State of Utah
Counties in the State of Utah
Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day...
Happy Flag Day
Flag Day is the American flag's birthday party every June 14th! Flag Day was proclaimed in 1916 but officially recognized in 1949. Talk about a late celebration! Betsy Ross, a seamstress, sewed the first flag. Imagine if designers today made flag-inspired...
Why Everyone’s Moving to Utah
Utah ranks as the best state to live in for the 3rd consecutive year. Residents enjoy a mix of urban life in Salt Lake City and scenic small towns like Midway. It stands out for its fiscal stability, family-friendly communities, and outdoor recreation. A lower cost of...
Utah’s Home Values and Mortgage Balances Over 5 Years
Avg home value in 2025: ~$550K Change: ↑ 42% from ~$367K in 2020 Avg mortgage balance in 2025: ~$312K Change: ↑ 39% from ~$225K in 2020 US national 5-yr growth: • Home value: ↑ 40% • Mortgage balance: ↑ 24%
June is National Homeowners Month
In recognition of National Homeowner Month, it's essential to shed light on the multifaceted value that homeownership brings to individuals, families, and communities at large. This observance not only celebrates the achievement of owning a home but also delves...
Utah Tops Nation in Income vs. Cost of Living
Utah ranks #1 nationally for household income adjusted for cost of living, boosting real buying power. Utah’s diversified economy and strong GDP growth fuel rising household wages despite high housing costs.
Governor meets with mayors about boosting housing stock, announces dashboard to view progress
Utah aims to build 35,000 starter homes in four years to address housing affordability. Gov. Spencer Cox met with 48 mayors to discuss progress, noting 5,100 homes are underway but more effort is needed due to population growth. Cities like Clearfield and Herriman...
Here’s How to Start Collecting Passive Income from Real Estate for Less Than $100.
Investing in rental properties requires a large upfront investment, but Real Estate Investment Trusts (REITs) offer a more affordable and passive alternative. Companies like Invitation Homes and Equity Residential allow investors to access rental properties for a...
2025 Design Trends: Speed up Your Sale
Japandi style tops buyer preferences with its minimal, nature-inspired, and calming aesthetic. Scandinavian design emphasizes simplicity, natural materials, and serene neutral tones.
Utah Among States With High Housing Costs in 2025
In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In Utah, rising property values...
What’s the Wait Time for First-Time Buyers in Utah?
A new study has ranked U.S. states based on the difficulty first-time homebuyers face when trying to enter the housing market. Arizona ranks #7 overall (tied), making it one of the seventh hardest states for first-time buyers to afford a home. The median home value in...
Utah grapples with growing housing shortage as demand outpaces supply
Utah faces a housing shortage of about 44,000 units due to rapid population growth, high land prices, labor shortages, and restrictive zoning. Median home prices rose from $305,000 to $535,000 between 2018 and 2024, outpacing wages and limiting affordability....
New Year, New Sale: Renovating Your Home for 2025
Upgrade Kitchens and Bathrooms: Modern countertops, energy-efficient appliances, and updated fixtures increase home value and buyer interest.Boost Curb Appeal: Fresh landscaping, a painted front door, and new lighting create strong first impressions.
Tariffs to Inflate Remodeling and Home Prices
Tariffs on building materials are driving up construction costs, raising home prices, and slowing the housing market.New tariffs could add $7,500–$10,000 to home costs, making homeownership harder as demand continues to decline.
Key Benefits that most Veterans Overlook
Navigating the path to homeownership can often seem daunting, particularly for veterans who have dedicated a significant portion of their lives to serving their country. The VA home loan program stands as a beacon of hope, offering a unique opportunity to those who...
Honoring Our Nation’s Heroes on Memorial Day.
This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971. Americans observe Memorial Day by visiting cemeteries and memorials.
How to Determine Your Home’s Value
Robert and Kim are experts in personal finance at Newsweek. Determining your home value is crucial for selling your property. Methods include online tools, comparative market analysis, and professional appraisal. Factors like location, size, condition, comparable...
Real Estate Fortune: Why 2025 Is the Golden Year
2025 may present a unique opportunity for Real Estate agents despite ongoing industry challenges. An increase in inventory could lead to lower prices and more successful deals for agents.
New report reveals how one fast-growing expense is impacting homeowners: ‘Many may feel like they can never own a home’
Home insurance premiums in Utah have surged by 59% in three years, the highest increase nationwide, driven largely by climate change-related extreme weather. Rising costs are worsening the housing crisis, making homeownership harder, especially for first-time buyers....
US Homes: Will Growth Return in 2025?
U.S. home sales peaked in 2021, declined through 2024, and are expected to see mild growth in 2025-2026.Mortgage interest rates will continue influencing market trends, impacting prices and buyer demand.
