: As Fed raises rates, economists are now warning of ‘overvalued’ property markets. Some homes in Provo, Utah, drew 50 offers at the peak of housing boom. Not anymore.

Read Time:7 Second

An influx of California residents, coupled with a big millennial home-buying population, and a housing shortage, are all pressuring Utah home prices.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

0

0

More Stories

Diversify your 401(k) with these cheap investments that nobody else wants right now

It’s rescued investors in the past from a lost decade

September 21, 2024

Stock investors face a gut-wrenching 3 months ahead after record market run

‘There’s this debate between a hard landing, a soft landing or no landing that continues,’ says Lerner at Truist Advisory...

September 21, 2024

CDs paying 5% are a dying breed. Here’s how to find high savings rates while you still can.

Many 5% CDs are going away in the weeks after the Fed’s first interest-rate cut. Some have already disappeared.

September 21, 2024

Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?

Some analysts warn the pool of potential gold buyers could begin to run dry.

September 21, 2024

Stocks poised for first September gain in 5 years. Why more good times could lie ahead.

September has historically been the worst month for U.S. stocks — but not this year

September 21, 2024

This mortgage hack could save you thousands a year — and it’s not a refinance

Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.

September 21, 2024