Registration is now open for the 2025 UAR Convention in Logan. Convention takes place Sept. 3-5 at the Riverwoods Conference Center. We have an amazing line-up of speakers, real estate C.E. classes and social events. We'd love to see you there!
Utah home sales started the year down from 2024 while the median sales price increased slightly. Inventory jumped more than 18%, giving buyers more choices during the home-shopping process, but high mortgage rates continued to hurt affordability.
"More housing supply allows strongly qualified buyers to enter the market," said Lawrence Yun, chief economist of the National Association of REALTORS® in a press release about existing U.S. home sales. "But for many consumers, both increased inventory and lower mortgage rates are necessary for them to purchase a different home or become first-time homeowners."
A new Salt Lake Board of Realtors report expects interest rates to remain between 6% and 7% in 2025 with a modest increases in Salt Lake home sales and prices. ... See MoreSee Less
Thanks again, Kaci, Chris and our great staff and directors, for helping again this year. SLMCs 47th Annual Polar Bear Ride to benefit Make A Wish Utah. Help us help Utah Kids with critical illnesses. Donate or Sign up at polarbearride.com. This Saturday 3-29 at South Valley Harley 8am 8886 Sandy Parkway 84070
Utah ended 2024 with home sales increasing nearly 7% compared to 2023. The final three months of the year had the highest gains with sales up 15% for the fourth quarter. Sales rose about 13% in December alone.
"Home sales in the final months of the year showed solid recovery despite elevated mortgage rates," said NAR Chief Economist Lawrence Yun in a press release about U.S. existing home sales. "Home sales during the winter are typically softer than the spring and summer, but momentum is rising with sales climbing year-over-year for three straight months. Consumers clearly understand the long-term benefits of homeownership. Job and wage gains, along with increased inventory, are positively impacting the market."
Utah Association of Realtors
4 days ago
Registration is now open for the 2025 UAR Convention in Logan. Convention takes place Sept. 3-5 at the Riverwoods Conference Center. We have an amazing line-up of speakers, real estate C.E. classes and social events. We'd love to see you there!
Learn more:
utahrealtors.com/realtors/events/uar-convention/
Register now: registration.allintheloop.net/register/event/uar-convention-2025-logan-utah-b0yy ... See MoreSee Less
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Utah Association of Realtors
4 months ago
Utah home sales started the year down from 2024 while the median sales price increased slightly. Inventory jumped more than 18%, giving buyers more choices during the home-shopping process, but high mortgage rates continued to hurt affordability.
"More housing supply allows strongly qualified buyers to enter the market," said Lawrence Yun, chief economist of the National Association of REALTORS® in a press release about existing U.S. home sales. "But for many consumers, both increased inventory and lower mortgage rates are necessary for them to purchase a different home or become first-time homeowners."
A new Salt Lake Board of Realtors report expects interest rates to remain between 6% and 7% in 2025 with a modest increases in Salt Lake home sales and prices. ... See MoreSee Less
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Comment on Facebook
Thanks again, Kaci, Chris and our great staff and directors, for helping again this year. SLMCs 47th Annual Polar Bear Ride to benefit Make A Wish Utah. Help us help Utah Kids with critical illnesses. Donate or Sign up at polarbearride.com. This Saturday 3-29 at South Valley Harley 8am 8886 Sandy Parkway 84070
Utah Association of Realtors
5 months ago
Utah ended 2024 with home sales increasing nearly 7% compared to 2023. The final three months of the year had the highest gains with sales up 15% for the fourth quarter. Sales rose about 13% in December alone.
"Home sales in the final months of the year showed solid recovery despite elevated mortgage rates," said NAR Chief Economist Lawrence Yun in a press release about U.S. existing home sales. "Home sales during the winter are typically softer than the spring and summer, but momentum is rising with sales climbing year-over-year for three straight months. Consumers clearly understand the long-term benefits of homeownership. Job and wage gains, along with increased inventory, are positively impacting the market."
Utah housing statistics for REALTOR members: utahrealtors.com/realtors/market-statistics/
Utah housing statistics for the public: utahrealtors.com/consumers/resources/statistics/ ... See MoreSee Less
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