Salt Lake City, Utah: Rebound, Recovery, Revitalized !
Salt Lake City is one of those resilient top markets that have survived the “rebound effect”, the housing recovery phase just a few short years ago, and is now enjoying an impressive economic resurgence.
Not only has it survived a down economy (of undervalued homes, foreclosures and short sales); but Salt Lake City has also risen to the list of top places to buy in 2015, especially with a close, 30-minute commute from Salt Lake City airport to booming Park City.
Reasons for the city’s revitalization include solid job growth, which fuels its housing demand; and a low vacancy rate, which spurs building and construction. It also shares in something called “millennials”. This is a fancy term used…