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Utah Real Estate

Looking to buy real estate in Utah? The market has changed over the past few years and is going to continue to change over the next few (drastically) and here are a few things you should consider before buying any Utah real estate.

First, the Olympics didn't affect the state as much as people thought it would. Before the olympics, people thought the olympics would bring with it a rise in home values. It didn't.

Second, unlike California, real estate values in Utah have not shot up in the past 10 years. Things have really kept a steady pace of increasing. One of the reasons for this is because of the availability of utah real estate. All over the Wasatch front there has always been a surplus of available land on which to build a new house.

Over the next few years, this is going to change. With new communities being built all over the place, land is becoming more scarce. This is one of the reasons California real estate has gotten so expensive, because there isn't anywhere else to build a new house, you have to buy a house from someone who already owns one. In Utah, and especially in Salt Lake County and Utah County, land is running out so expect home prices to begin to rise more sharply over the next 10 years.

Third, are you planning on buying rental real estate? Be careful of where in Utah you are going to rent. Many markets have been saturated over the past 3-5 years with a surplus of brand new apartments for renters to choose from. Many markets in Utah real estate rentals used to have a shortage of apartments and a surplus of renters (often students) which made building apartments in those areas very luctative to investors.

Recently however, because a lot of investors saw the opportunity at the same time, there are too many apartments and landlords are having a hard time filling them. If you are looking for investment properties, you might want to look at this Utah real estate help site. They have put together a list of resources for people looking to buy real estate in Utah.

Fourth, be careful. Utah is on a major earthquake fault line. Be sure you can get earthquake insurance in your neighborhood. Often it's not an option because insurance companies won't allow it in certain areas. While floods have not historically been a problem, there are many damns in Utah that are aging and are threatening the real estate and populations that lie below them. Be sure to do your own due diligence before you buy any Utah real estate.

John Jonas is an entepreneur and a family man. He has interests in Utah real estate, Utah businesses, and in internet marketing. More can be found out at his Jonas Family website.

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Torrington Register Citizen

Real estate notes, Jan. 20, 2018
Torrington Register Citizen
NORTH HAVEN — Dawn Calvo, CEO of the New Haven Middlesex Association of REALTORS® (NHMR) is pleased to announce the Association's 2018 Board of Directors. They are as follows: President Joel Grossman, Calcagni Real Estate, Wallingford; President-Elect ...

Sun Sentinel

Where are South Florida's 8 Amazon headquarter sites? Real estate experts identify potential candidates
Sun Sentinel
With South Florida as a finalist to be the home of a second Amazon headquarters, real estate experts have identified potential candidates for a site, which would bring 50,000 new jobs and a $5 billion investment. The sites are all conjecture, however ...

and more »

Sun Sentinel

Ask a real estate pro: Can you speak at an association meeting with a proxy? That depends
Sun Sentinel
Board Certified Real Estate Lawyer Gary Singer explains what a homeowner association proxy voter is. Gary M. Singer. Privacy Policy. A: My condo association is going to have our annual meeting and our neighbor is going to be representing her son at ...


Mattress Firm Fraud Defendant Claims Retailer Has 'Unclean Hands' In Real Estate Conspiracy
Former in-house real estate executives Bruce Levy and Ryan Vinson, former Colliers International Atlanta executive Alexander Deitch, along with three developers and their principals — Nashville-based Oldacre McDonald, Illinois-based Quattro ...


Amazon Seeks Community Connection With Its Real Estate
Attention Atlanta: Amazon's head of real estate has a message about what type of real estate it wants in a headquarters. It is all about community. While Amazon is not about leasing space in trophy towers, Vice President of Global Real Estate and ...
Amazon's real estate chief just outlined the company's top priorities for HQ2Puget Sound Business Journal (Seattle)

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The Real Deal Magazine

Commercial real estate in the age of #MeToo
The Real Deal Magazine
As West Coast senior vice president of development for Seritage Growth Properties, Kacy Keys has reached a level of leadership that women haven't often achieved in Los Angeles' commercial real estate scene. But the road to Keys' powerful perch was not ...

The Providence Journal

Real Estate Notes: Waterfront Portsmouth home sells for $1.67M
The Providence Journal
29 for $1.67 million, according to Lila Delman Real Estate International. The sellers of 15 Hammel Court, Joseph Pasquale and Caren Demoulas, were represented by Delman associate Alex Thursby. Teri Degnan Real Estate & Consulting represented the buyers ...

Real-estate transactions: Jan. 19, 2018
Peoria Journal Star
These transactions, recorded the week of Jan. 8, are compiled from information on file with the respective counties. They represent sales of $78,000 or more. PEORIA COUNTY. 3711 S. Granville Ave., Bartonville, Larry W. and Marilyn R. Davis to Clyde ...

Miami Herald

Some impacts of new tax law on local real estate are clear. Some aren't.
Miami Herald
Even though the sweeping tax reform bill was signed into law on Dec. 22, the massive document is so dense that even seasoned real estate professionals aren't entirely sure what it will mean for Miami. While some of the bill's real estate provisions are ...

Real Estate Newsmakers
“Sarah Korolnek has a passion for customer service and strategic planning, honed through over 15 years of experience in corporate executive roles,” a press release from the agency stated. “Her clients benefit from her keen ability to solve problems and ...

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