National Report Says SLC is Among Top 10 Places to Buy
Posted by Sean Matyja on
Realtor.com recently ranked Salt Lake City No. 6 in the nation for “The Best Cities to Buy a Home Right Now.” Forbes reported on the study and stated there were a number of factors that played a part in determining how each city was evaluated and ranked.
Salt Lake received high marks for improved inventory levels, list prices and employment. Inventory is down 31 percent compared to last year, and the median list price is up 5.5 percent from last year at $195,000. The unemployment rate for Salt Lake is currently 5.9 percent. Unemployment rates, from the Bureau of Labor Statistics, were factored into the rankings since jobs are a leading indicator of housing demand.
Park City, Utah, just 35 minutes up Parleys canyon is a nearby alternative to living in Salt…
2403 Views, 0 Comments

