SunRiver Homes Archives - SunRiver St. George
Homes in sunriver saing george and realty

20 Questions You Should Always Ask Before Buying Real Estate

1.  How much are the HOA fees?

Homeowner Association fees can vary dramatically in planned communities. Older communities that have not been well maintained may find it necessary raise their fees to cover the cost of replacing aging infrastructure. Damage in the community, either natural or man-made, can cause increases in the HOA fees to cover repairs.

  1. Is the property in a flood plain?

Flooding is a big cause of damage to property. Being in a one-hundred year flood plain doesn’t mean that you are safe from flooding for 100 years. The flood plain is a statistical probability. A one-hundred year flood plain means that in any given year the likelihood of the property flooding is one in a hundred.

  1. What are the CC&R’s?

Covenant, codes, and restrictions outline what residents can and cannot do with and to their property. If you plan to build, alter, or change your property, pay close attention to the CC&R’s. They also limit annoying behavior and ensure a neighborhood will continue to provide a comfortable residential environment.

  1. Why are you buying this real estate?

If it will it be your primary residence long-term, you will want to make certain the property and surrounding area will meet your expectations. You will want to know the answers to many of these questions. If you are buying the property as an investment and don’t plan to live there, the answers to your questons may not be as important as the questions your tenants will ask.

  1. Where is the nearest grocery store/clothing store/dentist/doctor/hospital?

You will want to know if you have to traverse crowded intersections or slog through rush hour traffic to buy a gallon of milk. Drive the route to find out how easy it is to follow. Find out if roads aloing the way stay congested much of the day, and when the least congested times are.

  1. How long does it take to get to the nearest…”

Similar, but not the same as #5. Road and traffic conditions dictate how long it takes to travel to your destination. It’s good to ask both questions so you know how far away the amenities are as well as how how much time you need to allow to get there.

  1. Where do the people in the neighborhood go for entertainment and recreation?

It is convenient having entertainment and recreation options close to where you live. You save money on transportation and time in commuting. Also consider the cost of the activities. If your neighbors are upwardly mobile and you are on a fixed income, you may choose not to participate in their costly entertainment.

  1. Is there a neighborhood committee?

You may want to have input as to how the community changes over time. A neighborhood committee allows you the opportunity to do so. One of the huge advantages of a master planned community is knowing what the neighborhood will be like in ten or twenty years. The bylaws of a planned community are insurance that that nice neighborhood you move into today will maintain its integrity.

  1. Are the neighbors friendly?

Talk to the neighbors and ask if they like living in the community. Look around and see if the people who live in the area are happy. If you try to strike up a conversation and the neighbors won’t talk to you, that says something about the area.

  1. Do the CC&R’s restrict obnoxious activities?

However you define obnoxious, is the activity allowed or restricted? Most retirees don’t want an auto repair, welding or paint shop next door. Check the CC&R’s and find out what is allowed. On the othere hand, if you want to have a welding shop, make certain it’s allowed.

  1. What activites are available within walking distance?

Find out how many and what kind of activities are available that you won’t have to drive to attend. It will save you time, frustration and money if you don’t need to deal with driving, parking and traffic to paricipate in community activities. Walking will also allow you to increase you fitness and mingle with neighbors.

  1. Are there any organized activities?

Some communities have a get together once a year. Others, like SunRiver have regular scheduled organized activities. Check out the SunRiver Today community calendar to find out what is planned and how often there is some activity to attend. Organized activities within the community are a great venue to meet and get to know your neighbors.

  1. Do the members of the community get together socially?

Find out if your neighbors attend the planned events. Some activities are well attended, others are put on by a board or committee but the residents don’t enjoy them enough to show up. Plan your visit to the community to coincide with a scheduled activity and see how many people attend.

  1. What kind of feeling do you get from the people you meet on the street?

You can tell a lot about the neighborhood or community from the attitude of people you meet on the street. Decide if the people you meet as you tour the community are the kind of people you want as neighbors. Look for a place that has a positive atmosphere, you will be spending many years in your retirement home.

