Here are a few articles I have found that really give some great info in regards to the current status of our State. Utah’s Real Estate market is heating up, Buisness are moving in. Development is picking back up.. Some postive things are happening in our wonderful state..
Planners hope to recreate ‘Life on State’ Deseret News
SALT LAKE CITY — Back in its heyday, before I-15 was built, State Street was one of Salt Lake County’s busiest roads.
Now, the road reaching from South Temple to 12300 South is second or third choice to stretches with more lanes, better scenery or fewer lights.
Ted Knowlton wants to change that
SOUTH JORDAN — Kennecott’s Daybreak community ranked sixth for 2009 home sales among leading U.S. planned communities, according to a Washington, D.C.-based real-estate firm.
February Marks Fifth Straight Month Of Increasing Home Sales UtahBusiness.com
St. George Provo-Orem growing fast
Population » Salt Lake County now has more than 1 million residents The Salt Lake Tribune
Did you know St. George and Provo-Orem are the nation’s second and third fastest-growing metro areas?
Only a Sunshine State city outshined Utah’s top gainers in population growth this decade.
Hey everyone, here is my weekly update for upcoming events in the Salt Lake City, UTAH..
Mar. 31 Cymbals Eat Guitars | Kilby Court Gallery
Mar. 31 Michael Bubl | E Center | Buy tickets
Apr. 03 We Shot The Moon | Kilby Court Gallery
Apr. 05 MUSE at THE E CENTER 04/05/10 | E Center | Buy tickets
Apr. 05 Muse | E Center
Apr. 08 Passion Pit | In the Venue
Apr. 10 Miike Snow | Urban Lounge
Apr. 12 OwlCityTour | The Great Salt Air
Here is another deal of the day. This will go fast, so if you are a first time home buyer looking for a home in Sandy, UTAH take a look at this. All of these homes are going fast. We do not have time to wait on the sidelines while these come and go. This is a great opportunity for a first time home buyer looking to get into the upper East Bench of Sandy Utah for an affordable price. This does not come around very often so let me know if you are interested.
10244 S. Flanders Rd. 1666 E.
List Price $186,000
2 car garage
2082 Sq. Ft.
If you want more info drop me an email or give me a call and I will send it your way, no pictures available at this time..
If you have been wondering what is going on with the downtown Sugar House developments? Well, I know I have been wondering? Now we have a little more information to go off of. I am going to hope that one of these developers steps up and actually does something over there. Bad market or not, I have faith in the Sugar House potential. Great area, and if there is one thing I have learned through this whole mess the last couple of years, it is location, location, location. Plus I like Sugar House
The article, mentions a new student housing development in Sugar House. I know the developers, and it is going to be a great project. Hopefully will bring more life to the area. Not to mention another 300 College Students roaming the area spending their parents money! I was a little dissapointed they didn’t mention the plans for the under ground tunnel from Sugar House park to the new development. It is planned to go underneath 1300 E. to the Park. Should be really cool for pedestrians to access the shopping and the park fairly easily. Way to go for thining outside the box.
This is great news.. Now, we don’t want the boom or the bubble days back, but hey good news, is like gold these days. So I will take everything the give us.
SALT LAKE CITY — Utah’s St. George and Provo-Orem metropolitan areas are among the fastest growing in the nation.
According to the latest information from the U.S. Census Bureau, St. George has grown 52 percent since 2000. Provo-Orem has grown 48 percent.
The two areas were only outdone by Florida’s booming Palm Coast, which grew 84 percent in the last 10 years.
Utahns who are 30 days or more behind in payments soared in the 4th quarter of 2009. Rising to 8.64 percent up from 6 percent a year ealier. Foreclosures are expected to worse over the next 6 months, however with changes in govt. regulation banks are going to be more interested in shorting properties than foreclosing. In Salt Lake County, one out of every four active listings is a short sale currently. Typically a bank will see a savings of 41 percent versus an REO foreclosure. These are some interesting insights into todays market. Majority of bank foreclosures are properties that have a first and a second lien holder on the properties. The second lien holder would rather have the property go into foreclosure so they can retain the right to collect their loan. However with ne guidlines from the Govt. HAFA, the incentive program the govt. has rolled out to reward banks for moving forward quickly with the short sale process could have a positive effect on our local markets. I am holding my breath to see the results from this program. Perhaps I will be surprised in this instance. Having talked about foreclosures, if you are interested in a free list of the Utah Foreclosure REO properties, check out this link.
