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Welcome to The Salt Lake City Area PRESENTED BY Kathy Rothe – Prudential Utah Real Estate

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About Utah and Salt Lake City ¾ State Capitol and Largest City ¾ #1 State for Business & Careers – Forbes Magazine ¾ #1 Best Quality of Life – Business Facilities ¾ #1 Most Fiscally Fit State – Forbes Magazine ¾ One of the 40 best cities for singles – Forbes Magazine ¾ Median Age – 27 ¾ Median M di IIncome $70,000 $70 000 ¾ Temperature Averages Jan = 27.9 F

July y = 77.9 F

April = 49.7 F

Oct. = 53.2 F

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Business Growth ¾ October 2010 16,500 new jobs added ¾ Host H H d Headquarters ffor over 20 corporations i ¾ Adobe, Twitter, EBay, Microsoft and Janicki Industries announced plans to expand to Utah ¾ Utah’s exports will grow to 13.5 Billion, up 7.3%

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Major Employers in Utah ¾ Intermountain Health Care

¾ Convergys Corporation

¾ Zion’s Bancorporation

¾ University of Utah

¾ Hill Air Force Base

¾ Associated Food Stores

¾ SkyWest Airlines

¾ Huntsman Corporation

¾ State of Utah

¾ Internal Revenue Service

¾ Walmart

¾ Teleperformance USA

*Ranked by # of Full-time employees

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Public Transportation & Commuting ¾ Salt Lake International Airport - #1 International Airport in US - Travel and Leisure magazine ¾ Utah Transit Authority operates ƒ over 100 bus routes ƒ light-rail service and airport transportation ƒ service to ski resorts in the winter ƒ door to door transportation for disabled passengers ¾ The Front Runner commuter rail line runs from Salt Lake City to Ogden ¾ Major Highways include Interstate 15, 70, 80, 84, 215

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Average Drive Times

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Downtown Points of Interest ¾ Olympic Park ¾ This is the Place Heritage Park ¾ Cathedral of Madeleine ¾ Temple Square ¾ Salt Lake Library ¾ State Capital ¾ Governor’s Mansion ¾ Washington Square

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Higher Education ¾ World-class educational programs as well as nationally ranked athletic programs. programs ¾ Over 10 Colleges and Universities including ƒ University y of Utah ƒ Brigham Young University ƒ Salt Lake Community College ƒ Utah Valley University ƒ Westminster College ƒ Utah State University ƒ Southern Utah University

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Public and Private Education ¾ 2nd Best Education Climate – Business Facilities ¾ Highest literacy rate in the nation ¾ There are 5 school districts in Salt Lake and the surrounding cities ¾ 5 Charter Schools, including Center for Science Education, Academy y for Mat,, Engineering, g g, and Science,, School for Performing Arts… ¾ Utah schools have 93% internet access as compared to the nationall average off 8 84.2% 2% ¾ Many Specialized Programs

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Healthcare ¾ 22 Surgical Centers/44 Hospitals ¾ University of Utah Hospital ¾ Primary Children’s Hospital ¾ St Mark Mark’s s Hospital ¾ SL Regional Medical Center y Dee Hospital p ¾ McKay ¾ Shriner’s Hospital ¾ VA Hospital ¾ Huntsman Cancer Institute ¾ Intermountain Health Care Medical Center ¾ LDS Hospital 12


Religious Organizations ¾ Assemblies of God

¾ Methodist

¾ Jewish

¾ Church of Jesus Christ of Latter-Day Saints

¾ Baptist ¾ Lutheran ¾ Buddhist ¾ Jehovah’s Witnesses ¾ Catholic

¾ Presbyterian ¾ Episcopal ¾ Seventh-day Seventh day Adventists ¾ Interdenominational ¾ Unitarian *Partial List Only

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Area Attractions ¾ Thanksgiving Point ¾ Utah Olympic Park – Park City ¾ Hansen Planetarium ¾ Hogle Zoo ¾ Red Butte Gardens ¾ Tracy Aviary ¾ Olympic Skating Oval ¾ Lagoon Amusement Park

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Area Sports ¾ Utah Jazz – NBA ¾ SL Bees – AAA Baseball ¾ Utah Grizzlies – IHL ¾ Real Soccer – 2010 World Champions! ¾ U of U Athletics ¾ BYU Athletics

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Recreation ¾ NASCAR ¾ Snow skiing ¾ Golf ¾ Hiking ¾ Biking ¾ Fishing ¾ Boating & Water Sports

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Shop ‘till You Drop ¾ Abercrombie & Fitch ¾ Cabella’s ¾ Costco /Target ¾ Dillard’s ¾ Home Depot/Walmart ¾ IKEA ¾ J.C. Penney / Sears ¾ Macy’s ¾ Nordstrom’s ¾ Pottery Barn ¾ Sephora

