Jared James is coming to Utah
Save the date! Jared James is coming to Utah in August! Information about registration will be coming soon, watch for email, text and social media posts with details!
More building needed to reduce housing shortage
Adam Speth2023 President, Northern Wasatch Association of Realtors Labor shortages, high financing costs, supply challenges and regulatory issues are holding back the home-building industry both in Utah and across the nation. In fact, Utah homebuilding permits fell 19.4% in 2022 — one of the highest drops in the country, according to a report from Point2. In Ogden-Layton, the pullback was even greater with permits down 34% — bad news for our already-historic-low housing inventory problem. Data from the Ivory-Boyer Construction Database shows a similar pattern. Utah residential permits dropped 29% in 2022, and January 2023 residential permits were at the lowest level in the past five years. After a record year for homebuilding in 2021, the pullback is concerning since …