Utah Mortgage Rates at a 3 Year Low
Utah Mortgage Rates at a 3 Year Low
American Confidence in Housing at an All-Time High
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore,...
How to Increase Your Equity Over The Next 5 Years
How to Increase Your Equity Over the Next 5 Years Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are...
If you are Thinking about Selling and Live in Utah? You should read this first!
If you are Thinking about Selling and Live in Utah? You should read this first! Why Now Is the Perfect Time to Sell Your House As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I...
Utah Realty Expert Insights On Inventory In The Current Market
3 Expert Insights On Inventory In The Current Market The current housing landscape presents greater home values, low interest rates, and high buyer demand. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There...
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