Blog

Q1 Market Update

Utah Housing Market Update: How did the housing market perform in the first quarter of 2022? 1. Home Sales Home sales have remained competitive in the U.S housing market, though…

Mother’s Day Gifts And Celebration Ideas

It’s that time of year again when we look back on all the wonderful things our mothers have done for us and we say thank you. We think of all…

Misconceptions of Rising Interest Rates in the Real Estate Market

How do rising interest rates affect the real estate market? Here are a few things you should know about what to expect from rising mortgage rates.

Best Spring Time Activities in Utah

Enjoy the comfortable weather of the spring and bond with your family with the most enjoyable and fun activities that Utah has to offer! Here are some best spring time…

American Dream Grant

Homeownership matters. That is why the Salt Lake Board of Realtors® started the American Dream Grant. We love giving back to our community. We awarded four grants in 2019, four…

The Impact of Rising Inflation to the Housing Market

Rising interest and mortgage rates Meanwhile, mortgage rates are expected to rise with rising interest rates. This is where the housing market is expected to slowly cool down as buyer’s purchasing power is affected. As of March 31, the average 30-year fixed mortgage rate stood at 4.67%—up from 3.11% at the end of December.

Equity Gains: A Hedge Against Inflation

The real estate industry has proven its strength to fare against the seemingly ripple effect initially caused by the pandemic. The crisis has influenced the rise of Inflation rates and is now evidently creeping up to every household.

Last Year, Homes Earned More for Homeowners Than Their Jobs

Last Year Homes Earned More for Homeowners Than Their Jobs. The typical U.S. home, rose 19.6% in 2021 to $321,634, an increase of $52,667 from 2020. According to Census Bureau data cited by Zillow That figure was slightly higher than what the median U.S. full-time worker earned, which was about $50,000 last year before taxes.

Tax Benefits Homeowners Should Know About

Utah – Economic Insights – 2022

Central Bank hosted a meeting where they invited Natalie Gochnour, who is an Associate Dean in the David Eccles School of Business and Director of the Kem C. Gardner Policy…