News
Conforming Loan Limits
As home prices continue to rise across the country, potential buyers have been impacted in many ways. The home loans necessary for a buyer to complete a home purchase have also required several adjustments. For example, some buyers who anticipated a conventional or conforming loan found themselves needing to take a jumbo loan when the price of the home exceeded the conforming loan limit.
Six Things to Know About Rising Interest Rates and the Housing Market
If you can imagine how much Utah has changed in the last 50 years, try to imagine how much the state will transform in the next half-century. Jake Boyer, CEO of the Boyer Company, a full-service real estate development group based in Salt Lake City, has seen a stunning amount of growth in the community for a while now. However, Jake believes the biggest growth is still yet to come...
What to Expect from the Rising Interest Rates and the Housing Market
As we enter spring, we prepare for the home buying season that occurs in Utah each year. We continue to see challenges in the mortgage sector that includes historically low inventory for prospective buyers and interest rates moving higher. Interest rates can affect an individual’s purchasing power as rates go higher...
Now is an interesting time for both buyers and sellers in the housing market.
On the one hand, buyers may be relieved to see housing prices, while still rising, beginning to slow down in their climb. It may also be promising to see the number of homes on the market is also increasing, however, available housing is getting claimed at a quicker rate, which is typical in the summer.
As the President and CEO of one of the most popular ski resorts not only in Utah, but in the entire world, Dave Fields has a lot on his plate. In addition to providing a world-class outdoor recreation experience year-round for guests, Fields also has oversight of Snowbird’s workforce, sustainability efforts, discussions with government leaders over infrastructure concerns and just about everything else you could think of.
Altabanking Podcast Ep. 10 — Could More Women in Construction Fix Utah’s Labor Shortage, Supply Chain Disruptions and the Housing Crisis?
What makes running the day-to-day of Tanner Glass & Hardware even more interesting are the specialized skills and know-how required to supply the trade labor workforce. Leaders like Jennie have been searching for new ways, not only to expand their businesses but also to recruit new talent, including reaching out to young women who may want to work in construction.
If you can imagine how much Utah has changed in the last 50 years, try to imagine how much the state will transform in the next half-century. Jake Boyer, CEO of the Boyer Company, a full-service real estate development group based in Salt Lake City, has seen a stunning amount of growth in the community for a while now. However, Jake believes the biggest growth is still yet to come...