@Anthony Hurlburt , I'm assuming @Bill S. is referring to the inversion. It has been a growing problem that appears on the news weekly during the winter.
That being said @Andy C. , Utah county has a lot of tech companies coming in and Ogden has a growing economy and growing population as well. However, Salt Lake Valley seems to be a bit overinflated at the moment due to the lack of supply.
Here are some local issues or things of note that might affect the market besides the forementioned Smog problem. Utah has a large Mormon population which favors larger families and family focus which frequently encourages those that move away from the state to eventually return. The outdoor community is also pretty influential in the area, with many people moving here for the mountains. The U of U and BYU both have good rankings and both focus heavily on small businesses and entrepreneurship usually leading to more businesses. That being said, it seems like there are many real-estate investor wannabees (myself included) who overinflate the market on things such as multifamily. There have also been some threats by some local companies to move the Outdoor Retailer Show, which has been advertised as bringing in 500 million dollars into the local economy, but that seems high and is probably a total rather than annual figure. There are a number of DOD contractor companies that are based here locally including a new Boeing plant. In general, Salt Lake and the surrounding area has a pretty educated population encouraging more companies to open up locations here.
There is always more, but hopefully, that's a nice little snapshot of the Greater Salt Lake area.