You close on a brand-new house. Nobody has ever scuffed the baseboards. Then, a few months in, a crack shows up over a doorway and the back patio starts to tilt. So who fixes it? Most buyers assume "the warranty" does. In Utah, the honest answer depends on a...
The sign's been in the yard for three weeks. The house is spotless every morning, and your phone isn't buzzing. Nobody's said anything bad about the place. Nobody's said much of anything. That silence is information. A listing that sits is telling you something...
The leaves are turning up Big Cottonwood, and you're staring at a house you've half decided to sell. List now, or sit tight until the tulips come up and everyone says the market wakes up? Spring gets all the credit. It also brings the most sellers, and Utah buyers...
Your neighbor's house has had a sign in the yard since July. Mortgage rates just crossed 7%. So you start to wonder whether your home is quietly worth less than it was in the spring. Fair question. The August numbers tell a more specific story than the headlines....
"The Utah market" is really six or seven markets stacked on top of each other. A $425,000 townhome in West Valley and a $1.8 million house in Draper don't compete for the same buyers, and right now they aren't moving at the same speed either. If you're pricing a...
You've got a moving date circled. Maybe it's a new job in Lehi, a smaller place in St. George, or a house you want to buy before somebody else does. Everything else on the calendar waits on one question: how long will your current home take to sell? The answer...
You finally got your spreadsheet to work at 6.6%. Then the number moved five weeks in a row, and this Thursday it crossed a line a lot of buyers were quietly dreading. Seven percent. It's a psychological number as much as a financial one, and it's landing right as...
Your renewal came in higher than last year. Or it did not come at all, and instead you got a nonrenewal letter with a sentence about wildfire exposure in it. Utah now runs a statewide wildfire risk map, state law tells insurers which map they may use when deciding...
The average Utah homeowner with a mortgage is holding more equity than at any point on record. That is a real number from a credible source, published this month. It is also a number that does nothing for you until you do something with it. Here is what the figure...
For most of the last decade, the entry level of the Utah market has been the hardest slice to find. Builders kept building bigger, small older houses got bought and expanded, and the number in your head kept drifting further from the number on the listing. If...
Categories
