Salt Lake County Shines as Top Choice for New Families
Childcare costs as a percent of median household income: 21.34% Housing costs as a percentage of median household income: 20.84% Percentage of population under age 10: 13.12% Number of children under age 10: 155,636 Ratio of total population to primary care...
Top 10 Tips for First-Time Homebuyers
First-time homebuyers should identify their current and future needs, understand the true cost of homeownership including taxes and maintenance, and start saving early for down payments and closing costs. Building and managing credit wisely is crucial. Research...
Time to Sell? Key Market Signals
Outgrowing or underusing your space signals it might be time to sell and move on. A strong seller’s market boosts sale price, speed, and overall success of your listing.
Honoring the Significance of Indigenous Day
Indigenous Peoples’ Day celebrates, recognizes, and honors the beautiful traditions and cultures of the Indigenous People We take a stand for and support the indigenous people on this day. We should also offer our support to those who invest and uplift the indigenous...
Avoid Mortgage Mistakes Buyers Make: Expert Tips
Key mortgage mistakes to avoid include not getting pre-approved, overlooking credit scores, and failing to compare mortgage options. Buyers should budget for total homeownership costs, including property taxes and maintenance. Skipping home inspections and neglecting...
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