Investors...Why is Salt Lake so attractive?
July 05, 2005
In recent months we have seen a great number of out of town investors coming into the Salt Lake Real Estate Market. Why...A couple of reasons. 1) Interest rates are still low. 2) Our prices are lower compared to other cities. Salt Lake has many areas where an investor can purchase a property with 10 or 20% down and have positive cash flow. Other cities have priced themselves out of the market where an investor might need 30 - 40% down to make an investment cash flow positive. 3)We are growing-last month Utah was 5th in the nation for job growth. 4) Easy to get to...No matter where you are we are only a flight or two away.


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