N.A.R. Lawsuit Settlement Fact Sheet for Utah
Lawsuit Settlement Fact Sheet – Utah Changes ChangesWhile changes will be minimal in Utah because of the state’s pro-consumer laws and customs, Utah REALTORS® are committed to helping buyers and sellers understand and navigate the changes. Key settlement terms...
Why Moving to a Smaller Home After Retirement Makes Life Easier
Why Moving to a Smaller Home After Retirement Makes Life Easier Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it's important to think about whether your current home still fits...
Why Your Asking Price Matters Even More Right Now
Why Your Asking Price Matters Even More Right Now If you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing. While home prices are still...
Things To Avoid After Applying for a Mortgage
Things To Avoid After Applying for a Mortgage Some Highlights There are a few key things you’ll want to avoid after applying for a mortgage to make sure you’re in the best position when you get to the closing table. Don’t change bank accounts, apply for new credit,...
Real Estate Is the Best Investment
Did you know? Real estate has been voted the best long-term investment for 12 years straight. That’s because history shows home values usually go up. And when that happens, it helps homeowners grow their net worth. So, if you’re debating renting or buying, remember 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