News By Tag
News By Location
Publication About Startups Launches Real Estate Section
By: The Startup Register
"Utah's economy has a lot of things going for it," says Startup Register founder Nigel Swaby. "Real estate is the perfect complement to a publication that covers Utah business," he continued. Utah's startup scene has attracted national media attention as some of its "unicorn companies" are obtaining significant venture capital funding. Salt Lake and Provo companies received $737 million in such funding in 2014. Along with low unemployment, Utah has a high birth rate and the second-highest net migration rate in the country according to the Governor's Office of Economic Development.
The strong economy has been great for real estate in Northern Utah. The median residential price of homes continues to climb and the business climate is producing new commercial development. Companies relocating to Utah bring workers and economic opportunities that are prime drivers for real estate activity and growth. CBRE noted in its latest commercial report that $0.79 of every dollar spent on investment properties is from out of state. Swaby concludes "It just made sense to make real estate an offering for visitors who are already interested in Utah business." View website at http://startupregister.net/