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2016 SunCrest Annual BBQ
Are you ready for the SunCrest Annual BBQ?
Get ready for good food, fun games, and great entertainment! The SunCrest Annual BBQ is this Saturday, August 6th, in the Village Green Park. The games will start at 6pm and include a rock wall, roller ball and bouncy houses. Live entertainment by Joe Friday and dinner by Pittmaster BBQ will start at 6:30pm. At dusk, this weeks “Movie in the Park” on the big screen will be Zootopia. Don’t forget your blankets and lawn chairs!
We are excited to sponsor the event again this year and have some exciting news… Not only we will have an awesome Snapchat geofilter the day of the event, but we’ll be giving away a “Beat The Heat” weekend getaway at Snowbird Mountain Resort!
Entering the drawing is easy and there’s 3 ways to earn raffle tickets.
1) Your BBQ ticket
2) Like us on Facebook
3) Follow us on Instagram
Tickets are on sale now and available over the Community Center. Please RSVP with Tracy Kelly (tkelly@ccmcnet.com) at the SunCrest OA to secure your reservation. The cost is $2 per person and this will include a delicious BBQ dish and drink. Payment is accepted in the form of cash or check (payable to the SunCrest OA). RSVP soon, the cost will go up at the door.
Draper City to review offer for property in SunCrest
Draper City is looking at a 7.3 million dollar offer from Blue Bison Development on 110 acres of SunCrest area property that was declared surplus (surplus= the city’s way of saying “for sale”) a few years back. This large piece of real estate is located at approximately 2900 E. 16000 S, or just east of the Mercer Hollow subdivision on the Utah County side. Some additional deets? The buyer is requesting access off of from SunCrest Drive, assuming responsibility for any easements, and agreement of future connections or subdivision needs. Read the full legal stuff and city council packet here.
July SunCrest Market Update
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Lack of listings
As we move towards a complete housing recovery, we believe that the housing crisis is behind us. High five! Doesn’t it feel so good to say that? The total number of SunCrest homes that have sold is up. SunCrest homes are selling faster. SunCrest homes are appreciating. Distressed property sales (think: short sales and foreclosures) have almost completely disappeared in SunCrest.
However, a new challenge has surfaced to affect the SunCrest real estate market — a lack of SunCrest homes for sale. As predicted, buyer demand has remained strong throughout the summer, but there just aren’t enough homes for them to buy. A lack of sellable inventory could be causing a slowing to the SunCrest market.
Last month we discussed how the price of any item is determined by the supply of that item, and the market demand. We closely follow something called “absorption rate,” which basically measures how many homes sell over a given period of time. In 2016 so far, the current monthly absorption rate in SunCrest is 11.33. Or, roughly 11 homes are selling per month in 2016. Our current inventory? Just 22 homes for sale, or a 2-month supply of homes. You picking up what we’re putting down?
Our take:
A lack of listings could be great news for people selling this summer. Sellers may see multiple offers, spend less time on the market, or face less competition for others who aren’t quite ready. Now may be a time to list if you’ve be considering selling. For buyers, even though there’s more competition for fewer homes, interest rates remain at historic low, keeping the cost to own affordable for many.
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.
Draper Days 2016
Draper Days is happening this week and we’ve got all the deets! From the Draper Days parade, concerts, to walking the booths at Draper Park, there is something for everyone.
Draper Nights Concert
The Draper City Park is the site of many of the Draper Days activities, booths, food, items for sale, entertainment and family fun. The activities begin Friday at the park and range from storytelling, pony rides, and BMX demonstrations (full agenda below). Be sure to check out “One More Day”, an unforgettable evening with Diamond Rio performing their greatest hits. Concert begins at Friday at 7PM.
Parade Route
Saturday gets started early at 7AM with 1k/5k race followed by one of our favorites–the parade! The parade starts at 9AM at the corner of Stokes Avenue and Fort Street and travels north on Fort Street and ends at the intersection of Fort Street and Pioneer. The festivities continue all day at Draper Park followed by “Saturday in the Park” – the best of Chicago and Kansas at 7PM. One thing is for sure, you definitely don’t want to miss “God Bless the USA” Fireworks Spectacular at 10PM.
The event is free to the public with separate rides, bounce houses, booths, and food available for purchase. See you around!
Draper Days Schedule 2016
Images courtesy of Draper City.
15168 S. Longbranch Drive | T’s crossed & I’s dotted
$485,000 | 3,965 sq. ft. | 4 beds | 3.5 baths
T’s crossed and I’s dotted. We’re not sure there’s a better way to put it when describing this home because it really has everything covered. This two-story is buttoned up tidy, and sports that open floor plan you’re after.
Walking in, you’ll see those massive vaulted ceilings dotted with just the right amount of windows to let the light shine in.
From there, you’ll probably notice the open loft or office space, then you’ll see the living room and a formal dining room that could fit the whole block (we’ll look for the invite).
Perhaps the best part of the main floor is the kitchen and family. We love the idea of dinner at home while keeping an eye on the young ones, old ones, or four-legged ones.
The master suite upstairs is open and spacious and has everything you should expect to retreat to, not to mention some of the best views in the house.
Downstairs is WIDE open. Space to spread out, space for kids, or space for hobbies – those are just a few ideas, but what’s important here is that you decide what to do with the massive finished space.
Summer nights won’t disappoint from the monstrous Trex deck out back that overlooks both Salt Lake and Utah County. The flat, near quarter-acre fenced yard is really just the cherry on top of all those details offered in this home. You almost feel selfish that such a well-appointed home would also come with those stellar views on such a big lot. Almost.
