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Conforming loan limits for most counties in Utah for one-unit dwellings will be $806,500 in 2025, an increase of nearly $40,000 from the 2024 limit, according to an announcement today from the Federal Housing Finance Agency. The limits in Summit, Wasatch and Wayne counties remain unchanged from their 2024 levels. Learn more: www.fhfa.gov/news/news-release/fhfa-announces-conforming-loan-limit-values-for-2025 ... See MoreSee Less

Conforming loan limits for most counties in Utah for one-unit dwellings will be $806,500 in 2025, an increase of nearly $40,000 from the 2024 limit, according to an announcement today from the Federal Housing Finance Agency. The limits in Summit, Wasatch and Wayne counties remain unchanged from their 2024 levels. Learn more: https://www.fhfa.gov/news/news-release/fhfa-announces-conforming-loan-limit-values-for-2025

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

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, UARs Housing Affordability Index improved 7% over  September 2023. 

Statistics for members: https://utahrealtors.com/realtors/market-statistics/

Statistics for the public: 
https://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...
... See MoreSee Less

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 

https://www.heraldextra.com/news/opinion/local-guest-opinions/2024/aug/31/guest-opinion-what-national-real-estate-changes-mean-for-homebuyers-and-sellers-in-utah/

https://www.standard.net/opinion/guest-commentary/2024/aug/31/guest-opinion-what-national-real-estate-changes-mean-for-homebuyers-and-sellers-in-utah/

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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 😂

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