Land Lines- Week 7

Utah Land

Land Lines – Week 7

The Utah Farm Bureau released their ‘2015 Issues to Watch For’, we have included the link in the Headliners section. The list includes:

  • State Concerns: Regulatory Burdens, Water Issues, Transportation, Property Rights and the outcome of the State Fair.
  • National Concerns: Agriculture Labor, Budget/Taxes and the Waters of the United States.

If you or someone you know has been on the fence about selling their land, spring is a great time to start the process, marketing and selling a raw or papered land deal correctly takes time and experience. If you would like to schedule a meeting to discuss selling your property now or in the future please call. I look forward to speaking with you.

If you would like to receive the weekly land stats and headliners click here to subscribe. Past editions are available on the website under the Land Lines topic. Feel free to share with friends and associates.

Sincerely,

Brooke GlaittliLand Sales – C: 801-554-2332 – KW Commercial

ULG-Web-Banner-Expect-Results2

 

Week 7 Land Stats

02/05/2015-02/11/2015: Salt Lake, Utah Counties and Davis Counties*

6 land parcels sold, 10 sold in week 6.

40 properties were put on the market, as compared to 57 in week 6.

 

YTD along the Wasatch Front**

430 single family building permits have been issued, there were 98 issued as of week 7.

3 apartment/ condo permits have been issued, 0 had been issued by week 7.

251 commercial permits have been issued.

*Source WFRMLS               **Source Construction Monitor

 

Recent UtahLandowners.com Headliners:

To see the entire months articles click here.

 

Housing News

Markets in 63 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the fourth quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today. This represents a year-over-year net gain of 11 markets.

The index’s nationwide score moved up slightly to .90, meaning that based on current permit, price and employment data, the nationwide average is running at 90 percent of normal economic and housing activity. Meanwhile, 69 percent of markets have shown an improvement year-over-year.

“The markets are improving at a consistent pace,” said NAHB Chairman Tom Woods, a home builder from Blue Springs, Mo. “A growing economy and rising consumer confidence should help drive the release of pent-up demand in 2015.

Read more here.

Land Lines is sponsored by the UTAH LAND GROUP

Utah Land Group specializes in residential land brokerage and development services in Utah. We leverage our expertise in land development, entitlements and residential real estate to facilitate successful transactions for all land-related assets from raw unapproved land to finished vacant lots.

Utah Land Group’s depth of knowledge, creative negotiating skills, network of contacts and marketing tools allows us to deliver comprehensive service for a successful transaction.

To speak to someone call their office at 801-871-5946 or send an email to info@utahlandgroup.com.