Utah had the second highest house-price appreciation of all states in the second quarter year-over-year
Utah had the second highest house-price appreciation of all states in the second quarter year-over-year, according to a new report by the Federal Housing Finance Agency. In the 12 months ended June 30, house prices in the Beehive State increased 7.73 percent. Only Idaho showed greater house appreciation over the same period. Rounding out the top five states were Tennessee, Georgia and Arizona. At 1.21 percent, Delaware had the lowest appreciatio
4 mortgage interest rate scenarios that could occur in 2025
Mortgage rates have fluctuated since January 2024, starting near 7% and briefly dropping to 6.15% in September before rising to an average of 6.93%. Experts predict various scenarios for 2025, including rate stability, gradual declines, continued volatility, or...
Fed Interest Rate Forecast for 2025-26: Expert Insights
Fed Funds Rate Trends Forecast: - 2025 rate: drop to 4.0% - 2026 rate: to hold ~3.8% Economic Outlook for 2025: - GDP growth: taper from 1.8% to 2.5% by year-end - Rate cuts respond to slower economic growth
Winter Savings Tips for 2025 Homebuyers
Track your spending this winter to identify areas for cost-cutting before buying a home in 2025. Winter-proof your home to reduce energy bills and save money during the colder months.
Western state governors eye public lands for affordable housing development
Colorado Gov. Jared Polis and other Western governors are exploring the use of federal lands to address the affordable housing crisis in the region. In Nevada, officials are leveraging a federal law to acquire land for development at reduced prices, while...
Utah’s Fall Housing Market Shows Growth Despite Higher Prices
Utah's fall housing market in 2024 experienced a 1.6% increase in home prices and a 12.5% rise in sales compared to the previous year, with a median home price of $553,000. In Salt Lake City, prices rose by 7.3% to an average of $550,000, although sales decreased...
What Makes Your Home Sell Faster?
Pricing slightly below market value attracts multiple offers and encourages faster sales across regions. Well-maintained exteriors and appealing landscapes boost property attractiveness in any climate.
Thanksgiving The True Meaning
Thanksgiving Day, celebrated predominantly in the United States, is often symbolized by the quintessential turkey dinner and indulgent pies, marking a period of feasting and familial gatherings. However, the essence of this holiday transcends beyond the mere...
Should you have your home pre-appraised before placing it on the Market?
In the complex and often unpredictable journey of selling a home, understanding the value of your property through a pre-listing appraisal emerges as a critical step that can significantly impact the outcome of your sale. This introduction to pre-listing appraisals...
State of Utah Market Update – Residential Homes
Buy or Sell with Marty Gale "Its The Experience" Principal Broker and Owner of Utah Realty™ Licensed Since 1986 CERTIFIED LUXURY HOME MARKETING...
6 Must-Haves for a 2025 Home Sale
Buy or Sell with Marty Gale "Its The Experience" Principal Broker and Owner of Utah Realty™ Licensed Since 1986 CERTIFIED LUXURY HOME MARKETING SPECIALIST (CLHM) PSA (Pricing Strategy Advisor) General Contractor 2000 (in-active) e-pro (advanced digital marketing)...
