Homebuyers: 2025’s Ride Will Be Bumpy!
Home values are expected to rise 2.6% in 2025, matching 2024's growth pace. Sales of existing homes will climb to 4.3 million in 2025, up from 4 million this year.
How Rate Cuts Could Fuel Homebuying Competition
The Fed influences mortgage rates indirectly through its policy on inflation and labor market data. Mortgage rates generally drop with Fed rate cuts, making borrowing cheaper for consumers.
Top Tips for Avoiding High Mortgage Rates
Feeling trapped by high interest rates? Take charge with these effective strategies to secure better mortgage rates. Review and improve your credit report and score to enhance lender confidence and secure favorable rates.
Utah’s Housing Landscape Reveals Significant Demographic Shifts
A comprehensive analysis of housing permits in Utah shows significant changes in residential development over the past 30 years. Approximately 416,000 new residential units have been built, with two-thirds located in Salt Lake, Davis, Utah, and Weber Counties....