Innovative Styles and Designs Mark this Year’s Salt

Lake Parade of Homes

The Salt Lake Board of Realtors® is a major sponsor of the Parade.

Anchor Construction & Design

14328 S Cabin Trail Court, Herriman | 25,792 sq. ft.

Aspen Lane Homes

13417 South Banbury Park Lane, Draper | 6,028 sq. ft.

By Lindie Davis

Parade Director

What is new in this year’s Parade of Homes?

The Salt Lake Parade of Homes is a pioneering spectacle that showcases housing innovation in the United States. This year’s edition features a wide range of exceptional homes, from multimillion-dollar marvels to Stack Homes’ transformation of shipping containers into contemporary dwellings. Additionally, our non-profit subsidiary, HomeAid Utah, will present a compact yet comprehensive Tiny Home for Salt Lake

City’s Tiny Home Village. Our dedication to diversification keeps us ahead of the curve, fulfilling market demands with flair.

The parade invites Realtors® and prospective homeowners to experience the transformative power of architecture and design. It captures the industry’s expansive diversity, with a stunning assortment of homes blending traditional and contemporary styles. From intimate 300 sq. ft. dwellings to majestic 25,000 sq. ft. estates, the parade appeals to varied tastes.

Moreover, the event offers a wealth of knowledge for those seeking to increase their home’s value and comfort through trending enhancements like contemporary kitchen upgrades, fresh paint schemes, and flooring options. The current real estate market presents a prime opportunity for investment, with new home sales surpassing existing ones due to comparable prices, modern features, and economic efficiency.

However, it’s crucial for the Realtor® family to support builders in addressing the housing shortage amidst challenges such as land value, labor shortages, supply chain disruptions, and government regulations. Collective advocacy, education, and united efforts to reduce regulatory costs, promote domestic products, and champion trade professions are vital to bridge the housing deficit. Elected leaders like Lt. Gov. Deidre Henderson are reaching out for ways to assist, signaling a promising shift towards a vibrant housing landscape for future generations. This year’s Salt Lake Parade of Homes goes beyond a celebration of architectural beauty; it serves as a call to action for shaping the future of the housing industry.

What styles and price ranges stand

out this year?

Discover a universe of possibilities in design and architecture at this year’s Parade. We curate a spectrum of styles, sizes, and spaces - from quaint 300 sq. ft. abodes to sprawling 25,000 sq. ft. estates. Whether you’re drawn to classic elegance, modern aesthetics, or the creative rebirth of teardown remodels, prepare to embark on an inspiring journey through the very heart of our industry’s innovations.

What draws so many people to the parade of homes? Our annual Parade of Homes captures the fascination of an expansive, loyal audience. From wide-eyed newcomers to devoted regulars who’ve attended for years, we’re a beloved tradition for more than 200,000 attendees from across 26 states. This year, we expect to shatter records with an even greater number of enthusiastic visitors.

What are the top home remodeling projects that add the most resale value to a home?

The Parade of Homes isn’t just a spectacle—it’s a wealth of insights into raising your home’s value. Get inspiration for transformative improvements, from a freshly painted front door to contemporary kitchen upgrades. Even if selling isn’t on your agenda, these enhancements can bring about a newfound sense of pride and comfort in your living space. See the latest flooring options, color trends, molding styles, and much more at the Parade.

Have higher interest rates affected new home buyers? For the first time, new homes are outpacing existing ones in sales. Numerous factors contribute to this trend, including comparable prices and innovative features that make them economically efficient. With interest rates stabilizing, buyers are reentering the market, making it an excellent time to invest in a new home. As Realtors®, we need to sustain this momentum and support builders in addressing the housing shortage, despite challenges such as rising interest rates. Do we need to incentivize builders to build less expensive homes?

Builders aren’t short of motivation to create affordable homes—we strive daily to drive down costs. Challenges like land value, labor shortages, supply-chain interruptions, and governmental regulation do pose hurdles. Yet, we believe that with the collective advocacy from the Realtor® family, we can influence local, state, and national officials to assist in finding viable solutions. An educated public, counteracting negative social media narratives around housing, can also be instrumental in this mission.

What is the outlook for new home construction?

Looking ahead, the demands of bridging the housing deficit may seem overwhelming, but it’s achievable if all stakeholders unite. It’s encouraging to have elected leaders, like Lt. Gov. Deidre Henderson, actively seeking ways to assist us. Reducing the 25% regulatory cost of a home, advocating for domestic products, promoting trade professions, and championing the benefits of homeownership are just some of the steps needed. With a collective effort, we are confident that we’ll build a vibrant housing landscape for our future generations. In conclusion, The Salt Lake Parade of Homes presents a unique opportunity for Realtors® and prospective homebuyers alike. It’s a vibrant display of architectural innovation, a guide for those seeking to enhance their homes, and an invitation to engage in meaningful discourse about our housing industry’s challenges and opportunities. We believe that through collective efforts, education, and advocacy, we can shape the future of our industry, ensuring every American has a place they can call home.