The City of South Jordan and Ivory Homes announced the completion of nine new affordable homes for city and local school district employees through a workforce housing collaboration.
Home prices in Utah continued moving higher as the median sales price reached a record high of $405,000 in March, according to data compiled by the Utah Association of Realtors.
With the price of lumber skyrocketing, real estate experts are warning homebuyers to pay close attention to contracts with builders and understand who is responsible for rising construction costs.
It’s a common story heard throughout Utah’s housing industry: Californians are arriving with plenty of cash in hand, outbidding local homebuyers and driving up the costs of housing; but an analysis by the Utah Foundation finds that does not seem to be the reason for steep increases in home and rental prices.
Homebuyers in the Beehive State are facing intense competition and bidding wars due to strong demand and a lack of available homes for sale, according to real estate experts.
Demand isn’t the only thing driving up the cost of a new home. Out-of-control lumber prices have added tens of thousands of dollars to the price of construction, according to a national analysis.
Throughout the past year, we have been reporting on an eviction crisis: renters who lost their jobs have faced losing their homes too. Now, some frightening new numbers show homeowners are also worried about making their housing payments.
Before the pandemic, finding child care during summer months was difficult and expensive. It could be worse this summer, as child care providers recover from slashed capacity and funding.
Dozens of renters in Salt Lake City found eviction notices on their doors last weekend, telling them their building had been sold and they had until the end of this month to be out.
Women abandoned the workforce at an alarming pace in September, raising new fears that women are bearing the brunt of the pandemic and that it could have lasting impacts on their careers.
Don’t skip mortgage payments unless absolutely necessary, lending experts warned on Monday as concern and confusion pile up about potential consequences of forbearance programs.
Bankers and state leaders are trying to spread the word about financial life preservers to help companies keep the lights on, pay rent and hold on to employees.
Many Utahns have faced sudden and serve hardships due to the coronavirus pandemic, but individuals and families can take steps now to manage their finances.
Welcoming a bundle of joy is now leaving families with a bundle of bills as out-of-pocket costs for maternity care have increased nearly 49% in recent years.
Americans now owe a staggering $1.5 trillion in education loans, according to the Federal Reserve. The average student carries a loan balance of $37,000.
Wall Street bounced back a bit Thursday, finishing up 100 points after dropping 800 points Wednesday. It was the worst day of the year for the market. The drop triggered fears of a possible recession.
Thinking of skipping the “vacation” part of “summer vacation” this year? If so, you’re not alone. The experts suggest planning ahead and thinking outside the box in order to make a summer vacation affordable.