CALL INFO LINE: 801-859-6555
 Welcome to the FreeUtahHomeSearch.com Blog

2014-02-11 09:46:05
SALT LAKE EARNS TOP SPOT IN BEST PLACES FOR HOMEOW

SALT LAKE EARNS TOP SPOT IN BEST PLACES FOR HOMEOWNERSHIP

 

NerdWallet, a consumer advocacy website, recently conducted a study to find the best places for homeownership in the United States – and Salt Lake City placed in the top 5 (see podcast at right).

 

As renting becomes less and less affordable, NerdWallet wanted to give potential homebuyers a look at the current housing market. The study based its rankings on the following criteria: 
• Homeownership rate
• Monthly homeowner costs
• Monthly household income
• Population growth

 

NerdWallet ranked Salt Lake City as the third best large metropolitan area in the country for homeownership. The area has a homeownership rate of 67.5 percent, and median monthly homeowner costs are $1,527. The Salt Lake City metropolitan area grew by 1.4 percent between 2011 and 2012.

 

“Those looking for a place to call home should strongly consider Salt Lake City,” said NerdWallet analyst Jaime Ortiz. “The area’s beautiful natural surroundings and the fact that homeowners spend less than a third of their monthly income on homeowner costs make Salt Lake City an excellent choice for homeowners.”

 
Blog Archive
2017-04-16 09:49:56
Population Growth Shifting Out of SL To UT County

2017-04-16 09:49:01
State’s economy fueling population growth

2017-03-10 16:03:59
CNBC ranks Utah No. 1 state for business

2017-03-08 10:24:12
Toughest & Easiest States for 1st Time Home Buyers

2017-01-04 10:39:50
Housing Market 2017: The Positives & Negatives

2016-06-14 10:31:17
Salt Lake Monthly Housing Report

2016-05-20 15:42:35
Who Pays the Highest Property Taxes?

2016-03-31 15:49:40
Cities to Watch: 2016's Fastest-Growing Places

2016-03-29 13:19:08
Salt Lake Quarterly Housing Report

2016-01-28 08:37:27
Park City 2015 Year-end Statistics Press Release

2016-01-18 10:50:31
5 Things to Never Say When Selling a Home

2016-01-11 11:46:49
The ‘Missing Link’ in Housing

2015-12-23 12:08:43
5 Real Estate Trends That Will Dominate 2016

2015-12-15 10:56:50
How Will Higher Rates Affect Housing?

2015-12-04 10:39:02
Big Expectations for Housing in 2016

2015-12-01 10:07:30
6 ‘Tacky’ Home Décor Trends

2015-11-10 11:31:23
Home Buyers Don’t Need to Fear

2015-10-28 09:48:58
Home Prices Rising at Faster Pace Than Inflation

2015-10-20 15:23:54
Scammers Using New Chip-Based CCs as Fresh Phishin

2015-10-09 10:13:25
3 Home Inspection Deal-Breakers

2015-10-06 14:42:40
The Next Three Months: Best Time to Buy

2015-09-17 10:30:01
How High Will Mortgage Rates Actually Climb?

2015-09-11 14:14:05
Best Day of the Year to Buy a Home

2015-08-24 08:28:04
Home Resales at 8-Year High as Buyers Act Before M

2015-07-31 11:21:43
Utah Economy Newsletter June 2015 Now Available

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.