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Category: Economy

Utah Land

Land Lines- Week 42

Land Lines – Week 42 A recent study done by the University of Utah shows that the effects of the Great Recession are still being felt among Utah Landowners and home builders. Unlike the four previous real-estate crashes since 1970,…

Utah Construction

New Utah study shows Great Recession’s mean streak

Seven years since the Great Recession wiped out $25 billion in Utah homeowner equity, its economic cataclysm still echoes. A new study from the University of Utah shows no other recession since World War II has been as slow to…

Utah Land

University Place CDA: Fact or Fiction

OREM — If it’s unfeasible to build, don’t build it. That is the mantra of Orem Councilman Hans Andersen when it comes to the proposed University Mall/University Place Commercial Development Area. He points to the various taxing entities such as…

South Jordan Utah Land

Fiscal Impacts of Residential Growth

Many suburban cities attract or allow only low density, single family zones and struggle to maintain public utilities like roads and sewers. At the same time citizens refuse to pay higher taxes and oppose more dense developments. I grew up…

Utah Land

Land Lines- Week 40

Land Lines – Week 40 New home sales surged in August, news like that is always positive for landowners in growth areas. The August rate is 33% higher than August 2013 and is a solid indication of the ongoing recovery…

Utah New Construction

Single and Multifamily Construction Spending Post Gains

Total private residential spending – single-family, multifamily, and home improvements – fell slightly in August (0.1%) to a seasonally adjusted annual rate of $351.7 billion. The latest Census estimate shows gains in the single and multifamily components of private residential…

Week-38-Land-Stats-blog

Land Lines- Week 38 Stats

Land Lines – Week 38   Many of you have received the 2Q Newsletter in the mail, if you haven’t here is the link: http://joom.ag/H55b. Q3 will be mailed out later this fall, if you would like to receive a…

Building Lots

A Lukewarm Summer for Lot Demand

The BUILDER / Metrostudy Demand Index provides local insight from Metrostudy Regional Directors in 35 markets across the country in the form of a 1-10 score (1 low, 10 high) every month. Between May and June, the average demand score…

Utah Land

Land Lines- Week 37 Land Stats

Land Lines – Week 37 Here in Utah the average lot size is approximately .18 acres, of course there are a wide variety of factors that come into play when determining that number, we posted an interesting article prepared by…

Commercial Construction in Utah

Pent Up Demand Leads to Construction Explosion in Salina

At the juncture of I-70 Interchange and State Highway 89, a 236-acre industrial site called the Salina Commercial Center, an EDCUtah SURE Site, will soon be home to a 25,000 square-foot Kenworth dealership. Nearby, Peterbilt and Freightliner are also constructing…