Utah Apartments


Utah Apartments
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Utah ApartmentAre you looking for a Utah apartment or information on Utah Real Estate? Come visit the Life in the Valley Magazine online to learn all about Utah apartments and the Utah housing market in general. At Life in the Valley, you can find out how to get our FREE guide which includes lots of useful information on local Utah real estate agents and how you can get a free relocation package sent to you to help find Utah rental housing.

Life in the Valley Magazine offers information on the following areas:

Utah Apartments
The apartment vacancy rate in Salt Lake County at 2004 year-end was 5.7 percent, down from 8.6 percent at year-end in 2003. Job growth in 2004 helped propel modest growth in rentals during the last year.[ more .. ]

Utah Housing Market
Residential construction led the way with a record $3.6 billion in new construction. The number of permits issued for homes, condo­min­iums, manufactured homes, cabins and apartment units exceeded 24,000, also a record. New single-family homes totaled 17,724, which broke the long-standing record of 17,424, set way back in 1977. [ more .. ]

Utah Commercial Real Estate
The record pace set at the mid-year mark continued through the year to push sales volumes to new historic levels. Total dollar value as well as the total number of transactions exceeded those set in 2003. Nearly $680 million in commercial sales have closed, an increase of 10.6 percent over 2003.
[ more .. ]

Utah Office Real Estate
According to the Year End 2004 Market Review of Commerce CRG, Cushman & Wakefield Alliance, the Salt Lake office market showed solid signs of recovery during 2004. Building on a turnaround that began in the latter part of 2003, the market gained momen­tum and continued to improve. Overall, market vacancy declined 1.5 percent and the 771,000 square feet of absorbed office space easily surpassed the 492,000 square feet posted in 2003. [ more .. ]

Utah Retail Real Estate
Private, Utah-based retail developers have reappeared in the market with new projects.
In the recent past, owner/user development was the driving force behind many of the new projects; however, local developers have become more aggressive in controlling development property and driving new development.
[ more .. ]

Utah Industrial Building
Industrial vacancy declined from 10.50 percent to 8.49 percent over the course of 2004, fueled primarily by the expansions undertaken by local and regional tenants who already have a presence in the marketplace. The overall industrial market activity has achieved the highest levels seen in this decade. Lease and sales activity in 2004 resulted in a 10.3 percent rise in the number of completed transactions. [ more .. ]

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