Blog Layout
DD Web • January 9, 2018

Double Down: Salt Lake City’s Housing Market ‘Heating Up’ in 2018

At the beginning of each new year, there is one sure-fire question on everyone’s mind: What does the coming year have in store for us? While we like to make predictions, set goals and plan ahead, we can never fully know what the future holds. But that’s the most exciting (and sometimes scary) part about it!

Nevertheless, everyone loves to try and predict the future. We place bets on football games and horse races, invest in stocks and cryptocurrency and spend billions in lottery tickets each year. Why? Because the prospect of being right is so enticing…and the end result, if in our favor, could possibly change our lives!

It’s no different in the real estate industry, as we become enthralled with forecasting which housing markets will top the nation’s ‘hot list’ each year. And now more than ever. Due to unease caused by the last decade’s housing crash and ever-fluctuating home prices, Americans tirelessly track the up-and-down trajectory of the nation’s housing markets, waiting to ‘break in’ again at just the right time — in just the right market.

Now, as we settle into 2018 and look at predictions for the previous year, we ask ourselves: Were we right? Did we see it coming? Were we able to direct our investments, and those of our clients, successfully?

And for this year: What are the ‘hot markets’ where you can still afford to buy? Where are home prices almost certain to appreciate? The ones with booming economies and high job growth?

Realtor.com recently released their predictions for the top housing markets of 2018 after looking at the number of sales of existing homes and their prices, along with the amount of new home construction in the 100 largest markets (along with economy, population trends, unemployment rates, median household incomes, and other factors). Affordability, along with a strong economy, are top priorities for home buyers this year. And while prices are expected to grow, these ‘hot’ markets will still remain relatively affordable in 2018.

So which housing markets are this year’s big ‘winners?’ Here are the top 10 housing markets of 2018 (as predicted by realtor.com).

Las Vegas, NV
Dallas, TX
Deltona, FL
Stockton, CA
Lakeland, FL
Salt Lake City, UT
Charlotte, NC
Colorado Springs, CO
Nashville, TN
Tulsa, OK

Any surprises? While we were (obviously) thrilled to see Salt Lake City take #6 on the list, we definitely weren’t surprised. According to realtor.com, “Salt Lake City is so hot that potential home buyers will likely need to duke it out with competitors.” If you’re currently in the market to buy a home in Utah’s capital city, you know just how true that statement is!

With the rise of our very own Silicon Slopes — a high tech mecca rivaling Silicon Valley — the housing market is, indeed, hot. Corporations are jumping on the prospect of lower taxes, affordable real estate and a pool of fresh engineering talent from local universities. College students and millennials are flocking to the city due to high job growth and affordability, and Gen Xers with families are buying up homes as soon as they hit the market, particularly in the suburbs.

So, would we bet on the accuracy of this housing prediction? Hands down. With a median home price of $360, 828 and a predicted sales growth of 4.6%, 2018 is looking to be a great year for Salt Lake City’s housing market!

The 2024 Utah Real Estate Report: Key Insights for Thriving Agents

By Stephanie Cline • March 3, 2025
At Novation Title, we take immense pride in being recognized on the 2024 Top Latino-Owned Business List ! As a Latino-owned company, we are passionate about empowering our community through homeownership—one of the fastest ways for Latinos to build generational wealth in America. Why Hispanic Homeownership Matters Homeownership is more than just buying property; it's about creating stability, financial security, and opportunities for future generations. We believe in providing the resources and education needed to help our Latino community navigate the path to homeownership with confidence. Educating & Supporting Latino Homebuyers Our team uses key insights from the NAHREP (National Association of Hispanic Real Estate Professionals) reports to share real data on Latino homeownership growth and opportunities. We know that numbers don’t lie , and we want to ensure that every aspiring homeowner and entrepreneur has access to the right information. Advice for Latino Entrepreneurs For those looking to start a business in the title and real estate industry, our advice is simple: educate yourself and lean on data. By understanding the numbers and trends, you can position yourself for long-term success. Thank you to our community and partners for trusting Novation Title. Together, we continue to break barriers and build wealth through homeownership!

Novation Title Recognized on the 2024 Top Latino-Owned Business List

By Stephanie Cline • February 21, 2025
At Novation Title, we take immense pride in being recognized on the 2024 Top Latino-Owned Business List ! As a Latino-owned company, we are passionate about empowering our community through homeownership—one of the fastest ways for Latinos to build generational wealth in America. Why Hispanic Homeownership Matters Homeownership is more than just buying property; it's about creating stability, financial security, and opportunities for future generations. We believe in providing the resources and education needed to help our Latino community navigate the path to homeownership with confidence. Educating & Supporting Latino Homebuyers Our team uses key insights from the NAHREP (National Association of Hispanic Real Estate Professionals) reports to share real data on Latino homeownership growth and opportunities. We know that numbers don’t lie , and we want to ensure that every aspiring homeowner and entrepreneur has access to the right information. Advice for Latino Entrepreneurs For those looking to start a business in the title and real estate industry, our advice is simple: educate yourself and lean on data. By understanding the numbers and trends, you can position yourself for long-term success. Thank you to our community and partners for trusting Novation Title. Together, we continue to break barriers and build wealth through homeownership!

2025 Is Here: New Year, Same Trusted Partner for Your SLC Home Adventures

By Stephanie Cline • January 21, 2025
Welcome, 2020! We made it through the first week of the New Year and are already excited for what’s to come in this brand new decade. Anything can happen, and we have so much to create! Whether you’re a fan of long-term resolutions or prefer setting smaller, short-term goals, it feels good to start the year off with a desire to change for the better. If you know us, you know our approach at Novation Title has always been goal-centric, not only within our business but in our personal lives and out in the community.  In today’s world where we are constantly connected (and distracted), it’s no wonder that we increasingly find ourselves overwhelmed mentally and physically drained. Often, the issues in everyday life are the ones that prevent us from enjoying the very same everyday life! How can we balance this out? We believe we can do better. That is why we are introducing meditation into our workspace. While meditation has been practiced for over 5,000 years, it is increasingly becoming a necessary way for us to unplug from the modern world. But what, exactly, is it? Meditation is a practice where an individual uses a technique — such as mindfulness — to train attention and thoughts. Mindfulness is awareness, it is a state of peace. It is being in the present moment, intentional and serene. It is the process of being aware of your thoughts while also disconnecting from them so you can connect within. Connecting within is the highest form of intelligence and results in proven mental, emotional and spiritual health benefits. Here are just a few science-based benefits of meditation: Reduces blood pressure Increases serotonin production that improves mood and behavior Improves immune system Increase in energy levels Lessens stress and anxiety Increases happiness and creativity Clarity and peace of mind Increased memory retention and recall Enhances self-awareness and self-acceptance Each one of us, regardless of gender, age or other factors, undergo daily stress and tension at some level or the other. That’s why we’re so excited to introduce #NovationMeditation into our business and we encourage others to join us this year. We can ALL benefit from improved mental and physical health in 2020. Who’s with us?!
More Posts
Share by: