Salt Lake City’s Home Prices Keep Climbing

 

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)

Housing Crash in Utah

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3 Reasons Why We Are Not Heading Toward Another Housing Crash With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of...

first time buyer?

Ready for some Baby Steps Start looking for homes at https://Utah RealtyPlace.com/buying Let Marty be your guide to a new home! After all his is the most interesting Realtor in Utah! https://youtu.be/lqHiZgEy074    

How To List Your Home for the Best Price

How To List Your Home for the Best Price

How To List Your Home for the Best Price If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the...

Why It Makes No Sense to Wait for Spring to Sell

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