The numbers are in for the first quarter of 2024, and they look a lot like they did last year at this time, but it’s a year later, so it’s not the same. So let’s get into the 1st quarter 2024 results for residential real estate in Salt Lake County.
Quarter real estate results
SLC Homes Real Estate Year-End Report 2023!
Jan 6, 2024 | Quarter real estate results
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...
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...
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