Monday, July 22, 2019 / by Jessica Salazar 801.416.3344
Utah Mid-Year Rent Report – June 2019
July 15, 2019
4 Min Read
The U.S. average rent increased by 3.2% ($45) year over year reaching $1,465 in June 2019, up by 0.8% ($12) month over month, according to Yardi Matrix data.
Pleasant Grove, UT renters saw the highest monthly rent increase in June, reaching $1,174 per month.
Provo apartments are the most expensive among the state’s cities, while apartments in Ogden have the cheapest rents.
Mid-year the national average rent sees a spike as peak rental season is in full effect
In true seasonality fashion, June brings rent increases consistent with the end of the second quarter. Nationally, average rent prices reached $1,465 following a 3.2% annual increase and up 0.8% since last month — the highest monthly j ...
Tuesday, June 25, 2019 / by Jessica Salazar 801.416.3344
Utah Division of Real Estate announces statewide campaign to warn of growing email scam
by Jennifer Weaver
Monday, June 24th 2019
(KUTV) — The Utah Division of Real Estate launched a new public outreach campaign to warn the public of an email scam that targets property transactions.
Francine A. Giani, executive director of the Utah Department of Commerce, announced Monday that a rapidly growing scam coerces respondents into wiring payments and other high dollar real estate proceeds to con artists’ accounts.
Giani said in a prepared statement:
Utah’s real estate market is red hot and scammers are looking to profit millions off the backs of our hard-working citizens. Be smart and question any email message that looks different from what your real estate agent or title company instructed you to do. If something seems off, call your agent or title company over previously estab ...
Monday, June 24, 2019 / by Jessica Salazar 801.416.3344
Knowledge is power, ever heard that saying?
By knowing what things are selling for and average statistics you can
-make a strong offer
And know where to buy!
Each area is different.
Every Tuesday at 7 I’ll be doing a Facebook live to answer questions and look up areas so make sure to tune in!
Today’s report is based on Weber county
June 24 2019
296 homes sold
Median price was $270k
Median sales price vs original list 100%
Median days on market 13
Tuesday, May 28, 2019 / by Jessica Salazar 801.416.3344
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In this April 27, 2019, photo, Andy and Stacie Proctor stand in front of their new home in Vineyard, Utah. For some millennials looking to buy their first home, the hunt feels like a race against the clock. The Proctors ultimately made a successful offer on a three-bedroom house for $438,000 in Vineyard. (AP Photo/Rick Bowmer)
SALT LAKE CITY (AP) — For millennials looking to buy their first home, the hunt feels like a race against the clock.
In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real estate industry data provided by CoreLogic.
That gap is driving some first-timers out of the most expensive cities as well as pressuring them to buy something before they are completely priced out of the market.
The high cost of home ownership is also putting extreme pressure on 20- and 30-somethings as they try to balance mortgage ...