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Back when they rented, first-time homebuyer Erin Hardy and her husband estimate that a third of their income was spent on housing. She said their mortgage is almost double what they were paying in rent.
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In a hot housing market, the settlement could pave the way for Utahns to pay slightly less for a home.
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The Utah Legislature has the ability to overhaul zoning laws to pave the way for more affordable starter homes.
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Utah’s proposed FY25 budget sets aside $150 million for new housing and first-time buyer programs, but some leaders say policy is more important than funding.
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$150 million of the Governor's proposed $29.5 billion state budget would be dedicated to getting more Utahns into the home-buying market.
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The projections say Washington County will need a lot more housing as its population expands. But after years of increases, the number of new residential units fell this year.
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Six key factors, identified in a new report from the Kem C. Gardner Policy Institute, have influenced how the state has grown in recent years.
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One month into Utah's First-Time Homebuyers Assistance Program, 50 home purchases have been funded by the program.
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Summit County and Park City governments kicked off a “listening tour” this week to gather community feedback on the prospect of another Utah-hosted Olympics in 2030 or 2034.
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The county assessor says that’s because of high property values and freezes to the school fund tax rate.
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Gov. Spencer Cox said the answer to affordable housing is building more units.
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The latest Utah news for Wednesday morning, Mar. 16, 2022