  1. Is the neighborhood pet-friendly?

If you have a pet, look for signs that your pet will be as welcome as you are. You probably want to find a community where pets are welcome additions to the neighborhood and owners take responsibility for their pets. Sidewalks and pet friendly landscaping make the community more enjoyable for all.

  1. Are there any dog parks?

A good sign of pet friendliness is a dog park. Visit the park if there is one and see how the owners monitor their dogs, and how well the dogs get along. Look to see if the grass and fence are well maintained and that water is available. Some of the best parks are those where the dog owners take responsibility to make certain everything is in working order.

  1. Is the overall neighborhood well kept?

Common areas, community and fitness centers often reflect the management’s overall attention to detail and upkeep of the community. Tour the community and pay attention to the little things. Are weeds festooning the common areas? Is the exercise equipment maintained? Is the pool clean? How does the carpet and paint in the community center look, and how does is smell inside?

  1. Do homeowners keep their properties well maintained?

As you look at the property you are considering, examine the surrounding homes. The yards should be cared for and free of clutter. If you see broken down vehicles littering the street or driveways, you may want to keep looking. See if the exterior of the homes and roofs are in good repair.

  1. Are the surrounding homes pleasantly landscaped?

There is landscaping and then there is planting and putting things in the yard. When you look around the neighborhood, you won’t want to see yards that are eyesores. Think about walking out your front door every day and seeing the yards across the street. If the garish attempt at decorating gives you a headache, you may want to keep looking.

  1. Are the streets well maintained?

This ties back to #1. Streets that are neglected will one day require expensive repair and repaving, and may result in highers HOA fees. Well maintained streets will last longer and make the community look better. They are safer for vehicles and pedestrians.

I hope these 20 questions will help you in selecting your next real estate purchase. For answers to many questions about SunRiver, click here.

homes to invest in at sunriver saint george utah

Why invest in a home at SunRiver?

Investing a home in SunRiver is more than owning a home, it’s an investment in resort style living.

A home at SunRiver is more than a place to live

SunRiver is a 55+ community of people with a similar goal; to enjoy the active adult lifestyle SunRiver offers.

Many of our residents considered other communities before deciding to move to SunRiver. Here are some of their comments:

“Everyone seemed very happy,” SunRiver resident, Carie Garrity said. “We had lunch in the River Walk Grill, and it just seemed a happy place to be. It reminded me of a ballroom dance competition. People were happy and smiling. Quite a few people we talked to are here because they want to be here, and it’s a nice place to be. We didn’t realize how fortunate we were until we got here. We kind of fell into it. St. George was better than we evaluated it. We thought we would be giving up instead of gaining.”

SunRiver resident Roger Thaxton and Carie looked at another community first, and said, “It was a great deal, but when I came down and looked at (the other community), I said, ‘No way.’ It was like being in a prison cell.” He said they drove around the area, Kayenta, Cedar City, Santa Clara, and then they met Peter Judd after looking at models in SunRiver. “I thought, with the ballroom, the view, and the activities, this would be a place for us,” Roger said. “Everyone we met was active.”

“We love sitting in our dining room and looking out at Pine Mountain,” SunRiver resident, Brenda Land said. “It is all so beautiful here, and the people in SunRiver are so friendly.”

What makes a home at SunRiver such a good investment?

SunRiver was conceived, planned, and is now established as the premier 55+ retirement community in Southern Utah. We have so many residents who could live anywhere who have chosen to live here. To understand why a home at SunRiver is such a good investment, consider this:

