Monday, November 16, 2020 / by Jessica Salazar
Monday, July 22, 2019 / by Jessica Salazar
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 jump since May 2018. Compared to last June, renters pay $ ...
Tuesday, June 25, 2019 / by Jessica Salazar
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 established phone numbers to verify any chang ...