June is National Homeownership Month

Home insurance premiums in Utah have surged by 59% in three years, the highest increase nationwide, driven largely by climate change-related extreme weather. Rising costs are worsening the housing crisis, making homeownership harder, especially for first-time buyers....

U.S. home sales peaked in 2021, declined through 2024, and are expected to see mild growth in 2025-2026.Mortgage interest rates will continue influencing market trends, impacting prices and buyer demand.

Rising property values have led to higher tax burdens, though some states cap assessments to limit drastic increases. Northeastern and Midwestern states generally impose higher property taxes, while Southern and Western states tend to have lower rates.

Robert and Kacie share insights on personal finance and home buying. Robert emphasizes the importance of a good real estate agent and home inspections. Kacie advises looking beyond bad online listings for potential hidden gems. Both stress the financial challenges and...

Looking in less popular neighborhoods or cities and being willing to relocate can reduce housing costs. Strategies include low-income housing programs, finding roommates, negotiating rent, and making compromises. Making a detailed budget plan is crucial to determine...

More homeowners will list their properties as mortgage rates stabilize, improving inventory but increasing competition.Buyers may gain leverage, leading sellers to offer price cuts or concessions in competitive markets.

U.S. construction faces rising costs as new tariffs could increase material prices by up to 60%. Construction inputs for multifamily projects have already surged 35% in 5 years, squeezing project feasibility.

Before buying a house in 2025, ensure you are debt-free and have 3–6 months of expenses saved. Limit your home budget to 25% of your take-home pay, covering mortgage, taxes, insurance, and HOA fees.

Salt Lake City ranks fifth in the U.S. for the rent-buy cost gap, with renting at $1,680 monthly and buying at $3,197, making buying 90.4% more expensive. Nationwide, renting is cheaper as mortgage payments rise while rents decline or stabilize. The largest gaps are...