mighty butlers moving - salt lake city utah real estate news | $79/HR Movers - Mighty Butlers Moving of Salt Lake City, UT

333 West 500 South

Salt Lake City, UT

Single Family Homes Will Continue To Drive Utah’s Real Estate Boom

With high demand and increased competition for available homes, Utah’s real estate market is stronger than ever. In the National Association of Home Builders’ Spring 2016 Construction Forecast, economists predict that the demand for single family homes will continue to drive Utah’s real estate growth.

At the national level, single family home production is expected to rise by 19 percent, with 964,000 units anticipated by 2017. This is a boon for states like Utah, California, and Oregon, where demand exceeds the total number of available homes.

house-1158139_1920-300x199

“Builders remain cautiously optimistic about market conditions,” NAHB Chief Economist Robert Dietz said in a World Property Journal interview. “2016 should be the first year since the Great Recession in which the growth rate for single-family production exceeds that of multifamily. And we see single-family growth accelerating in 2017 as the supply side chain mends and we can expand production.”

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 World Property Journal article dated April 29, 2016.

5 out of 5 Star Ratings Based on 114 reviews, Mighty Butlers Moving is rated 4.45 out of 5
Copyright © 2016. All rights reserved.