Utah Business and Economic Development

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Opendoor’s iBuyer Model Is a Canary in the Economy of Housing Coal Mine

The company is losing huge sums of money on cookie-cutter homes—suggesting a fundamental weakness in the US housing market.

Fintechs to Start Issuing 7(a) Loans Up to $5 Million If New SBA Rule Change Is Approved

The change, if greenlighted, would lift a 40-year moratorium to expand the SBA’s lender base.

Charter schools fail at astounding rate, report says

The study, Broken Promises: An Analysis of Charter School Closures from 1999-2017, also shows how initial investment in developing charter schools was often squandereed. Nearly $1 billion of the overall $4 billion given through the U.S. Department of Education’s Charter Schools Program, “was given to schools that never opened as well as to many that were opened and then closed,” according to the research.

Montana Senator Jon Tester Pushes Experts on American Farm Purchases by Foreign Entities

Tester concluded: “And if no one is checking this out…it seems to me we’re opening ourselves up to a risk we might regret later.”

Remote Work Drove Over 60% of House-Price Surge, Fed Study Finds

The shift to work-from-home policies drove more than 60 percent of the dramatic recent growth in U.S. house prices, according to a Fed study.

Where Housing Costs Are Falling Fastest

Western cities like Seattle, Las Vegas and San Jose are feeling the sting of economic headwinds and experiencing house price and volume drops.

Rent prices hit all-time high, but reports signal a coming cool down

Prices are up more than eleven percent compared to 2021. The average one-bedroom costs $1,503 per month, while the average two-bedroom costs $1,845.

Why tackling climate change means a stronger economy — according to Janet Yellen

If we were more dependent on the wind and the sun for electric power, we would be much less vulnerable to the kind of geopolitical shocks that we’re experiencing with Russia and Ukraine and, of course, other parts of the world where there are issues that can lead to skyrocketing oil prices.

Recyclable turbine blades now available for onshore wind energy projects

The company reports that, although around 85% of a wind turbines can be fully recycled at the end of their working lives, many of their huge blades end up in landfill. The RecyclableBlades project was created to change that.

Radically Rural: How Investing in Branding Is Helping Rural Communities Come Out on Top

The pandemic expanded opportunities for workers to have more choice about where they live. Rural places could benefit.