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)
How Can You Set the Stage for Winning Offers?
Provide a comprehensive disclosure package before listing: Include seller disclosures, inspections, HOA documents, and a FAQ to inform buyers upfront.Promote open house opportunities: Utilize MLS tools to list open house dates and times, making it easier for buyers to...
2025 Sale Secrets: Best & Worst Times
Listing in late spring, especially Mid-Q2, yields the highest sale premiums for home sellers. The holiday season is the weakest period — December 24, 26, and 31 show the lowest returns.
What Is The Cost Of Living In Provo-Orem?
To maintain your standard of living in Provo-Orem, you'll need a household income of $71,851. - Home Price: $604K - Apartment Rent: $1,531 - Total Energy: $164
Maximizing Returns: How to Refinance Your Investment Property
Buying a second home involves stricter mortgage rules and higher rates. Refinancing can optimize cash flow and change terms, rates, or release equity on rental properties. Conventional loans are required for cash-out refinancing on investment properties. Leveraging...
Salt Lake County property tax bills could see a slight drop this year
Salt Lake County's certified property tax rate decreased from 0.1297% to 0.1253% to adjust for inflation, keeping revenue stable without raising taxes. New growth added $3.76 million in revenue, though slightly below projections. Some residents will see different...
Rising Tariffs: Will Renters Face the Cost?
Apartment construction slowing down could lead landlords to raise rents due to limited supply. U.S. asking rents have stabilized, but tariffs may disrupt the rental market and drive prices up.
How to Get Your Property Sale-Ready in 5 Steps
Enhance curb appeal: A well-maintained exterior creates trust and attracts buyers from the moment they arrive. Declutter and depersonalize: Remove personal items to allow buyers to imagine themselves in the space.
Utah: America’s Next Hot Growth Market
Utah ranks among the fastest-growing states in the US as of 2025. Utah balances outdoor adventure with economic opportunity. High quality of life draws nationwide movers. Young families flock to Utah’s vibrant tech scene. Utah’s lower-than-average living costs help...
Tips for selling a house fast
A Fannie Mae survey reveals that 86% of participants believe it's a bad time to buy a house due to affordability issues, with Freddie Mac reporting a 6.86% 30-year fixed mortgage rate. However, homeowners' perception of selling conditions remains positive....
Goldman Sees More Rate Cuts Ahead
Goldman Sachs expects 3 rate cuts in 2025, totaling 0.75%, while the Fed currently projects only two. Tariffs and higher costs are likely driving Goldman’s forecast, predicting slower growth and weaker consumer confidence