July SunCrest Market Update

The Housing Shortage
Right now, we have a housing shortage. Homes for sale have been in short supply for a while now, but as businesses have adjusted to the pandemic and many workers will be at home for the foreseeable future, there’s been a surge of buyers looking to change their housing situation.

What Does This Mean?
Essentially, more people are competing to buy fewer houses. This imbalance leads to a shortage in housing, which in turn drives up home prices, creates competitive bidding wars, multiple offer scenarios, and means that houses that go up for sale tend to go under contract much faster. For buyers, buckle up, it may get bumpy. It’s not uncommon to see offers above a seller asking price, strategic contract terms, and quick timeframes. It’s likely to be competitive for the foreseeable future until we see more homes come to the market and inventory stabilizes. The good news is, rates have never been better. The average rate for a 30 year loan is now below 3%. Qualified buyers are able to purchase more homes for their money. Upsizing, downsizing, or a change of lifestyle can now mean more favorable financing, too. For sellers, there’s huge upside as more competition means you may get a better offer, if you play your cards right.

Our Take
If you’re thinking of selling or selling, we wouldn’t be concerned about putting your house on the market right now or jumping into these competitive waters. There’s no better time to sell an item than when demand for it is high and supply is limited. Smart buyers who make intelligent moves and creative offers can pounce on great homes with outstanding interest rates. Today’s landscape is definitely different and we always recommend partnering with a true expert, to navigate the housing shortage.

Posted on July 28, 2020 at 4:48 pm
Scott Steadman | Category: SunCrest Market Updates | Tagged , , ,

SunCrest Lifestyle Rebrand

Since we started SunCrest Lifestyle in 2001, we’ve always tried to make it a place for you to find information about our community and the homes in it. It’s changed over the years, and we’ve recently made a few changes. 

First, we completely redesigned our site here at SunCrestLifestyle.Com. We simplified the home page so community news is easier to see, and dedicated a page for our monthly SunCrest Market Update. We kept all the HOA information handy, and have added even better trail information, maps, and videos.

If you’re looking to find a house, we now have a full search feature that is even easier to use. 

Offline, you may notice a new look to our For Sale sign in the yard – that’s still us! Finally, we freshened up the look of our flyers and postcards. We love hearing from all of you about the places you see us.

Thanks for all your support over the years. We’re excited to share our new look with you and look forward to seeing you around the community soon! 

Posted on July 19, 2020 at 9:18 pm
Scott Steadman | Category: SunCrest News | Tagged ,

This Is Us SunCrest Parade

With our city’s celebration and parade cancelled, SunCrest Residents Roger Kraft and Alicia Dahl decided to plan their own just for our neighborhood.

The SunCrest Parade was an amazing event and one that will definitely be remembered! Special thanks to all those who planned, participated, and attended – SunCrest is the greatest!

Posted on July 12, 2020 at 5:39 pm
Scott Steadman | Category: SunCrest Community | Tagged , ,

Danielson’s SunCrest Story


Meet the Danielson’s. Their #SunCrestStory started during a heavy winter 12 years ago. “People look out for each other up here. It’s different—you feel safe and a part of something.” From painted seashells to a self-proclaimed trophy husband, this is one story you don’t want to miss!

Posted on June 30, 2020 at 9:15 am
Scott Steadman | Category: SunCrest Community, SunCrest Story | Tagged

Thank You, First Responders


What a weekend, SunCrest.

We are humbled and incredibly grateful for the countless number of first responders who quickly got to work on the #traversefire. Your dedication, sacrifice, hard work, and quick response is nothing short of amazing and we are continually appreciative of all that you do. THANK YOU!

We’re relieved that evacuation orders have been lifted and we can rest a little easier. While we are so thankful the fire wasn’t worse, it was an unfortunate reminder to us all how quickly things can spread and how careful and cautious we need to be. Stay safe and cautious out there.

Posted on June 30, 2020 at 2:36 am
Scott Steadman | Category: SunCrest Community

5 questions to ask when hiring a Realtor


Having a great real estate professional on your team when buying or selling a house can be a huge help, and can save you loads of stress, hassle, headache, and money.

But how do you hire a Realtor? We always recommend interviewing an agent before hiring them, and here are a few sample questions to consider in the interview process.

Posted on June 29, 2020 at 4:14 am
Scott Steadman | Category: SunCrest Community | Tagged , ,

Two Hollows Trail Highlight

The Two Hollows Trail is a mellow, peaceful trail that canvasses the East side of the SunCrest area. It’s a double wide track that is great for groups, families, and kiddos. Horses are also able to use this trail and yes, dogs are permitted on leash – woof, woof!

Getting to the trail is pretty easy thanks to its multiple access points. Canyon Point Road in Hidden Canyon Estates, Winged Trace Court in Mercer Reserve. The Two Hollows trail is an “out and back” style trail which allows hikers to choose a distance that best matches their hiking preferences. The Two Hollows Trail also connects to Mercer Mountain, Mercer Hollow, Fango, Hog Hollow, and Pork-U-Pine. If you’re up for an adventure, you’ve definitely got options here!

