Utah Homes for Sale are More Affordable than Ever

Interesting article!

Salt Lake City Realtors

Small-Cheap-House-DesignDid you know buying a home for sale in Utah today is more affordable than any time in the last two decades? Homes are actually at a record level of affordability thanks to lower sale prices and historically low mortgage rates. If you’ve been putting off buying a home of your own, now is the time to do it!

 

 

2013 is the Year of Home Affordability

According to the NAHB/Wells Fargo Housing Opportunity Index, nearly 76% of homes sold during the end of 2011 could have been comfortably affordable for households making the national median income of $64,200. This is the highest recorded home affordability in 20 years. What does this mean for you? Chances are good that you can easily afford most Utah real estate for sale today.

 

 

Record-Low Mortgage Rates

While Utah real estate prices are still relatively low, you’re also more likely to…

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