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.
Trump’s Economic Policies Impacting Housing
Mortgage rates may stay elevated at 6-7% due to inflation and monetary policy. Proposed tax changes could boost homeownership through mortgage deductions and capital gains adjustments.
Utah legislators reject ‘preemption,’ stop two housing bills intended to permit smaller homes
Utah lawmakers are struggling to tackle the state's housing affordability crisis, as recent bills promoting smaller housing types have stalled. HB88 and HB90, which proposed mandatory accessory dwelling units and smaller lot sizes, faced local government...
Happy Mardi Gras
