What Will Home Prices Look Like Over the Next Few Years
What Will Home Prices Look Like Over the Next Few Years? September 19th, 2019 Home prices will continue to rise throughout 2023. This means that now is a great time to sell! If you're thinking of listing your home, let's get together to determine your best move.
4 Reasons to Sell This Fall In Utah With Utah Realty
Utah Realty 4 Reasons to Sell This Fall Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling...
Three Benefits of Growing Equity in Your Home
The Benefits of Growing Equity in Your Home Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is...
Utah Mortgage Rates at a 3 Year Low
Utah Mortgage Rates at a 3 Year Low
American Confidence in Housing at an All-Time High
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore,...
Utah ranks in the Top 10 states when it comes to the highest percent change in house appreciation, according to the House Price Index by the Federal Housing Finance Agency. The report noted that Utah home prices have appreciated 46.03 percent in the past five years. Nevada posted the highest appreciation at 81.84 percent. Connecticut was the lowest at 7.91 percent. The U.S. five-year average was 34.71 percent. Salt Lake City ranked No. 22 of 383 U.S. metropolitan areas in highest appreciation. Over the past five years home prices in the Salt Lake City area have increased 47.24 percent. The HPI is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels. Written by Salt Lake Board or Realtors