News From Utah
Timely, relevant and useful information about Utah and other parts of the country related to real estate, finance and policy issues for homeowners and prospective homeowners.
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The average length of time for people to own a home in Ogden is 10 years, which shows the market has a staying power when it comes to settling down.
A proposal to reform taxes in Utah will be presented to the state legislature when it convenes for a special session on Dec. 13.
Year to date, the median price of a home in Utah is now over $264,000 — a nearly 9% increase from 2016.
The Utah Association of REALTORS® works to promote affordable housing in Utah. So it was no surprise when REALTORS® supported legislation that would make it easier for low-income families to purchase or rent a home.
Utah’s booming economy, high job growth and low interest rates led the state to a record-breaking year for home sales in 2016. Statewide, Utah Realtors sold 49,399 homes, townhomes and condominiums.
The Utah Association of REALTORS® is working towards preserving clean air in the state while protecting homeowners from undue government regulations.