For most of us living here in Utah it is hard to believe spring is here due to all the snow, but the calendar says it's true. Historically spring means the busiest time in the real estate market and those of us in the business certainly hope that is true. The winter has been slow overall, even slower than normal, and this should lead to some pent-up demand. That being said, most of us are still feeling a little pressure from the current state of the economy so maybe some positive words may help. A current article from Fortune magazine is quite optimistic on the status of the national real estate market, especially for investors;

http://finance.fortune.cnn.com/2011/03/28/real-estate-its-time-to-buy-again.

That may be nice but how are conditions in Utah? Here is a top ten list of articles and facts for Utah's economy.

Utah Top Ten List

1. Utah #1 Best State for Business & Careers - Forbes Magazine, October 2010
2. Utah #1 for Expected Economic Recovery and #1 Economic Outlook - ALEC
3. Utah #1 'Best States to Live' - Gallup Healthways
4. Utah #1 'Most Fiscally Fit State' - Forbes Magazine, 2010
5. Utah #1 Economic Dynamism - Kauffman Foundation, November 2010
6. Utah #1 'Best Managed State' - Governing Magazine, 2009
7. Utah #1 Biggest Increase in Exports (29% since April 2009) - U.S. Department of Commerce
8. Utah #2 Top Pro-Business State - Pollina Corporate, 2009
9. Salt Lake City #2 'Best Cities for Public Transportation' - US News 2011
10. Utah #5 for Venture Capital - Kauffman Foundation, November 2010

Hopefully this gives you an idea of the positive light that many in both the economic and investment community see Utah and especially the Salt Lake area. Given this positive set of forecasts for our community, it does lead us to forecast that while it is impossible to predict the bottom of any real estate market, we are probably close if not at it and the future for the Salt Lake area looks bright.

Please feel free to contact us for more information on the real estate market, either residential or commercial and investment. We would love to help out with the most important investment in your portfolio.

We are currently selling new homes in South Jordan, West Jordan, Herriman, Riverton, Bluffdale, Sandy, and Draper.