Comments about ‘Grantsville housing boom implodes’

Utah is going to experience a lot more serious housing problems in the next while...this is only the beginning of a downturn. Foreclosures and short sales are just getting started. Prices have been inflated for 10 years and it will take time to get more in line with the Low UT wages!
Better days are ahead and it is sad for sellers...great for all the buyers!

The real sad part of this is that the old part of Grantsville has seen no improvements. No sidewalks, roads falling apart, poor street lighting but the bright spot is the flower baskets on mainstreet!

Doesn't "Dolorosa Estancia" mean painful estate?

actually it hasn't been that great for buyers, because the banks here in Utah are still in serious denial that there's any problem at all. So even when you offer what folks are asking for the banks are stalling on the hopes that someone else will come in and overbid you. I know. I've had an offer out for a few months now, and still can't close the deal, though the home owners have had no other offers. The irony they've been squabbling over paltry sums of money. We offered what they were asking for; and, I kid you not, they counter- offered me wanting 100 dollars more!? It probably cost them 100 bucks more just to file the additional paperwork!? Now they've stalled over four weeks over a matter of 1000 dollars. It's inane. They're costing themselves that much every week they delay, but they're all stuck on stupid. I would tell you my true opinion of these greedy jerks, but then this could never be posted. Grrrr...

turns out when there's a surplus of housing, no one wants to live way out in the desert in Grantsville and pay an insane mortgage on overpriced oversized real estate. Hrm... who woulda thunk it.

The whole "flippin" state of Utah has no business building houses priced (true value, not inflated price) more than 200K. What good is a fancy house in a desert when you have no means to pay the water bill?

Housing in Utah and across the nation has been inflated. Who says what these homes are worth? The housing industry just overdeveloped and made idle promises to cash in on the abundance of money freely but fraudulently obtained. Developers and banks stuck with backing the developers on promises and no money have earned their losses. Even rental property is artificially high because of this state subsidizing rental rates for renters. And this all comes from our tax base which is also in trouble.

The biggest problem now in housing, is the state and county likewise adjusting their system of valuating homes on inflated and corrupted values. This state, Utah, is fighting this devaluation process with every means they can and even inflating housing values out of reason and fraudulently. The state and cities too has been caught with their pants down on expected returns that have not or will not happen and money spent at a loss. It all boils down to one thing, credit and debt are not spendable.

As a life-long resident of Grantsville, I take offense at your characterization of my hometown as a "desert." You obviously have not visted.

Grantsville may be many things, but it is not a "desert," any more than Salt Lake City is a "desert."

Are you kidding me, people were actually considering spending $350K to $400K for a home in Grantsville??? PT Barnum was absolutely right, there is a sucker born every minute.

Visited Grantsville last year and was surprised what a nice place it really is out there. Sort of a hidden gem for northern Utah.

I don't think it can remain a secret too long.

I just don't know enough 4-letter words to describe how I feel about most people in the real-estate business.

"...the Planning Commission's job is to evaluate each project and decide if it meets the ordinances and zoning on the books and then make a recommendation to the City Council for final approval. If someone wants to develop their land and it's within the law for them to do so, Grant said, it's not the city's job to stop them."

If this process results in the fiasco that is modern-day Tooele County, perhaps the City Council should revisit its "ordinances and zoning."

Rich development in the West always comes at the expense of locals. Developers move in property taxes rise and those living there are forced out.

Money for Colorado and California came to Moab. Those with money earned more money. The locals got jobs making beds, washing dishes and cleaning toilets.

In ST. George, Californian moved in a few made a killing, traffic became terrible and those Californian refused to pay their share to solve the problems they brought in.

Utahan have been sold out by Utahans.

re: Hey, Big Shocker,

EVERYTHING west of the Uinta Mountain Range is a desert. Oh sure, we've planted trees and made it "blossom as a rose" but the plain and simple truth is YES, we live in a desert. I'm sorry if you don't like it referred that way but that's what it is.

Sorry but Grantsville is a middle of nowhere desert.

It's strange this would be happening in Grantsville where the land is dry, cheap and nothing but desert there.

Evidently people know absolutely nothing about Grantsville. The original name of the Grantsville area was Twenty Wells due to the free flowing artesian wells. That my friend aint a desert no matter what color your glasses are. It might be alot of things but desert it isn't. Actually you are correct Grantsville is a desert, always has been always will be. You stay where you are because you wouldn't want to be in the desert.

Obviously David O has never been to Grantsville - which isn't in the middle of no where, and not a desert. If you had ever been here, you would know it is very green , has large fertile farms and thousands of trees. Those of us who live here feel privileged to do so - and enjoy our peaceful quiet community - with out you. Many families were drawn to this wonderful community before land went up, and we LOVE being out here. It is full of wonderful, caring people and honest businesses who are here because they LIKE IT HERE. Before you make a judgement call, you should know your facts.

"Develop. Sell. Repeat. It was as if sleepy Grantsville had started tweaking meth and everyone from the developers, to the city fathers, to the real estate agents, to the eager homebuyers, to the guys laying sod and sprinkler pipe wanted to share in the high."

That is a bizzare depiction, particularly for an LDS paper. Sounds like ad copy written by a community college student.

Drove to Orgeon last week and up to washington. I love Salt lake, I love Utah, but the trip quickly reminded me that Utah is a desert.

Denial ain't just a river in Grantsville...

I'm sure those artesian wells are really great for all those empty mansions you're building out there and the bustling metropolis that is no doubt an employment center of the west... No wait... that'd be Salt Lake. How is the commute through West Valley?

Har har har...

Oh and how many of those Grantsville Farmers are now sharing water with the majority of the population that commutes to Salt Lake?

Yuk yuk yuk...