Property Tax Trends Across the US
Rising property values have led to higher tax burdens, though some states cap assessments to limit drastic increases. Northeastern and Midwestern states generally impose higher property taxes, while Southern and Western states tend to have lower rates.
Value Adjustments according to Ai
Appraisal adjustments vary according to build quality and area While specific dollar values for adjustments in residential home appraisals can vary based on numerous factors, including the specific neighborhood and current market conditions, here are some typical...
7 Things I Wish I’d Known as a First-Time Homebuyer
Robert and Kacie share insights on personal finance and home buying. Robert emphasizes the importance of a good real estate agent and home inspections. Kacie advises looking beyond bad online listings for potential hidden gems. Both stress the financial challenges and...
10 Tips for Finding Cheap Housing
Looking in less popular neighborhoods or cities and being willing to relocate can reduce housing costs. Strategies include low-income housing programs, finding roommates, negotiating rent, and making compromises. Making a detailed budget plan is crucial to determine...
Selling Your Home in 2025? Expect More Competition
More homeowners will list their properties as mortgage rates stabilize, improving inventory but increasing competition.Buyers may gain leverage, leading sellers to offer price cuts or concessions in competitive markets.
New Tariffs Could Raise Construction Costs by 60%!
U.S. construction faces rising costs as new tariffs could increase material prices by up to 60%. Construction inputs for multifamily projects have already surged 35% in 5 years, squeezing project feasibility.
Follow These 5 Steps to Own a Home in 2025!
Before buying a house in 2025, ensure you are debt-free and have 3–6 months of expenses saved. Limit your home budget to 25% of your take-home pay, covering mortgage, taxes, insurance, and HOA fees.
Renting costs a lot less than buying a home, especially in the West
Salt Lake City ranks fifth in the U.S. for the rent-buy cost gap, with renting at $1,680 monthly and buying at $3,197, making buying 90.4% more expensive. Nationwide, renting is cheaper as mortgage payments rise while rents decline or stabilize. The largest gaps are...
Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they...
What 2025 Housing Trends Keep Foreclosure Rates Low?
2025 home prices will rise slowly, with an average price of $510,300 and median at $419,200. In 2025, home prices will stabilize; expect to pay close to asking price, especially in tight markets.
Tax Cuts for All Utahns at Every Stage of Life
Utah's Legislature is set to provide $127 million in tax relief, aimed at supporting retirees, young families, and individuals. Key measures include reducing the income tax rate to 4.5%, eliminating social security tax for those earning up to $90,000, and...
Over 31% of Income Goes to Housing in Utah
Utah ranked No. 10 in a national study of states with the highest housing costs. Housing expenses in Utah take up 31.71% of the median monthly income. This may surprise residents, as home prices have surged since the COVID-19 pandemic began. Many prospective...
Tips for Selling Your Home After the Holidays
Post-holiday market activity shrinks inventory and boosts buyer interest—price competitively to maximize offers. Declutter, depersonalize, and keep your home clean inside and out to make a great first impression
Why Renters Insurance Is a Must-Have in 2025
Renters insurance is crucial in 2025, offering essential protection for tenants' assets and liabilities. It covers personal belongings against theft, fire, and natural disasters.
Social Security tax to be cut for Utahns making $90K or less
Utah lawmakers are proposing tax reductions for the fifth consecutive year, including eliminating the Social Security tax for older residents earning $90,000 or less and reducing the income tax rate from 4.55% to 4.5%. They aim to provide $127 million in tax relief,...
5 Ways to Pay Less in Taxes on Real Estate Investments
Keep detailed records of all property expenses, including rent, maintenance, and insurance, to support tax deductions.Use the 1031 exchange strategy to defer 100% of taxes by reinvesting in like-kind properties legally.
Utah’s 2024 economy broke records, but can 2025 growth keep up?
In 2024, Utah's home prices reached near-record highs despite a slight drop in 2023, while high mortgage rates hindered new buyers. The state's economy grew, with a population increase of 1.5% and job growth at 1.7%. However, unemployment rose to 3.1%. Over...
Staged Property: The Hidden Risks
Staged Property: The Hidden Risks - Buyer Beware In the dynamic realm of real estate, the allure of staged properties often captivates potential buyers, presenting spaces in their most attractive light and promising a dreamlike living scenario. However, beneath the...
Buying a House With Tenants? Know Your Rights
If a lease exists, it remains valid, preventing rent hikes or evictions until its term expires. Want tenants to move out? You must negotiate, buy them out, or ensure vacancy before purchase.
Smart Timeline Strategies for Selling Your Home
Selling a home takes 8-12 weeks, including 1-2 weeks for prep, 3-4 weeks for listing, and 4-6 weeks for closing. Preparation is crucial; allocate 3-5 days for decluttering, staging, and 1-2 days for professional photography.
