23% of Homes. That's It?

Utah's housing affordability crisis may be worse than most people realize. A recent report found that middle-income households can only afford 23% of homes currently on the market nationwide. That statistic made me wonder: what does affordability actually look like in Utah? In this video, I take a closer look at rising home prices, higher interest rates, stagnant wage growth, and the long-term impact of Utah's continued expansion. With new jobs, population growth, infrastructure investments, the Olympics on the horizon, and discussions about future professional sports teams, demand for housing isn't likely to disappear anytime soon. The real question isn't whether housing will become affordable again. The question is: what if today's prices are actually affordable compared to where the market will be five years from now? Watch the video and share your thoughts in the comments: ➡️Is homeownership still within reach for the average Utah family? ➡️Will affordability improve, or are we watching the door slowly close? If you found this video helpful, be sure to like, subscribe, and share it with someone who's thinking about buying a home in Utah.