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- Among large metro markets, Salt Lake City has zoomed ahead in terms of job creation with a 4.2 percent gain from one year ago. Increasingly, more cities are now topping a three percent job growth rate as the economy continues to expand. The following markets can therefore expect continued rises in home sales and increases in commercial leasing activity.
- Among small towns, the following markets have a very fast five percent or better job growth rate.
- Utah’s economy is highlighted in this week’s The Economist. What the article sadly did not mention is that Governor Gary Herbert was a former president of the Utah Association of REALTORS®. Electing a person who understands the real world and the importance of real estate to the economy is paying off in Utah. RPAC (REALTOR Political Action Committee) is also making a difference in winning elections.
- The Economist notes that student performance at schools throughout the state is also well above average despite spending very little money for public schools. Several Utah REALTORS® have told me that they simply turn-off TV at home so their kids can study. Now that’s a cheap way to boost educational performance.
- Here’s a link to the article: http://www.economist.com/news/united-states/21584381-where-taxes-are-low-jobs-are-plentiful-and-schools-are-starved-busy-bees
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