HOUSING - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/HOUSING News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Will Utah end chronic homelessness in 2015? http://www.sltrib.com/sltrib/news/58501056-78/housing-hardy-homeless-utah.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58501056-78/housing-hardy-homeless-utah.html.csp">Will Utah end chronic homelessness in 2015?</a></h4> <span class="author vcard"><span class="fn">By Christopher Smart</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-10-20T12:49:27.683-06:00">Updated Oct 20, 2014 12:49PM MDT</span></h5> <div class ="entry-content">When Joseph Hardy and his three siblings were young, his mother took them from his polygamist father and bolted. They spent the next decade on the run — camping in the summers, crashing with friends when they could, and grabbing an inexpensive rental when the money held out. &lt;freeform&gt; “I feel like I grew up in the back seat of a car,” Hardy says today. At age 15, he began using methamphetamine to dull his grief and anxiety. Drug use and depression have ravaged his health, and he’s spent...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58501056@www.sltrib.com Mon, 20 Oct 2014 12:49:27 MDT New Utah study shows Great Recession’s mean streak http://www.sltrib.com/sltrib/news/58533998-78/cycle-utah-housing-recession.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58533998-78/cycle-utah-housing-recession.html.csp">New Utah study shows Great Recession’s mean streak</a></h4> <span class="author vcard"><span class="fn">By tony semerad</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-10-20T09:07:53.197-06:00">Updated Oct 20, 2014 09:07AM MDT</span></h5> <div class ="entry-content">Seven years since the Great Recession wiped out $25 billion in Utah homeowner equity, its economic cataclysm still echoes. A new study from the University of Utah shows no other recession since World War II has been as slow to heal, with astonishingly long-lived effects from a historic foreclosure crisis, major hits to residential real estate prices and continued weak demand for new-home building. Unlike the four previous real-estate crashes since 1970, this one is way behind schedule for fully...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58533998@www.sltrib.com Mon, 20 Oct 2014 09:07:53 MDT No ‘sigh of relief’ yet for Utah’s homeless http://www.sltrib.com/sltrib/news/58526395-78/family-martinez-homeless-housing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58526395-78/family-martinez-homeless-housing.html.csp">No ‘sigh of relief’ yet for Utah’s homeless</a></h4> <span class="author vcard"><span class="fn">By Annie Knox</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-10-20T12:49:27.727-06:00">Updated Oct 20, 2014 12:49PM MDT</span></h5> <div class ="entry-content">Sometimes, becoming homeless stems from a series of unfortunate events. One is survivable; three is catastrophic. After falling sick, straying from family members who they felt manipulated them and losing jobs because their rides to work bailed, Tony and Cynthia Martinez showed up at Salt Lake City’s homeless shelter with their sons, now 4 and 10. The family moved from Modesto, Calif., a few years ago and briefly stayed with relatives in southern Utah. “Ever since then, we’ve kind of been in a...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58526395@www.sltrib.com Mon, 20 Oct 2014 12:49:27 MDT Housing stocks higher amid Wednesday’s freefall http://www.sltrib.com/sltrib/money/58526179-79/percent-cents-housing-inc.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58526179-79/percent-cents-housing-inc.html.csp">Housing stocks higher amid Wednesday’s freefall</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-10-15T16:31:01.355-06:00">Updated Oct 15, 2014 04:31PM MDT</span></h5> <div class ="entry-content">New York • Homebuilders were one of the few bright spots during a huge stock sell-off Wednesday, with hopes rising that a rush by investors into the bond market would drive mortgage rates lower. The Dow Jones industrial average dropped as much as 460 points and investors fled to the safety of bonds, which are a safe haven for cash during market sell-offs. The Dow closed down 173.45 points, or 1.1 percent, to 16,141.74. As bond prices rise, yields drop. The 10-year Treasury note briefly fell belo...