SunCrest Market Updates

SunCrest Market Updates September SunCrest Market Update Say hello!  Newsletter | Facebook | Instagram  Reality TV and Real Life You may have heard rumors that HGTV was lurking around SunCrest. Indeed, we were contacted by some producers about an upcoming series. It got us thinking: buying or selling  a house on TV is certainly a lot different than real estate in real life. While it’s fun to […]
SunCrest Market Updates August SunCrest Market Update Say hello!  Newsletter | Facebook | Instagram  More SunCrest Development? Draper City recently received a $7.3 million dollar offer from Blue Bison Development on 110 acres of SunCrest area property. Located at approximately 2900 E 16000 S, or just east of the Mercer Hollow subdivision on the Utah County side, this area was declared surplus a few years back (the […]
SunCrest Market Updates July SunCrest Market Update Say hello!  Newsletter | Facebook | Instagram  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 […]
SunCrest Market Updates 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 […]
SunCrest Market Updates April SunCrest Market Update SunCrest Appraisals “The appraisal came in low.” Those are five words you never want to hear in a real estate transaction. Basically, it means that a transaction was based on a home being worth a certain amount of money, but certified appraisers have evaluated the home and in their estimation, determine it’s just not worth […]
SunCrest Development March SunCrest Market Update Hidden Canyon Estates – Coming Soon! Get ready for some new neighbors in our mountaintop community — Hidden Canyon Estates is coming soon (Don’t miss a beat— sign up for development updates here). This development sits on approximately 103 acres located east of SunCrest Drive. What To Expect Currently, the development is approved for a […]
SunCrest Market Updates February SunCrest Market Update Say hello!  Newsletter | Facebook | Instagram  Last month, we mentioned 2015 was best overall year for homeowners since 2007 thanks to steady demand, attractive interest rates, and a healthy Utah job market. This month, we forecast into 2016… Interest rates will rise Sure, this may not be a bold predication, but one that we anticipate will impact most looking to […]
SunCrest Market Updates January SunCrest Market Update Say hello!  Newsletter | Facebook | Instagram  January SunCrest Market Update 2015 marked the best overall year for SunCrest homeowners since 2007 thanks to steady demand, attractive interest rates, and a healthy Utah job market. As we start our 16th year assisting families with their SunCrest real estate needs, let’s look back at 2015: Q1 2015 If you recall, last […]
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SunCrest Market Updates December SunCrest Market Update Earlier this month, our phones were buzzing with questions from clients wondering if mortgage rates would be impacted from the Federal Reserve’s decision to raise the key fund rate. “If only we had a crystal ball,” was what we found ourselves saying. It’s important to note that home mortgage rates are not directly tied to […]
SunCrest Market Updates November SunCrest Market Update In addition to our hyperlocal SunCrest focus, we’re also involved in national real estate issues. We recently attended the National Association of Realtors conference, a gathering of over 20,000 Realtors. Below we recap a big takeaway from this year’s event. Shiny new objects Technology is changing the way the real estate industry operates, and the […]
SunCrest Market Updates October SunCrest Market Update Have an idea for our next SunCrest Market Update? Submit it here. Want to keep in touch? Subscribe to our newsletter, Facebook, or Instagram.   SunCrest Fall Maintenance Tips Each year, we provide fall maintenance tips to help prepare your home for the winter season. The coming weeks provide a good opportunity (and perhaps a last opportunity) to prepare your SunCrest […]
SunCrest Market Updates September SunCrest Market Update Want to have a say in how SunCrest is (or isn’t) developed? Receive updates through our newsletter, Facebook, or Instagram. Submit your comments to the City website here. SunCrest Open Space Master Plan Draper City is currently updating the Open Space Master Plan. At the City’s first open house regarding the matter in September, we […]
SunCrest Market Updates August SunCrest Market Update This topic comes from conversations with residents, friends, and clients, who have asked about distressed properties in SunCrest. If you have a topic you’d like us to cover, submit it here! Utah Foreclosures Utah was recently reported to have a foreclosure inventory at .4% of all homes with a mortgage by CoreLogic, an analytics and […]
SunCrest Market Updates July SunCrest Market Update Pricing Your SunCrest Home The number of homes for sale is currently lower than expected. In a market like this, real estate professionals are often pressured by sellers to put a premium price tag on their listing, or to float a high asking price and just “test the market.” Many have seen a neighbor’s home […]
SunCrest Market Updates June SunCrest Market Update Since April, you’ve probably noticed “For Sale” signs popping up out of the ground in SunCrest. In chatting with neighbors throughout out the community, we’ve been asked, “Why’s everyone moving? Is there something wrong with SunCrest I don’t know about?” Our answer: Nope! Just like tulips emerging each Spring, this phenomenon happens about this time […]
SunCrest Market Updates May SunCrest Market Update Vacation Homes Surging According to the 2015 Investment and Vacation Home Buyers Survey from the National Association of Realtors, it’s not just primary homes that have seen an upturn in the real estate market–vacation home sales were up 57.4% from 2013. Vacation home sales accounted for 21% of all transactions nationwide in 2014, the highest since 2003. […]
SunCrest Market Updates April SunCrest Market Update Download this Market Update. Hidden Canyon Estates, Mercer Mountain Estates and Lakeview Heights There’s more development in motion in SunCrest! Recently, Draper City Council approved a master development agreement regarding the properties known as Hidden Canyon Estates, Mercer Mountain Estates and Lakeview Heights. Hidden Canyon Estates Located adjacent to the Stoneleigh Heights Townhomes and the […]