From Deseret News archives:
Utahns spreading out: Residential building boom in state still going strong
Across the state, 21,347 residential permits were issued from Jan. 1 through Sept. 30, a 13.1 percent increase compared to 18,876 permits during the same nine-month period in 2004, according to the University of Utah's Bureau of Economic and Business Research.
Residential permits include single-family homes, apartments, condominiums, mobile homes and cabins.
St. George topped the list of Utah cities issuing the most residential permits at 1,551. Lehi was second at 1,035.
Clint Carter, a Lehi building official, said the city's lower cost of land is one of the reasons driving many people to build there, particularly at Traverse Mountain, east of I-15 near the Cabela's store.
"We're issuing about 150 building permits a month," Carter said. "For the last five years we have not seen any kind of a drop-off whatsoever. We've got a lot of farm ground that still could be developed. When we do build out, we are going to be one of the largest cities in the state."
Rounding out the top five Utah cities issuing the most residential building permits were Herriman with 788, West Jordan with 786 and South Jordan with 740.
Residential valuations include the cost of materials and labor but not the cost of land or architectural fees.
"This will be our third record year," said Francis Lilly, a research analyst at the bureau. "Already, we've broken records for the number of single-family units, residential valuation and total construction valuation."
Residential valuation in 2004 totaled $3.5 billion. James Wood, director of the U. bureau, said residential valuation will likely break $4 billion this year, an all-time record for the state even after adjusting for inflation.
Taz Biesinger, executive vice president of the Home Builders Association of Utah, said people considering building a home should not encounter too many delays in finding contractors or obtaining building materials.
"Just as the market has grown, so has the number of builders, buyers and subcontractors," Biesinger said. "The industry has geared up to handle that kind of volume."
This past summer, Biesinger said a rapid rise in lumber prices and a shortage of cement made it difficult for many home builders.
"For quite a while people weren't able to even get concrete to do their footings and foundations," Biesinger said. "It is still not as available, I think, as we probably would like it, but that concrete issue for the most part has been taken care of."
The report on Utah's continued boom in housing construction came during a week that brought mixed messages about national housing sales. A Tuesday report from the U.S. Commerce Department said sales of new single-family homes nationwide rose by 13 percent in October. But a Monday report from the National Association of Realtors said sales of existing homes and condominiums nationwide fell by 2.7 percent in October.
E-mail: danderton@desnews.com
Comments
- Recount in Atlanta mayoral race 9:54 a.m.
- Jurors defend verdict in Texas 9:52 a.m.
- New York charges don't stick to Gotti 9:51 a.m.
- Provo police seek 5 in robbery 9:50 a.m.
- Blackwater founder cutting ties 9:49 a.m.
- Blood found in Yale suspect's home 9:48 a.m.
- Allen Iverson signs with 76ers again 9:48 a.m.
- FDIC: bank access lacking for poor 9:23 a.m.
- Publishers strengthen 'pay walls' 9:22 a.m.
- General Growth files reorganization 9:20 a.m.
- 2 citations issued at Y.-U. game
- Witness: Mitchell wanted attention
- BYU says Hall incident resolved
- Max Hall: a fixture in rivalry lore
- Why is Y. ignoring spew of hatred?
- Find joy in life, Bishop Burton says
- Unbeaten BYU takes trip to Logan
- McCoy to resign from Utah Senate
- Cougars, Utes on list of MWC honorees
- BCS just keeps dirty laundry on spin
- Hall mouths off about hate of Utah
907 - Cougars beat Utes in overtime
483 - Hall reprimanded by MWC
404 - Max Hall issues apology
388 - Hall's pain reflects self-betrayal
350 - Utes won't respond to Hall
276 - BYU says Hall incident resolved
240 - 2 citations issued at Y.-U. game
164 - BYU is champion of the state
143 - Religion in politics is tiresome
134
This is great news. Utah is a back water of conservative zombies marching...
"I'm better at spending your money than you are" - barack
Congrats to the Cougars and Utes players. I think Terence Brown should have...
Who is paying for the treatment of all these people? Do they all have...
Not all U fans are bad, but the 5% that choose to: - Shout inflamitory words...
Son, you don't get it. Your elysian dreams of socialist utopia are over....
Ah, the Holy Grail of biofuels. Making it out the leftovers that nobody...
Why should insurance companies be viewed as healthcare providers? They should...
Here here....Agreed! In the early years, The Mormons were the Liberals....
To "Pagan | 8:11 a.m." how can the government do a better job than private...



You can be the first to comment on this story.