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...
Top Strategies to Sell Your Home Fast in 2025
Price your home right from day one to attract more offers and avoid sitting on the market too long. Boost curb appeal with simple upgrades—fresh paint, landscaping, and clean entryways make a strong first impression. Use professional photos and staging to showcase...
5 Smart Tips to Save Money on Home Closing Costs
Closing costs can add up to more than $10,000, but buyers have strategies to reduce them. Local banks may offer grants, credits, or fee waivers that cut costs without repayment obligations. Conventional loans with larger down payments often reduce costs compared to...
5 Key Takeaways: How to Negotiate to Cut Costs When Closing on a Home
Homebuyers can save money by negotiating key aspects of the purchase, including repairs found during inspections, closing costs, and the closing date. Buyers may also negotiate for home contents like appliances and furniture to be included, as well as for sellers to...
Chasing 4%: The Future of Mortgage Rates
Mortgage rates are expected to gradually ease over the coming years, though a return to 4% remains a longer-term possibility. Past 4% levels were achieved during periods of strong monetary support, showing rates can fall when economic conditions shift significantly. A...
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