That's right, Kaboom! Our mild winter, combined with the hot economy and buyers that are motivated to get into a home before interest rates rise further, are pushing the price of housing up a little bit more than past years. Our local residential real estate market...
Salt Lake City homes
Understanding Interest Rates
Mar 27, 2018 | Interest Rates, Salt Lake City homes, Salt Lake City real estate
In January 1991, I bought my first home. It was a Graystone two-flat duplex on the north side of Chicago. I put 10% down on a 30-year fixed rate mortgage, at an interest rate of 9.5%. That was a little more than twenty-seven years ago, and interest rates haven't...
Is a Bubble Forming?
Aug 29, 2017 | Salt Lake City home values, Salt Lake City homes, Salt Lake City real estate
During the last month I've been out and about, and in the many conversations I've had, six people have asked me if I think the Salt Lake real estate market is becoming over inflated. A couple people told me they were thinking about selling their home and renting for...
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