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%
Ogden 8 Property Portfolio Listed for 2.4M; Cedar City Duplex Sells for $175k/unit; Renting on the Rise in America
Ogden 6 unit listed at $139k/unit; [REPORT] - SLC rents down 1.3% YoY; FED expected to cut rates twice in 2025
Inflation slows to 2.8% in Feb; Provo Fourplex sells for $172k per unit; 78% of Utah’s priced out of housing
29-Unit Ogden Portfolio Listed for $4M; Salt Lake City to Overhaul Zoning Map; New Report Identified Lease/Most Stable Markets