  • SunRiver is part of St. George, Utah. Miles of walking/biking trails, ample greenspace, and we don’t have the big city problems or congestion. As Roger Thaxton said, “San Diego has better weather, but the costs are horrible and the traffic is even worse.”
  • Our community was planned as a 55+ retirement community from the start. All of the amenities and facilities are designed for, and geared toward our residents.
  • Entertainment is part of SunRiver. We realize that building a retirement community involves more than a place to live, it entails social events and having fun. That’s why so many events and concerts are part of the resort style living here at SunRiver.
  • Our community is sheltered from the hubbub of the city, yet conveniently close to so much. If you choose, you can do all your shopping, receive routine medical care, go out to eat, see a movie, attend a play, and have a full social life without driving more than 15 minutes from home. In many metropolitan areas, you can spend 15 minutes stuck in traffic.
  • The community center at SunRiver offers a wide variety of classes, activities, and opportunities to stay fit and enjoy time with friends.
  • The SunRiver golf course and Bloomington Country Club offer daily challenges. You can ride a golf board at SunRiver (if you think golfing with a cart is fun, you’ve got to try a golf board) while playing our 18 hole championship course. Bloomington is southern Utah’s first country club, and most walkable golf course.
  • With over fifty clubs at SunRiver, you can find neighbors who share a love for the same activities you enjoy. Here are a few of the clubs we have now:
    • Dancing to the Oldies
    • Jazz Dance
    • Square Dance
    • Jam Session
    • Singers
    • Community Theater
    • Biking Club
    • Bocce Ball Club
    • Bowling Club
    • Hiking Club
    • Horseshoes Club
    • Lawn Bowling Club
    • Pickleball Club
    • Swimming Club
    • Tennis Club
    • Lapidary
    • Woodworking

SunRiver residents started these clubs. If we don’t have a club for your favorite activity or hobby, you may be able to start one. Click here to see a complete listing of the clubs at SunRiver.

When you invest in a home, you also invest in the neighborhood

At SunRiver, your neighborhood and the entire community is planned for resort style 55+ retirement living. Your homeowner’s association dues cover the maintenance of all the front yards in the community, plus common areas, the community center, pool, sports courts, and all additional amenity maintenance, association staffing and management.

When prospective residents see the quality and extent of SunRiver’s amenities, and how meticulously the community is cared for, they are often surprised at how low the HOA dues are compared to other 55+ retirement communities.

As SunRiver resident, John Mayer said, “The people here come from all walks of life and all economics. But they’re all here for the same reason, to blend in and enjoy the rest of their lives. They’re financially well off, they’re taxpayers and they pay their way.”

SunRiver is a unique retirement community within the unique community of St. George, Utah

The best way to find out about living in SunRiver is to try it. You can experience three days and two nights at SunRiver at our Discover Villas. Play 18 holes of golf, we’ll give you a $20 gift certificate so you can try Hank’s Riverwalk Grill here at SunRiver, and experience what resort style living is all about. Here is the link to Reserve Your Stay.

When you visit, you will come away with your own personal reasons why you should invest in a home at SunRiver. There is so much to do here, but more than that, we think you will find SunRiver feels like the place you want to live, have fun, spend time, and enjoy being part of the community.

 

Finding the perfect home at Sunriver

12 Steps to Finding the Perfect Home at SunRiver St. George

You worked hard for years; and now you’re ready, or almost ready to retire. You deserve the perfect home. I think you’ll agree that finding the perfect home includes a great location, a well-maintained neighborhood, award-winning amenities, and good neighbors.

We were thinking; how can we help you find the perfect home at SunRiver St. George? Then we thought; how about a blog post with 12 steps to finding the perfect home at SunRiver? So, here it is.

  1. Schedule a visit to SunRiver St. George.

This is easy. Go online and tell us you want to spend three days and two nights in a designer furnished 2-bedroom villa right here at SunRiver St. George for only $99. Reserve your stay today.

  1. While you are here, take advantage of the activities and amenities.

Come play 18 holes, lay by the pool or play a game of pickle ball. You will experience life at SunRiver first hand at our Discovery Villas. Your stay includes 2 nights in a designer-furnished 2-bedroom home, full access to the SunRiver amenities, and a $20 restaurant voucher to Hank’s Riverwalk Grill.

  1. Go to an event.

Before you reserve your stay, glance at the calendar to see if there is an upcoming event you would like to attend. Take this into account when you schedule your visit. Get to know some of the people who live here and ask them what they think about living at SunRiver St. George. Check us out on Facebook at “SunRiver St. George”, or visit the SunRiver today calendar to see what will be happening during your visit.

