Photo: Chandler Cruttenden / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. Utah's young buyers are still beating the country. The margin is getting thinner. Just over half of Utah households headed by 25- to 34-year-olds own their homes, according to a study commissioned by the Salt Lake Board of Realtors and written by longtime Utah economist James Wood, as reported by the Deseret News. The rate was 50.1% in 2024, compared with 40.4% for…
MarketSalt Lake City
Half of Young Utah Households Still Own a Home. Only 4.9% of Last Year’s Sales Were Affordable to Renters.
Young Utah households retain a homeownership lead, but only 4.9% of last year’s sales were affordable to renters. The emailed report examines the widening gap.
