Home |  Contact Us |  Bookmark This Page
Listings Available Today   

 Welcome to the NewUtahRealEstate.com Blog

2011-04-21 22:42:18
Salt Lake Real Estate - Market Report

Real Estate Market in Salt Lake

Investing in the Salt Lake City real estate market is one of the best decisions you could ever make. Whether you are looking to buy and sell within a few short years or are looking to settle in a new place Salt Lake could be the right place for you.

Utah has a population of about 2.5 million people and the Salt Lake metropolitan area had a population of about 1.2 million people as of the year 2003. The actual city has a population of about 183,000 and is in the middle of the Wasatch front area which has a total population of about 1.7 million people. This area is home to a large part of the state’s population and so with the capital Salt Lake located there the real estate market in the city is bound to be strong.

Utah has had a large population growth which is about double the nationwide average. This comes is a result of natural increase or as a result of net migration in to the area. Both ways there is a need for more housing and this will drive prices up.

Utah is also expected to have among the youngest populations in the United States. The median age in the state of Utah was about 27 years in 2005. This means that the market is set to boom as these young people look for larger family homes in the future. The state of Utah is also amongst the leaders in real estate across the United States as far as appreciation is concerned.

Experts in the real estate market in Salt Lake advise interested parties to buy when rates are still low in order to benefit from future rises in prices. The trends in population, the quality and history of the area all add to the profitability of the real estate market in Salt Lake

 

 
Blog Archive
2020-02-25 11:39:50
IT'S A GREAT TIME TO BUY A LUXURY HOME

2020-02-19 16:28:57
3 MID-FEBRUARY LUXURY OPEN HOUSE TOURS

2020-02-18 12:15:53
5 Home-Selling Tips

2020-02-13 10:48:05
Fall In Love With These Luxury Homes

2020-02-06 11:58:24
LUXURY LIFESTYLE LIVING

2020-02-05 10:02:15
Are You Buying A Home in 2020?

2020-01-30 11:49:13
2 Fabulous February Open House Tours

2020-01-28 13:02:00
Make the Most of The Sundance Film Festival

2020-01-23 09:02:45
OPEN HOUSE SATURDAY, January 25th, 2020

2020-01-21 10:41:32
Buying A Home in 2020?

2020-01-16 08:38:52
Find Your Dream Home

2020-01-13 11:22:24
Fun Non-Skiing Things To Do In Park City

2020-01-09 14:29:04
HOT HOMES FOR A COLD DAY!

2020-01-06 14:57:35
Utah's Among The Fastest Growing States In The Nation

2020-01-02 09:46:57
2020 Housing Market Predictions

2019-12-30 11:21:18
HAPPY NEW YEAR

2019-12-26 12:12:46
MORE MORE HOMES FOR THE HOLIDAYS

2019-12-18 11:02:03
MORE HOMES FOR THE HOLIDAYS

2019-12-12 13:12:17
HOMES FOR THE HOLIDAYS

2019-12-09 13:19:08
5 Home Renovations You Can Tackle During The Winter

2019-12-05 13:51:58
COME ON IN- 3 LUXURY OPEN HOUSE TOURS

2019-12-02 10:44:23
Utah #1 for Middle Class Prosperity in 2019

2019-11-26 10:37:11
Happy Thanksgiving!

2019-11-21 10:07:45
Thanksgiving Open Houses

2019-11-19 10:07:37
How To Prepare for Moving Day

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.