A comprehensive analysis of housing permits in Utah shows significant changes in residential development over the past 30 years. Approximately 416,000 new residential units have been built, with two-thirds located in Salt Lake, Davis, Utah, and Weber Counties....

Investing in real estate can be lucrative, even for those with limited funds. Buying a multifamily property with no money down offers income potential, lower risk, and potential for appreciation. Benefits include cash flow, building equity, tax advantages, and...

Nebraska, Utah, Texas, and several other states are suing the federal government over energy efficiency standards they claim increase the cost of affordable housing. The lawsuit targets the Energy Efficiency Standards section of the Cranston-Gonzalez Act, arguing it...

In 2024, the office sector saw significant changes with high vacancy rates and minimal increases in office utilization. Nationally, office space under construction decreased to 57.8 million square feet, down by 39 million from 2023. In the Western U.S., the office...

The 28/36 rule is a guideline for determining how much house you can afford. It states that your total housing costs should not exceed 28% of your gross income, and your total debt should not exceed 36%. This rule helps ensure that you don't take on too much...

Colorado Gov. Jared Polis and other Western governors are exploring the use of federal lands to address the affordable housing crisis in the region. In Nevada, officials are leveraging a federal law to acquire land for development at reduced prices, while...

A report reveals that Utah has one of the highest rates of household debt growth in the U.S., with residents adding over $1 billion in debt between the second and third quarters of 2024. The average household increased its debt by more than $1,000, ranking just behind...

The average rate on a 30-year mortgage has decreased to 6.60%. In Utah, the median home price is $595,000, requiring a 20% down payment of $119,000, resulting in a monthly payment of $3,040. With a 10% down payment, the upfront cost is $59,500, leading to a monthly...

Selling a damaged house can still be profitable if you follow certain strategies. Start by staging the property to highlight its best features. Make necessary repairs without overspending. Improve curb appeal by cleaning up the exterior. Depersonalize and deep-clean...

In 2025, home prices are projected to rise by 3.7%, with mortgage rates averaging 6.3%. The housing market may experience shifts due to potential regulatory and tax changes under a Trump administration. Home sales are expected to increase by 1.5%, while for-sale...

Mortgage rates have fluctuated since January 2024, starting near 7% and briefly dropping to 6.15% in September before rising to an average of 6.93%. Experts predict various scenarios for 2025, including rate stability, gradual declines, continued volatility, or...

Colorado Gov. Jared Polis and other Western governors are exploring the use of federal lands to address the affordable housing crisis in the region. In Nevada, officials are leveraging a federal law to acquire land for development at reduced prices, while...

Utah's fall housing market in 2024 experienced a 1.6% increase in home prices and a 12.5% rise in sales compared to the previous year, with a median home price of $553,000. In Salt Lake City, prices rose by 7.3% to an average of $550,000, although sales decreased...