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These new Utah laws take effect Wednesday

These new Utah laws take effect Wednesday

Bridger Beal-Cvetko, KSL.com and Daniel Woodruff, KSL-TV  |  Posted May 7 - 6:12 a.m.

Many new laws are taking effect this week, two months after the Utah legislative session ended.
New coalition aims to create better understanding between landlords, tenants

New coalition aims to create better understanding between landlords, tenants

Daniel Woodruff, KSL-TV  |  Posted May 6 - 4:01 p.m.

A new effort in Utah, the Landlord and Community Partners Coalition, aims to keep more renters in their homes.
There's a widening gap between home listing and sale prices. What that means for buyers

There's a widening gap between home listing and sale prices. What that means for buyers

Lisa Riley Roche, Deseret News  |  Posted May 5 - 7:58 a.m.

Sellers increasingly want more for their houses than buyers are willing to pay.
Mortgage payments hit a record high in April

Mortgage payments hit a record high in April

Lisa Riley Roche, Deseret News  |  Posted May 3 - 7:47 a.m.

The median U.S. monthly mortgage payment reached a record $2,870 last month, thanks to continuing increases in home prices and high mortgage rates, according to new data from Redfin, the nation's largest brokerage website.
Homebuilders offer bigger incentives to lure buyers

Homebuilders offer bigger incentives to lure buyers

Lisa Riley Roche, Deseret News  |  Posted May 2 - 2:05 p.m.

With the number of unsold newly built homes hitting the highest level since 2009, builders are trying to lure buyers by buying down mortgage rates, cutting prices, and upgrading features, The Wall Street Journal reported.
Renting costs a lot less than buying a home, especially in the West

Renting costs a lot less than buying a home, especially in the West

Lisa Riley Roche, Deseret News  |  Posted April 27 - 7:12 p.m.

The Salt Lake metro area has the nation's fifth-highest gap between what it costs to rent versus buy a place to live, according to a new study released Wednesday.
Is Utah's spring housing market about to blossom or will it wilt this year?

Is Utah's spring housing market about to blossom or will it wilt this year?

Lisa Riley Roche, Deseret News  |  Posted April 27 - 10:02 a.m.

The spring housing market in Utah is oddly unpredictable.
Sales of existing homes in the US fell in March

Sales of existing homes in the US fell in March

Lisa Riley Roche, Deseret News  |  Posted April 25 - 8:28 a.m.

Sales of existing homes in the United States fell 5.9% in March, the biggest monthly decline in more than two years.
US new home sales jump in March; supply still rising

US new home sales jump in March; supply still rising

Lucia Mutikani, Reuters  |  Posted April 24 - 8:41 a.m.

Sales of new U.S. single-family homes increased more than expected in March as buyers rushed to take advantage of a decline in mortgage rates, but a gloomy economic outlook poses a challenge to the housing market recovery.
Are increases in home prices slowing down?

Are increases in home prices slowing down?

Lisa Riley Roche, Deseret News  |  Posted April 24 - 6:13 a.m.

U.S. home prices went up again in March, but by just 0.2% from a month earlier as a new analysis shows the pace of the increase is the slowest since December 2022.
Hurricane officials weigh in on water conservation plan proposed for new housing developments

Hurricane officials weigh in on water conservation plan proposed for new housing developments

Leah Call, St. George News  |  Posted April 21 - 12:33 p.m.

Washington County is facing critical water challenges, and local leaders are exploring innovative solutions to manage dwindling resources.
30-year mortgage rate dropped last week, applications surged

30-year mortgage rate dropped last week, applications surged

Ann Saphir, Reuters  |  Posted April 9 - 10:52 a.m.

The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications.
Ex-Redwood Drive-in and Swap Meet site cleared; displaced vendors mull Grantsville site

Ex-Redwood Drive-in and Swap Meet site cleared; displaced vendors mull Grantsville site

Tim Vandenack, KSL.com  |  Posted April 7 - 7:10 p.m.

