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Show Tooele Tranxtrijrt, Thursday, October Housing Prices Expected To Level Off In Future The evcalating price of homes along the "Va- satch Front should begin to level off soon, going along with a predicted natimial trend, says a Provo stock broker and real estate investment expert. Joseph F. Ollivier said prices in the area hous- ing market have lieen "la- sically stable since the first of the year, escept in the IVt.tKIO to If),- 000 range." That price range, he said, is the one In which most families try- ing to buy their first home must sin ip. and the dc- mand for homes in that range has been steady. OUJVIER it a vice cent Utah Valley home president of Foster and slvow. Hit predictions ala art Marshall, a regional brok SeatItased real firm estate prices along in erage tie. as well as the owner the Wasatch Front agree of a real estate company, with the forecast of two Landmark Realty, and a I'CLA real estate esperts director of Bonneville who say housing prices Bank, lie had lieen teach- - are going to lw rising ing business and finance more slowly nationwide Real and selling a house is go- classes, including and ing to take more time, Fatale Principles Leo PROFESSORS Practices," on a part- time Iwsis for the School Creltler and Frank C. of I'CLA s of Management at Brig- - MitteDiach ham Young University dur- - Graduate School of Man- agement say In their new ing the past nine years. He also holds a gen- - bouk, "The Inflation of end contractor's license House Prices," that spe- and built one of the award- - eolation in homes by those lllbFIlfs Rgminglon may ples have relatives plus price range 70 to h0 per-cvloan with them or lend he says. sell, gain fnan appreciation of the buyers of them the down payment nut values is ih property homes could lie from so they can buy a house. very profitable these proving ami But of stale. high out prices I will and currently of of avera an slump in The price predictions off. is now around the economy may ware home age many of these young buy100.000, Ollivier notes. Present-dayoung cou-tle- s ers into waiting. If so, he saw. these looking for a home re often willing to com- couples will pmliahly remit high percentages of sort to renting longer or their disposable income shopping for a condoto mortgage payments, minium as an entry into and the fail that With the housing market. " wife are of"severe Only means fewer people will husliand and liais makes lie earners says, I shopping for homes in ten wage feasible than ble to cause an actual dethe Wasatch Front this this more prices. it med to lie, Ollivier crease in hous yrr; , The predicted slowdown explains- WIUIJ. wna MANY OF these cou in sales will simply mean homes in the !(). co-sig- star-lin- y reces-siiai,- that prices will nse more slowly, lie predicts that the slowdown will tally last "a! mm it a year or so." Imt Ite says that it is alfelt ami that appreciatioo in lire price cil litMising lots has "just Isc-ii- ready died, totally." GOOD hmtsitig buys might Im available in the fall, lie esplams, liecause tend to imrse most during the summer, ami sellers who base not wild their proertv during the siimmer imaiths mav In willing to cut the price to make it more desirable. s liargains can also Im fiMiml in the win II. I M79 3 it ing the politic a! art proseller to perty saioes. he esplams. make a In Miie look attrac-Us- e "Awarmess that real essolid, rapidly during winter nutti-ths- . tate is investment, ami fewer peojile appreciating a safe investment, has inare ImAmg " Midi of wliat hap creased has eiaitnWrt ini' in the tuNising Iieits the nsmg price of must l attributed to rd to lasaose sellers tin power of the media. IiroiM-rtInsane imtre aware media News stories of the salm of their hold lxanse ter. he sass, is harder for y recession or com- mg' lliere ate mi nmre ing hard times hase the ettecl of making laisers '(Inn ih farmers,' " lie com-me- t more caulimis, ami many its "Ml the 'dumb delav In m ne pun (uses miw kmtw rsactlv News wliat their land's worth, magastories, ml they know rmtogh In zine articles, ImkAs and caber scHines hase all tall a smart Bealtor ami conlnlMited to edmat- - get top dollar,' alsMit far-lite- SiMm-tiine- ScifOfjQ GOOSE & DUCK DECOY VALUES! 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