Utah Leads the Nation in Homebuilding Growth
Between July 1, 2016, and July 1, 2017, Utah was the fastest-growing state in terms of housing units, with an increase of 2.1 percent. Idaho and Colorado were the second- and third-fastest growing states with increases of 1.7 percent and 1.6 percent, respectively. West Virginia and Rhode Island were tied as the slowest-growing states with increases of 0.2 percent according to a study done by the US Census Bureau.
Since the 2010 Census, large cities in the South and West have led the nation in population growth, with an average increase of 10.0 percent (16,206) and 7.8 percent (12,256), respectively. By comparison, those in the Northeast and Midwest grew on average by 2.2 percent (9,104) and 3.0 percent (3,942), respectively.
In Utah County, Saratoga Spring leads the state in the fastest growing city, according to a study done by homesnacks.net
To find information where some of the growth is happening and the effects of the growth read this article by the Salt Lake Tribune. The timing is perfect to join the Utah Valley Home Builder's Association to capitalize on the growth. We want you to be a part of our organization. Go here to fill out an application or call us at 801-225-8893.