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)
Here’s How to Start Collecting Passive Income from Real Estate for Less Than $100.
Investing in rental properties requires a large upfront investment, but Real Estate Investment Trusts (REITs) offer a more affordable and passive alternative. Companies like Invitation Homes and Equity Residential allow investors to access rental properties for a...
2025 Design Trends: Speed up Your Sale
Japandi style tops buyer preferences with its minimal, nature-inspired, and calming aesthetic. Scandinavian design emphasizes simplicity, natural materials, and serene neutral tones.
Utah Among States With High Housing Costs in 2025
In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In Utah, rising property values...
What’s the Wait Time for First-Time Buyers in Utah?
A new study has ranked U.S. states based on the difficulty first-time homebuyers face when trying to enter the housing market. Arizona ranks #7 overall (tied), making it one of the seventh hardest states for first-time buyers to afford a home. The median home value in...
Utah grapples with growing housing shortage as demand outpaces supply
Utah faces a housing shortage of about 44,000 units due to rapid population growth, high land prices, labor shortages, and restrictive zoning. Median home prices rose from $305,000 to $535,000 between 2018 and 2024, outpacing wages and limiting affordability....
New Year, New Sale: Renovating Your Home for 2025
Upgrade Kitchens and Bathrooms: Modern countertops, energy-efficient appliances, and updated fixtures increase home value and buyer interest.Boost Curb Appeal: Fresh landscaping, a painted front door, and new lighting create strong first impressions.
Tariffs to Inflate Remodeling and Home Prices
Tariffs on building materials are driving up construction costs, raising home prices, and slowing the housing market.New tariffs could add $7,500–$10,000 to home costs, making homeownership harder as demand continues to decline.
Key Benefits that most Veterans Overlook
Navigating the path to homeownership can often seem daunting, particularly for veterans who have dedicated a significant portion of their lives to serving their country. The VA home loan program stands as a beacon of hope, offering a unique opportunity to those who...
Honoring Our Nation’s Heroes on Memorial Day.
This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971. Americans observe Memorial Day by visiting cemeteries and memorials.
How to Determine Your Home’s Value
Robert and Kim are experts in personal finance at Newsweek. Determining your home value is crucial for selling your property. Methods include online tools, comparative market analysis, and professional appraisal. Factors like location, size, condition, comparable...