xhv8mzw7ge79waga35o97s2wbzpfr6 Utah No. 1 for Home Growth

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)

CONTACT US

FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity

Utah No. 1 for Home Growth



Latest news from the United States Census Bureau indicates that Utah continues to build homes faster than any other state (a rate of 2.2% between 2017-2018).

The growth in "the beehive state" is largely due to the dramatic increase in employers moving into the Wasatch front. With a steady increase in jobs available in Utah and Salt Lake Counties, the price for homes has shown an increase as well (including an increase in average rental cost).

Vineyard, UT is a great example of the type of growth rippling between Salt Lake City and Provo (about 45 minutes south.) "apartment seekers are also fueling much of the growth...a growing tech industry nearby, surging home prices in the Salt Lake Valley and a bigger student population at colleges like Utah Valley University in Orem are also playing a role. And those coming in include not just Utahns but others from out of state or from other countries, she added." Julie Fullmer, Mayor of Vineyard

Good thing we invested in Vineyard...

Just six years ago, Vineyard had approximately 400 residents. Now in 2019 it's estimated at around 15,000 poeple, "with many living in new high-rise buildings and town homes bordering I-15." - Deseret News

FIG has had a few successful projects over the past few years within Vineyard. These include Edgewater, The Lochs at Waters Edge, and Tucker Row. We're excited. Not just to see an area we've developed in do well; we're excited about how Utah trends are looking moving forward into the future, and what this all means for new projects currently in the works.

#TheLochs #watersedge #Utah #statistics