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What does the 2022 Utah real estate market look like?

What does the 2022 Utah real estate market look like?

by Third Party | Jan 16, 2022 | News/Current Events, Real Estate News

Source: KSL.com—  Living through 2021 (which has felt more like 2020 part two) has been a wild ride. A persistent pandemic, rising gas prices, inflation — there’s been plenty to be anxious about. This is especially true if you’re trying to buy a...
Rising mortgage rates could slow house price surge

Rising mortgage rates could slow house price surge

by Third Party | Jan 16, 2022 | Mortgage Information, News/Current Events

Source: Axios —  Mortgage rates have jumped to their highest level since early 2020. Why it matters: The rising cost of home loans could slow the booming American market for residential real estate. State of play: Across the country, house prices have exploded...
Commercial real estate market healthy, but changes are coming

Commercial real estate market healthy, but changes are coming

by Third Party | Jan 15, 2022 | News/Current Events, Real Estate News

Source: Fox 11 —  RENO, Nev. (News 4 & Fox 11 Team) — As COVID-19 continues to spread, work life is continuing to adapt as work from home or hybrid methods become a reality for many employees. With no clear end to the pandemic in sight, what does the...
Housing Market Update: Home Prices Start New Year at New High

Housing Market Update: Home Prices Start New Year at New High

by Third Party | Jan 15, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Redfin News—  The median home sale price surged 16% year over year during the week ending January 9 to an all-time high of $365,000. Prices keep climbing because the supply drought keeps deepening while demand increases. The number of homes for sale fell...
Coverage could soon be impossible for multifamily real estate insureds to secure

Coverage could soon be impossible for multifamily real estate insureds to secure

by Third Party | Jan 15, 2022 | News/Current Events, Real Estate News

Source: Insurance Business America —  The multifamily real estate insurance market in the United States has hardened significantly over the past few years, resulting in major rate increases and restrictions in coverage terms and conditions. Three prevalent...
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