Many things contribute to housing market. Rates are, to an extent, nationally based. Utahs had high employment for long time among other positive factors, the "bubble" several years ago was caused by factors, and actions by certain people. I'm not an agent but do work for one. Although prices will decrease somewhat as rate get back over 4.5% and end near 5% this year; Utahs economy and real estate market have grown in the right ways and have substance. Anyone selling before rates get over 4.5% will get more money but even after market slows down we'll still see both heathy sales numbers and healthy prices for next year. Will take drastic economic change to see significant losses in Utah. We're safe for now. Don't see any factors to give impression our market is inflated by some unnatural stimulant. Oh and caffeine is natural