  1. Visit the model homes and talk to the SunRiver staff.

Meander through our six award-winning model homes. Take your time finding the perfect home, and visualize how you would customize it. What colors you would choose? Would you use the same window treatments, or choose something different? What wall would you put your bed on?

There’s no hurry.

By the time you meet with our design team, you may have already chosen all your wall and carpet colors.

  1. Take a tour of the community view some lots. See if any of them strike you as the perfect place to build your new home.

It’s one thing to look at a map of available lots and homes. It’s another to stand on the lot, and see what the view will be from your new home. There are magnificent views all around SunRiver St. George. Other prospective residents have noticed that SunRiver just feels like the place they wanted to live.

  1. Tour the SunRiver community center and get a list of the classes they offer.

No consideration of SunRiver can be complete until you have toured the community center. 35,000 square feet of life enhancing activity. Pick up a list of the classes. Talk to our fitness staff and find out how they walk new residents through an evaluation so the classes you take do you the most good.

  1. See how many of the SunRiver clubs are right up your alley.

Since SunRiver St. George has over 50 clubs, with activities from golfing to pottery you are bound to find other residents engaged in interesting pursuits that you also enjoy. Clubs are a wonderful way to meet new people and make friends with your neighbors. Clubs and activities are two reasons you see so many happy people here. Like SunRiver St George’s Lifestyle Manager, Lisa McLeod says, “You don’t stop playing because you grow old – you grow old because you stop playing.”

  1. Wander SunRiver on foot and talk to others who are out taking advantage of St. George’s desert climate.

Go for a walk. You will most likely find residents out enjoying the fresh air. Our clean desert air is restorative. Some of our residents chose SunRiver St. George because of the unpolluted air, clear skies and sunshine.

  1. Go for a jaunt into St. George, take in a play, go to dinner, wander the historical sites, stop for a frozen custard at Nielsen’s, you can’t leave St. George without trying Nielsen’s Frozen Custard. (at least in my opinion)

St. George is filled with places to see, things to do and places to eat. Check out this Ultimate Cheat Sheet to St. George Utah posting for a list of what to do and where to go. Southern Utah is a haven for outdoor activity. From walking and jogging, bicycling, off-road adventure, to SCUBA diving in nearby lakes. Skim the sky in an ultralight or learn to fly at the St. George Regional Airport.

  1. Scour SunRiver’s fifteen custom floor plans and see which of them will be your perfect home.

Visit SunRiver’s website and look at our fifteen floor plans. They are designed with you in mind. Convenient, accessible, with comfortable luxury. With fifteen plans, you’re sure to find one that’s perfect for you.

Would you rather find an existing home and move in right away? There are a few previously owned homes available for purchase in SunRiver. Here is the link to see the homes available now.

  1. Talk to the SunRiver design team and make the perfect home you’ve selected even better.

You found the plan for your perfect home. Now you can work with SunRiver’s talented designers to create a home that captures your imagination. Take some risks. Be bold with color. Throw in a bit of whimsy. This is your home for goodness sake; have some fun.

  1. Talk to a member of SunRiver’s sales team about a “No mortgage payments for life” reverse mortgage.

If your idea of the perfect home includes not having any more payments for the rest of your life, SunRiver has the program for you. While you are visiting, talk to our staff about our no mortgage payments for life program, or click here no mortgage payments for life to find out more information.

There you have it. Our 12 steps to finding the perfect home at SunRiver St. George. Feel free to adjust or add to our list and make it your own.

12 Steps to Finding the Perfect Home at SunRiver St. George

You worked hard for years; and now you’re ready, or almost ready to retire. You deserve the perfect home. I think you’ll agree that finding the perfect home includes a great location, a well-maintained neighborhood, award-winning amenities, and good neighbors.

We were thinking; how can we help you find the perfect home at SunRiver St. George? Then we thought; how about a blog post with 12 steps to finding the perfect home at SunRiver? So, here it is.

  1. Schedule a visit to SunRiver St. George.

This is easy. Go online and tell us you want to spend three days and two nights in a designer furnished 2-bedroom villa right here at SunRiver St. George for only $99. Reserve your stay today.

