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
Tips for Cutting Costs: Boost Savings for Home Buying!
Create a budget by listing income sources, tracking spending, and identifying non-essential expenses to reduce. Set financial goals by researching housing markets, breaking down savings into monthly or yearly targets.
Will You Owe Taxes When You Sell Your Home?
Homeowners may owe taxes if their profit exceeds the exclusion limits when selling their home. Single filers can exclude up to $250K in profits; couples filing jointly can exclude up to $500K.
Mortgage Calculator: How Much You Need To Buy a Home in Utah at a Rate of 6.60%
The average rate on a 30-year mortgage has decreased to 6.60%. In Utah, the median home price is $595,000, requiring a 20% down payment of $119,000, resulting in a monthly payment of $3,040. With a 10% down payment, the upfront cost is $59,500, leading to a monthly...
