Salt Lake County Real Estate
Salt Lake County Real Estate
Salt Lake County is Utah’s most populated county with over 1 million residents. Salt Lake City is Utah’s capital and the county seat and sits in the Salt Lake Valley as well as the Wasatch Range and the Oquirrh Mountains.
Salt Lake County Real Estate History
Long before the Salt Lake Valley was settled, prehistoric Indians and the Northern Shoshone and Ute Indians came here to gather resources, fish and hunt. The first white men known to go to the land were trappers in the early 16th century.
The first permanent settlements began in the mid-19th century when Mormon settlers arrived. Within two years, a dozen small towns were founded in Salt Lake County. Fort Douglas was eventually established here and, before long, tens of thousands of Mormon settlers began leaving Salt Lake City to settle the surrounding areas. Salt Lake City became the headquarters for the LDS church and industrial development eventually added diversity to the area as people began moving here for the jobs.
Today, Salt Lake County real estate trends are used as a general indicator for the state as a whole. While Salt Lake City is among the largest and most constantly growing cities in the state, it’s real estate trends seem to lag slightly behind national trends while following the same pattern.
Salt Lake County Real Estate Attractions
Salt Lake County is famous for its many ski resorts, with 8 world-famous resorts within 60 miles of Salt Lake City. The county is also home to the Great Salt Lake State Park and Twin Peaks Wilderness. Salt Lake City has 15 national parks and monuments, a zoo, Temple Square and the Great Salt Lake, which is the largest saltwater lake in the Western Hemisphere.
Major Influences of Salt Lake County
A great deal of the economy in the area revolves around winter sports like skiing. Salt Lake City has also become a major destination for business with companies like Overstock.com operating here. Many people who buy Salt Lake County homes for sale do so for the excellent school districts, low crime and low cost of living.
Grants and Down Payment Assistance
You’ll find plenty of down payment assistance and grant programs available for Salt Lake County, including the Community Development Corporation of Utah (CDC), which offers down payment assistance grants if you’re a first time home buyer. NeighborWorks Salt Lake also provides up to $10,000 to first time home buyers in the county, although you must stay in the home for 10 years to keep the full grant amount. A Utah Housing Loan is also available to first time home buyers interested in 100% financing.
Salt Lake County Real Estate Experts
Ready to move to Salt Lake County? The area has so much to offer, with a rich history and endless number of attractions. If you’re ready to look at homes for sale or sell your home in the area, contact the experienced Salt Lake County realtors at Red Sign today. We’ll help you qualify for a grant program, find the home of your dreams and get the best possible price, whether you’re buying or selling. Contact Red Sign today to learn about the great opportunities waiting in Salt Lake!