Mortgage Rates Fall to 50 year low
Mortgage Rates Fall Below 3% Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best...
Real Estate is a Top Investment
Mortgage Rates Hit Record Lows for Three Consecutive Weeks
Mortgage Rates Hit Record Lows for Three Consecutive WeeksOver the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the...
Buyers: Are You Ready for a Bidding War?
Utah Buyers: Are You Ready for a Bidding War?Hiring an Expert with 34 Years of experience might just be what you need to rise to the top! With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated...
Americans Rank Real Estate Best Investment for 7 Years Running
Americans Rank Real Estate Best Investment for 7 Years Running Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability of housing as a long-term...
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