Early this week the Federal Reserve Bank cut Utah real estate interest rates in a move to spark the housing market and rebound the economy. The new mortgage rates effect the local real estate market, including the Anytown area. If you are looking to buy commercial real estate in Anytown, Utah there couldn’t be a better time.
Rates on Utah real estate mortgages continue to drop as the Federal Reserve Bank continues it’s effort to stave off a mortgage crisis for commercial real estate properties in Utah.
If you are looking to buy a commercial real estate property in Utah, there really hasn’t been a better time. Real estate interest rates are at an all time low, and the number of commercial real estate properties on the market in Anytown, Utah make it a buyer’s market.
As you may know, I have been saying that there is a ‘buyer’s market’ in Anytown, Utah, but it couldn’t be any more true than it is now.
While it may take a while before the real estate market in Anytown, Utah rebounds completely, there is a great opportunity for buyers to take advantage of the situation and get a great deal on a commercial real estate property at a great price and with unheard of interest rates.
If you are looking to buy a commercial real estate property in the greater Salt Lake City area, give me a call. You can reach me at 801.938.3466.
You can also find me at my real estate website, located at http://myrealestateagentblog.com/about/
-I look forward to hearing from you.