  1. While you are here, take advantage of the activities and amenities.

Come play 18 holes, lay by the pool or play a game of pickle ball. You will experience life at SunRiver first hand at our Discovery Villas. Your stay includes 2 nights in a designer-furnished 2-bedroom home, full access to the SunRiver amenities, and a $20 restaurant voucher to Hank’s Riverwalk Grill.

  1. Go to an event.

Before you reserve your stay, glance at the calendar to see if there is an upcoming event you would like to attend. Take this into account when you schedule your visit. Get to know some of the people who live here and ask them what they think about living at SunRiver St. George. Check us out on Facebook at “SunRiver St. George”, or visit the SunRiver today calendar to see what will be happening during your visit.

  1. Visit the model homes and talk to the SunRiver staff.

Meander through our six award-winning model homes. Take your time finding the perfect home, and visualize how you would customize it. What colors you would choose? Would you use the same window treatments, or choose something different? What wall would you put your bed on?

There’s no hurry.

By the time you meet with our design team, you may have already chosen all your wall and carpet colors.

  1. Take a tour of the community view some lots. See if any of them strike you as the perfect place to build your new home.

It’s one thing to look at a map of available lots and homes. It’s another to stand on the lot, and see what the view will be from your new home. There are magnificent views all around SunRiver St. George. Other prospective residents have noticed that SunRiver just feels like the place they wanted to live.

  1. Tour the SunRiver community center and get a list of the classes they offer.

No consideration of SunRiver can be complete until you have toured the community center. 35,000 square feet of life enhancing activity. Pick up a list of the classes. Talk to our fitness staff and find out how they walk new residents through an evaluation so the classes you take do you the most good.

  1. See how many of the SunRiver clubs are right up your alley.

Since SunRiver St. George has over 50 clubs, with activities from golfing to pottery you are bound to find other residents engaged in interesting pursuits that you also enjoy. Clubs are a wonderful way to meet new people and make friends with your neighbors. Clubs and activities are two reasons you see so many happy people here. Like SunRiver St George’s Lifestyle Manager, Lisa McLeod says, “You don’t stop playing because you grow old – you grow old because you stop playing.”

  1. Wander SunRiver on foot and talk to others who are out taking advantage of St. George’s desert climate.

Go for a walk. You will most likely find residents out enjoying the fresh air. Our clean desert air is restorative. Some of our residents chose SunRiver St. George because of the unpolluted air, clear skies and sunshine.

  1. Go for a jaunt into St. George, take in a play, go to dinner, wander the historical sites, stop for a frozen custard at Nielsen’s, you can’t leave St. George without trying Nielsen’s Frozen Custard. (at least in my opinion)

St. George is filled with places to see, things to do and places to eat. Check out this Ultimate Cheat Sheet to St. George Utah posting for a list of what to do and where to go. Southern Utah is a haven for outdoor activity. From walking and jogging, bicycling, off-road adventure, to SCUBA diving in nearby lakes. Skim the sky in an ultralight or learn to fly at the St. George Regional Airport.

  1. Scour SunRiver’s fifteen custom floor plans and see which of them will be your perfect home.

Visit SunRiver’s website and look at our fifteen floor plans. They are designed with you in mind. Convenient, accessible, with comfortable luxury. With fifteen plans, you’re sure to find one that’s perfect for you.

Would you rather find an existing home and move in right away? There are a few previously owned homes available for purchase in SunRiver. Here is the link to see the homes available now.

  1. Talk to the SunRiver design team and make the perfect home you’ve selected even better.

You found the plan for your perfect home. Now you can work with SunRiver’s talented designers to create a home that captures your imagination. Take some risks. Be bold with color. Throw in a bit of whimsy. This is your home for goodness sake; have some fun.

  1. Talk to a member of SunRiver’s sales team about a “No mortgage payments for life” reverse mortgage.

If your idea of the perfect home includes not having any more payments for the rest of your life, SunRiver has the program for you. While you are visiting, talk to our staff about our no mortgage payments for life program, or click here no mortgage payments for life to find out more information.