</div> <h5><a rel="item-license" href="#license-585261792014-10-15T16:31:01.355-06:00" id="#license-2014-10-15T16:31:01.355-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58526179@www.sltrib.com Wed, 15 Oct 2014 16:31:01 MDT Editorial: Utah’s model of helping the homeless http://www.sltrib.com/sltrib/opinion/58506916-82/homeless-housing-approach-dealing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58506916-82/homeless-housing-approach-dealing.html.csp">Editorial: Utah’s model of helping the homeless</a></h4> <h5><span class="updated" title="2014-10-10T16:05:24.054-06:00">Updated Oct 10, 2014 04:05PM MDT</span></h5> <div class ="entry-content">To say that the cure for homelessness is a home might seem as uselessly self-evident as saying that the cure for insomnia is to get some sleep. But experts and observers from around the nation are singing the praises of state and local officials, advocates and philanthropic organizations in Utah because of the widespread, and successful, adoption of the “housing first” approach to dealing with chronic homelessness. Republicans and Democrats, city and state, public and private. All involved have...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58506916@www.sltrib.com Fri, 10 Oct 2014 16:05:24 MDT West Valley City adopts moratorium on rezoning for new housing http://www.sltrib.com/sltrib/politics/58501639-90/acres-adopted-development-housing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/politics/58501639-90/acres-adopted-development-housing.html.csp">West Valley City adopts moratorium on rezoning for new housing</a></h4> <span class="author source-org vcard"><span class="org fn">The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-10-10T11:16:34.98-06:00">Updated Oct 10, 2014 11:16AM MDT</span></h5> <div class ="entry-content">The West Valley City Council on Tuesday evening unanimously adopted a six-month moratorium on rezoning for new housing developments. The suspension will not impact rezoning applications already submitted to City Hall. The moratorium comes as Utah’s second largest city has only 300 to 500 acres of open land remaining. The city of 130,000 encompasses some 22,400 acres or 35 square miles. It’s a good time to pause and analyze what’s best for the remainder of the city’s development, said Nicole Co...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58501639@www.sltrib.com Fri, 10 Oct 2014 11:16:34 MDT A look at new cases the Supreme Court to consider http://www.sltrib.com/sltrib/world/58480680-68/court-state-cases-states.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58480680-68/court-state-cases-states.html.csp">A look at new cases the Supreme Court to consider</a></h4> <span class="author vcard"><span class="fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-10-02T08:56:02.605-06:00">Updated Oct 2, 2014 08:56AM MDT</span></h5> <div class ="entry-content">A brief look at the new cases that the Supreme Court said Thursday it would consider during its 2014-2015 term, which begins Monday: —Whether retailer Abercrombie & Fitch discriminated against a Muslim woman who was denied a job because her headscarf conflicted with the company’s dress code, which the clothing chain has since changed. The Obama administration is appealing a lower court decision that said the New Albany, Ohio-based company did not discriminate because the job applicant did not sp...</div> <h5><a rel="item-license" href="#license-584806802014-10-02T08:56:02.605-06:00" id="#license-2014-10-02T08:56:02.605-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58480680@www.sltrib.com Thu, 02 Oct 2014 08:56:02 MDT Mexico’s housing refinance boom lifting spending http://www.sltrib.com/sltrib/money/58459719-79/percent-mexico-mortgage-bank.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58459719-79/percent-mexico-mortgage-bank.html.csp">Mexico’s housing refinance boom lifting spending</a></h4> <span class="author vcard"><span class="fn">By Isabella Cota</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-09-26T15:53:01.975-06:00">Updated Sep 26, 2014 03:53PM MDT</span></h5> <div class ="entry-content">Mexico City — When Arturo Sosa refinanced his mortgage this year, he decided to spend some of the money he saved. “I took a weekend trip to Vegas,” said Sosa, who lowered his payment by about 4,000 pesos ($300) a month since refinancing with Banco Santander in April. “The rest I’m saving for the soon-to-be-born baby.” Homeowners in Mexico are taking advantage of record low mortgage rates that have spurred refinancings. After the collapse of the country’s three biggest homebuilders last year stal...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58459719@www.sltrib.com Fri, 26 Sep 2014 15:53:01 MDT West Valley City may suspend new housing zones http://www.sltrib.com/sltrib/politics/58450550-90/agricultural-cottle-council-development.