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Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years

Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast is predicting the population of Utah will grow by a half-million over the next nine years, which could exacerbate the state’s ongoing housing challenges. According to a report from Brigham Young University’s Daily Universe, the forecast would put Utah’s...
Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud

Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Nashville man was sentenced to four years in prison plus three years of supervised release for his role in a scheme to fraudulently obtain emergency rental assistance designated for households impacted by the Covid-19 pandemic. According to the charges brought...
NAR Voices Support of Trump’s Executive Order on Housing Affordability and Supply

NAR Voices Support of Trump’s Executive Order on Housing Affordability and Supply

by Phil Hall | Jan 21, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors issued a statement of support for President Trump’s Executive Order titled “Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis,” which addresses issues of housing...
New Data Finds Home Prices Still Rising While Rents Continue to Fall

New Data Finds Home Prices Still Rising While Rents Continue to Fall

by Phil Hall | Jan 21, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have determined home prices are continuing to rise while rental housing costs are still in decline. Redfin (NASDAQ: RDFN) reported home prices rose from one year earlier in December across all 50 of the most populous metropolitan areas – the first...
The Casita, Boxabl’s Factory-Built Modular Dwelling, Approved for Sale in Nevada

The Casita, Boxabl’s Factory-Built Modular Dwelling, Approved for Sale in Nevada

by Phil Hall | Jan 21, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Las Vegas-headquartered modular housing manufacturer Boxabl announced that its flagship product, the Casita, was approved under the Residential Building Code in the State of Nevada. The Casita is a factory-built dwelling that covers a 361-square-foot layout that...
Report: 7% Increase in Down Payment Assistance Programs

Report: 7% Increase in Down Payment Assistance Programs

by Phil Hall | Jan 21, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The fourth quarter of 2024 closed with 2,466 down payment assistance programs to help US homebuyers, up by 75 or 7% from one year earlier, according to the Q4 2024 Homeownership Program Index report published by Down Payment Resource (DPR). Grants accounted for the...
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