So You Think the Real Estate Market is Bad in the U.S.
I know that the real estate market is not exactly booming in the U.S., but I was reading an article the other day about the market in the U.K. that […]
Real Estate Markets
Information on various real estate markets including the Salt Lake / Utah real estate market.
Utah Home Foreclosure Rate Up 294%?
The Salt Lake Board of Realtors has questioned a recent report by RealtyTrac, which reported the home foreclosure rate in Utah increasing 294% in July 2008 (compared to July 2007). […]
Appraisers No Longer Using HUD-1 Settlement Statements?
We recently had an appraisal done on an existing home in a subdivision that still has new homes being constructed. When speaking to the appraiser, I mentioned that the builder […]
Fannie Mae Changes Declining Market Policy
At the start of this month, Fannie Mae changed its policy regarding declining markets. Previously if you were in a declining market you had to put 10% down in order […]
Salt Lake County Homes Sold Increase for the Fourth Straight Month
The number of single family homes sold in Salt Lake County increased for the fourth-straight month. There were 835 homes sold in May, which was an increase of 4.11% over […]
Salt Lake Rental Market
If you are looking for a place to rent, Salt Lake is an expensive place. Rents went up 8.8% from 2006 to 2007, with a further 6 to 8% rise […]
Salt Lake is Recession Proof
These are not my words, they are from a recent article in Forbes Magazine. According to the magazine article, Salt Lake is the sixth most recession proof city in the […]
Utah Leads Nation In House Price Appreciation
While places like California and Florida saw their home prices decline over the last year, Utah was a different story. Home prices for the fourth quarter 2007 went up 9.27% […]
New Lending Requirements for Jumbo Loans
The Salt Lake high-end housing market recently received a boost, when conforming loan limit went up from $417,000 to $729,750 in Salt Lake County, Tooele County, and Summit County. This […]
Median Annual Home Price Data
The median annual home price information for 2007 is now available at Salt Lake County Home Prices , Utah County Home Prices , and Davis County Home Prices. Home prices […]