While overall real estate inventory is on the decline as the Winter Months begin, the number of short sale homes is up. Decreased home prices in Cache County are leading to more underwater homeowners, and more Logan Short Sales.
There are 828 residential homes for sale in Cache County right now. 51 (6.16%) of these homes are short sales. One interesting trend is that the number of short sales in Logan city itself has substantially risen. Logan has 21 short sales, up from 14 last month. The smaller cities in Cache Valley have 30 short sale listings, down from 35 last month.
via Logan Utah Real Estate Market Conditions: Short Sale Numbers Up in Logan.