UtahCribs Weblog

Real Estate, Homes, News, Statistics and more

Utah Poised to Rebound Quickly from Recession!

Posted by UtahCribs, Real Estate, Homes on March 18, 2009

A new study just released “Rich States Poor States” outlines the probability of state’s to pull out of this recession quickly. Utah received they highest marks. We are constantly being asked by the public why we think Utah will pull out quickly. Lets look at the facts.
1- We have tax laws and regulations set up in the state, to entice high tech companies to the State.
      A-One of the advantages comes in the area of tax policy, specifically income tax reform, We also have less Govt.                     involvement in business..
2-Currently are doing major research and medical expansion
3-Some of the best Recreation and Tourism in the country.
This is great news, even if this is not true once again we have two days of positive news. Salt Lake City, UTAH is a great place to live, and from several different reports that have come out over the last days would indicate the best place to live economically right now. How will this effect Real Estate in UTAH? Just like the rest of the economy hopefully this will bring more consumer confidence back.  I know there are a lot of people who believe I am being overly optimistic, but I would like to believe staying positive will help us get through this mess… 
Thoughts?
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One Response to “Utah Poised to Rebound Quickly from Recession!”

  1. Brad Miles said

    Good news two days in a row for local real estate markets! I hope it continues.

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