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Showing posts with the label Market Trends

What Do the 2026 Election Results Mean for Utah Home Buyers and Sellers?

By Carol Sancho , Utah real estate advisor · Homes Now – Presidio Real Estate · Updated November 4, 2026 Do the November 3, 2026 election results change whether you should buy or sell a home in Utah? Not directly. Elections don't set mortgage rates; inflation, Treasury yields and global events do. What changed this week is mostly policy direction for 2027. What matters for your move right now hasn't changed: rates near 7.2%, fewer Utah homes going under contract, and a Salt Lake County property tax bill due November 30. For prepared buyers, that combination means more room to negotiate this winter. What happened on November 3 In Utah: Voters rejected Amendment B , which would have required 60% voter approval for citizen initiatives that raise taxes. The Associated Press projected the result on election night, with about 62% voting no in early returns. Amendment A , which changes how proposed constitutional amendments are published, appeared headed to pass with ab...