Tips for Finding Bargain Houses in 2025
Start house hunting in January to benefit from lower prices and reduced buyer competition.
Hire a local Real Estate agent with expertise in undervalued properties and market trends.
Start house hunting in January to benefit from lower prices and reduced buyer competition.
Hire a local Real Estate agent with expertise in undervalued properties and market trends.
A Utah bill requiring landlords to provide two months' notice before raising rent has been halted for the third consecutive year. The House Business, Labor, and Commerce Committee rejected HB182, which aimed to give tenants more security. The Utah Rental Housing Association opposed the bill, anticipating it wouldn't pass in its current form. Current law allows rent increases during lease terms with varying notice periods based on lease agreements. Advocates are encouraged to contact lawmakers for future negotiations.
A new housing trend in Utah is emerging, offering affordable options amid skyrocketing home prices, with the median list price in Salt Lake City at $550,000. Local employers are struggling to find workers due to high property costs. Homebuilder BoxHouse in St. George is addressing this by creating "compact houses" ranging from 380 to 500 square feet, which can be assembled quickly on-site. The co-founder aims to promote homeownership and provide affordable starter homes, distancing from the negative perceptions of tiny homes.
Consult a REALTOR®: A local agent helps price your home correctly and attract potential buyers.
Complete Repairs: Fix any outstanding issues, like leaky faucets or worn-out flooring, for a polished look.
Specify mortgage details, interest rates, and loan types to avoid issues with earnest money deposits.
Want seller assistance with closing costs?
You must ask for it in your offer!
Dwelling and personal property coverage repair your home and replace belongings, subject to policy limits and deductibles.
Hurricane deductibles differ:
Typically 1–5% of dwelling coverage, significantly impacting your out-of-pocket costs.