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Before the coronavirus recession, Utah’s housing market was on fire. Then came the COVID-19 pandemic, which sent residents of Northern California and Seattle in search of affordable homes and more
Deseret News Share this story Construction at the Exchange Exterior Townhome building site in Lehi is pictured on Monday, May 10, 2021. Unprecedented increases in the cost of lumber and other building supplies is driving up prices in Utah’s already red-hot real estate and renovation markets. Scott G Winterton, Deseret News It’s an issue that’s worrying a mind-boggling 8 out of 10 Utahns — and one that reaches well beyond Utah to other states in the West. The Deseret News took a deep dive into Utah’s raging hot real estate market and how it fits in to what’s happening in other Wes...
The Deseret News took a deep dive into Utah’s raging hot housing market and how it fits in to what’s happening in other western states. With high rankings in numerous national lists analyzing the housing market, the Salt Lake metro area is a contender for having the No. 1 housing market in the West.
2021 is already shaping up to be one like no other for real estate in Utah, on the heels of an already record-shattering year for Wasatch Front home sales in 2020.
Utah’s Salt Lake City metro area is a contender for having one of the hottest emerging housing markets in the West. Its big competitor is Idaho, where out-of-state homebuyers are leaving big cities in search of cheaper homes with more space.