Housing Development
The housing market continues to capture a number of headlines. Especially with reports today of the sharpest decline in home sales in 18 years (here). Overall the housing market in Utah still appears strong, but when the market continues to fall in Vegas and Phoenix it makes you wonder what is in store for the Salt Lake metro area in the next year or two.
I also found these two recent articles regarding housing development interesting.
2 comments:
Utah is always behind the rest of the country. It took a year or two for Utahs real estate market to catch on with the rest of the country. It will take a year or two for Utahs real estate market to slow down with the rest. It's the same thing that has happened in the last 20 or so years.
I agree, that seems to be the trend and nothing really indicates it is going to change.
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