We have had a busy couple of months here at Vesta Homes.
Here are a few things we have accomplished on the project so far:
By Jeff Gomez, VP of Sales at Vesta Homes
Lots of people here are asking how the 2017 hurricanes in the South will affect builders and home prices in Utah. Our buyers are concerned about it and one of our lenders decided to pass on funding a project for us until he could assess better what the impact from all this is going to be. It certainly adds a degree of uncertainty to the housing market going into 2018, so we’ll try to make some predictions in this blog post.
Vesta Homes management, included in the broader Salt Lake Home Builders Association group, met with elected city officials Thursday to discuss the growing problems in the Salt Lake home building market. The main area of discussion revolved around land shortages and the difficulties of trying to keep up with demand for new homes, especially high density residential building projects.