Fed rate cuts likely won’t come until late 2025 or beyond; Utah Active Listings Up 32% YoY
Utah Active Listings Continue to Surge — Pricing Remains Steady; Lehi Fourplex Sells for ~$180k/Unit
Logan 5-unit sells for $145k per unit; Jamie Dimon’s bond market warning puts investors on alert
Sold Multi-Unit Listings Down 6.7% and $/SqFt Down 8.8% YTD; Trump Mulls End to Fannie/Freddie Conservatorship
Utah Single Family Listings Up 41% (Multi-Unit Up 17%); 10% Est. Gross Yield Duplex Listed in SLC; Utah's Entrada receives big backing from Blackstone
8% Cap Rate on Turn-key Fourplex in Top Mid-west Market; Sold Multi-Unit Listings Down 5.75% - Single Family Down 2.10%
Utah Single Family Home Inventory Spikes 49% in April; Utah Home Builders start to sweeten deals to attract buyers.
Western Region experiencing an 8.8% decline in new multifamily permits; Mortgage Rates Down Slightly on the Week; Roy Fourplex Sells for $171k/Unit
Active Multi-Unit Listings Up 22% – Median $/SqFt Down 3.1%; SLC 6-Unit Sells for $177k per unit; Home Sellers Offering Record Breaking Concessions
Logan 16-unit listed for $200k/Unit; Sold Multi-Units and Single Family Both Down ~5% YTD; Multifamily Overbuild to Pay off
Utah multi-unit listings up 35%; Mortgage Rates Climb Back Up; Salt Lake Buyers Pay Double
Salt Lake Fourplex Sells for $140k/Unit; YTD Multi-Unit Sales Down 1.6% - Single Family Down 5.9%; Goldman Sachs Raises Recession Probability to 35%
