Caremongering Spreads Goodness, Not Fear
Caremongering Spreads Goodness, Not Fear As news of Covid-19 started gearing up, Allison Bradley felt heartbroken when she spotted seniors running errands and grocery shopping around her town, Kelowna, B.C. “My goodness, you are risking so much by being out here. It’s...
Why Home Equity Is a Bright Spark in the Housing Market
Why Home Equity Is a Bright Spark in the Housing MarketGiven how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have...
More Temporary Bumps in the Road to Recovery
We know there are bumps in the road when it comes to today’s economy and the housing market, and that’s to be expected under the current conditions. The good news is, experts are forecasting that home prices will continue to rise. DM me to discuss your plans in this...
Confused About the Economic Recovery? Here’s Why.
Confused About the Economic Recovery? Here’s Why.As we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we’ve reached a plateau in cases of COVID-19, the...
U.S. Homeownership Rate Rises to Highest Point in 8 Years
U.S. Homeownership Rate Rises to Highest Point in 8 YearsFor nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many...
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