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Our local markets started off strong in 2020 with a wonderful boost of mortgage rates under 4%. Now—with the stock market dropping all of its gains in a decade and folks' 401(k) plans looking sickly at best—sellers are scared.
I've written about self-made local millionaire Dell Loy Hansen before. He's the guy who owns the RSL soccer team, and is president of Wasatch Property Management Inc.
It happened. Olympia Hills has been given the green light by the Salt Lake County Council in a 6-to-3 vote in favor of this massive high-density development.