UTAH

Priced Out: Finding an affordable home in Utah

Apr 9, 2021, 2:21 PM | Updated: Apr 16, 2021, 8:41 am

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Utahns are finding it harder and harder to live the American dream of home ownership. The states’ affordable housing crisis has frustrated first-time buyers and created ultra-competitive bidding wars for a diminishing inventory
 
Learn everything you need to know about these challenges in our series “Priced Out – finding an affordable home.” Tune in daily April 12 – 16 for reports on the impact of the affordable housing crisis on all Utahns, plus join us for a special one-hour Town Hall on Friday at noon, presented by Ivory Homes.

Priced Out – finding an affordable home

Part 1: How did the Utah housing market get so expensive?

What’s driving it – is it really California move-ins prompted by the pandemic? The shifting of the American workplace?

Utah housing market priced out

Part 2: The effects of spiking Utah home prices on buyers and sellers

How will it impact buyers and sellers? Is it impacting buyers and sellers? Life is great if you’re selling a home right now, unless you’re trying to buy another.

utah home prices

Part 3: Utah homeowners see value increase, while options decrease

How is the market impacting homeowners? What does it mean for property taxes? The future? 

Utah homeowners Ryan Rhodes and Devin Timothy

Part 4: Rentals? Too few, too expensive to be affordable 

Kate and Ash Anderson with their children need affordable rentals

Kate and Ash Anderson with their children (courtesy photo)

Buying a home is becoming increasingly difficult in Utah as prices for homes soar. But everybody still needs a place to live, and renters have to deal with the same market forces pushing up the cost of homes and apartments.

Part 4: Are there possible solutions to skyrocketing housing prices?

housing prices

New apartments and town houses under construction in Herriman are pictured on Monday, Feb. 22, 2021. The Kem C. Gardner Policy Institute and Salt Lake County Office of Regional Development co-hosted a media roundtable discussion on the impact of high-density apartments on surrounding single-family home values in suburban Salt Lake County.
Scott G Winterton, Deseret News

 

In the final part of our “Priced Out” series, we take a look at some of the solutions to skyrocketing home prices in Utah.

 

Friday, April 16th – A one-hour KSL Town Hall presented by Ivory Homes. Jeff Caplan talks with Utahns who have been priced out of affordable housing, as well as economic experts to talk about the future of housing in Utah and what is being done to tackle Utah’s affordable housing problem.

Watch it live here. Or listen on 102.7 FM/1160 AM or for free on the KSL NewsRadio app!

 

 

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

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Priced Out: Finding an affordable home in Utah