Tuesday, May 18, 2010

Utah real estate market rebounding slowly, analysts say

While some sectors of Utah's economy are slowly heading toward the rebound track, real estate is still not there yet. And some local analysts predict it may be a while before it finally finds its way back onto the road to stability.

Speaking at the Mid-Year 2010 Real Estate Summit at the Grand America on Monday, Zions Bank executive vice president Michael Morris said the Utah commercial real estate market may not even begin to recover until next year. The Deseret News