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Utah State Overview

Naomi M — Sat, 29 Sep 2007 22:46:12 -0500

Capital: Salt Lake City

Estimated 2004 population: 2,389,039

Change from 2000: +155,870

2004 housing units: 848,737

Housing units change from 2000-2004: +76,021

Top Utah Cities

Utah Economy

Utah's housing market is hot

Mon, 15 Oct 2007 13:57:36 -0500

According to a report by the U.S. Office of Federal Housing Enterprise Oversight, homes in Utah appreciated an amazing 2.77 percent in the first quarter of 2007.

Homes are valued at 17 percent higher than the same time last year.

Source: KSL TV http://www.ksl.com/?nid=148&sid=1292286

Orem, Utah home prices rise 18 percent from last year

Naomi M — Mon, 08 Oct 2007 00:00:00 -0500

Location is everything when it comes to finding appreciating home values. Case-in-point, Orem, in northeastern Utah. Orem is part of a population belt that runs from the northern border of the state west of the Wasatch Mountains down to the southern end of the Salt Lake City area.

Many of the newer residents have come from California or are employed in technology jobs. There are three colleges in the area. As such, Orem qualifies to be called a ``brain-burb'' for its reliance upon jobs in innovative knowledge industries.