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Category: National News

Utah Land

Ex-Interior Head: Land Grab Puts Utah at Odds With Industry

Former Interior Secretary Bruce Babbitt on Thursday slammed Utah’s push to seize control of federal lands as a radical measure that threatens the outdoor recreation industry, which brings a lucrative gear show to the state twice a year. Babbitt’s comments…

Utah Land

Deadline passes for public land handover demanded by Utah

SALT LAKE CITY — A deadline Utah set for the federal government to hand over 31 million acres of public land quietly passed this week with no such transfer, something predicted by both critics and supporters of the state’s push…

Utah Land

Protect 1031 Tax Exchanges: Commercial real estate backs 1031 exchange

The commercial real estate industry has sounded the alarm with a simple message to Congress: Hands off the 1031 exchange. Lobbyists from Washington joined San Diego-area brokers and companies that depend on the 1031 exchange at a breakfast Tuesday sponsored…

Utah Land

Thoughts on public land debates and energy development

The public land debate is alive and well in Utah, primarily. A recent poll revealed that Utah is really the only state pursuing this issue with great vigor. A recent debate held at Southern Utah University in Cedar City certainly…

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Herbert: No New National Monument in Utah

Gov. Gary Herbert says there will be NO new national monument surrounding the current Canyonlands National Park, at least not soon. Speaking at his monthly KUED Channel 7 press conference, Herbert said in D.C. discussions last week with U.S. Interior…

Utah Real Estate

Eye on the Economy- Existing Home Sales Improving

Existing home sales increased 2.4% in July, tallying the fourth consecutive month of increase. While the pace of existing home sales remains 4.3% below the July 2013 rate, the steady improvement for resales is positive news for the new home…

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Nonresidential Construction Spending Rebounds in July

Nonresidential construction spending expanded strongly in July, growing 2.5 percent on a monthly basis and rising a robust 8.6 percent on a year-over-year basis according to a Sept. 2 release from the U.S. Census Bureau. Spending for the month totaled…