Posted by james on May 12, 2006 at 14:12:57:
salt lake city has been on the rise the past year…
Pretty much any area around SLC has gone up, even places that used to be considered far out, which are now bedroom communities.
A place with lots of construction that I’ve seen is Saratoga Springs (really nice area by a lake). It is a little harder to rent to locals out there because its a bit further from Salt Lake City. I think this place still has a little bit of stream behind it and can go up maybe 10% more this year.
Other areas closer to Salt Lake City that have done really well is South Jordan (Daybreak community) and West Jordan. Homes in Daybreak have gone up quite a bit and its a bit harder to cashflow if possible at all.