Ready to Buy a Home in 2025? Get the Inside Scoop
Start preparing finances early: Ensure credit is good, calculate affordability, and get ready to make a competitive offer.Current market improvements: 2025 offers better opportunities for buyers after high prices and limited options in 2024.
Cut Your Insurance Premiums: Simple Savings Tips
Maintain a Good Credit Rating: Strong credit scores often lead to lower premiums for auto and homeowner insurance.Drive Safely: A clean driving record and good grades for students can significantly reduce insurance costs.
Utah lawmakers say no to ‘preemption,’ halt 2 housing bills aimed at allowing smaller homes
Utah lawmakers are facing challenges in addressing the housing affordability crisis, with two bills aimed at allowing smaller homes failing to progress in the legislative session. Rep. Ray Ward's proposals, which included permitting accessory dwelling units and...
Tips for Finding Bargain Houses in 2025
Start house hunting in January to benefit from lower prices and reduced buyer competition. Hire a local Real Estate agent with expertise in undervalued properties and market trends.
A Utah bill requiring 60 days notice to raise rent fails
A Utah bill requiring landlords to provide two months' notice before raising rent has been halted for the third consecutive year. The House Business, Labor, and Commerce Committee rejected HB182, which aimed to give tenants more security. The Utah Rental Housing...
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