From Deseret News archives:

Inventory is declining

Published: Thursday, April 24, 2008 12:46 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
The number of new homes sitting empty and unsold has started to drop in Utah. But that's not because a lot more people are buying.

The largest number of unsold new homes are in Lehi and Saratoga Springs, followed by South Jordan and St. George. But those numbers are going down mostly because many homebuilders have scaled back construction.

Jason Eldredge, of the real-estate research company Newreach, says he expects most of the empty homes to be sold by the end of the year, and then builders will start building again, only on a much smaller scale.

Recent comments

Which MLS are these people looking at?!

Inventory Rising | April 24, 2008 at 4:26 a.m.

previousnext

Latest comments

That game was amazing! I think this will really help the sport grow in Utah....

Real Champions

Congrats on a great win. Utah as a whole should be proud not just of a major...

Congrats Real Salt Lake! but, they aren't the first major sports team to...

RSL regroups, dominates 2nd half

I told ALL of you how much i liked NED Pure irony his contributions vs x...

RSL wins MLS Cup on penalty kicks

this is to NevadaUTE @ 10:25!!! I love soccer, I love Real and it brought a...

Real Champions

wow!!! amazing. UTAH JAZZ DO SOMETHING!!!

Glenn Beck to enter politics?

So much fear and anger from Beck lovers. You all lost the last election, we...

RSL wins MLS Cup on penalty kicks

This is the most emotion I have had watching a sporting event since my...

Nicky Rimando is my hero! I love that guy. He has had his detractors, but...

Real Champions

Two stars means nothing! We played as a team and it showed! I'm still in...

Advertisements