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
Tariffs Could Add 5% to Home Prices
The US faces a shortage of 4.4M homes, including 1.3M single-family homes for lower-income buyers. New tariffs on Canadian and Mexican imports could raise home construction costs by ↑ 5%, worsening accessibility.
Home Upgrades Booming by 2032 With 6% CAGR Predicted!
The home improvement market is set to grow from $974.57B in 2025 to $1.46T by 2032, driven by innovation. The Leading Indicator of Remodeling Activity projects a 1.2% increase in year-over-year home renovation spending for 2025.
Cities With the Most Expensive Homes in Utah
Typical home values in various Utah metro areas show significant increases over the past year and five years. Provo-Orem has a typical home value of $658,066 with a 1-year change of +2.9% and a 5-year change of +49.7%. Salt Lake City’s typical home value is $662,640,...
