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Utah Economic News

Silicon Slopes, Recreation Economy, Conservative government and burgeoning transportation hub status drive stellar results.

In mid-May, business and community leaders hosted the first-ever Wasatch Back Economic Summit, a collaborative effort to share information and new initiatives amongst the stakeholders of Park City, Heber Valley and Wasatch and Summit Counties. The data that emerged from the meeting was exciting, as it revealed that we are the strongest economic region in the country.

Contrary to popular belief, there’s far more driving our local economy than the second home market, though it was interesting to learn that across the Wasatch Back area, on average 50% of the properties are owned by second homeowners.

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Jerry Urwin

I am originally from London, England. I attended Eton College before graduating from the University of Bristol with a BSc Hons in Economics and Accounting in 1995. After graduating, I joined Citibank in London as a Foreign Exchange Trader and quickly proved himself as a positive, focused and highly productive trader. I later concluded my FX career running a trading desk in New York. It was from NY that I and my young family first visited Park City and we instantly appreciated its awesome beauty, fabulous amenities, unique location and family focused fun. "I had contacted a realtor and was looking at potential properties before we had finished our first ski trip!" It took a further 4 years from when I initially bought a vacation home in Deer Valley before I was able to engineer a permanent move to Utah. Being on all the different sides of Park City home ownership, I feel that I have a rare perspective which I look forward to sharing with you. I take great pleasure from assisting my clients with their purchases and sales in the area and I look forward to being able to do the same for you. Please don't hesitate to reach out to me directly at any time with any questions at all.

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