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New Construction Picking Up

SOUTH JORDAN, Utah (ABC 4 Utah) – The new construction market in the Salt Lake Valley is finally beginning to pick back up, offering local families a custom solution to the American dream.
SOUTH JORDAN, Utah (ABC 4 Utah) – The new construction market in the Salt Lake Valley is finally beginning to pick back up, offering local families a custom solution to the American dream.

When Dusty and Kari Stoker went house hunting, building a home became the clear option.

"We were too picky to find a house we both liked that had everything in it, I think. Yeah, we just wanted to do it our way, get what we wanted in there at the time."

The Stokers are part of a growing trend of home seekers wanting to do it their way.

Helping the once very sluggish new construction market find new life.

"There was almost a forty percent increase from 2011 to 2012. Those trends and numbers are almost identical this year. Over the last two years we're probably up thirty-five percent," says Salt Lake Board of Realtors President, Dave Frederickson.

Just because builders are back to work doesn't mean there aren't challenges in today's market.

"The challenge for builders right now is finding good quality, developed lots to build on, the inventory in that market is extremely low," says Frederickson.

The overall outlook is running high. The industry expects to see twelve to fifteen percent growth this year. Growth that is laying the foundation for families like the Stokers.

"We were able to plan out what we needed for the immediate time and a little bit of growth for the future," says Dusty Stoker.

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