Happy Flag Day
Flag Day is the American flag's birthday party every June 14th! Flag Day was proclaimed in 1916 but officially recognized in 1949. Talk about a late celebration! Betsy Ross, a seamstress, sewed the first flag. Imagine if designers today made flag-inspired...
Why Everyone’s Moving to Utah
Utah ranks as the best state to live in for the 3rd consecutive year. Residents enjoy a mix of urban life in Salt Lake City and scenic small towns like Midway. It stands out for its fiscal stability, family-friendly communities, and outdoor recreation. A lower cost of...
Utah’s Home Values and Mortgage Balances Over 5 Years
Avg home value in 2025: ~$550K Change: ↑ 42% from ~$367K in 2020 Avg mortgage balance in 2025: ~$312K Change: ↑ 39% from ~$225K in 2020 US national 5-yr growth: • Home value: ↑ 40% • Mortgage balance: ↑ 24%
June is National Homeowners Month
In recognition of National Homeowner Month, it's essential to shed light on the multifaceted value that homeownership brings to individuals, families, and communities at large. This observance not only celebrates the achievement of owning a home but also delves...
Utah Tops Nation in Income vs. Cost of Living
Utah ranks #1 nationally for household income adjusted for cost of living, boosting real buying power. Utah’s diversified economy and strong GDP growth fuel rising household wages despite high housing costs.
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