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Utah home sales increased in September as buyers took advantage of the lowest mortgage rates of the year. Conditions for Utah home buyers have improved as a result of measurable declines in mortgage rates since last year and increased housing inventory. Although much more affordability progress is needed, UAR's Housing Affordability Index improved 7% over September 2023.
Statistics for members: utahrealtors.com/realtors/market-statistics/
Statistics for the public:
utahrealtors.com/consumers/resources/statistics/
UAR President Adam Kirkham wrote an op-ed that appeared in the Daily Herald and Standard-Examiner about the new real estate changes and how working with a Utah REALTOR® will help consumers navigate the changes. National Association of REALTORS® Northern Wasatch Association of Realtors NWAOR
www.heraldextra.com/news/opinion/local-guest-opinions/2024/aug/31/guest-opinion-what-national-rea...
www.standard.net/opinion/guest-commentary/2024/aug/31/guest-opinion-what-national-real-estate-cha...
Well said, Adam! This explains what is happening in the real estate market in a nutshell. Lori Khodadad Coldwell Banker Realty
Great info Adam:)
Well done
So...you bought a newspaper, took a picture of it with a smart phone, uploaded the photo to social media, and then shared the link to the article on social media? Yeah, I'd say this is a sign that Realtors are behind the times.
Brian Swan Did you see this? The DOJ's just licking their chops 😂
UAR Vice President Stephanie Taylor recently went on Studio 5 to discuss the recent real estate changes and explain how using a REALTOR® will help consumers navigate the new complexities. National Association of REALTORS® Studio 5 Brooke Walker #studio5
Also, the agreement signed by the buyer will explain agency and the Realtor’s fiduciary duty to represent the buyer honestly and to watch out for the buyer’s interests. The payment is part of the agreement but there is more to the agreement than just the compensation. There are disclosures to the buyer as well. All of these things benefit the buyer by having their own advocate and advisor.
Great job. The best explanation I've seen so far.
Nice work Stephanie! Of course the real star of the show was Adam Kirkham! Wow! Does he know how to work a cameo???
Am I understanding this correctly- that a buyer would have to sign a contract with a realtor before even looking at a home? Or is it only the seller that would need to sign a contract? I’m not sure about signing a contract as a buyer before even seeing a home… wouldn’t it be better for the buyer to find a potential home satisfactory to what they want before locking into a contract with a realtor? Once you lock in, it could still take a long time to find the right home- & what if a buyer wants to go with a different realtor if they aren’t finding much? Or maybe I’m understanding this wrong… does this only apply to the seller?
5 minutes to explain such a complex issue is impressive. Well done! 🙌🏼
Great job!
Awesome job Stephanie Taylor! That was such a great explanation
Stephanie Taylor rocks!!! You are the best at explaining all the changes and thank you for all you do and all your knowledge❣️❣️❣️❣️
Excellent explanation !
Great job Stephanie Taylor!
Nice job Stephanie Taylor!
Stephanie Taylor 👏🏻👏🏻👏🏻
Utah Association of Realtors
7 days ago
Utah home sales increased in September as buyers took advantage of the lowest mortgage rates of the year. Conditions for Utah home buyers have improved as a result of measurable declines in mortgage rates since last year and increased housing inventory. Although much more affordability progress is needed, UAR's Housing Affordability Index improved 7% over September 2023.
Statistics for members: utahrealtors.com/realtors/market-statistics/
Statistics for the public:
utahrealtors.com/consumers/resources/statistics/ ... See MoreSee Less
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Utah Association of Realtors
2 months ago
UAR President Adam Kirkham wrote an op-ed that appeared in the Daily Herald and Standard-Examiner about the new real estate changes and how working with a Utah REALTOR® will help consumers navigate the changes. National Association of REALTORS® Northern Wasatch Association of Realtors NWAOR
www.heraldextra.com/news/opinion/local-guest-opinions/2024/aug/31/guest-opinion-what-national-rea...
www.standard.net/opinion/guest-commentary/2024/aug/31/guest-opinion-what-national-real-estate-cha... ... See MoreSee Less
Share on FacebookShare on TwitterShare on Linked InShare by Email
Comment on Facebook
Well said, Adam! This explains what is happening in the real estate market in a nutshell. Lori Khodadad Coldwell Banker Realty
Great info Adam:)
Well done
So...you bought a newspaper, took a picture of it with a smart phone, uploaded the photo to social media, and then shared the link to the article on social media? Yeah, I'd say this is a sign that Realtors are behind the times.
Brian Swan Did you see this? The DOJ's just licking their chops 😂
View more comments
Utah Association of Realtors
2 months ago
UAR Vice President Stephanie Taylor recently went on Studio 5 to discuss the recent real estate changes and explain how using a REALTOR® will help consumers navigate the new complexities. National Association of REALTORS® Studio 5 Brooke Walker #studio5 ... See MoreSee Less
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Share on FacebookShare on TwitterShare on Linked InShare by Email
Comment on Facebook
Also, the agreement signed by the buyer will explain agency and the Realtor’s fiduciary duty to represent the buyer honestly and to watch out for the buyer’s interests. The payment is part of the agreement but there is more to the agreement than just the compensation. There are disclosures to the buyer as well. All of these things benefit the buyer by having their own advocate and advisor.
Great job. The best explanation I've seen so far.
Nice work Stephanie! Of course the real star of the show was Adam Kirkham! Wow! Does he know how to work a cameo???
Am I understanding this correctly- that a buyer would have to sign a contract with a realtor before even looking at a home? Or is it only the seller that would need to sign a contract? I’m not sure about signing a contract as a buyer before even seeing a home… wouldn’t it be better for the buyer to find a potential home satisfactory to what they want before locking into a contract with a realtor? Once you lock in, it could still take a long time to find the right home- & what if a buyer wants to go with a different realtor if they aren’t finding much? Or maybe I’m understanding this wrong… does this only apply to the seller?
5 minutes to explain such a complex issue is impressive. Well done! 🙌🏼
Great job!
Awesome job Stephanie Taylor! That was such a great explanation
Stephanie Taylor rocks!!! You are the best at explaining all the changes and thank you for all you do and all your knowledge❣️❣️❣️❣️
Excellent explanation !
Great job Stephanie Taylor!
Nice job Stephanie Taylor!
Stephanie Taylor 👏🏻👏🏻👏🏻
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