Buying a Home in Salt Lake City, UT

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20-30 Year-Olds Help Sustain Utah's Economy

The New York Times printed an article explaining how the percentage of Utah's population in the 20 to 30 year-old range has helped keep its economy strong over the past few years while other areas of the nation have suffered.

The article focused on the job growth sector of the economy, but it is also true that people in the 20-30 year-old range are at the age where they are buying their first homes. When you have more people buying first homes, you have more move-up buyers and the whole cycle moves. Take away the 20-30 year-old demographic and the whole cycle slows down.

Harry Dent predicted a slowdown in the Real Estate market in about 2008-2010 based on the number of people born 20-30 years before. I wonder how much of an impact that has on different sectors of the economy and if there is anything we can learn from that or look forward to...

Utah Demographics - Age - Jobs - Real Estate

(I went back to link to the article, but it is now only available to subscribers)

If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side.

Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Area. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY on the Buyer's side of the transaction.

We work to get BUYERS the Best Price and Terms when they Buy... 

We're "Real Estate Agents on the Buyer's Side" TMreal estate agents on the buyers side

If you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in the next 30-60 days, call us at (801) 969-8989 or contact us via the link on this page.

 

©2008 Homebuyer Representation, Inc. All Rights Reserved

 

Comment balloon 7 commentsBenjamin Clark • February 26 2008 11:21PM
20-30 Year-Olds Help Sustain Utah's Economy
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The New York Times printed an article explaining how the percentage of Utah's population in the 20 to 30 year-old range has helped keep its economy strong over the past few years while other areas of the nation have suffered. The article focused on… more
Utah Leads Nation in Price Appreciation (STILL! )
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Get an Agent on your side when buying
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If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do… more
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Last year, CNN Money posted a Spring Home-Buying Guide. The link is: CNN Money - Spring Home-Buying Guide: 6 ways to do it right They say to get pre-approved first, shop at least 4 or 5 lenders, work with an agent who will represent you only etc… more
How Street View Helps Homebuyers in Salt Lake City!
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Salt Lake City is one of a handful of cities that has recently been added as a Google StreetView City! You are either really excited about this or really freaked out about it, but the bottom line is that this is good news for homebuyers Listing… more
Ummel Case - National Association of Exclusive Buyer Agents Statement
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Utah's Drought
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In today's Deseret News (February 7, 2008) a story about more snow coming mentioned the following: "The bad weather has brought some good news. In a hydrologic outlook released Wednesday, the Weather Service said the January storms brought an… more
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Salt Lake's Smartest Homebuyers!
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The most exciting part of being a true Buyer's Agent (and the most rewarding part) are the negotiations. Every transaction is unique, and there are many real estate agents who lack the level of negotiation skills required to truly get their clients… more
Working with Clients as an Exclusive Buyers Agent in Salt Lake
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Tell us a about your philosophy of customer service. First, if we get along, we will both have a good time. I do my best to educate my clients and let them stay in control over the decisions that are made. I do my very best to assure that my clients… more