Why luxury home buyers are moving to Utah
Why Are Luxury Home Buyers Moving to Utah? Utah has become a popular destination for luxury home buyers in recent years. The state's natural beauty, booming economy, and high quality of life are just a few of the reasons why people are flocking to the area. One...
Top must haves luxury home buyers like the most
Top must haves luxury home buyers like the most Smart home technology: This refers to a variety of features that allow homeowners to control various aspects of their home through their smartphone or other devices. Examples include smart thermostats, lighting systems,...
What do luxury home buyers want in an outdoor kitchen?
What do luxury home buyers want in an outdoor kitchen? According to industry experts, luxury home buyers are looking for outdoor kitchens that offer a seamless transition from indoor to outdoor living spaces. They want kitchens that are functional, stylish, and...
Insights on the luxury real estate demand for 2023
Insights on the luxury real estate demand for 2023. According to industry experts, the demand for luxury real estate is expected to continue to grow in the coming years. This is due to a number of factors, including the increasing number of high net worth individuals,...
List of features that luxury home buyers typically look for in a home:
List of features that luxury home buyers typically look for in a home: 1. Location: Luxury home buyers often look for homes in prime locations, such as waterfront properties, gated communities, or exclusive neighborhoods. 2. Size: Luxury homes are typically...
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