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...

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

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,...

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...

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.

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.

The Utah State Tax Commission warns taxpayers about a fraudulent letter circulating in Utah, falsely claiming unpaid state taxes. The letter resembles an official notice and threatens legal action if payment is not made. Taxpayers are advised to verify the...

Rapid price hikes in Salt Lake City and Provo raise serious affordability concerns. Many buyers priced out, causing declining demand and potential home value drops.

Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the...

The US faces a shortage of 4.4M homes, including 1.3M single-family homes for lower-income buyers. New tariffs on Canadian and Mexican imports could raise home construction costs by ↑ 5%, worsening accessibility.

The home improvement market is set to grow from $974.57B in 2025 to $1.46T by 2032, driven by innovation. The Leading Indicator of Remodeling Activity projects a 1.2% increase in year-over-year home renovation spending for 2025.

Typical home values in various Utah metro areas show significant increases over the past year and five years. Provo-Orem has a typical home value of $658,066 with a 1-year change of +2.9% and a 5-year change of +49.7%. Salt Lake City’s typical home value is $662,640,...

Winter is slow, but 2025 will see more sellers returning, possibly leading to a more balanced market. Buyers should start credit repair now, as spring sees the biggest jump in available homes from February to March.

Spring and Early Summer Are Ideal: These seasons often see increased buyer activity and higher sale pricesLocal Market Variations Matter: Optimal selling times can differ based on regional demand and climate.

An estimated 30% of the U.S. population lives in homeowners associations (HOAs), which can impose rules that may be overly restrictive. However, certain rules are unenforceable, including those that violate state and federal laws, infringe on political speech,...

Health insurance covers essential medical expenses like doctor visits, hospital stays, and preventive care. It protects you from high out-of-pocket costs during unexpected medical emergencies.

Selling and leasing a small portion of federal land could lead to the construction of over three million houses in Western states, according to a right-leaning think tank. The Bureau of Land Management holds 267,000 square miles, and selling just 850 miles could...

Capital gains on investment properties must be reported in the year of sale unless deferred. Use IRS Code Section 1031 to defer capital gains taxes by exchanging for a similar property.

Home prices are expected to increase modestly in 2025, with a forecasted median of $410,700. Inventory will rise slightly, creating a balanced market with more opportunities for buyers in 2025.

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

Rising mortgage rates and economic shifts continue to influence housing affordability and accessibility. Homeowners' insurance costs have surged due to climate risks, prompting state-led policy solutions.

Sharing expenses with friends or family, like splitting groceries or carpooling, helps reduce costs. Establishing an emergency fund ensures financial security; aim to save 3-6 months of expenses.

Start Early: Sellers should begin the process early, evaluating their home and preparing for the market.Home Preparation: Sellers should invest in updates, cleaning, and professional staging to increase appeal.

Long-term care insurance shields retirement funds by covering care costs like home care or assisted living. Cash-value life insurance offers tax-deferred growth, ideal for those maximizing retirement plans and seeking additional savings.

Ensure your coverage includes extended or guaranteed replacement cost to cover spikes in repair costs. Don’t skip flood insurance—99% of counties faced flooding between 1996-2019, according to FEMA.

Three federal properties in Utah, including the IRS Service Center in Ogden, the St. George Federal Building, and the Wallace F. Bennett Federal Building in Salt Lake, are among hundreds designated for disposal by the GSA. These buildings are considered “non-core” and...

Utah's housing market has a 20.7% chance of a 5% price drop over the past 25 years, lower than the US 26.4% avg. Since 2000, the median home price ↑ 210%, higher than the national ↑ 196%.

St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.

The Federal Reserve held key interest rates at 4.25%-4.5% despite Trump’s calls for immediate cuts.Inflation remains at 2.9%, with steady job growth and strong consumer spending supporting the economy.The Fed’s next policy meeting is scheduled for March 18-19, 2025.

A bill in Utah aims to address the impact of investors on first-time homebuyers by requiring buyers of single-family homes in Salt Lake County to sign an affidavit stating their intent to live in the home for at least a year if purchased within the first 30 days on...

A first-time home buyer hasn’t owned a primary residence in the past three years. Renters, even those with no prior homeownership, qualify for first-time buyer assistance programs.

International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote....

As 2025 approaches, many are exploring the best states for homeownership in the U.S. Key contenders include Iowa, known for its low cost of living and stable housing market; Indiana, offering affordability and a blend of urban and rural living; and Utah, with a strong...