February 2010

Found 4 blog entries for February 2010.

Signs of Utah's economic Recovery have been escalating. The job market is improving, retail sales are increasing, and of course Real Estate sales are up. Jim Wood, of the Bureau of Economic and Business Research at the University of Utah, recently published a report on Utah's recovering economy. In his article (which can be read here) he states that "indicators show that the worst is over"!

Here are some of the highlights from the report:

Job Market:

The number of job openings posted has doubled from a year ago

The amount of job losses has slowed considerably

Unemployment claims are down 13%

Unemployment rate for males in Utah is 4.6% lower than the National Average


Real Estate:

The number of existing home sales has been positive

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The Gadberry data group recently conducted a study to determine the fastest growing cities in each state. While other cities across the United States have struggled, these cities have seen growth. The study group focused on factors such as an increase in the number of households, income, and houshold net worth, to determine which cities were showing the greatest growth. Their research, published in Business Week revealed that South Jordan is the fastest growing city in the state of Utah!

When outlining reasons for South Jordan’s persistent growth, Gadberry states, “Development in this city was fueled by the availability of land and large lots, plannedcommunities, and a charming rural atmosphere. The new Daybreak Community development is expected to

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The Gadberry data group recently conducted a study to determine the fastest growing cities in each state. While other cities across the United States have struggled, these cities have seen growth. The study group focused on factors such as an increase in the number of households, income, and houshold net worth, to determine which cities were showing the greatest growth. Their research, published in Business Week revealed that South Jordan is the fastest growing cityin the state of Utah!

When outlining reasons for South Jordan's persistent growth, Gadberry states, "Development in this city was fueled by the availability of land and large lots, planned communities, and a charming rural atmosphere. The new Daybreak Community development is expected to

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Top Places to Buy/Sell a Home in Utah this February

2010 is off to a great start! This January had a higher number of homes sold than the beginning of last year. This continuing trend of growth is demonstrating an increased interest in the housing market. Knowing when to sell or purchase a home is vital to Real Estate success and the demand is highest in Utah's Hot Spots! These are the zip codes and price ranges which have had the most demand and highest success rates last month. Economic improvement begins in Hot Spots and spreads to other areas of the valley. These Hot Spots are the areas that will get top dollar for their home. Purchasing a home in one of these Hot Spots gives you a front row seat to economic recovery.

1. Salt Lake City Zip 84108

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