UTAH GOLF COMMUNITY TEEING UP SALES

The St. George, Utah, new home market is heating up, especially at Entrada at Snow Canyon, a private golf course community that has weathered the housing and real estate downturn in the U.S.

Construction is under way on many Entrada homes and the community is on track to complete 60 homes for 2012.

“It should be no surprise that we are seeing this kind of activity. When buyers from big markets like Los Angeles can sell their homes and move to a less costly, desirable community, a real estate market like St. George can change overnight,” says Dara Tancredi, owner of Southern Utah Development Ltd.

“There is a ton of pent-up demand caused by the real estate blowout of 2006-2010. Couple that with a rapid decrease in inventory generated from out-of-town buyers, and those two factors create a dynamic market for Entrada homes.”

Riley Richardson, co-owner of Richardson Brothers Custom Homes with his brother Rick, have been build- ing in St. George since 1993.

“We have been through all kinds of real estate markets, but the last few years have been difficult for all the area builders. There is definitely a change in attitude this year over last year.”

With a population of about 73,000, St. George is a popular tourist destination because of its warm climate, spectacular topography and close proximity to Zion National Park.