Tag Archives: Salt Lake City

Salt Lake City: The utopian community that (sort of) worked

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Utah’s capital was founded as a religious refuge and built according to spiritual ideals. But it has evolved dramatically, offering a compelling glimpse of what successful urban planning looks like. Continue reading →

Can futuristic utopias solve our housing crisis?

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People have been founding new cities forever. However, it turns out building a successful place is harder than it looks — and sometimes takes a very long time. Continue reading →

‘2021 all over again’: Agents get to work as spring homebuying arrives

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On the first day of spring, agents across the U.S. who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner. Continue reading →

Homebuyers and sellers have a ton of misconceptions, new poll shows

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Homebuyers and sellers are struggling to keep up with the rapidly shifting market, according to a Zillow survey of real estate agents, which found many believe home prices will fall steeply in 2023. Continue reading →

Nearly a third of income gobbled up by monthly mortgage payments now

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The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday. Continue reading →

Homie CEO resigns as flat-fee brokerage lays off more workers

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The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences “turmoil.” Continue reading →

Falling list prices hit pandemic hot spots hardest, new Redfin study says

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Nationally, more than 15 percent of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts. Continue reading →

EXp nabs high-performing Engel & Völkers team in Utah’s Park City

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The Lawson team works with high-end properties in Park City and other Utah communities. The team’s jump to eXp is the latest in an ongoing trend of teams migrating to the techie brokerage. Continue reading →

Are sellers aiming too high? Price cuts abound throughout the US

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More sellers dropped their asking prices in June almost everywhere in the U.S. In some places, more than half of homes for sale saw a cut. Continue reading →