As a result of the continued hardship from the COVID-19 pandemic, the Biden administration announced Tuesday an extension of a foreclosure moratorium through the end of June. This means there would be no home foreclosures for federally backed mortgages until July. The window for enrolling in mortgage forbearance would be extended to June 30, and...
Tag: uar
Will There Be A First-Time Homebuyer Tax Credit?
posted by: Camille Durtschi
February 17, 2021
Additional help could be on the way for first-time homebuyers if a tax credit proposed on the campaign trail is implemented. As a candidate, President Joe Biden proposed the First Down Payment Homebuyer Tax Credit, which could be significant in aiding potential first-time homebuyers. For...
Study Says Winter Is The Best Time To Get A Mortgage
posted by: Camille Durtschi
February 7, 2021
Winter isn’t typically the hottest season for the real estate market, but a new study suggests that the months of December, January and February may be the best time of the year to get a mortgage. A new study from Haus, a home-finance start-up, said...
2020 Was A Record-Breaking Year For Utah Home Sales
posted by: Camille Durtschi
January 31, 2021
Even with a pandemic, 2020 was a record-breaking year for Utah real estate. Utah Realtors sold the most homes ever while the median sales price hit a new high, according to the 2020 year-end report from the Utah Association of Realtors. More than 60,000 properties...
Real Estate News: New Policies And Forecasts
posted by: Camille Durtschi
January 27, 2021
As we settle into a new year, many are wondering what additional effects the pandemic will have on the housing market. The change from a Trump administration to a Biden one is also likely to affect real estate both in 2021 and in the years...
2021 Salt Lake Housing Forecast
posted by: Camille Durtschi
January 17, 2021
Utah’s hot housing market is unlikely to slow down anytime soon. That’s according to a new report that forecasts a record number of home sales for 2021 in Salt Lake County. Written by James Wood, with the Kem Gardner Policy Institute, and commissioned by the...
Tips For Buying An Out-Of-State Home
posted by: Camille Durtschi
January 11, 2021
Buying a home is complicated — even if you’re only moving a few blocks away. If you’re buying a home in another state, the process is even more challenging and adds a whole new level of preparation and expenses. Here are a few tips to...
Relief Bill Includes Rental Assistance
posted by: Camille Durtschi
January 4, 2021
If you’re a renter who’s struggling to make payments or if you’re a landlord whose tenants are unable to pay rent because of the pandemic, the new federal coronavirus relief bill will provide some welcome relief. Within the $900 billion Consolidated Appropriations Act of 2021...