Utah community? I'm glad you asked! More traffic on the road, more people in the stores, and more stress added to your day! It would be an arrogant statement to say that us Southern Utahans are the only ones affected by this, but it is considerably noticeable in this smaller community. Not only are we going through massive growing pains from the flock of out of state residents moving in, but now that population is stimulated with the holiday season upon us. One thing to be incredibly grateful for (among many other things) is the fact that we don't receive snow fall. As a local of Southern Utah, I like to think of this geographic area as the four seasons. Not even an hour and a half north, you can find the hometown resort of Brian Head and catch all the snowfall your heart desires while you come back to St George to rest in cold, but snow-free climate. Spring is absolutely lovely as well as our very small window of fall. I don't have much words for summer other than hot and dry. What do you think about the holidays and everything that it comes with? Do the heightened levels of anxiety and mass traffic outweigh the feelings of joy and happiness on the actual days of celebration? You tell me! Either way, buckle up, use your blinker, and realize you're not the only one that feels this way. Cheers, and Happy Holidays from the Serrano Group!

-Seth Payton

Posted in Market Updates
Oct. 27, 2021

Is the Market Going to Crash?

More recently than ever, I have had many people hit me with, "I am going to wait for the market to crash." The hardest thing for me to tell these people is that it isn't anytime soon. It's not just me that thinks this. Many of the other supporting businesses in real estate like lenders and title companies think the same thing. The demand is completely different than what happened in 2008. There are so many government regulations that are being followed today to ensure that a crises like that never happens again. Waiting isn't necessarily the issue, though. There are great reasons to wait to purchase. For example, repairing credit, saving money, paying off debt, job changes etc. But a terrible reason to wait is for the market to crash. What are your thoughts? Do you think there's anything that I am missing that could indicate a crash in the near future?

-Seth Payton

Posted in Market Updates
Oct. 21, 2021

Desert Water

With how unpredictable these past couple of years have been, so many changes are happening, and they're happening very quickly. One of the biggest changes happening right now is the growth of the community. While we welcome incoming residence with open arms, there are many discussions that are happening about potential threats that this type of growth comes with. One of the biggest concerns is the our water supply. Being in such a serene environment around the red rocks and desert landscapes comes with considerate usage of water and being aware that water isn't infinite. There are many projects that our wonderful community are working on to mitigate the worry that is buzzing around. One of the biggest projects that is happening is the Lake Powell Pipeline project. While it's far from completion, it is one of the crucial projects that could help us. What are your thoughts? Do you have a solution that could help us?

-Seth Payton

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates