Unaffordable Utah

A new report by the Kem C. Gardner Policy Institute links housing affordability to indirect and dir...
Ashley Fredde, KSL.com

New Utah report links housing affordability to negative health outcomes

A new report by the Kem C. Gardner Policy Institute links housing affordability to indirect and direct health impacts for Utahns.
12 days ago
On Utah's Capitol Hill, lawmakers say they're trying to help first-time homeowners by pushing a num...
Daniel Woodruff

‘Locked in’: Nearly 3 out of 4 Utah homeowners have mortgage rate below 4%

A significant number of homeowners are sitting on mortgage rates much lower than what is available today.
23 days ago
(FILE) - A sign advertising McEwen Realtors for a basement apartment that's available on Aug. 16, 2...
Daniel Woodruff

How new rules taking effect will impact Utah homebuyers and sellers

After a major settlement between realtors and home sellers, the rules regarding buying and selling a home are about to change.
1 month ago
A sign is seen near a home being remodeled, Wednesday, Oct. 12, 2022, in Towson, Md. Would-be homeb...
Alex Veiga, AP Business Writer

Average rate on a 30-year mortgage ticks up to 6.49%, near its lowest level in more than a year

The average rate on a 30-year mortgage edged higher this week, holding close to its lowest level in more than a year.
1 month ago
A sign in Salt Lake City advertising a mortgage rate of 6.128%....
Daniel Woodruff

With lower mortgage rates, is now the time to refinance your home?

Newly falling mortgage rates have led to a surge of interest in refinancing according to lenders.
1 month ago
A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank head...
Daniel Woodruff

Should Utahns worry about a recession after the latest jobs report?

The U.S. economy added fewer jobs than expected, and unemployment ticked up, sending the stock market diving. So, are we heading towards a recession?
2 months ago
The cost of homeowner's insurance in Utah has risen by double digits since 2022, impacting both cur...
Daniel Woodruff

Cost of homeowner’s insurance in Utah up by double digits each year since 2022

Homeowner's insurance costs have risen by double-digit percentages for the last three years. The Utah insurance commissioner has concerns, and advice.
3 months ago
A Redfin sign listing a Utah home for sale....
Daniel Woodruff

Utah’s median home price rises to $500k despite high mortgage rates

Even with high mortgage rates, Utah's home prices are still going up, as the median price for a home in the state is $500,000.
3 months ago
A group of graduates at their ceremony....
Karah Brackin

AI and budgeting are the biggest challenges for newer graduates, experts say

With graduation season in full swing, the “real world” challenges graduates face may look a little different this year.
4 months ago
(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.
4 months 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.
4 months 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.
4 months 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.
5 months 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.
5 months 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.
5 months 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.
5 months 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.
5 months 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.
5 months 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.
5 months 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.
6 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.
6 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.
7 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.
7 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.
8 months ago

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