Foreclosures in Utah: Utah Foreclosures by County, City, or Zip
Utah, also known as the Beehive State, is the 34th largest state by population & the 13th largest state territorially. Utah, being a large state territorially with a relatively small population, real estate opportunities are growing fast, particularly in the foreclosure market. Foreclosed homes are prime real estate for investors due to their minimal cost & long term market value. Utah is an investor's dream with homes in various stages of foreclosure from pre-foreclosures to bank foreclosed homes, distressed properties & short sales.
The majority of the Utah population resides in an area that extends from north of Salt Lake City to south of Utah County. This makes UT one of the most urbanized states in America & a prime location for buying distressed properties or foreclosed homes. This stretch of valleys & basins makes up the Utah landscape and runs along the base of the Rocky Mountains. Nearly 1 in every 400 houses in this region enters the foreclosure process every year. Salt Lake City, UT & Provo, UT have over 10,000 foreclosure listings combined that are selling for up to 50% off market value.
Known for having "the best snow on earth", Utah hosted the Winter Olympics in 2002 & has some of the top-rated ski resorts in the world. While northern Utah is known for its snow, southern Utah is known for its red rock & desert-like terrain. With five national parks, six national forests, and seven national monuments there's endless hiking trails, cycling trails & camping available.
From arid desert landmarks to snow capped mountains with "the best snow on earth", Utah is an ideal real estate market for anyone interested investing in foreclosure properties or simply buying a home for a great price!