Jan 31, 2019 | Interest Rates, Salt Lake City home values
The Big Picture in the second half of 2018 has been quite chaotic. Our political system is polarized, which has led to a government shut down, the stock market has been highly volatile, Brexit has gone sideways and global economic growth is cooling down. On a local...
Sep 25, 2018 | Housing Affordability, Salt Lake City home values, Salt Lake County Homes
Over the last couple months, I’ve read some articles that have been cautionary regarding the state of the national real estate market, specifically in the metro areas in the western U.S., where homes are expensive, the housing market has rallied since the Great...
Jul 12, 2018 | Low Housing Inventory, Salt Lake City condos, Salt Lake City home values, Salt Lake City real estate
I love that the 4th of July fell on a Wednesday this year, it worked out well for traveling! We left Tuesday afternoon July 3rd, and headed down to Moab with friends, to float the Colorado River. The daytime highs were over 100 F, but when you’re floating,...
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...
Jan 22, 2018 | Salt Lake City home values, Salt Lake City real estate, Salt Lake County Homes, Utah Condos, Utah Homes
2017 was another solid year for residential real estate in Salt Lake County, with property values increasing across the board in all categories. So let’s get into it. Median Prices Rise Again: The median price of a single family home in Salt Lake County...
