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Where Does the Utah Housing Market Stand in 2022?

08/10/2022
 

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 su



05/12/2022
Find the Best Investment Property Loan for You Right Now

10/29/2021

CACHE VALLEY, UT—October 29, 2021 Building upon its longstanding relationship and support for CAPSA—a non-profit domestic violence, sexual abuse, and rape recovery center—Altabank has pledged $100,000 over five years to help…

4/5/2022

Natalie Gochnour reviews Utah's 2021 economy and discusses where things are headed for 2022 in this episode of the Altabanking podcast.

4/8/2022

Over the last two years, low rates and low inventory fueled a hot housing market. This has led to an unprecedented rise in home values leading to shocking cash bids on many homes. As of January 2022, the median sale price of a single-family home was up 16% year-over-year, according to the National Association of Realtors...

4/26/2021

Utah business is looking up post-pandemic. According to The Enterprise, three in five Utah small businesses have fully recovered or expect to be fully recovered by September, and 40 percent…

7/8/2022

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...


4/8/2022

Rates are expected to rise an estimated six additional times this year for a total of seven increases. Rising interest rates could affect the overall total cost of your project. Your banker can help you evaluate options for variable versus fixed rates on your loans to determine the best option for you...
 
4/8/2022

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...


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08/10/2022

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.


6/26/2020

What do you need to apply for a commercial loan? We’ve put together a brief checklist of common items you should have ready to help the loan application process go…

08/12/2022

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.


4/13/2020
A Step-by-Step Tutorial New to online banking? In this video we’ll will walk you through creating an online account so you can manage your finances from home.

6/24/2022

Ever thought about how you would ride a bike if your legs didn’t work? What about skiing or paddleboarding? All these activities are possible for people with adaptive needs through Wasatch Adaptive Sports.

4/8/2020

Interested in getting a commercial loan, but unsure where to start? Our commercial loan process flow chart will help you understand the basics. Commercial real estate loans, capital lines of…

5/23/2022

Getting a small business up and running in a small town was seemingly pretty easy back in the day. All it took was a vision and a handshake for Fred Titensor’s great-grandfather to open up his irrigation supply dealership about 70 years ago in Lewiston, Utah...



6/8/2020

Utah’s largest community bank announced it was named a 2020 Webby Awards’ Honoree for Best User Interface for its new website.































11/30/2021

Subscribe: You can listen to the Altabanking Podcast on Apple’s iTunes Store, Google Podcasts, Spotify, Pandora, Audible and Stitcher Radio. In this year’s final episode of Altabanking, a business podcast…


10/29/2021

Subscribe: You can listen to the Altabanking Podcast on Apple’s iTunes Store, Google Podcasts, Spotify, Pandora, Audible and Stitcher Radio. In this episode: 6:33: The importance of highlighting women in business…


9/3/2021

Subscribe: You can listen to the Altabanking Podcast on Apple Podcasts, Google Podcasts, Spotify, Pandora, and Stitcher Radio. The pandemic has supercharged the housing market across the nation, driven by…


8/10/2021

Understanding Sweep Accounts Automation is everything these days, especially when it comes to money management. Thanks to sweep accounts, idle money gets a boost, even while you sleep. A sweep…


7/9/2021

Mortgage rates remain near historic lows and Utah homeowners are benefitting. Current low refinancing rates are helping Utahns consolidate debt into fewer loan payments, decrease the loan term and save…


7/2/2021

Subscribe: You can listen to the Altabanking Podcast on Apple Podcasts, Google Podcasts, Spotify, Pandora, and Stitcher Radio. Halfway through 2021, Utah’s overall economy is on the rebound and the…


6/4/2021

Savvy business owners know that innovation and automation are key to running an efficient enterprise, especially when it comes to achieving financial goals. Treasury management services offer large and mid-sized…


4/16/2021

Subscribe: Available now on Apple, Google, Stitcher, Pandora, and Spotify. The past year was a rollercoaster that threw everyone for a loop, but four months into 2021, there is a…


2/19/2021

The pandemic took everyone by surprise and its effect on small businesses across the country has been a topic of interest. The COVID-19 relief support options that subsequently followed have…


12/18/2020

Altabanking episode 41 with Natalie Gochnour Altabanking Interview KSL Radio Transcript: The State of Utah’s Economy with Natalie Gochnour Segment Title: Altabanking, The State of Utah’s Economy GRANT: Welcome to…


12/11/2020

Altabanking episode 40 with Mike Baum Altabanking Interview KSL Radio Transcript: Business Credit Cards with Mike Baum Segment Title: Altabanking, The Rewards Of A Business Credit Card GRANT: Welcome to…


11/27/2020

Altabanking episode 38 with Community Banks Altabanking Interview KSL Radio Transcript: The Benefits of Commercial Banking with Your Community Bank Segment Title: Altabanking, The Benefits of Commercial Banking GRANT: Welcome…


11/13/2020

Altabanking episode 36 with Ben Pack Altabanking Interview KSL Radio Transcript: VA Loans with Ben Pack Segment Title: Altabanking, How To Get a VA Loan In Utah GRANT: Welcome to…


10/30/2020

Altabanking episode 34 with Dr. Davis and Stan Sorensen Altabanking Interview KSL Radio Transcript: Reach Out and Read – Dr. Davis and Stan Sorensen Segment title: Intermountain Healthcare Partnership &…





7/27/2021

Years ago at a loan closing with a long-time client, we discovered an error on a key provision of the loan agreement. We were embarrassed at the oversight and apologized…































1/29/2020

Community banks have a finger on the pulse of the local community and are known for their friendly, personal service and dedication to residents of the area . When you…


1/27/2020

There are many factors at play when it comes to commercial construction lending for companies looking to purchase additional investment properties, get into a new manufacturing facility, open new storefronts,…