The Northern Utah area is experiencing a much healthier housing market overall

The Northern Utah area is experiencing a much healthier housing market overall, but the levels of demand and the amount of available inventory continue to be out of balance," said Steve Roney, CEO of Prudential Utah Real Estate covering the Salt Lake City and Park City, Utah, markets. "This is encouraging banks to accelerate their disposal of distressed inventory, which explains the increase of bank-owned home sales in our market."