The former Redwood Drive-in and Swap Meet site, to be redeveloped, has been cleared, and the displaced vendors are mulling a new location in Grantsville.
Here's how much more buying rather than renting costs in Salt Lake City

Here's how much more buying rather than renting costs in Salt Lake City

Lisa Riley Roche, Deseret News  |  Posted April 7 - 8:42 a.m.

Buying a home in Salt Lake City is more than two times as expensive as renting, a new analysis shows.
How many Americans have 'locked in' mortgages at less than 6%?

How many Americans have 'locked in' mortgages at less than 6%?

Lisa Riley Roche, Deseret News  |  Posted April 5 - 10:17 a.m.

Mortgage rates have been above 6% in the U.S. since September 2022, but 82% of Americans have rates below that benchmark, Realtor.com reported Wednesday.
How Trump's new tariffs are affecting mortgage rates

How Trump's new tariffs are affecting mortgage rates

Lisa Riley Roche, Deseret News  |  Posted April 4 - 8:03 a.m.

Mortgage rates have slowly been sliding downward since reaching above 7% in January, but will President Donald Trump's sweeping new tariffs reverse that trend?
Average US rate on a 30-year mortgage dips to 6.64% for the second drop in 2 weeks

Average US rate on a 30-year mortgage dips to 6.64% for the second drop in 2 weeks

Alex Veiga, Associated Press  |  Posted April 3 - 4:32 p.m.

The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season.
What the governor's housing adviser says about Utahns who might leave due to home prices

What the governor's housing adviser says about Utahns who might leave due to home prices

Lisa Riley Roche, Deseret News  |  Posted April 1 - 12:53 p.m.

A recent poll shows that a significant number of Utahns have considered moving out of state because of high housing costs.
Poll: A third of Utahns say housing costs are so expensive they've considered moving out of state

Poll: A third of Utahns say housing costs are so expensive they've considered moving out of state

Lisa Riley Roche, Deseret News  |  Posted March 29 - 7:05 p.m.

The price of housing is causing a significant number of Utahns to think about leaving the state for some place that's more affordable, according to a new poll.
In one of Utah's fastest-growing resort areas, short-term rentals hit a turning point

In one of Utah's fastest-growing resort areas, short-term rentals hit a turning point

Katie Workman for KSL.com  |  Posted March 29 - 2:16 p.m.

After a decade of massive resort development in Ivins, Washington County, tourism is at a major turning point.
Here are the hottest neighborhoods for homebuyers in the country

Here are the hottest neighborhoods for homebuyers in the country

Lisa Riley Roche, Deseret News  |  Posted March 28 - 2:47 p.m.

Don't look for any Utah addresses in a new Top 10 list of the country's hottest neighborhoods for homebuyers.
Century-old former Salt Lake hotel finds new life in addressing city's latest need

Century-old former Salt Lake hotel finds new life in addressing city's latest need

Carter Williams, KSL.com  |  Posted March 26 - 6:19 a.m.

The historic Stratford Hotel is now home to dozens of permanent supportive housing units, along with services that experts say could help the state reduce homelessness.
Ivins mayor announces partnership to protect 'cherished pieces' of land

Ivins mayor announces partnership to protect 'cherished pieces' of land

Nick Fiala, St. George News  |  Posted March 24 - 11:35 a.m.

Ivins City is moving forward on a partnership to preserve "cherished" lands in Southern Utah.
Utah real estate agent breaks down anticipated impacts on housing market from tariffs

Utah real estate agent breaks down anticipated impacts on housing market from tariffs

Shelby Lofton, KSL-TV  |  Posted March 21 - 10:05 a.m.

Experts are warning homeowners about anticipated changes to the housing market. Policy changes from the White House are impacting buyers and sellers alike.
Ogden debates using repurposed shipping containers as Salt Lake City project moves forward

Ogden debates using repurposed shipping containers as Salt Lake City project moves forward

Tim Vandenack, KSL.com  |  Posted March 20 - 3:02 p.m.

Ogden leaders are debating whether to allow repurposed shipping containers as a Salt Lake City apartment complex made of containers starts the search for tenants.
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