Utah outlook on housing is improving

DESERET NEWS – The Wasatch Front housing market has been on a historic roller coaster ride for the better part of the past decade, reaching its pinnacle just over two years ago. A new report indicates that wild market ride may finally be “pulling into the station” this year, offering some hope to wearied consumers, Realtors and other industry insiders.

“In Salt Lake County, we’ve probably touched bottom in 2009 and we’re going to see a slight improvement in 2010,” Jim Wood, director of the University of Utah’s Bureau of Economic and Business Research and author of the “2010 Salt Lake Housing Forecast,” told the Deseret News.

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