Kearns
REAL ESTATE
Salt Lake City apartments are getting smaller
Data: RentCafe; Chart: Alice Feng/AxiosBigger apartments are back — unless you live in Salt Lake City. The big picture: Developers nationwide are catering to people who want more space while they postpone buying a house or spend time working from home.The average U.S. apartment built in 2023 measured 916 square feet, a 27-square-foot rebound from the previous year, per a recent report from RentCafe, a rental listing website.Yes, but: Salt Lake City, along with cities like San Diegoa and Arlington, Virginia, are bucking the national trend.All three cities are among the top 10 cities with the smallest apartments being built...
Half of homebuyers experience remorse. Here’s how to help avoid regrets about your new home
SALT LAKE CITY — The odds are nearly one-out-of-two that a homebuyer will have at least one regret about their purchase. So says a new study Bankrate shared with the KSL Investigators. “The question ultimately about a regret is if I knew back when what I know right now,...
Microstudio and Co-Working Development to Open in Salt Lake City
SALT Development will soon open Salt Lake Crossing, a luxury microstudio and co-working development. The new living experience includes 300 units divided between open concept one-bedrooms and fully furnished microstudios, with short-term rentals also available. The Work Club, a three-floor dedicated co-working space for residents and the public, also includes...
Pandemic boomtowns are still booming, sort of
A handful of cities that saw prices surge during the pandemic — and seemed poised for a major correction — appear to be holding steady, according to a recent analysis by CoreLogic. Relatively affordable metros like Austin, Boise, Phoenix and Salt Lake City experienced an influx of new...
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