Buyers, Is it time to get in the race?
Available home inventories are up as a State wide whole. From March to April inventories rose 6%. As we just entered the summer home sale season inventories are on the rise again as of June 2nd their are 7956 single family homes including town homes and condos for sale. This is up 10% from the beginning of May. Good news for home buyers!
- Salt Lake County show a rise of inventory from the beginning of May till June first at 2157 units. Up 11% from last month. Begging of May inventory has risen 9%.
- Utah County showing 1777 residential homes for sale. Up 11% from 1576.
- Davis County showing Active – Up 18% a large rise from the previous month of just 5%
- Wasatch County is showing a 14% increase in inventory.
Things to Consider When Buying a Home (Summer 2018)
This “Buyer Guide” will give you powerful marketing materials to share with clients, and help you simply and effectively explain the current market opportunities to potential buyers. Learn More
A Millennial’s Guide to Homeownership
This is a content-packed guide that offers powerful marketing materials to share with your clients, while also helping you simply and effectively explain the market’s current homeownership opportunities to a booming demographic that often finds itself stuck in the rental trap. Learn More
Things to Consider When Selling Your House (Summer 2018)
This “Seller Guide” will help you simply and effectively explain the current market to potential sellers, and give you powerful marketing materials to share with clients, or bring to your pre-listing appointments. Learn More
Recession Coming? Turn It Into a Wealth Opportunity
Recessions often trigger Real Rstate dips, creating prime opportunities for investors to buy undervalued properties. Short sales and foreclosures surge during downturns, expanding inventory and increasing buyer negotiating power.
Fannie Mae Revises 2025 Growth Down to 3.4%
U.S. home prices are projected to grow 3.4% in 2025 and 3.3% in 2026. These forecasts are slightly lower than previous estimates of 3.8% for 2025 and 3.6% for 2026.
What’s the Cost to Rent 1,000 Sq Ft in Utah?
Utah has an avg rent of $1,612/mo. The avg apartment size is 920 sq ft. Rent per sq ft comes to about $1.75. Utah ranks among the more costly states for rental housing. It’s a competitive market for renters valuing both space and location.
