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The Housing Forecast Report from the Salt Lake Board of Realtors® predicts a recovery in home buying for 2024, driven by declining mortgage interest rates and a surge in active listings. Home sales are expected to see an uptick of 16%, totaling approximately 13,000 units.
In 2023, Salt Lake County home sales fell to their lowest level in 12 years – a decline attributed to high mortgage rates, elevated home prices, and limited housing inventory, according to the Salt Lake Board of Realtors®.
In 2022, Utah saw an influx of more than 91,000 new residents, most of whom came from California, according to a new report by the Census Bureau. The report also shows that states like Washington, Idaho, Texas, and Arizona played a big role in Utah's population growth in 2022.
Salt Lake City boasts the third-highest share of middle-income households in the nation, according to the National Association of Realtors®. In the last decade, middle-income homeowners in Salt Lake City have seen their wealth increase by $238,240 as property values appreciated.
The real estate transaction is more than paperwork. There are 87 legally binding documents that cover everything from earnest money deposits and disclosures required under state law to closing costs addendum and back-up offers. Protect yourself from liability. Hire a Realtor®.
Home prices jumped in the third quarter, as Salt Lake homebuyers, on average, paid $120,000 more than they did the same quarter last year. Sales of all housing types across the five-county area of the Wasatch Front fell 18% in the third quarter (roughly 2,350 fewer home sales).
Opening your home to a crowd of strangers can put you in a vulnerable spot. Realtors® are well acquainted with safety measures that can protect your home during the selling process. Hire a Realtor® for the safest selling experience. #ShouldHaveUsedARealtor
#SaltLake home prices shot up more than 16 percent in February year-over-year. In Davis County, prices climbed nearly 8 percent. Are the price increases sustainable? For the full report visit: slrealtors.com/home-stats/
Take a moment to fill out this nine-question survey to let us know how we are doing: alturl.com/t947t
The Salt Lake Board of Realtors® will be closed at noon tomorrow and will remain closed through Monday for the holiday.
Enter our Bracket Challenge at our March Madness event for the chance to win FREE 2017 DUES! Register now! HERE: netforum.avectra.com/eweb/DynamicPa…… 🏀🔥
This is going to be a blast! Register for this event today and support RPAC. 🏀👊 HERE: netforum.avectra.com/eweb/DynamicPa…
7 Ways Home Sellers Turn off Homebuyers rismedia.com/2017/02/26/way…
The Best of 2016 Awards are open! Apply or nominate a fellow member at slrealtors.com/awards/. January 18th is the final day to apply.
A staff member from the Salt Lake Board attended the swearing in ceremony for the new Millcreek, Utah city council.
Happy New Year and Happy Birthday to us! 🎂 🎈 Celebrate with us and enjoy free CE ALL YEAR! #saltlakeboardofrealtors #hbd
Top 10 benefits of buying a home: alturl.com/66q7h #slbr #realtors
When it comes to reliability, you may want to steer clear of these new cars. alturl.com/ujmxz #Realtor
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UCAR is excited to announce that Provo School Board President Michelle Kaufusi will be speaking at UCAR on... fb.me/R4z6sbJf
5 things your home appraiser wishes you knew: rltor.cm/55oj0 #RealEstateAdvice
Attending #NARLegislative? Don't miss the Commercial Economic Issues & Trends Forum, which will be live tweeted.
LIVE on #Periscope: NAR Chief Economist Lawrence Yun on #NAREHS pscp.tv/w/ab6nTTczMTgy…
Latin pop star @PrinceRoyce is selling his $3.75M Coral Gables estate rltor.cm/4fla2
Congratulations to Ben Daniels of @EDGEhomesUT who was named the @slrealtors Salesperson of the Year!
Reading: Google Maps FAQs for Real Estate Agents and Brokers. http://bit.ly/e1x0e
Remember, it’s easy to live the average life. DON’T DO THAT. Life is only once so make every day, action, contribution & friendship count!
News Story: The 'craziest time' for home valuation http://bit.ly/152y8l
Get ready for road closures: http://deseretnews.com/article/1,5143,705289100,00.html
learn how to manage your horse on a tighter budget: http://bit.ly/D1KRv
Economist's Podcast: August 12, 2009 http://tinyurl.com/n8wut3
Salt Lake ranks among most family-friendly cities: http://bit.ly/3aTg7G
Here's our Aug enewsletter with an article on smart phone apps by @amychorew and @hillbecktx President's blog http://bit.ly/Sx3te
25 Interesting Ways to use Twitter in the Classroom http://ow.ly/jGQp (but could be applied to almost any learning environment)
Voices of RE: REALTOR Concerns Prompt Action on Appraisals, Posted by Charles http://bit.ly/HInR6
Take advantage of #nar09 Early Bird Registration, register before Saturday and save $30! http://budurl.com/zetv
RE NEWS: Homeownership in US slips back to 2000 levels of 67%, 2 points of the all time peak. #RETRENDS