The Cost of Renting Vs. Buying a Home

The Cost of Renting Vs. Buying a Home

The Cost of Renting Vs. Buying a HomeSome HighlightsThe percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.This is making buying a home an increasingly attractive option for many people, especially with...

Top Reasons People Are Moving This Year In 2020

Top Reasons People Are Moving This Year In 2020

The Top Reasons People Are Moving This YearToday, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate...

Ask a Pro About Buying a Home

Ask a Pro About Buying a Home

Ask a Pro About Buying a Home Some HighlightsAccording to trending data, searches for key real estate topics are skyrocketing online.Clearly, lots of people have questions about buying a home, and other topics related to the process.Working with a trusted real estate...

Utah ranks in the Top 10 states when it comes to the highest percent change in house appreciation, according to the House Price Index by the Federal Housing Finance Agency. The report noted that Utah home prices have appreciated 46.03 percent in the past five years. Nevada posted the highest appreciation at 81.84 percent. Connecticut was the lowest at 7.91 percent. The U.S. five-year average was 34.71 percent. Salt Lake City ranked No. 22 of 383 U.S. metropolitan areas in highest appreciation. Over the past five years home prices in the Salt Lake City area have increased 47.24 percent. The HPI is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels. Written by Salt Lake Board or Realtors

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