by Tanisia Davis | Apr 26, 2021 | Real Estate Market
81% of Wasatch Front Homes Sell for Under $500K The vast majority of Wasatch Front homes sell for less than $500,000. In 2020, 81 percent of homes sold on the Wasatch Front sold for less than the half-million-dollar mark. However, that percentage is down from 2019,...
by Tanisia Davis | Apr 18, 2021 | Real Estate Market
Increase in New Construction Low housing inventory is causing more home buyers to turn to new construction, according to Dejan Eskic, senior research fellow at the University of Utah’s Kem C. Gardner Policy Institute. In January, 2,529 new housing units were approved...
by Tanisia Davis | Mar 28, 2021 | Real Estate Market
Americans Leaving Largely-Populated Cities A new report finds that in 2020, 1.25 percent of Americans moved away from largely-populated cities across the country. With a 7.3 percent reduction in population, San Francisco witnessed the most residents moving out. New...
by Tanisia Davis | Mar 21, 2021 | Real Estate Market
Homeownership Rates Rise in Most States Homeownership rates are on the rise, according to the U.S. Census Bureau. In 2020, West Virginia had the highest homeownership rate at 78.2 percent. Utah’s rate was 71.7, down slightly from 71.9 in 2019. The U.S. homeownership...
by Tanisia Davis | Mar 14, 2021 | Real Estate Market
Utah Home to Three of 10 Best-Performing Cities 👏👏👏 Three Utah cities made the 2021 Top 10 list for Best-Performing Cities by the Milken Institute. Many of the tier-one cities were located in the Intermountain West. “These cities registered levels of wage and job...
