Real Estate Matters | News About Utah Real Estate and Mortgage
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...
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