The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...
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Home-sales numbers released Wednesday indicate that the Wasatch Front's housing bubble has truly begun to burst: 61 of 81 ZIP codes in four counties saw decreases in median home prices during the second quarter ...
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Salt Lake County homes sales in the second quarter plummeted 28 percent from the same three-month period last year, while prices slipped 2 percent to $249,000. In all, 2,581 single-family homes changed hands in ...
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A member of a Utah County group accused of conspiring in an $18 million mortgage-fraud scheme pleaded guilty to a charge in federal court Tuesday.
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A member of a Utah County group accused of conspiring in an $18 million mortgage fraud scheme, pleaded guilty to a charge in federal court Tuesday.
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Job losses in the residential real-estate industry continue to take their toll on Utah's economy, pushing employment growth last month below the 1 percent mark for the first time in five years.
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Slowing commercial and residential real estate markets, sluggish tourism levels and transportation troubles are some of the issues facing Utah Valley, as well as much of the state.
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The number of Utah homeowners who received a foreclosure filing in June jumped nearly 141 percent, compared with the same month last year, according to a report released Wednesday.
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Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.
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ASB has moved quickly to cut its two year fixed home lending rate, after Reserve Bank Governor Alan Bollard cut the Official Cash Rate to 8 per cent from 8.25 per cent.
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Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's ...
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