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.
New Loan Limits Raised To Help Home Buyers in 2024
The year 2024 has begun with a bang, as the Federal Housing Administration (FHA) and conventional loan limits have increased. This means that potential homebuyers and refinancers now have even more opportunities to secure funding for their dream homes or make...
Experts Project Home Prices Will Rise over the Next 5 Years
Experts Project Home Prices Will Rise over the Next 5 Years Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent...
Wednesday Word | After-Repair Value
"Wednesday Word" After-Repair Value or ARV What Is After-Repair Value (ARV) In Real Estate? ARV is the estimated value of a property after completed renovations, not in its current condition. House flippers commonly use ARV as a way to gauge the worth of a...
