Buying a home can be SCARY…Until you know the FACTS
Some Highlights:
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:
- 71% of buyers who purchased homes have put down less than 20%.
- 78.1% of loan applications were approved last month.
- In September, the average credit score for approved loans was 737.
Is Utah Real Estate Finally Cooling Down?
Utah Real Estate prices remain high, but the pace of growth has clearly slowed in recent months. Median monthly mortgage payments in Utah have dropped, improving affordability for first-time homebuyers. Listings are up across Utah, giving buyers more options and...
Utah 2025: Buyers Gain From Balance
Rising listings in Salt Lake suburbs support choice and negotiation. Family-oriented neighborhoods showing long-term value potential.
Where are the most new homes being built in the U.S.? In Utah?
Utah ranks 4th nationally for new home builds, authorizing 18.6 new units per 1,000 existing homes in 2024. Despite a nearly 25% drop in new home authorizations since 2022, Utah's median home price remains high at $535,217. The Salt Lake City-Murray area ranked...
Utah ranks No. 4 for most new homes being built in the US
Utah ranks fourth in the U.S. for new home builds, authorizing 18.6 new units per 1,000 existing homes in 2024. Despite a nearly 25% drop in new home authorizations since 2022, Utah maintains one of the highest median home prices at $535,217. The Salt Lake City-Murray...
Global Vacation Rental Market Grows 5% CAGR by 2033
Global vacation rental market to grow from $92.61B in 2025 to $136.83B by 2033. 5% CAGR driven by tech, personalization, remote work trends, and flexible travel preferences.
The price has reduced for this Listing, check it out Listing Address: 614 W ANDERSON Murray, UT 84123
New Carpet! 4 Bedroom 2 Bath updated Murray home. Granite counters, multiple gathering spaces, hardwood floors, and a large yard. Conveniently located, close to freeway access, IMC, shopping, schools, and canyons.
2025-27 Real Estate: Prices Rise 3.5% Yearly, Building Slows
US home prices are forecast to ↑ 3.5% annually through 2027, the slowest since 2011. Tariffs are expected to reduce construction of budget homes, with 90% of analysts predicting fewer builds
Could a Rate Cut Free Housing’s ‘Stuck Pig’?
Despite Fed rate cuts, 2025’s housing market remains a “stuck pig,” trapped by affordability and structural issues. Median home prices remain 4.2x median income; price gains forecast between 0.6% and 6.1% for 2025.
Utah 2025: Boomtowns Adjust to New Normal
Salt Lake City prices likely to flatten or dip as post-pandemic migration slows. New builds and resale listings ease supply crunch seen in boom years.
Essential Steps to Take for Financial Success Before Buying a Home
Buying a home is a significant milestone that requires careful financial preparation. Before starting the process, assess your financial situation, pay down high-interest debt, and establish an emergency fund. Check your credit score and get pre-approved for a...
