Jared Allebest, Real Estate Agent

09/11/2026

"Utah’s housing affordability improved modestly over the past year, but homeownership remains beyond the reach of many residents, particularly prospective first-time buyers, according to the latest “State of the State’s Housing Market” report from the Kem C. Gardner Policy Institute. The report notes that Utah remains among the nation’s 10 most expensive states for single-family homes, and although the estimated income needed to purchase a median-priced home declined slightly, elevated home prices and mortgage rates continue to create significant barriers to ownership."

FOR IMMEDIATE RELEASE Contact: Nick Thiriot, Kem C. Gardner Policy Institute, [email protected], 801-842-9150 September 9, 2026 (Salt Lake City) – Utah’s housing affordability improved modestly over the past year, but homeownership remains beyond the reach of many residents, particularly pro...

08/28/2026

"A Salt Lake Board of REALTORS report says the income needed to buy a median-priced single-family home in Salt Lake County reached a two-year high in the second quarter of 2026.

A household would need to earn $186,827 annually to afford the county’s median-priced single-family home of $645,000, according to the group’s Municipal Affordability Tracking Report."

A Salt Lake Board of REALTORS report says the income needed to buy a median-priced single-family home in Salt Lake County reached a two-year high in the second

08/14/2026

"Mortgage rates have fallen to their lowest level in nearly four weeks as relief for oil prices and fresh inflation data ripple through financial markets, according to Mortgage News Daily (MND)."

https://abcnews.com/Business/mortgage-rates-fall-lowest-level-4-weeks/story?utm_source=facebook&utm_medium=social&utm_campaign=dhfacebook&utm_content=null&id=135643812&fbclid=IwY2xjawTsOZ5wZG9mAWV4dG4DYWVtAjExAGJyaWQRMXNGeUNvbVJ2Sm1UaGdxaWhzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEetwYwmxx2ur8EmU-oMkF93YxfE9AOzLXeQZcFRgEiaqV4u5-zQbSYR5NRypw_aem_oVz9VDjSzxTjkJOlKOCsEg

The average rate on a 30-year fixed mortgage stands at 6.69%, Mortgage News Daily said.

08/10/2026

"Median sale prices for existing single-family homes rose year over year in 188 out of the 235 markets tracked by the National Association of Realtors®, which released its latest quarterly report on Tuesday."

Spring 2026 home prices rose annually across 80% of U.S. metro markets, driven by strong growth in the Northeast and Midwest.

07/12/2026

After years of backlash against Wall Street mega imvestor home purchases, the federal government is taking its first step to limit large investors’ ownership of single-family homes.

After years of backlash against Wall Street landlords, the federal government is taking its first step to limit large investors’ ownership of single-family homes.

07/06/2026

"A new Department of Housing and Urban Development (HUD) report, “Worst Case Housing Needs 2025,” says the flood of foreign-born individuals who entered our country illegally during the Biden administration contributed to the sharp increases in housing costs for the American people.

The report found that in states like California and New York, Biden’s border crisis accounted for 100 percent of all rental price growth and over one-half of all growth in owner-occupied housing in recent years. Nationwide, the foreign-born population accounted for two-thirds of rental demand growth."

https://www.hud.gov/news/hud-no-25-146

07/06/2026

A Federal Reserve Bank of Dallas published a paper which found that Biden's illegal immigration surge triggered 30% rise in home prices and $20% in rents

Each 1% increase in unauthorized workers corresponded with about a 2.2% rise in home prices and a 1.4% increase in rents.

06/09/2026

"Home sales ticked up in May, the latest sign that buyers and sellers are staying active in the market despite higher mortgage rates and glum economic sentiment."

Home sales rose in May, a sign that higher mortgage rates haven't paralyzed buyers.

05/13/2026

"Existing home sales were essentially flat in April, rising just 0.2% from March as high mortgage rates, limited inventory, and ongoing economic uncertainty sidelined buyers.

Home sales hit a seasonally adjusted annual rate of 4.02 million last month and were flat compared to a year ago, according to National Association of Realtors data released on Monday."

April home sales barely improved, a sign of how economic uncertainty and mortgage rate volatility may be giving buyers pause.

05/07/2026

If you are a real estate agent in Utah, you should be aware of your legal obligation to provide communication access to your client regardless if they are the buyer or seller.

As an attorney and real estate agent who is Deaf and fluent in ASL, I can help answer questions that any real estate brokerage or agent may have about this matter.

If you are a buyer or seller who is deaf or hard of hearing, and want a real estate agent who can represent you, please reach out to me and I'll be glad to assist you with your real estate needs.

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