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Tag: Housing

Affordability Top Voter Concern As Utah Legislature Returns

Affordability Top Voter Concern As Utah Legislature Returns

(Salt Lake City, UT) — Affordability is the top issue among voters as the Utah State Legislature starts a new session today. A poll by the Deseret News and the Hinckley Institute of Politics shows housing affordability is the dominant issue across party lines. Health care and water are also […]

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Utah Ranks Tenth for High Housing Costs as Share of Income

Utah Ranks Tenth for High Housing Costs as Share of Income

(Salt Lake City, UT) — A WalletHub study reveals that Utah ranks tenth in the nation for the highest housing costs as a percentage of median monthly household income. On average, Utah homeowners spend over 30-percent of their income on mortgage and utility payments, totaling just over 24-hundred-dollars a month. […]

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Utah Lawmakers Address Elections, Housing, and Judicial Reforms

Utah Lawmakers Address Elections, Housing, and Judicial Reforms

(Salt Lake City, UT) — Utah’s 45-day legislative session kicks off with over 500 bills on the table, focusing on election reforms, the housing crisis, and judicial changes. Judicial reforms, including potential term limits for judges, are also under discussion. To tackle the housing crisis, bills aim to ease construction […]

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Utah Sues Feds Over Housing Standards

Utah Sues Feds Over Housing Standards

(St. George, UT) — Utah is going after the federal government over housing efficiency standards. The Beehive State filed a lawsuit earlier this month against the Biden administration for what they called “radical, green mandates,” claiming it will make affordable housing more expensive. The suit calls the standards, which can […]

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Utah Shows Increase In Median Home Prices

Utah Shows Increase In Median Home Prices

(Salt Lake City, UT) — Median home prices in Utah are higher than a year ago. A Bankrate report notes that in May that home price was almost 523-thousand dollars, which is about a two-point-four percent increase over 2023. The West and Northeast are the least affordable areas of the […]

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Salary Needed To Become New Homeowner Rises In Utah

Salary Needed To Become New Homeowner Rises In Utah

(Salt Lake City, UT) — A recent study says a six-figure income is necessary for those wanting to become homebuyers in Utah. Five years ago, one could acquire the home of their dreams with an annual salary of 80-thousand dollars. The study by Bankrate.com identifies that in Utah in 2024, […]

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Utah Named “Most Affordable State” In New Report

Utah Named “Most Affordable State” In New Report

(Salt Lake City, CO) — A recent report by USA Today Homefront names Utah as the most affordable state in the U.S. The study takes multiple factors into account, including money spent on groceries, gas, taxes, housing, and health care. Health care is lower in Utah compared to other states, […]

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Condos And Townhomes New Starter Homes In Utah

Condos And Townhomes New Starter Homes In Utah

(Salt Lake City, UT) — Condos and townhomes have become more common across the state in the past decade. According to a 2022 database by Kem C. Gardner Policy Institute, building permits for the housing types were seen four times as much than in 2013. A representative of the Utah […]

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Study: Utah Rents Down 4.99% Since 2022

Study: Utah Rents Down 4.99% Since 2022

(Undated) — Renting a place to live in Utah is more affordable now than it was a year ago, according to a new study. A report by Rent.com finds the average cost of rent in Utah has fallen by nearly five percent over the past 12 months. That amount to […]

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Utah Adds More Housing Than Any Other State

Utah Adds More Housing Than Any Other State

(Salt Lake City, UT) — Figures from the Census Bureau show Utah added more housing units than any other state, while a Salt Lake City suburb — Lehi — is among the fastest-growing cities in the country. The figures cover the year from 2021 to last year. Utah experienced the […]

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