Fortune Magazine recently named Utah County the number one place in America where people in their 20s and 30s are buying homes.
Young homebuyers are looking for affordable housing, and homes in Provo and Ogden have lower prices than homes in larger metropolitan centers like San Francisco or New York. Utah County also has multiple employment opportunities for young professionals, two universities, and a thriving LDS community. The median price of a home in Utah County is approximately $244,000, which is reasonable for young professionals who are building their careers.
First time homebuyers in Utah County are entering a competitive market. 1,577 properties are actively listed on the MLS, but 1,644 additional properties are under contract or pending. Thankfully, property values have never been higher, and lenders are constantly on the lookout for more qualified homebuyers. This is the perfect time for young adults to consider home ownership!
Mighty Butlers Moving offers affordable moving services throughout Utah. Whether you live in Salt Lake City or beyond, we strive to give you a moving rate that works for you. Call us at 801.890-3868 for a free quote!
This news summary contains excerpts from the Daily Herald article dated April 29, 2016.