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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Heber, Utah

Reported by Chuck Zuercher, Broker

Updated December 15, 2008.

Current Market Rating: 1



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Current Price Trend: 1



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Being 15 minutes from Park City, has put tremendous growth pressure on the Heber Valley real estate market making it the 3rd fastest growing county in Utah. Following the 2002 Winter Olympics, Heber City experienced a 15.1 percent growth rate making it the #3 micro metropolitan area in the United States. The valley's nearness to world class skiing and recreation, coupled with it's proximaty to Salt Lake City International Airport(45 minutes) and Utah County(20 minutes) make Heber an excellent real estate investment.

Nothing drives housing like a stable economy and job growth. Salt Lake City has both. The Utah economy is growing at a rate of almost 5.0%, over four times the national average. Job growth is up about 2%, unemployment is low, the housing costs-to-income ratio is moderate and Utah builders give buyers a lot of house for the money. Utah takes the top spot in the nation for housing price appreciation(#1 as of 3/1/08 at 9.27%). Money magazine ranked it 20th on its list of 100 markets for growth over the next two years.

ZIP Code: 84032

Approximate Location Boundaries: Park City, Summit & Wasatch Counties

Location Characteristics: The Heber Valley is considered one of Utah's premier recreation areas. Almost any kind of outdoor activity can be found within 15 mimutes of Heber City's Main Street. With 5 world class, public golf courses to cross country skiing at the 2002 Winter Olympic venue(Soldier Hollow) the valley can accomodate any number of outdoor enthusiast. The warm dry summer days and mild "powdery" winter snowfalls make the Heber Valley a paradise for visitors and residents alike.

For More Information:

View Market Conditions of other areas served by Chuck Zuercher

Navigate: Top > Utah > Heber

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.10%
15 Year Fixed: 4.83%
1 Year Adj: 4.85%
(U.S. Weekly Averages)

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