Salt Lake home prices have increased nearly 47 percent over the past five years, and more than 371 percent since 1991, according to a recent report by the Federal Housing Finance Agency. Nationwide, home prices have increased 32.81 percent over the same five-year period. Over the past year, home prices across Utah increased 9.80 percent, the third highest house-price appreciation of all states, the report said The FHFA House Price Index (HPI) is a broad measure of the movement of single-family house prices. The HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. (Courtesy of Salt Lake Board of Realtors)
2020 Homeowner Wish List
Some HighlightsIn a recent study by realtor.com, homeowners noted some of the main things they would change about their homes to make them more livable.Not surprisingly, more space, an updated kitchen, and a home gym rose to the top of the list.If you’re thinking of...
What the Experts See Coming for the Housing Market May 14th, 2020
What the Experts See Coming for the Housing Market Experts are optimistic that the housing market will rebound as the country emerges from stay-at-home orders. Let's connect to discuss how these key insights may fuel your plans to buy or sell a home this year.
Will the Utah Housing Market Turn Around This Year?
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Will Utah Home Values Appreciate or Depreciate in 2020?
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Caremongering Spreads Goodness, Not Fear
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Why Home Equity Is a Bright Spark in the Housing Market
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