Unaffordable Utah

(FILE) Two signs advertising bedrooms for rent....
Daniel Woodruff

Rent costs are up nationally, but what about Utah?

While some aspects of inflation are cooling down, the cost of renting has continued rising.
9 days ago
KSL’s Matt Gephardt price shopped several items at traditional grocery stores and specialty food ...
Matt Gephardt

Gephardt Busts Inflation: Will shopping specialty food markets save you money?

To save money on your groceries, a specialty food market might not come to mind. But KSL Consumer Investigator Matt Gephardt found branching out to specialty food markets might help you bust some grocery inflation.
12 days ago
High food prices are squeezing Utah families, and going to the grocery store can be a frustrating e...
Daniel Woodruff

Is grocery shopping ‘frustrating and stressful’? Here are ways to stretch your dollars

High food prices are squeezing Utah families, and going to the grocery store can be a frustrating experience.
13 days ago
SEATTLE, WA - OCTOBER 31: A Redfin real estate yard sign is pictured in front of a house for sale o...
Alex Veiga, AP Business Writer

Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits

Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their homes.
20 days ago
(KSL TV)...
Eliza Pace

Study finds nearly 40% of homeowners don’t believe they could afford their home if buying today

A new study shows 40% of U.S. homebuyers don't believe they could afford their home if they bought it today.
23 days ago
New homes on a street lined with new homes built by DR Horton in Lehi. (Greg Anderson, KSL TV)...
Lindsay Aerts

Utahns are ‘fed up and priced out,’ new Utah survey finds

The study conducted by the Utah Foundation reveals that housing affordability and politicians ignoring voters are the top two concerns among Utahns.
26 days ago
FILE — Automobile traffic jams Route 93 South, Wednesday, July 14, 2021, in Boston. (AP Photo/Cha...
Daniel Woodruff

Simple ways to fight back against rising insurance costs

It’s one of the most painful parts of inflation right now – rising insurance costs.
1 month ago
A billboard advertising mortgage rates for buying a house in April 2024....
Daniel Woodruff

‘I got frustrated and gave up’: High mortgage rates keep some Utah homebuyers on the sidelines

Some Utah homebuyers are beginning to give up on owning a home as mortgage rates continue to gatekeep them.
1 month ago
FILE - Moab is pictured on Friday, Sept. 17, 2021. A trailer park in the city, referred to as the W...
Mary Culbertson

Moab trailer park residents forced into eviction by city after insurance complications

A community in a Moab trailer park is facing eviction, after they waited for six years for an affordable housing project to complete.
1 month ago
New townhomes...
Eliza Pace

Utah ranked No. 5 worst state to find a starter home

In a recent study, Utah was ranked the fifth worst state to find a starter home. Here's why.
1 month ago
A new study highlighted six "million-dollar cities" in Utah with an average listed home price of ov...
Daniel Woodruff

Utah has more ‘million-dollar cities’ as home prices climb

A new Zillow study put Utah in the top 15 states with the most "million-dollar cities." But other places in Utah aren't incredibly less expensive, economists say.
2 months ago
Lehi homes...
Daniel Woodruff

Governor highlights bills to help Utah homebuyers, but will they make a difference?

Gov. Spencer Cox on Thursday highlighted several new bills he just signed into law that are aimed at getting more buyers into the market.
2 months ago
a sign announcing rent...
Daniel Woodruff

Utah senators kill compromise bill giving tenants more notice of rent increases

A Utah lawmaker’s push to give tenants more notice of rent increases hit a wall as Republicans on a Senate committee voted not to advance it.
3 months ago
Homes under construction...
Daniel Woodruff

Utah lawmakers eye changes to first-time homebuyer program

Utah's new first-time homebuyer program could soon be changing.
4 months ago
two flags in front of the Utah Capitol...
Daniel Woodruff

Proposal to expand Utah’s earned income tax credit stalls at Legislature

A bill that would have expanded Utah’s earned income tax credit by making it refundable failed to pass out of a legislative committee Tuesday afternoon.
4 months ago
Utahns are struggling more than most in paying our credit card bills on time....
Matt Gephardt

Why Utahns struggle more than most of the nation with their credit card bills

Utahns are struggling more than most to pay their credit card bills on time.
4 months ago
home for sale...
Matt Gephardt and Sloan Schrage, KSL TV

How a little-known insurance report can save homebuyers thousands

You've heard the phrase, “If these walls could talk.” Boy, wouldn't it be nice if it was that easy when you're buying a home that its walls could tell you what they’ve been through?
4 months ago
Noemi Bustamante, co-owner of "Noemi's Cafe" working at the front of the store....
Shelby Lofton and Michael Houck

Mother-son business duo share restaurant’s financial struggles on social media

A family-owned Chilean restaurant is asking for the community's help as money struggles may force them to close.
5 months ago
DECEMBER 18: An unhoused person sleeps on at a bus stop on December 18, 2023 in Austin, Texas. The ...
Kevin Freking, Associated Press

US homelessness up 12% to highest reported level as rents soar and coronavirus pandemic aid lapses

The United States has experienced a 12% increase in homelessness, to its highest reported level. Federal officials Friday said soaring rents and a winding down of coronavirus pandemic assistance combined to put housing out of reach for more Americans.
5 months ago
Utah Gov. Spencer Cox speaking about his budget proposal for 2025 with the focus on getting starter...
Mike Anderson

Gov. Cox reveals 2025 budget plan with focus on starter homes

Governor Spencer Cox released his budget plans for 2025 Tuesday that he will now pass on to the legislature for review. Among his top priorities is a focus on bringing more starter homes to Utah.
6 months ago
St. George home construction...
Katie McKellar, Deseret News

4 Utah markets make U.S. top 25 list of falling home prices

Nationally, the U.S. housing market has been resilient even in the face of mortgage rates over 7%.
6 months ago
apartment...
Matt Gephardt and Sloan Schrage

Rent prices drop along Wasatch Front, but for how long?

After more than a decade of increases, rent prices along the Wasatch Front are dropping as Utah finally follows the national trend. But renters here shouldn’t expect it to last.
7 months ago
File - A sign announces newly built homes in Sudbury, Ma., on March 12, 2023. On Thursday, Freddie ...
Alex Veiga, AP Business Writer and Ladd Egan, KSL TV

The average long-term US mortgage rate surges to 7.49%, its highest level since December 2000

The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000.
8 months ago
Toddlers dance during play time at Living Water Child Care and Learning Center as center director J...
Associated Press

Child care programs just lost thousands of federal dollars. Families, providers scramble to cope

After two years of receiving federal subsidies, 220,000 child care programs across the country were cut off from funding Saturday Utah
8 months ago

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