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,...
Jun 21, 2018 | Interest Rates, Salt Lake City homes, Taxes
Thursday morning June 21st, at 4:07 AM MST, will be this year’s summer solstice, the longest day, the shortest night. I love this time of year! The days are warm and long, and the nights are short and pleasant. We get outdoors, wear shorts and sandals,...
Apr 17, 2018 | Salt Lake City condos, Salt Lake City homes, Salt Lake County Homes, Utah Homes
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...
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...