Morgan
Real Estate
Can Utah plan its way out of its housing crisis? Here’s how it’s trying
Even as today’s high mortgage rates are putting pressure on the U.S. housing market, housing affordability is still a major problem, especially in growing states like Utah. Even though many factors influence home prices, here’s what cities in Utah are trying to do differently to tackle the state’s housing shortage and affordability crisis. Is it enough?
Here are the ten cities with the biggest home price drop since June
The median list price in Austin now stands at $558,275, a 10.3 percent decline since prices peaked in June. The Federal Reserve has raised interest rates by 1.5 percent since June in a bid to cool inflation, hikes that are contributing to a cooling housing market and higher monthly mortgage payments.
Ogden loan program helps home buyers with their down payment
OGDEN, Utah (ABC4) – Even as the housing market begins to stabilize in Utah, many potential buyers are still finding themselves out of luck. However, one program in Ogden may help change that luck for those looking to make the city home. Own in Ogden is a down payment loan program that provides up to $20,000 in […]
It’s essential to note our commitment to transparency:
Our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. As a platform hosting over 100,000 pieces of content published daily, we cannot pre-vet content, but we strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation.