Why Utah is ONE of the HARDEST STATES to BUY a HOUSE #utahrealestate

Utah is ONE of the HARDEST STATES to BUY a HOUSE. KSL reported, Utah ranks in the Top 10 most difficult state for first-time homebuyers with an average of over $70,000 in cash needed up front for a down payment. This number comes from a list, just released by moneywise who used data from Zillow .com for the median home value for each of the 50 states & an average down payment of 13%. These are scary numbers, right? There is one major flaw. I don’t like this report for several reasons, but let’s talk about the down payment, as stated by KSL, An average of over $70,000 is needed for a down payment.
If you’re looking to buy a home, you only need to put 3.5% down. So, in this scenario, you don’t need $70,000+ down, you only need about $19,000. And often, I can get the seller to pay all closing costs & for a rate buy down. If you're thinking about buying a home, STOP listening to the media. I’m not sure why everyone is trying to scare you. The market is stabilizing as mortgage rates continue to fall. If you’re serious about buying a home, feel free to reach out to me with any questions. I would be honored to serve you in any way I can.

Looking to Buy or Sell in UTAH? Call/Text me @ 801-995-2337
Find a Trusted Realtor anywhere else in the US, Click HERE: https://homeandmoney.com/ty/

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In nearly 20 years as a Realtor in Utah, I've helped 100's of people from all over the World. If you're looking to BUY, SELL, BUILD a HOUSE or INVEST in UTAH Real Estate, Call or Text Me @ 801-995-2337. I'd be HONORED to HELP YOU. I’m Ty the Real Estate Guy, Serving the Salt Lake City area, Utah County for YOUR Real Estate needs.

Get in Touch with Me
👉 Utah Realtor: Ty Wilde "Ty the Real Estate Guy"
📲 801-995-2337
📧 TyWilde7@gmail.com
https://nextlevelutahrealestate.com/
Wise Choice Real Estate

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The Step-by-Step Home Build Process - https://youtu.be/qYkQKtiyhUI
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The New Construction Home Buyers Guide - https://youtu.be/w8Ru3CZrJPg
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Utah Videos:
UTAH What You NEED to Know - https://youtu.be/3COe35xgOLo
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Why You Should Move to Eagle Mountain - https://youtu.be/Z1f8VKb_0WA
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The content in any of Ty’s YouTube videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. These YouTube videos are for entertainment purposes ONLY.

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