This trail features unobstructed views of the Mt. Timpanogos, Highland and Alpine City, and the Traverse Mountain Wilderness range. While hiking, keep an eye out for wildlife – deer, porcupine, and even an occasional Moose (yep, MOOSE!) in the less busier months. Expect to see dogs on leash (don’t forget yours!), hikers, bikers, families, and wildflowers. Most of the trail is exposed so sunscreen and water are recommended. Tip: This is a great trail for running!

We can’t wait to see your adventures! Be sure to share your pictures by tagging us @suncrestlifestyle.

Interested in other hikes in the SunCrest area? Check ’em all out here.

Enjoy!

Posted on June 23, 2020 at 5:09 pm
Scott Steadman | Category: SunCrest Community | Tagged ,

June SunCrest Market Update


Having a great real estate professional on your team when buying or selling a house can be a huge help, and can save you loads of stress, hassle, headache, and money. But how do you hire a Realtor? We always recommend interviewing an agent before hiring them, and below are a few sample questions to consider in the interview process.

What’s your experience in the industry?
While tenure in the industry may be an important factor to consider, think about continuing education. Ongoing trainings, mentorships, and professional involvement are critical to an agent’s continued success and longevity. To be licensed, a real estate agent needs just over a hundred hours of coursework, but there is no minimum education, vocational training, or on the job experience requirement. Understanding how an agent is staying active, involved, and educated in the field will help you understand how your values may align.

What’s your experience in the neighborhood?
Neighborhoods have stories to tell and it’s important they are told right. People buy into communities just as much as they do the individual home. We recommend asking about real-life experience in your area and their ability to service it. Agents who know the neighborhood and its nearby amenities, schools, and attractions will much more effectively sell a home, and much more earnestly help you buy your own.

What’s included in your services?
From pre-listing activities, price guidance, a Multiple Listing Service posting, contract negotiations and management, and general advice (to name a few), there’s no standard model for “what’s included” and many agents, teams, and brokerages vary. Understanding what’s included ahead of time can potentially eliminate surprises down the road.

Where and how will my home be marketed?
In the past 20 years, real estate has gone from paper printouts to 3D tours. Every agent will have a different strategy for marketing their clients’ homes, so you’ll want to know exactly how your agent plans to find buyers for your home. Local, domestic, international. Print, digital, and social media. Open houses and virtual walkthroughs. Know their plan, and ask why they believe it’s right for your home.

In your own words, why should we hire you?
This is a good open ended question that allows the agents you’re interviewing to answer how they feel best. Take note of how they answer and what they say. Does it align with your goals and timing? In most cases, you’ll be working regularly with your agent on what is most people’s biggest purchase of their life, so you want to make sure you can work well together.

Our Take
It’s up to you to find the right real estate agent, and the more prepared you are when you decide to interview them, the better. Take the time to figure out what you want from your agent, and find the right fit to help guide you through the process from start to finish.

Posted on June 11, 2020 at 11:00 pm
Scott Steadman | Category: SunCrest Market Updates | Tagged , ,

Alien Tower Trail Highlight

The Deer Ridge Off Leash Area, more commonly referred to as the Alien Tower Trail, is one of the most popular trails to hike in SunCrest. It is a wide trail that makes it great for groups, families, kiddos, and the majority of the hike is a designated off leash area – perfect for your furry friends.

The trail starts at approximately 15215 S. Deer Ridge Drive. It’s pretty easy to find and accommodates plenty of parking. The trail is an “out and back” style trail which allows hikers to choose a distance that best matches their hiking preferences. The most popular destination is hiking to the triangulation tower aka the “Alien Tower” which features 360 degrees of Salt Lake County, Utah County, and the entire SunCrest neighborhood. At the peak, the elevation is just over 6,500 feet.

While hiking up, keep an eye out for wildlife – deer, porcupine, and even an occasional coyote in the less busier months. Expect to see dogs both on and off leash (don’t forget yours!), hikers, bikers, families, wildflowers and of course those coveted SunCrest views. Most of the trail is exposed and it can be a little windy at the peak so be sure to plan accordingly. Sunscreen, water, and a jacket are recommended. Tip: be sure to check back in the winter months, it’s a great snowshoeing trail.

We can’t wait to see your adventures! Be sure to share your pictures by tagging us @suncrestlifestyle.

Interested in other hikes in the SunCrest area? Check ’em all out here.

Enjoy!

Posted on May 28, 2020 at 4:59 pm
Scott Steadman | Category: SunCrest Community | Tagged ,

Smith’s SunCrest Story


Meet the Smith Family. They moved to SunCrest from CA and have enjoyed the community vibe SunCrest offers. In the summers, you can find them outside chasing their “pet” hawks, relaxing at the pool⛱, mingling with neighbors 👥, or snapping pics of moose (or is it mooses or meeses?🙃). Here is the Smith’s #suncreststory

Do you have a #SunCrestStory you’d like to share? Email us at info@suncrestlifestyle.com. We can’t want to hear it.

Posted on May 22, 2020 at 8:25 pm
Scott Steadman | Category: SunCrest Story | Tagged