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91% Utah renters cannot afford a home, report finds
4+ day, 4+ hour ago (42+ words) Utah’s housing market has stabilized slightly but high prices and elevated borrowing costs continue to restrict homeownership, a new report shows. Utah's housing market has stabilized slightly but high prices and elevated borrowing costs continue to restrict homeownership, a new…...
Utah’s housing affordability has improved, but 91% of renters still can’t buy in
3+ day, 17+ hour ago (749+ words) Utah’s housing affordability improved slightly over the past year, but that doesn’t mean the market is any more welcoming to first-time buyers. “Looking at those numbers, it's hard not to be a little bit depressed,” said Steve Waldrip, Gov. Spencer…...
Salt Lake City Breaks Ground on 96-Unit Camden Court as Rent Crunch Deepens
1+ week, 1+ day ago (105+ words) Downtown, the $95 million Aster Apartments development at 255 S. State Street added 190 mixed-income units, including 168 income-restricted homes reserved for households earning between 20% and 80% of area median income. The project restored the historic 19th-century Cramer House within a public pedestrian paseo after Brinshore…...
Affordability Tops Concerns For Grocery Industry In Utah
2+ week, 2+ day ago (1176+ words) Utah’s grocery industry is in good shape, with a strong independent retail sector and rapid population growth working in its favor, though affordability remains top of mind, according to Dave Davis, president and chief legal officer of the Utah Food…...
Utah explores nuclear reactors small enough to fit in shipping containers
2+ week, 5+ day ago (166+ words) The state of Utah is looking for places to site 1-megawatt nuclear reactors small enough to fit inside standard 20-foot shipping containers. The state's Office of Energy Development signed an agreement with Houston-based Deployable Energy Limited last week to explore…...
Trump’s DOE is betting big on Utah’s energy future
3+ week, 3+ day ago (1207+ words) Things have changed at the Department of Energy since the Biden administration. Curt Coccodrilli, the acting assistant secretary of the Hydrocarbons and Geothermal Energy Office, visited Utah with other federal leaders this week. While attending the American Coal Council's annual…...
With Utah gas prices spiking, Legislative leaders eye tax incentives again
3+ week, 5+ day ago (615+ words) While Utah leaders have worked on infrastructure tax credits and incentives for gas production, they keep raising their eyebrows at the pump, frustrated with the fact that the average price of gas has continued to rise above the national average…...