There are new
and old homes alike in Orem. Many of the
major neighborhoods and developments have
names like Geneva Heights, Mountain View,
Westlake, Cherry Lane, Linclon Gardens,
Fairlawn Park, Parkwood Estates, Birchwood,
Beverly Place, Country Estates, Vale Manor,
Timpview Village, Rolling Hills, Beverly
Place, Heatheridge, Country Estates, Durfey
Acres, Green Thumb Area, Christeele Acres,
Rose Park, Westwood Acres, Sage Crest,
Glendell, Elmont, Rieske Subdivision,
Kingslynn, Edge View, Ruthetta Gardens,
Sunset Vista, Ribbonwood, Century Estates,
Sunray Park, Westlake, Paul Rawlings, Rocky
Manor, Executive Estates, Cliffs, Heritage
Homes, Cherapple, Willowsprings Estates,
Chelsea, Silverleaf Estates, Cove Estates,
Providence, Bretton Woods, Windsor Court,
Fairway Estates, Old Orchard, The
Berkshires,
Condos and Townhomes for Sale in Orem, Utah
Orem Condos for Sale - Orem
has a few luxury condos for sale. They
are found in Amiron, Canniery Cove,
Kingston, Willow Tree, Garden Park,
Orchard Creek, Weston Condos,
Stonebrook, Countryside Square, Granite
Village, Shadow Ridge, Park Avenue, Oak
Crest, North Point, Lake Ridge, Chase
Lane, East Abby, Lakecrest, Tanglewood
Estates, Eastview Condo, Condos offer several
advantages over single family homes.
Namely, they are substantially less
expensive per square foot, and they
include very little land. Home Owners
Insurance on condos is also cheaper than
single family homes as the exterior of
condos is usually covered by the monthly
home owners association (HOA) fee. View
Orem Utah Condos for Sale.
Search MLS Listings for
Orem Utah Condos for Sale
It is definitely a buyers market in
Orem. For the first half of 2011, 337 residential
properties listed on the MLS were sold. The average MLS
listing has been on the market for a hundred days.
Home prices may drop a little more as there are
many motivated sellers, short sales and bank
foreclosures in Orem. The bottom is difficult
to predict. Large real
estate discounts can especially be found on the high end,
land,
and spec homes as many properties are entering default
and are in danger of foreclosure and or short sale.
The majority of Orem homes for sale
are sold by Realtors and are listed on
the MLS.
Bank
Foreclosures and Short Sales are Gaining
Momentum in Orem
Eighty percent of the homes for sale in
Orem, UT are being sold as a short sale. Approximately another 15% are bank foreclosures. Some of the best bank foreclosures are the HUD homes, Fannie Mae, Freddie Mac. The unapproved short sales can take along time to get approved and are rarely worth the wait in most cases. Would you like to search bank foreclosures and short sales only in
Orem? The links below provide lists of only Short Sales and Bank Foreclosures
in the Orem area.
See Our Orem Utah Blog:
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