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2012-10-18 14:00:47
Utah Real Estate News Sep - Oct 2012

Salt Lake City, Ogden housing market warming up

 

The Salt Lake Tribune - Utah Real Estate » Monday October 15th, 2012 7:20 pm

Homes in the Salt Lake-Ogden metropolitan area are selling faster, prices are increasing and fewer properties are sitting on the market compared with last year. Nationally, the picture is similar. Lower inventories, combined with somewhat higher median list prices, suggest that the housing market ... Read More

Feds sue Wells Fargo, claiming mortgage fraud

 

The Salt Lake Tribune - Utah Real Estate » Tuesday October 9th, 2012 7:32 pm

New York • The federal government has sued Wells Fargo in a New York court, accusing the nation’s largest mortgage lender of misrepresenting the quality of thousands of loans in order to be eligible for federal loan insurance. The lawsuit, filed Tuesday in federal court in Manhattan, seeks to... Read More

Henry Walker Homes acquires Saratoga Springs development

 

The Salt Lake Tribune - Utah Real Estate » Tuesday October 9th, 2012 7:24 am

Henry Walker Homes and sister company Strategic Capital Group have announced the acquisition of the largest portion of Fox Hollow, a 3,230-unit residential development in Saratoga Springs. The deal with California-based Pacific Western Bank gives Henry Walker approximately 300 acres at Fox Hollow... Read More

Utahns to receive mortgage-settlement forms

 

The Salt Lake Tribune - Utah Real Estate » Tuesday October 2nd, 2012 10:00 am

About 16,000 Utahns who lost their homes to foreclosure from 2008 through 2011 will be receiving claim forms in the mail over the next few months as part of a nationwide settlement with certain mortgage lenders and servicers. Utah borrowers who had their mortgages from Ally/GMAC, Bank of America, ... Read More

Salt Lake-area home prices up fifth month in a row

 

The Salt Lake Tribune - Utah Real Estate » Friday September 28th, 2012 8:47 pm

Home prices in the Salt Lake City area continued to show gains in August as inventory levels tightened, according to the Salt Lake Board of Realtors. August was the fifth consecutive month that home prices rose on a year-over-year basis, the board said. The median price of all homes and condomini... Read More

U.S. housing recovery gains momentum in August

 

The Salt Lake Tribune - Utah Real Estate » Wednesday September 19th, 2012 9:52 am

Washington • A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum. The pair of reports Wednesday follows other signs of steady progress in the housing market after years of stagnation. New-home sales are up, bu... Read More

Work begins on transit-oriented apartment project in Murray

 

The Salt Lake Tribune - Utah Real Estate » Tuesday September 18th, 2012 7:01 pm

Parley’s Partners of Salt Lake City has started construction on a $45 million mixed-use development in Murray that at build-out would feature more than 300 apartments. The project, to be known as Birkhill on Main, will sit on 6.2 acres and eventually include a three-story office building. Phas... Read More
 
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