growth: 2012 Salt Lake Housing Forecast Report
- 01/18/12 07:34 AM
I attended the 2012 Salt Lake Housing Forecast Meeting this morning. The two presenters this year were Eric Belsky, Managing Director of the Joint Center for Housing Studies at Harvard University and James Wood, director of the University of Utah’s Bureau of Economic and Business Research. While Mr. Wood's remarks were pointedly local, Mr. Belsky's report covered the state of the housing market nationally, with concluding remarks to show where Utah stacks up among the states. The expectations? Cautiously and realistically optimistic. Realistically meaning that while there were no bold statements of certain recovery, the outlook is that things are … (0 comments)
growth: Salt Lake Among Healthiest Housing Markets in the United States
- 11/22/11 02:57 PM
Builder Magazine ranks Salt Lake City, Utah as having the third healthiest housing market in the U.S. Good things happening in the Salt Lake City metropolitain area: Income growth next year is expected to be one of the best in the country. Job growth this year was 2nd best in the country. (Over 35,000 new jobs last year) Population continues to grow. New companies in a variety of sectors keep moving to town. We have some great colleges, universities and tech colleges in the area. Residential building permits are up 16% (Salt Lake REALTOR Magazine, Nov 2011) Residential home prices are … (2 comments)
growth: Best Cities to Weather a Recession? Salt Lake City Among the Top 10
- 11/26/08 10:14 AM
According to a recent BizJournals story on MSN.com, Salt Lake City "would appear to be well situated to confront the recessionary challenges ahead." The report looks at areas of the country that have undergone rapid growth in the past 10-20 years and are continuing to expand. It asserted population growth as a positive factor in a strong local economy in bad times, and Salt Lake appears to be doing well in that department as well. The outlook for areas that are undergoing expansion is good because as population grows, infrastructure is needed to support the additional people, and the entire local economy benefits from that … (5 comments)
growth: Forbes Rates Salt Lake City as One of Nation's Top 10 Recession Proof Cities
- 05/02/08 06:52 PM
Salt Lake City actually pulls in at Number 6 on Forbes' list of the top 10 Recession Proof Cities in the nation in a report posted on April 29th, 2008. What factors led to it's top 10 placement? Median Home Price is up 2.5% Unemployment is low at 3.1% Education and Health Services are growing at 5.5% Relocating to the Salt Lake City area soon? Make sure you get an Agent on YOUR side of the transaction! If you have excellent credit and will be buying a $250,000-$750,000 home in the next 30-60 days and would like an agent who will … (1 comments)
growth: Salt Lake Population Growth (and some other areas in Utah)
- 03/28/08 06:03 PM
The following is a very brief excerpt from an article in the Deseret News titled "St. George metro area growth ranks 2nd in U.S." by Deborah Bulkeley and Nancy Perkins Published: Thursday, March 27, 2008 12:29 a.m. MDT. Although the article speaks mostly about Saint George (an area I don't service, but do send referrals to) it also mentions Salt Lake and some of the surrounding counties which I do cover: "The Provo-Orem metro area, which ranks eighth nationally in growth since 2000, ranks 34th in its one-year growth of 2.6 percent. And the Ogden-Clearfield metro area ranked 26th with 2.9 percent growth. Utah's … (0 comments)
growth: Salt Lake County Mayor's State of the County Address
- 01/12/08 05:39 PM
Mayor Peter Corroon's State of the County Address gives a glimpse into what makes living in the Salt Lake Area so great. It gives a brief analysis of each of the following priorities: GovernmentEconomic DevelopmentNatural EnvironmentQuality of LifePublic SafetyEducationMy favorite part of the speech is the following: "Salt Lake County is still the most populous county in the state, with an estimated population of more than 1 million. Our county is expected to grow to nearly 1.4 million by the year 2030. And Utah ranks No. 3 in the U.S. for life span with an average of 78.7 years, meaning most of us should … (1 comments)
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