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
New Tariffs Could Raise Construction Costs by 60%!
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.
Follow These 5 Steps to Own a Home in 2025!
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.
Renting costs a lot less than buying a home, especially in the West
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...
