What Tres and Brian Use

Why Buying Now Beats Waiting (Utah Edition) By The Miller Brothers — specialists in Salt Lake County & Utah County Headlines are noisy. Math is quiet. Right now the math in many neighborhoods—especially across Salt Lake County and Utah County—favors decisive buyers: rates have edged down, inventory’s up, and sellers are negotiating again. That combo doesn’t last forever. The market signals (the stuff that actually moves payments) Rates dipped to their 2025 low (30-yr avg ~6.58% as of Aug 14). Payments fall when rates fall—common sense wins. Freddie Mac The Wall Street Journal Inventory is higher, giving you more choice and leverage. July listings were +24.8% YoY and topped 1.1M for a third month. Realtor Sellers are paying up: ~44% of U.S. transactions included concessions (rate buydowns/closing costs/repairs). That’s real money off your bottom line. Redfin Real Estate News Price-cut pressure is real as supply builds; reductions are running above typical seasonal patterns. blog.altosresearch.com +1 MBS Highway’s Housing Index shows softened buyer activity—translation: more bargaining power for you. highway.ai Local pulse: Salt Lake & Utah County Salt Lake area is seeing a wider list-to-sale price gap—another clue sellers are negotiating. Deseret News Utah County: more days on market and steady sales—conditions where credits and price cuts are on the table. Redfin Why “buy now” pencils out You can negotiate today’s deal—price and credits—then refi later if rates drop. Wait for “perfect,” and you risk losing credits, facing tighter inventory, or bumping into higher competition. In other words: you can’t refinance the house you didn’t buy. (We monitor PMMS and bond moves daily so you don’t have to.) Freddie Mac Smart play (our Utah game plan) Full underwriting > pre-whatevers to make your offer the easy “yes.” Use seller credits for a permanent buydown or structured 2-1 buydown to sculpt your payment. Redfin Real Estate News Target DOM & price-cut listings—they’re neon signs for negotiability. blog.altosresearch.com Bottom line Is every block a textbook buyer’s market? No. But rates off the peak + more inventory + record-near concessions = a rare window to buy strategically in Salt Lake County and Utah County. Windows close. Houses sell. Payments calc the same on closing day whether you hesitated or not. Call to action (Utah-specific) Let’s run your Cost-of-Waiting for your exact price range and zip code, then craft a negotiation plan (credits, buydown, inspection leverage). Start here: https://web.jmj.me/TresAMiller.html One question for you: Which of these top three buyer questions do you want answered first? How do I get the lowest possible monthly payment (today), without overpaying for the house? How much cash do I actually need at closing, and where can we legally lower it? How do I win the home against other offers without bidding against myself? Sources (live links) Freddie Mac PMMS – https://www.freddiemac.com/pmms WSJ on 2025-low rates – https://www.wsj.com/economy/housing/mortgage-rates-slip-to-lowest-level-of-2025-7c1be5d2 Realtor.com July 2025 inventory – https://www.realtor.com/research/july-2025-data/ Redfin seller concessions (Q1 2025) – https://investors.redfin.com/news-events/press-releases/detail/1316/44-of-home-sellers-are-giving-concessions-to-buyersjust Altos price reductions – https://blog.altosresearch.com/2025-could-be-the-last-year-of-inventory-shortage MBS Highway Housing Index – https://www.highway.ai/mbs-highway-housing-index Deseret News (SLC list vs sale gap) – https://www.deseret.com/utah/2025/04/30/widening-gap-between-home-listing-and-sale-prices-highest-since-pandemic/ Utah County trends – https://www.redfin.com/county/2918/UT/Utah-County/housing-market Miller Brothers (JMJ) – https://web.jmj.me/TresAMiller.html