We’re pretty sure you’ll get over it when you bring over all the neighbors for the house warming party. Inside and outside, this home serves up a delicious dose of sunrises and sunsets daily, and yet you’re not more than 10 minutes to the interstate. Our take? You ought to see in person.
Realtor Charity Challenge
June SunCrest Market Update
Supply and Demand
In most parts of the country, we’re seeing higher than normal housing appreciation and a low inventory of homes for sale. This is causing a stir, and some believe we’re heading down the familiar and dangerous path that led to a bust in the housing market. “Homes are appreciating too quickly” and “people are just settling because there isn’t a better choice” are a few of the more popular phrases we’ve heard.
By definition, supply and demand dictates that the lower the supply, and higher demand, the more people are willing to pay for something. For SunCrest, that means with the current low amount of SunCrest homes for sale, and the steady amount of people looking to buy in the community, home prices are appreciating.
According to the Home Price Expectation Survey — a panel of economists, real estate experts, and market strategists — 50% of the experts cite not enough homes for sale as a primary driver of home values going up. Another 20% believe it’s because interests rates are still at historic lows. Translation: 70% believe limited inventory and low interest rates are causing this push.
We believe there’s a strong third factor: pent up seller demand. Historically, homeowners would stay in their homes an average of 6 years. Since 2007, the number has risen pretty dramatically as the economy struggled, they owed more on their homes than it was worth, and they worried about job security. With those worries somewhat faded, many are looking to finally get out of their current house and into something that better suits their current needs.
Our take:
Looking back over same period last year (Jan-May), the SunCrest market has improved in several areas:
- Homes are selling quicker. The median days on the market down from 113 to 26.
- Home prices are going up. The median home price is up 4.3%.
- Despite a lower number of home available, 11% more homes have sold this year.
There’s no doubt about it. There is a shortage of SunCrest homes for sale and folks who are ready to buy. While this doesn’t guarantee a quick sale, now’s the time to list if you’ve been on the fence about moving. And with home prices rising, it’s the time to buy before you get priced out.
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.
1822 E. Walnut Grove Drive | Plant your roots
$310,000 | 2,360 sq. ft. | 3 beds | 2.5 baths
We love helping people find a place where they can put down roots. You know the feeling – digging your feet in the soil and really becoming a part of the landscape, and blossoming alongside a community of neighbors that become close friends.
This house might just be the perfect place to do that.
Oh, it’s not just because this house has a flat, fully-fenced and fully-landscaped .16 acre lot that makes us think that (although it doesn’t hurt)…
It’s more about the whole package that makes it the perfect place to plant yourself and grow.
The master retreat is planted on the back of the home and has pocket views of the Maple Hollow Corridor, which is a perfect place to hike among the Gambel Oak, by the way.
The inviting entry and two other rooms upstairs are perfect for an office, guests, or your little sprouts (see what we did there?). But if you want to branch out a little more, use the downstairs space to create a hobby room, theater room, or play room; you’ve got the square footage.
Think of all you can do to cultivate this house into your home -the yard, the basement, and your personal touches – contact us to see it today, all it needs is you!
2007 E. Aspen Grove Court | Cul-de-sac views
$325,000 | 2,192 sq. ft. | 3 beds | 2.5 baths
Stunning, panoramic 180 degree views dominate every window in this SunCrest 2-story.
Located on a secluded cul-de-sac location, living here means your daily routine includes waking up to the Great Salt Lake, Antelope Island, downtown SLC, or being tucked into bed by the Lone Peak Wilderness range. You pick, it’s literally out your backdoor.
The outdoor space, complete with a Trex deck, spiral staircase, and pergola was created to maximize those sweeping views.
The flowing kitchen, dining and family make entertaining as easy (and as enjoyable) as pie.
The master bedroom provides our favorite viewpoint, and makes unwinding after work inviting and relaxing.
It’s not just the visible updates like new stainless appliances, windows, blinds, doors, custom workshop and outdoor space that make it move-in ready, but the stuff you don’t see has been updated, too: plumbing, water heater, furnace. Combine all the updates with those jaw-dropping views and you can be confident with this home buying decision. The only questions you’ll be asking is, “When can I see it?” and “When can I move in?”
15122 S. Eagle Chase Drive | Before & After
$325,000 | 3,336 sq. ft. | 3 beds | 2 baths
Goals. That’s really what we’re all about. We’re not just about the sign in the yard, the paperwork, and posting a few pics online. We’re about you. We’re about your goals and your timing. When we met with these sellers months ago, their goal was clear. Update the home and get it ready to sell.
Our approach: Create a unified feeling that you can use to make it your own. We managed the process of scheduling contractors, meeting deadlines, staying within budget, and honoring commitments while always letting the sellers be the decision maker. The result? They were able focus on things important in their life—family, friends, work, and hobbies and together we created a “schedule the moving truck and order the obligatory moving day pizza” move-in-ready home.
Just walk through the front door and you’ll see the updates still sparkling. What is it about the smell of fresh paint and carpet that gets your blood moving?
The main floor living design has nice, vaulted ceiling and offers plenty of open space. The kitchen, lined with granite countertops, flows right in to the family room.If open concept living is a must, throw out a fist bump ’cause this place is as wide open as they come.
The bathroom and bedrooms received touchups, fresh paint and carpet. We even bid adieu to the carpet in the master bathroom, but could bring it back if thats your thing?
The landscaping is equal parts clean and comfortable.The large backyard patio is great for relaxing with a tall glass of lemonade, demonstrating your bbq skills, or just good old fashion hanging out(side).
Schedule a tour to see it in person and then relax, the updates have all been done for you.
