Blog Entries Tagged: housing inventory Utah
Found 1 blog entry tagged as housing inventory Utah.

The housing market just got a major shift — and it could be the opportunity you’ve been waiting for.

 

Mortgage rates just dropped to 6.13% — the lowest level since October 2024. That small shift is already making a big difference. According to the Mortgage Bankers Association, buyer applications for home loans are up 23% compared to this time last year.

Here’s why this matters:

  • Affordability is improving. Even a slight rate drop can save buyers hundreds of dollars per month, which makes them more motivated to act now.

  • Demand is rising. Buyer traffic is the strongest it’s been since July, and homes are starting to move faster than they did earlier in the year.

  • Inventory is still limited. Many sellers haven’t noticed…

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