Shopping Destinations: ¾ Gateway y Mall - SLC ¾ Fashion Place Mall - Murray ¾ Valley Fair Mall - WVC ¾ Coming Soon to Downtown SLC - City Creek Center

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Enjoy the Arts & Culture ¾ Ballet West ¾ Museums - several ¾ Utah Opera ¾ Utah Symphony ¾ Theatre – Capitol, Hale, Off Broadway ¾ Art Festivals – Salt Lake & Park City ¾ Sundance Film Festival

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Fun Day Trips ¾ Great Salt Lake ¾ Park City ¾ Bear Lake ¾ Antelope Island ¾ Hill AFB Museum ¾ Lagoon Amusement Park ¾ Family F il Hi History t Lib Library ¾ Over 60 Snowshoeing Trails ¾ Skiing g – snow & water ¾ Over 100 Hiking & Mtn. Biking Trails within 30 min.

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Weekend Getaways ¾ Arches National Park ¾ Bryce Canyon

¾ Grand Staircase/Escalante National Park

¾ Canyonlands

¾ Lake Powell

¾ Capital p Reef

¾ Moab

¾ Dinosaur Park

¾ Shakespearean Festival

¾ Flaming Gorge

¾ Zion’s Canyon

¾ Glen Canyon

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Local Housing Market ¾30 to 45 days title conveyance ¾90% list/sale price average ¾Buyers Agency representation ¾Typically stable market, trended to buyer’s market ¾Flat appreciation projected for 2011 ¾2010 Decline in average sales price ¾New e construction co st uct o suburbs subu bs ¾Over supply of townhouses & condos ¾Increase in demand for rental properties 21


Local Housing Market METRO AREA HOUSING – AVERAGE SALES PRICE Kearns - $133,800 $133 800

West Valley City - $141,100 $141 100

West Jordan - $182,774

Murray - $198,200

2010 TAX DATA - Salt Lake County Real Estate Taxes* $100,000 = $900.00 Homestead Exemption $40,000 Sales Tax 6.85% 0 0 TAX DATA - Davis a s Cou County ty 2010 Real Estate Taxes* $100,000 = $800.00 Homestead Exemption $40,000 Sales Tax 6.5% 22


Communities – The West Valley ¾ Within a 30 minute or less commute ¾ Offer easy access via I-15, I-215, Hwy’s 201 and 154 ¾ West Valley City, Kearns, Taylorsville, West Jordan, South Jordan, Jordan Riverton ¾ Wide range of lifestyle and housing options ¾ Minutes to downtown and area services and attractions

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Sample Housing

West Valley – Condominium $ 123,000 $ 123,000 3 BD/2.5 BA  1319 sq. ft.

Salt Lake City $ 135,000 3 BD/2 BA  Built 2003 24


Sample Housing

Taylorsville $ 145,000 4 BD/2 BA 1392 sq ft 4 BD/2 BA  1392 sq. ft.

Salt Lake City $ 159,900 4 BD/3 BA 25


Sample Housing

West Jordan $ 194,900 4 BD/3 BA 2509 sq ft 4 BD/3 BA  2509 sq. ft.

West Jordan  $ 200,000 5 BD/3 5 BA 2715 sq ft 5 BD/3.5 BA  2715 sq. ft. 26


Sample Rental Housing

South Willow Apartments $565 ‐ $775/mo. 1 BD/1 BA to 2 BD/1 BA 1 BD/1 BA to 2 BD/1 BA West Jordan

Woodgate Apartments $695 ‐ $1175/mo. 1 BD/1 BA to 3 BD/2 BA 1 BD/1 BA to 3 BD/2 BA West Jordan 27


Sample Rental Housing

Serengeti Apartments Serengeti Apartments $699 ‐ $1129/mo. 1 BD/1 BA to 3 BD/2.5 BA West Jordan West Jordan

San Moritz Apartments San Moritz Apartments $799 ‐ $1269/mo. 1 BD/1 BA to 3 BD/2 BA Midvale 28


Utah & Greater Salt Lake Welcomes You ! #1 State for Business & Careers – Forbes Magazine #1 Best Quality of Life – Business Facilities #1 Most Fiscally Fit State – Forbes Magazine #1 in the Nation for Economic Outlook – Rich States, Poor States One of the 40 best cities for singles – Forbes Magazine Home to 5 National Parks Titl off “Th Title “The Greatest G t tS Snow on Earth” E th” The Happiest State in America ! – Gallup Poll

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Questions? For further information, questions or concerns, please contact:

Kathy Rothe, Director of Relocation Prudential Utah Real Estate 800.882.9880 801.990.1481 krothe@pru-utah.com

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About Salt Lake City