SecurityNational Mortgage Company

Salt Lake City was a pandemic hot spot but as the housing market evens out across the nation, one senior loan officer who works in the metropolitan area says buyers are seeing some relief. According to data from Redfin, home prices in Salt Lake City were down 8.5% in March compared to last year, selling for a median price of $540,000. The city was ranked fifth on a recent Realtor.com list of the 10 U.S. cities where home sales were down the most, in part because fewer out-of-state buyers are relocating to the “Silicon Slopes.” In November 2021, there were 1,506 sales, compared to 708 in November of 2022. Cory Ure works at SecurityNational Mortgage Company in Salt Lake City.…