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/politics/58450550-90/agricultural-cottle-council-development.html.csp">West Valley City may suspend new housing zones</a></h4> <span class="author vcard"><span class="fn">By christopher Smart</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-09-25T08:24:21.454-06:00">Updated Sep 25, 2014 08:24AM MDT</span></h5> <div class ="entry-content">West Valley City • Hold the bulldozers and backhoes, the West Valley City Council is poised to place a moratorium on rezoning for new housing developments in the burgeoning community where precious little open land remains. A public hearing and council vote on the proposed six-month suspension of rezoning is scheduled for 6:30 p.m. Oct. 7 at West Valley City Hall, 3600 Constitution Blvd. It comes as Utah’s second largest city — population 130,000 — has only 300 to 500 acres of open land left, sa...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58450550@www.sltrib.com Thu, 25 Sep 2014 08:24:21 MDT Sales of new homes in U.S. soared in August http://www.sltrib.com/sltrib/money/58450265-79/sales-percent-august-homes.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58450265-79/sales-percent-august-homes.html.csp">Sales of new homes in U.S. soared in August</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-24T09:30:02.201-06:00">Updated Sep 24, 2014 09:30AM MDT</span></h5> <div class ="entry-content">Washington • U.S. sales of new homes surged in August, led by a wave of buying in the West and Northeast. The Commerce Department said Wednesday that new-home sales climbed 18 percent last month to a seasonally adjusted annual rate of 504,000. The report also revised up the July sales rate to 427,000 from 412,000. Newly constructed homes sold at the fastest clip since May 2008. It’s a clear sign of improvement for a real estate market that has been muddled in recent months, as the rebound in sal...</div> <h5><a rel="item-license" href="#license-584502652014-09-24T09:30:02.201-06:00" id="#license-2014-09-24T09:30:02.201-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58450265@www.sltrib.com Wed, 24 Sep 2014 09:30:02 MDT Utah man pleads guilty to race-related threat http://www.sltrib.com/sltrib/news/58446835-78/threatening-charge-guilty-keller.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58446835-78/threatening-charge-guilty-keller.html.csp">Utah man pleads guilty to race-related threat</a></h4> <span class="author source-org vcard"><span class="org fn">The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-09-23T19:59:00.112-06:00">Updated Sep 23, 2014 07:59PM MDT</span></h5> <div class ="entry-content">A 71-year-old Hurricane man pleaded guilty Tuesday to a federal crime for writing threatening letters to neighbors in a housing complex after an African-American male moved in with a family there. Robert Keller admitted that he sent a threatening note to the interracial family that was living in Quail Lake Estates in Hurricane after the brother of the woman moved in with her and her husband. Keller faces up to a year in prison and a $100,000 fine after admitting he violated the Fair Housing Act...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58446835@www.sltrib.com Tue, 23 Sep 2014 19:59:00 MDT U.S. existing home sales decline in August http://www.sltrib.com/sltrib/money/58441690-79/percent-sales-august-buyers.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58441690-79/percent-sales-august-buyers.html.csp">U.S. existing home sales decline in August</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-22T10:06:02.038-06:00">Updated Sep 22, 2014 10:06AM MDT</span></h5> <div class ="entry-content">Washington • Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a four-month streak of gains. August sales are down from a July rate of 5.14 million, a figure that was revised slightly downward. Much of the decline came from the exodus of investors, who had been buying proper...</div> <h5><a rel="item-license" href="#license-584416902014-09-22T10:06:02.038-06:00" id="#license-2014-09-22T10:06:02.038-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58441690@www.sltrib.com Mon, 22 Sep 2014 10:06:02 MDT Washington Post: Economy improves, but not everyone is sharing http://www.sltrib.com/sltrib/opinion/58433284-82/wealth-fed-households-income.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58433284-82/wealth-fed-households-income.html.csp">Washington Post: Economy improves, but not everyone is sharing</a></h4>