Great News for Renters Who Want to Buy a Home
Great News for Renters Who Want to Buy a Home Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The...
How Owning a Home Can Make You Happier
Think owning a home can make you happier? It sure can! Let's connect to see if homeownership can brighten your day.
Does “Aging in Place” Make the Most Sense?
Does “Aging in Place” Make the Most Sense? A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home,...
The U.S. expansion, now in its 11th year, will continue through the 2020 presidential election
Strength of the Economy Is Surprising the Experts We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by...
The top 10 highest Utah median prices in the fourth quarter by ZIP code
The median single-family home price in Salt Lake County in the fourth quarter increased to $378,000, up 8 percent compared to a median price of $350,000 in 2018's fourth quarter. Strong demand for homes is being driven by net in-migration and population increase. In...
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