Orem Real Estate
Orem Real Estate
The City of Orem was organized in 1919 and named after Walter C. Orem, President of the Salt Lake and Utah Railroad. Orem is now the commercial and technological center for Central Utah and is one of the fastest-growing metropolitan areas in the United States. Housing, educational, and employment opportunities continue to be in high demand as Orem’s population approaches 100,000 residents.
Orem real estate is a savvy choice if you are looking for a great place to live in Utah County. Orem’s moniker as “Family City USA” says it all, good schools, safe streets, and lots of fun things to do!
Orem Quick Facts
Population (2009): 95,248
Size: 18.4 Sq Miles
Famous Orem Real Estate
University Mall- Opened in 1973 University mall was the first mall to open outside of the Salt Lake Valley. With 1,192,000 sq ft of retail space it is the largest shopping mall in the state!
Utah Valley University – UVU is a publicly-funded university that provides opportunity, promotes student success, and meets regional educational needs.
Scera- Scera theater is very unique in that it is home to a movie theater, performing arts theater, park and water park! Talk about one stop entertainment!
Major Influences of Orem Real Estate
Orem is home to a lot of major employers such as Utah Valley University, Alpine School District, Convergys, Timanogos Regional Hospital, Orem City, and Adobe (Omniture).
Additionally Orem is home to hundreds of students attending both Utah Valley University and Brigham Young University in neighboring Provo.
Orem City uses the moniker “Family City USA”. In fact, in 2010 Forbes rated it the 5th best place to raise a family, and Orem also ranked well on CNN Money’s Best Places to Live list.
Orem is one of the more diverse cities in Utah and it has a strong entrepreneurial background as well (WordPerfect and Novell were founded in the city).
Orem prides itself on its good schools and safe streets. Good skiing isn’t far, as Orem sits at the base of the Wasatch Range.
Orem is also known for hosting the annual Timpanogos Storytelling Festival, during which professional storytellers from all over the nation give performances and teach workshops.
Orem Down Payment Assistance
Contact us today to learn more about programs specific to Orem that can provide you with financial help to make your dream of owning a home in Orem a reality.
Orem Housing Market Statistics
Orem real estate prices have plummeted recently, making now a great time to invest in Orem real estate!
Builders in Orem
- Ivory Homes
- Patterson Homes
Orem Real Estate Experts
The Red Sign Team has been helping people interested in buying or selling Orem Real Estate for years. Our experts are familiar with the market trends for Orem and Utah County Real Estate in general. We are confident that we will be able to provide you with the friendly, knowledgeable, helpful and experienced real estate service that you deserve. Contact us today!