| Kirk Millson Plumb & Co. |
| 801.419.8912 |
| Salt Lake City's Sugar House area |
| Utah Is a good investment |
If you tune out the background noise from the national media, you will be as bullish on the Salt Lake
City real estate market as I am. Click the headlines below for the only economic news that is relevant
to Utah home buyers. In short, Utah is creating jobs, which are luring people, who need homes.
That's a winning combo. I will continue monitoring the Utah media and posting other economic news
as it becomes available. As of January 2009, Utah's outlook was still excellent compared with other
states. Interest rates are low, prices are softer than last year and the economy is in better shape
than any other state in the nation. If you are thinking of buying a home, there is no better time than
now. If you wait until the economy is booming again nationwide, the house you are looking at today
will be a lot more expensive.
City real estate market as I am. Click the headlines below for the only economic news that is relevant
to Utah home buyers. In short, Utah is creating jobs, which are luring people, who need homes.
That's a winning combo. I will continue monitoring the Utah media and posting other economic news
as it becomes available. As of January 2009, Utah's outlook was still excellent compared with other
states. Interest rates are low, prices are softer than last year and the economy is in better shape
than any other state in the nation. If you are thinking of buying a home, there is no better time than
now. If you wait until the economy is booming again nationwide, the house you are looking at today
will be a lot more expensive.
| Utah has America's best economy |
| Experts predict more prosperity |
| Jobs lure newcomers to Utah |
| Utah houses still appreciating |
| Home Why Kirk Millson? Kirk's Listings The Neighborhoods Old House Styles Salt Lake City Schools Buyer Tools - MLS Seller Tools Area Attractions Area Businesses Utah Economy Land in Utah Sugar House Weather Sitemap Other Salt Lake Valley Communities Communities Near Sugar House Kirk Millson Kirk@SugarHouseUtah.com 801-419-8912 Plumb & Co. Realtors 1001 E. 2100 South Salt Lake City, Utah 84106 ©2007 Kirk Millson |
| Utah economy slows, but still growing |
| New construction slows in Utah |
Even with the state's job-growth rate moderating from 4.4 percent in September
to 4.3 percent in October, Utah remains far and away the best economically
performing state in the nation. Click here to read more.
to 4.3 percent in October, Utah remains far and away the best economically
performing state in the nation. Click here to read more.
Utah's economy is the best ever and the prosperity the state's residents are experiencing should
continue through the first half of next year. Click here to read more.
continue through the first half of next year. Click here to read more.
| Click the links in the text under the headlines to see the full story |
More people than ever before moved to Utah last year. A big factor in the continued growth was job
creation out of whack with the nation's. Click here to read more.
creation out of whack with the nation's. Click here to read more.
Home prices nationwide posted their biggest drop in 16 years last month, according to the National
Association of Realtors. But someone forgot to tell the folks in Salt Lake City. There, the median
home sale price jumped 21 percent. Click here for more.
Association of Realtors. But someone forgot to tell the folks in Salt Lake City. There, the median
home sale price jumped 21 percent. Click here for more.
The state created 44,800 jobs in the year that ended in December, for an employment growth rate
of 3.6 percent. The state's rate of job creation is much better than the national rate of just under 1
percent. Click here to read more.
of 3.6 percent. The state's rate of job creation is much better than the national rate of just under 1
percent. Click here to read more.
It started out on a good note, but 2007 ended up as one of the worst years ever for home building
along the Wasatch Front. That's good news if you want to sell an existing home.
Click here to read more.
along the Wasatch Front. That's good news if you want to sell an existing home.
Click here to read more.
Neither the Utah nor the U.S. economies will tank, despite recession and housing market fears,
economists for Wells Fargo Bank said Wednesday in a forecast. Click here to read more.
economists for Wells Fargo Bank said Wednesday in a forecast. Click here to read more.
| Utah economy still strong compared with nation |
Gov. Jon Huntsman Jr. hailed the state's vibrant economy and growth, but challenged lawmakers Tuesday to
do more to help the Utah's uninsured and invest in Utah's schools. Click here to read more.
do more to help the Utah's uninsured and invest in Utah's schools. Click here to read more.
| Utah governor touts best economy in the nation |
| Utah home sales take a dive |
The fall is a lot farther from the top of the mountain than from the flanks. Utah home sales took an inevitable
dive last quarter, but the market is still a lot healthier than the rest of the country's.
Click here to read more
dive last quarter, but the market is still a lot healthier than the rest of the country's.
Click here to read more
| Budget surplus shrinks |
Lawmakers have $340 million less to spend than they thought they would. But they still have hundreds of
millions of dollars more to spend than they thought they would just a year ago.
Click here to read more
millions of dollars more to spend than they thought they would just a year ago.
Click here to read more
| Utah leads nation in home appreciation |
Utah still leads the country in home-price appreciation, a new report shows.
Prices rose 9.27 percent in the fourth quarter of last year, compared with the
October-November-December period a year earlier. Click here to read more.
Prices rose 9.27 percent in the fourth quarter of last year, compared with the
October-November-December period a year earlier. Click here to read more.
| Experts: Utah to Skirt Brunt of Recession |
"Utah is going to see higher delinquency and foreclosure rates like the rest of the
country, said an economist. "But they aren't going to go up as much in the state as
they are in the rest of the U.S." Click here to read more
country, said an economist. "But they aren't going to go up as much in the state as
they are in the rest of the U.S." Click here to read more
The picture remains different in Utah, home to one of the top rates of employment growth
nationally, which is expected to see companies in the next three months hire at a rate
higher than the U.S. average. Click here to read more
nationally, which is expected to see companies in the next three months hire at a rate
higher than the U.S. average. Click here to read more
| Utah exceeds U.S. hiring rate |
The picture remains different in Utah, home to one of the top rates of employment growth
nationally, which is expected to see companies in the next three months hire at a rate
higher than the U.S. average. Click here to read more
nationally, which is expected to see companies in the next three months hire at a rate
higher than the U.S. average. Click here to read more
| Utah Still Adding Jobs |
Forbes magazine ranks Salt Lake City among the top six cities in the nation in terms of its
ability to thrive economically despite a national downturn. It has a great economy and
housing market, and people are moving here in droves. Click here to read more
ability to thrive economically despite a national downturn. It has a great economy and
housing market, and people are moving here in droves. Click here to read more
| Salt Lake City Is Called Recession-Proof |
| Utah Is Attractive to Distributors |
A new survey by one of the nation's leading corporate site selection companies found the
cost of operating a distribution warehouse in the Salt Lake City/Provo area was the
second lowest among 30 cities it studied. Click here to read more
cost of operating a distribution warehouse in the Salt Lake City/Provo area was the
second lowest among 30 cities it studied. Click here to read more
The fundamentals of Salt Lake City's economy are wobbly but sure to stand up straight soon.
Such is the forecast by economists, planners, developers and business leaders who say Utah's
capital is well-positioned to withstand an economic slug despite the financial chaos gripping
much of the country. Click here to read more
Such is the forecast by economists, planners, developers and business leaders who say Utah's
capital is well-positioned to withstand an economic slug despite the financial chaos gripping
much of the country. Click here to read more
| SLC economy a better bet than rest of U.S. |
Utah's fertile birth rate, coupled with falling mortgage rates, could spark a housing recovery in
the second half of this year, a Wells Fargo bank economist said Tuesday.
Click here to read more
the second half of this year, a Wells Fargo bank economist said Tuesday.
Click here to read more
| Births, cheap credit may spur recovery |