Recommended Stories
U.S. economy added 69K jobs
U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up.
Stocks fall sharply
Stocks fell sharply Friday after the release of a dismal report on job creation in the United States.
What You May Have Missed
Most Popular
Across Site
In Business
- Top 30 elementary schools in Utah by test scores
- Bottom 30 elementary schools in Utah by test...
- Make it a small: N.Y.'s ban on large sodas...
- 7 non-negotiables to prevent a bad hire
- KSL-TV welcomes 2 new anchors, new format
- Utah men accused of bilking bank in...
- University of Utah tech team heading to White...
- Mortgage rates at historic lows as home...
Most Commented
Across Site
In Business
- Make it a small: N.Y.'s ban on large...
25 - KSL-TV welcomes 2 new anchors, new format 20
- Couple can't retire because of $116,000... 19
- Oil prices drop; will gas follow? 8
- Health care costs rose more than inflation 5
- Eagle Gate Tower renamed World Trade... 4
- Kids' sports can cost families up to... 4
- Self consumption is considered greedy,... 3
It's amazing how fast the Utah housing market has taken a turn for the worse. Many said this would never happen here. Many said "Utah is different". All this is going to do is put more pressure on prices. How far are we going to fall? 30% 40% It's hard to tell.
We should be glad the correction is happening now rather than later. The bigger they are the harder they fall.
Buyers beware, Utah housing has a long way to fall. Eldridge is wrong, 325,000 is not affordable in Utah. Beware of Realtors and article like this trying to get you to buy now. Buyer incentives will only get larger while housing prices drop.
Buyers do your own research or you could be upside down 20% like the people in Arizona and Nevada that listened to the Realtors and bought a home last year.
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments