Plenty of Buyers Are Still Active Today
Plenty of Buyers Are Still Active Today Some Highlights Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and...
Should Baby Boomers Buy or Rent After Selling Their Houses?
Should Baby Boomers Buy or Rent After Selling Their Houses? Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different...
Today’s Housing Market Has Only Half the Usual Inventory
Today’s Housing Market Has Only Half the Usual Inventory Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to...
Why You Need a True Expert in Today’s Housing Market
Why You Need a True Expert in Today’s Housing Market The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your...
How To Get Property Tax Relief In Salt Lake County. Elderly Or Low Income
How To Get Property Tax Relief In Salt Lake County. Elderly Or Low Income Navigating through the maze of property taxes can be a daunting task, particularly for the elderly or those with low incomes. However, in Salt Lake County, there are several options available to...
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