Looking to buy or build a home in SunCrest? Take a peek at our featured properties here … Featured Properties
It’s not too often that view homes like these come up for sale, so it might be wise to heed our advice: act quickly.
Perched high up on Winged Bluff Lane in SunCrest, this main floor living home is about easy living and soaking up the very views that make SunCrest famous.
If you consider yourself the host(ess) with most(ess), you’re in for a real treat here. Whether it’s Sunday brunch, a casual cocktail party, or getting together with the gang from the good ol’ days, the kitchen and family room open up to the large Trex deck and will pair good company with unbeatable mountain and valley views.
The main floor master is positioned in the back of this place so that everyday sunrises bring new meaning to the old saying “just another day in paradise.”
Two other beds and a universal den or office complete the main floor layout. The downstairs, should you ever dare leave the main floor views, has to be one of the biggest family rooms on the street and is certain to be great space for nights spent at home.
Two other bedrooms, a full bathroom, and a space currently being used a salon (but yours to customize) round out this SunCrest home. If you don’t move fast, the next view will be the “Sold” sign out front.
Plucked straight from the “what’s what” in home fashion trends, this home at 1792 E. Auburn Ridge Lane serves up a delicious dose of oohs and ahhs.
The owners went all out on the jaw dropping remodel. Starting with the kitchen, they added beautiful quartz counters, eye catching subway tile, sleek white cabinets, stainless appliances, and a decorative barn door to boot.
The updates continued in the entry where they opted for a more open feel by removing the former wall – hard to disagree with open concept living, in our book.
Be our guest in the wide open downstairs. This family room will kick your cinema habit in favor of cozying up to watch your favorite flick on the theater style seating.
In the back, transition from indoor to out, with French doors that open up to one of the biggest yards on the block. It’s flat, fully fenced, decorated with mature landscaping, and has a patio perfect for entertaining. Cheers to this one folks; you’re home.
Did interest rates go up?
You probably saw the recent news on the Federal Reserve raising the Federal Fund Rate by 25 basis points (one quarter of a percent). But what does that mean? The small rate hike was anticipated, and is widely thought to indicate confidence in the US economy.
What does it mean for your home and mortgage?
Aside from home equity lines of credit, or mortgage products like an adjustable rate mortgages (A.R.M.) the Fed decision will not affect your current mortgage payment. For those consumers currently in the market for a new home mortgage the news shouldn’t come as a surprise, and its effect is only very small. On average, a new $300,000 mortgage will likely cost borrowers approximately $60 more a month. On the flipside, the stronger economy that led to the interest rate announcement probably means there’s a more stable and competitive work environment.
If we look to the past, rates are still historically low. Over the past 46 years, they’ve been at an average 8.25% — nearly double where they are today. The most recent change isn’t likely to prevent those in the market from purchasing, but continued increases will. What’s more likely to slow the housing market is the limited number of homes currently for sale. People who were on the fence about whether or not to buy or “move up” might start deciding to stay put. This potential trickle down effect is likely to continue to contribute to a lack of inventory.
Our SunCrest Market Update is a hyper-local analysis of the most up-to-date information regarding the SunCrest real estate market. The previous month’s SunCrest housing information and future editions are released monthly.