It may come as a bit of a surprise, but things are actually pretty good in Utah when it comes to real estate, job growth, and other economic factors that make buying a home a good idea.
- The economy in Utah continues to grow. Job growth in Utah was recently sited at +2.3%, way above the national average of +0.1%. A leading business magazine named Salt Lake City the best city for jobs in 2008. Not too shabby.*
- Interest rates remain at low levels...I mean really low.
- Real estate is consistently a smart investment. Not to say there aren’t ups and downs, but the overall historic trend has been up. Way up. The average home value in Utah over the last 30 years has quadrupled.*
*Historical data is taken from various sources and is not intended to suggest a specific amount of increase or to recommend investment.
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