A sizzling hot housing market is pushing Utah home sales to new records. That’s according to a new report that says Utah Realtors sold the most homes ever during the month of May. The records, which date back to 2003, show a 6 percent increase in statewide sales, according to the Utah Association of Realtors. That’s up from an exceptional month last year. This May, Utah Realtors sold nearly 5,000 properties, an increase of about 300 sales from 2015. The hot real estate market extended to Northern Utah, especially as buyers looked for more housing choices close to Salt Lake. In Weber County, where buyers sought more affordable homes, real estate sales rose 10 percent. Davis County boasted a 4 …
Ogden Named Top City for Young Buyers
Despite the obstacles of student loan debt and rising home prices, young buyers still have a feasible path to homeownership. In fact, a national study recently named Salt Lake and Ogden as two of the top areas for buyers under 35. The National Association of Realtors studied employment growth, population trends, incomes and housing conditions in the nation’s 100 largest metropolitan statistical areas to identify the best places for millennials who are buying their first homes. The report defines millennials as buyers under 35 years old. “Even with potentially higher incomes, prospective millennial homebuyers residing in some of the most expensive cities in the country face the onerous task of paying steep rents while trying to save for an adequate …
Agent Safety is Top Priority
With the murder of real estate agent, Beverly Carter, her son is urging for greater safety measures to be taken to prevent this from happening to someone else. With the tragic murder, it is important for agents to make safety a top priority and REALTOR® associations across the country are taking extra precautions to train and ensure safety for agents. There are some apps and ‘smart jewelry’ worth checking out to stay safe. In addition to using technology to stay safe, here are a few more things you can do to stay safe: Always let your office and one personal contact know where you are at all times. Never agree to a private showing unless you’ve already met the client …