Utah Developers Are Not Keeping Up With Growth Podcast Featuring Metrostudy’s Eric Allen
Listen as Eric Allen, Metrostudy’s Utah/Idaho Regional Director, shares his expertise on the Utah Developers Are Not Keeping Up With Growth episode on the podcast The Nudge Real Estate Show.
Here are a few of Eric’s top take aways for the local Utah market:
- Job growth and the local economy is very strong, and bringing many people to the market.
- New home starts are not keeping g pace with household growth, and builders are under building.
- Lot inventory remains low because increasing prices, labor and cities slowing the process, therefore it’s difficult to get more lots on the ground.