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...
In 2024 a lot of people predicted that buyer's agent commissions were about to fall off a cliff. Headlines used numbers like 1%. Some predicted the buyer's agent would stop existing. Two years on, there is data. It does not say what either side expected. Short...
For most of living memory, buying new meant paying a premium. You paid extra for nobody having lived there, for the warranty, for the finishes you picked. That relationship has inverted, and the gap is not small. Short answer: the median new home sold for $393,800...
Most buyers ask for a lower price because that is the only lever they know about. Then they find out at closing that they are short on cash, and the price cut they fought for saved them fifty dollars a month. Meanwhile a record share of sellers are already handing...
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...
Every Arizona seller hears the same advice in October: wait until spring. It is repeated so consistently that almost nobody checks it against the state's own listing data. When you do check it, the advice turns out to be imported from somewhere with a real winter,...
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