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Utah Real Estate Market and Economy Ranked #1 | Housing Market 2008
Utah's economic rankings and the housing market. The economics of Utah support a strong real estate market.

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Utah Ranked #1 

October, 2008

Utah is ranked #1 four times by four different organizations within the past 12 months. Forbes ranked Salt Lake City as the best house hunter bargain in the country last February. Factors for this high ranking included low foreclosures, upward job growth, high inventory and Utah home owner's willingness to negotiate the sale of real estate.

The Beacon Hill Institute of Boston, ranked Utah the most economic competitive state in the nation. The criteria for this evaluation included Utah's fiscal policy, security, infrastructure, human resources, technology, business incubation and openness.

The American Legislative Exchange Council ranked Utah number 1 for economic outlook within the entire nation back in December, 2007. This forecast gauged Utah's economic future on criteria such as security, infrastructure, business incubation, fiscal policy, minimum wage, tax policy and education.

The Milken Institute ranked Provo-Orem #1 in the county for job creation, retention and economic growth.  The report was released September 10, 2008. Salt Lake City is ranked #3 and Ogden-Clearfield is ranked #18. St. George, Utah is ranked #4 among small metropolitan areas.

Utah's high rankings  should bolster the real estate market throughout the Salt Lake valley. The economy is often a benchmark for the real estate market. Utah is in a good position for its housing industry and real estate sales to weather the current national economic storm.




 

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Barry J. Preusz
Realtor® | Residential Specialist

7090 South Union Park Center, Ste 650
Midvale, Utah 84047

Office: (801) 253-6771



Click Here to Contact Us
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Utah Housing Market Trends | Real Estate Trends - Salt Lake City Home & Condo Trends | Utah Housing Market 2008

Utah ranked #1 for its economic and real estate outlook. Rankings conducted by Beacon Hill Institute, American Legislative Exchange Council, Forbes and Milken Institute. The rankings are based on workforce, quality of life, economic future outlook, fiscal policy, security, infrastructure, business incubation, minimum wage, and tax policies.

Key topics this month: Utah economy, Utah economic ranking, Utah housing, Utah market, Beacon Hill Institute, American Legislative Exchange Council, Forbes, housing market, real estate market, Utah, UT.

Serving Salt Lake County, Salt Lake City, Utah County, Provo, Davis County, Bountiful, Summit County, Park City, Wasatch County, Heber City, Weber County, Ogden, Tooele County, Tooele.

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