801-205-3500 or 801-205-1600 Gales@UtahRealty.us
Salt Lake City’s Home Prices Keep Climbing

 

Salt Lake home prices have increased nearly 47 percent over the past five years, and more than 371 percent since 1991, according to a recent report by the Federal Housing Finance Agency. Nationwide, home prices have increased 32.81 percent over the same five-year period. Over the past year, home prices across Utah increased 9.80 percent, the third highest house-price appreciation of all states, the report said The FHFA House Price Index (HPI) is a broad measure of the movement of single-family house prices. The HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. (Courtesy of Salt Lake Board of Realtors)

Is Your First Home Now Within Your Grasp?

Is Your First Home Now Within Your Grasp?

Is Your First Home Now Within Your Grasp? Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and...

4 Tips to Sell Your Home Faster

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Stop Wondering What Your Budget Is & Get Pre-Approved

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Stop Wondering What Your Budget Is & Get Pre-Approved! In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out....

Your 6-Month Mortgage Rate Forecast

Both mortgage interest rates and home prices are projected to rise throughout 2019. If you plan on buying a home this year, the time is now! Let's get together to discuss your plans today!

5 Reasons to Sell Your House This Summer with Utah Realty

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5 Reasons to Sell Your House This Summer with Utah Realty Here are 5 compelling reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Index  from the National Association of Realtors (NAR) shows that buyer demand...

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