The Federal Reserve raised their benchmark interest rate eleven times, from 0.025%-0.05% on March 17, 2022 to 5.25%-5.5% on July 26, 2023, and the rate has remained unchanged since then. Freddie Mac shows that the average 30-year mortgage rate peaked at 7.79% on...
Quarter real estate results
The 3rd Quarter Results are in for Single Family Homes and Condos in Salt Lake County
Oct 12, 2023 | Quarter real estate results
Thursday, October 12, 2023: I've been hearing the term "uncharted territory" for quite a while now, due to the rapid increase of interest rates. The Federal Reserve hasn't increased the Federal Funds Rate this fast since the early 1980's, but the rate is much lower...
2nd Quarter Median Price Change in Salt Lake County
Jul 12, 2023 | Quarter real estate results, Salt Lake City
All four of the seasons last three months, but I've always felt like summer passes faster than the other three. It's like the old saying goes, "Time Flies when you're having fun", and there's a lot of it to be had during the Summer. I hope you're enjoying it! We've...
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3rd Quarter 2024 Results for Salt Lake County are in!
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It's been over two weeks since fall officially startedBut summer has been persistent and hasn't departedNo need for the seasons to be so formalBut this unseasonable warmth is definitely not normalSo enjoy it while it last, but hope for rain and cool weatherBecause...
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