Insights from National Association of Realtors chief economist
Utah Association of Realtors Blog
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1y ago
May 12, 2022 As the Federal Reserve works to tackle elevated inflation through higher interest rates, would-be homebuyers will likely feel the strain of more expensive borrowing costs. Meanwhile, the housing market is likely to return to more normal ..read more
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Over 10 years, a typical SLC homeowner has gained more than $421,000 in housing wealth
Utah Association of Realtors Blog
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1y ago
June 9, 2022 Over the past 10 years, a typical Salt Lake homeowner has gained more than $421,000 in housing wealth through a combination of home price increases and paying down their mortgage. That’s the 12th highest gain in the country with $388,500 ..read more
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April data shows some shifts in market
Utah Association of Realtors Blog
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1y ago
June 2, 2022 Utah home buyers had more choices in April as year-over-year housing inventory rose for only the second time since 2019. That’s according to April numbers from the Utah Association of Realtors that show the effect of rising mortgage rate ..read more
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