Happy Fourth of July
To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive...
Goldman Sees More Rate Cuts Ahead
Goldman Sachs expects 3 rate cuts in 2025, totaling 0.75%, while the Fed currently projects only two. Tariffs and higher costs are likely driving Goldman’s forecast, predicting slower growth and weaker consumer confidence
Have 3 Remodeling Options? High-Value Ones for 2025
Not all renovations boost home value; strategic improvements matter most for 2025. Energy-efficient upgrades like solar panels and insulation cut utility bills and attract budget-conscious buyers.
Can You Afford a 3-Bed Home in Utah in 2025?
In 2025, buying a home remains out of reach for many Americans as housing prices continue to rise. A recent report shows that in 35 out of 50 states, a 6-figure income is now required to afford a median-priced 3-bed home. In high-cost states like Utah, buyers need a...
Recession Coming? Turn It Into a Wealth Opportunity
Recessions often trigger Real Rstate dips, creating prime opportunities for investors to buy undervalued properties. Short sales and foreclosures surge during downturns, expanding inventory and increasing buyer negotiating power.
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