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.
Utah rent increase proposal fails for third year in a row
A bill in Utah aimed at requiring landlords to provide 60 days' notice for rent increases was rejected for the third consecutive year, with a tied vote in the House Business, Labor, and Commerce Committee. Supporters argued it would benefit renters, but the...
Happy Presidents’ Day
Presidents' Day celebrates all past and present U.S. presidents. It reflects on the nation's founding principles and values, including the Constitution and union. Reading of Washington's Farewell Address by a U.S. senator remains an annual event for...
Utahns agree housing is a problem. What they don’t agree on is why
A recent survey by Envision Utah reveals that over two-thirds of Utah residents believe the state faces serious housing issues, yet many are unclear about the causes. Key factors identified include rising interest rates, construction costs, and an influx of new...