Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?
Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season? This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their...
Selling Property to Family Creates Tax Complications
Our Friend Karl from K.A.N. Accounting & Tax, Inc. Sent us this and we thought we should share! Selling property to a family member or loved one is deemed a related party transaction by the IRS. If contemplating a transaction like this, you need to review the tax...
502 So 1040 E H 143 American Fork Utah 84003
502 So 1040 E H 143 American Fork Utah 84003 Mt Timpanogos Village Comparative Market Analysis and Broker Opinion of Value 502 So 1040 E H 143 American Fork Utah 84003 Sold $317,578 [dflip id="110816"][/dflip] 502 So 1040 W H 143 American Fork Utah 84003...
2024 Housing Market Forecast
2024 Housing Market Forecast Some Highlights Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help...
People Are Still Moving, Even with Today’s Affordability Challenges
People Are Still Moving, Even with Today’s Affordability Challenges If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are...
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