Utah Market Updates!
State Wide Active Listings have trended up 10% since last month.
- Salt Lake County Active Listings rose from 1909 active homes for sale in Salt Lake County to 2157 active homes for sale.
- Utah County Homes for sale – 1777 homes for sale in Utah County. As of May 30th inventory numbers have risen 11% from April. April was up 7% from March. Active inventories of homes for sale in Utah County are averaging 1777 homes for sale in Utah County
- Davis County Homes for sale – 548 Active for sale homes. As of June one inventories ares up 18% from the previous month of only 5%
- Wasatch County Home for Sale – As of June is 323 homes for sale. Up 14% from Last month.
Maximizing Returns: How to Refinance Your Investment Property
Buying a second home involves stricter mortgage rules and higher rates. Refinancing can optimize cash flow and change terms, rates, or release equity on rental properties. Conventional loans are required for cash-out refinancing on investment properties. Leveraging...
Salt Lake County property tax bills could see a slight drop this year
Salt Lake County's certified property tax rate decreased from 0.1297% to 0.1253% to adjust for inflation, keeping revenue stable without raising taxes. New growth added $3.76 million in revenue, though slightly below projections. Some residents will see different...
Rising Tariffs: Will Renters Face the Cost?
Apartment construction slowing down could lead landlords to raise rents due to limited supply. U.S. asking rents have stabilized, but tariffs may disrupt the rental market and drive prices up.
