Month over Month Feb 2021 vs. Feb 2022

[Alan Walker]

Utah was the number 2 highest appreciating state in the last year (only second to Idaho) and our Month over Month comparison continues to show that. The forecast for appreciation is 10-12% this year. So when thinking about whether or not you should buy because of a “higher” interest rate, how much appreciation are you foregoing because your mortgage may be $100 higher this year than last?