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Eagle Mountain is Utah’s ‘Clean Slate’ for the future with sustainable, environmentally sound development as an elemental part of the plan. Nowhere else offers this potential for responsible controlled growth while preserving the area's natural beauty.

The town has its roots in commerce and development. The founders understood that a successful city must be able to meet the needs of the residents as well as the business entities that create opportunity, jobs and growth.

In the process of building a city from the ground up, engineers and planners looked ahead to Eagle Mountain’s commercial and industrial future. The result is a master-planned community that is business-friendly while remaining committed conservation and preservation of natural resources.

Eagle Mountain has untapped potential with approximately 6,800 acres available from a single owner. The founder/developer of Eagle Mountain remains actively engaged in the development and planning of the city’s commercial, industrial and residential projects.

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February Home Sales Climb 32 Percent Over January, According to the Salt Lake Board of Realtors
March, 2009
The Salt Lake Board of REALTORS said that existing home and condominium sales in Salt Lake County in February climbed 32 percent over January sales. Sales were down 23 percent compared to February 2008.In February there were 584 homes and condos sold, up 32 percent from 444 sales in January. The increase in sales can be partly attributed to an aggressive incentive campaign by the federal government that offers an $8,000 tax credit to first-time home buyers or buyers who have not owned a home in the past three years.

“Sales will continue to increase going forward because of record-low mortgage interest rates and a second program that offers a $6,000 state grant for buyers of new homes,” said Ryan Kirkham, president of the Salt Lake Board of REALTORS. “With these incentives and mortgage interest rates below 5 percent, buyers have a tremendous opportunity.”

The Federal Reserve’s move last week to buy as much as $300 billion in long-term U.S. Treasury securities pushed down mortgage interest rates – which are benchmarked to Treasury bonds – to below 5 percent. Interest rates could fall as low as 4.5 percent, according to Kelly Matthews, economist at Wells Fargo.

Story Source: UtahBusiness.com

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