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Showing posts with the label Utah Real Estate

Mortgage Rates Fell 3 Weeks in a Row: Should You Buy a Home in Utah Now? (November 2026)

By Carol Sancho , Utah real estate advisor · Homes Now – Presidio Real Estate · November 6, 2026 Mortgage rates have fallen three weeks in a row. Is now a good time to buy a home in Utah? It can be, for buyers who are ready. Freddie Mac's 30-year average fell to 7.18% on November 5, down from 7.40% in early October, and Utah home sales have slowed sharply. That combination gives buyers more negotiating room than they've had all year. The risk is timing: the Federal Reserve meets again December 8–9, and rates could move either way before then. What changed this week Rates eased for a third straight week. Freddie Mac's 30-year fixed average was 7.18% for the week ending November 5, down from 7.24% the week before. The 15-year averaged 6.57%. Daily rates dipped below 7%. Zillow's daily 30-year purchase average was 6.99% on November 5, which Yahoo Finance reported as the first time below 7% since September. Daily and weekly averages come from different source...

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...

Venta Corta (Short Sale) en Utah: Guía para Propietarios y Compradores, Octubre 2026

Por Carol Sancho , asesora inmobiliaria en Utah · Homes Now – Presidio Real Estate · Hablamos español ¿Qué es una venta corta (short sale) en Utah y por qué importa en octubre de 2026? Una venta corta es la venta de una casa por menos de lo que se debe en la hipoteca, con la aprobación del banco. Si usted está atrasado en sus pagos, normalmente es una mejor salida que una ejecución hipotecaria (foreclosure): protege más su crédito y le permite decidir cuándo mudarse. Si usted es comprador, puede ser una oportunidad de comprar en una buena zona con un vendedor motivado. Con tasas por encima del 7%, el tiempo es clave. El mercado de Utah en octubre de 2026 Tasas de interés más altas. La tasa promedio de una hipoteca a 30 años llegó a 7.32% el 22 de octubre de 2026 , según la encuesta semanal de Freddie Mac, frente a 6.71% a principios de septiembre. Para muchas familias, eso significa pagos mensuales más altos o menos casa por el mismo presupuesto. Más ejecuciones hipotec...

Short Sale em Utah: O Que Compradores e Proprietários Precisam Saber em Outubro de 2026

Por Carol Sancho , consultora imobiliária em Utah · Homes Now – Presidio Real Estate · Atendimento em português O que é uma short sale em Utah, e por que ela chama a atenção de compradores em outubro de 2026? Short sale é a venda de um imóvel por um valor menor do que o saldo da hipoteca, com a aprovação do banco. Para o comprador, pode ser uma chance de comprar em um bairro disputado com espaço para negociar. Para o proprietário com pagamentos atrasados, costuma ser uma saída bem melhor do que a execução da hipoteca (foreclosure). Com juros acima de 7% e mais casas à venda, outubro de 2026 abriu espaço para os dois lados. O mercado de Utah em outubro de 2026 Três números ajudam a entender o momento: Juros mais altos. A taxa média do financiamento de 30 anos, segundo a pesquisa semanal da Freddie Mac, chegou a 7,32% em 22 de outubro de 2026 , contra 6,71% no início de setembro. Isso reduz o poder de compra de muitas famílias e deixa mais compradores atentos a preço e c...

Short Sale or Foreclosure in Utah? What Homeowners Behind on Payments Should Know in 2026

By Carol Sancho , Utah real estate advisor · Homes Now – Presidio Real Estate If you're behind on your Utah mortgage, should you choose a short sale or let the home go to foreclosure? For most homeowners who can't catch up and owe more than the home is worth, a lender-approved short sale is the better path. It usually protects your credit and future borrowing far better than a foreclosure, and it lets you control the timing. But Utah's foreclosure clock moves fast once it starts, so the decision has to be made early. Buyers: I currently represent the sellers of a short-sale rambler in Daybreak, South Jordan. See the listing details below. Why this question matters more in Utah right now Foreclosure activity is rising again. ATTOM's mid-year 2026 report found that foreclosure starts nationwide rose 18% and completed foreclosures rose 33% compared with the first half of 2025. Utah was among the ten states with the highest foreclosure rates, with filings on...

What Should Heber, Midway, and Kamas Buyers Take From the June–September 2026 Market?

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What Should Heber, Midway, and Kamas Buyers Take From the June–September 2026 Market? October 2026 Utah Market Review · June–September 2026 What should Heber, Midway, and Kamas buyers take from the June–September 2026 market? The useful takeaway is to focus on property type, ownership obligations, location, and the documents that govern the address. A regional market headline cannot confirm the maintenance, use, association, or utility details of a particular Wasatch Back home. What the June–September review can tell you Real-estate data is most useful when it helps you ask better questions. It is less useful when it is treated as a verdict on every address. The National Association of REALTORS® reported that September existing-home sales nationally rose 1.5% from August to a seasonally adjusted annual rate of 3.99 million, while total inventory reached 1.60 million homes, or 4.8 months of supply. The national median existing-home price was $417,500, up 1.3% from a year earlier. Thes...

Utah Real Estate Market Update 2026: Prices, Rates, Inventory and Local Strategy

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Utah Market Insight Published 2026-09-20 Utah Real Estate Market Update 2026: Prices, Rates, Inventory and Local Strategy Utah Real Estate Market Update 2026: Prices, Rates, Inventory UTAH REAL ESTATE • CAROL SANCHO What is happening in the Utah real estate market in September 2026, and what does it mean for you? Utah’s market is moving at different speeds. August data showed relatively stable statewide pricing, fewer completed sales, more homes for sale, and longer marketing times—conditions that reward local, property-specific strategy. You deserve more than a broad headline when a home, investment, or move is involved. Utah’s real estate conditions vary by county, city, neighborhood, property type, and price range. The right analysis connects market direction to the specific decision in front of you. What to evaluate now Statewide snapshot Redfin reported an August 2026 median sale price of $522,823, down 0.41% year over year. Sales fell 10.6% to 2,954, while homes for sale increase...

Utah Rental Property Analysis: From Advertised Rent to Net Income

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Utah Market Insight Published 2026-09-15 Utah Rental Property Analysis: From Advertised Rent to Net Income Utah Rental Property Analysis: From Advertised Rent to Net Inc UTAH REAL ESTATE • CAROL SANCHO How should you evaluate a Utah rental property before buying or setting the rent? Start with directly comparable rentals, then subtract realistic operating costs and vacancy. Advertised rent is revenue—not profit. You deserve more than a broad headline when a home, investment, or move is involved. Utah’s real estate conditions vary by county, city, neighborhood, property type, and price range. The right analysis connects market direction to the specific decision in front of you. What to evaluate now Use comparable rentals Match property type, location, bedrooms, bathrooms, square footage, condition, parking, finished areas, and outdoor space. Separate asking from achieved rent An active listing shows competition, not necessarily the final lease amount. Track how long comparable propertie...