There you have it. Our 12 steps to finding the perfect home at SunRiver St. George. Feel free to adjust or add to our list and make it your own.

Sunriver Realtors and homes

10 things we all hate about real estate

It seems everyone in the real estate business is shady

When you walk through the models at SunRiver and tour the community, you will notice our real estate team doesn’t do much selling. They will explain what the community has to offer, such as the 35,000 square foot community center, sports courts, golf course, and other amenitites. You will find their smiles are real; they enjoy working here.

If you decide SunRiver is your kind of retirement living, and you find a lot and floorplan you love, you get to design your home. Here’s what our designers say about the process.

“Nothing inspires energy and vitality more than creating something new. Working alongside our talented designers at the SunRiver Design Center, you can create a home that captures your imagination. Take some risks. Be bold with color. Throw in a bit of whimsy. This is your home for goodness sake; have some fun.

“We will help you get in touch with your inner designer and help you every step of the way. And with 15 different award-winning floor plans to choose from, we’re sure to have one perfect for your needs. In the end, you’ll have a house that you’re proud to live in, proud to show off and proud to call home.”

Contractors charge inflated prices and hide shoddy work behind sheet rock

SunRiver builders have extensive experience. They will work with you throughout the building process. See something that doesn’t look right? Ask about it. Since we build your house from the ground up, you can see every step of the process. You will be able to see what’s behind the sheetrock before it goes up.

We have built over two thousand homes at SunRiver, and that experience has made us good at our work. If there is a problem with your home, our builders know you will be calling them; it’s in their best interest to build it right the first time.

Real estate agents take the path of least resistance, whether it’s the ethical path or not.

SunRiver’s real estate team is here for the long haul. They are here for you. Your agent will likely become your friend, and someone you talk to if you have questions or concerns. They want to make certain you are happy with your home and your choices.

One SunRiver resident said, “We were given a tour of the model homes and spent some time looking over the entire St. George area. No pressure for us to buy, SunRiver sold itself. Our home was built on schedule without any hassle. We would recommend SunRiver to anyone interested.”

Appraisers always come up with numbers suspiciously close to the sale amount.

Not really suspicious. When they do, it’s because the appraised property is worth the sale amount based on recent sales of comparable properties. Appraisers make adjustments to equalize property’s differences. One reason appraisals often come in on or close to a sales price is real estate agents and mortgage companies usually have a good idea of property values.

More than a few properties appraise for less than the sales amount. Other properties appraise for more than the current sale price. In either case the current sale often falls through, so we don’t see the appraisal.

Bankers get their cut. Lawyers get their cut. Insurance companies get their cut. Uncle Sam gets his cut.

Yep. There’s no denying it. All those places get their share of any major purchase. But they are there for a reason. They make certain you get what you pay for, it’s protected, and you end up owning what you think you’re buying. Uncle Sam…? He gets his cut of everything. But we get the benefit of living in a nation where we can own real estate and keep it.

Real estate can go up in value…but it can also go down

Your home will never be worth nothing. There may be downturns, but they only matter if you have to sell your home while the market is down. If you don’t have to sell, it doesn’t matter what the current market value is. When you buy a home knowing you can make the payments, it doesn’t matter if it’s market value goes down. Most likely, the value will return. Until it does, you have a home to live in and payments that fit your budget.

Real estate isn’t a good investment

It’s big, cumbersome, and immovable. Think of your home, not as an investment, but as a place to live. A home of your own is a great investment when you consider the alternative of being subject to a landlord’s whims and rent increases.

When you rent, at the end of thirty years you have a stack of 360 rent receipts marked “Paid.” When you buy you home, you can have a paid-off deed to your own home and no more payments. Another option you may want to consider is a no-mortgage-payments-for-life reverse mortgage.

You can’t move a house if the neighborhood goes downhill

That’s a big reason to buy or build in a well-planned neighborhood. SunRiver started with a vision; an award-winning master-planned active retirement community that would set the standard for active adult retirement living.

The fulfillment of that vision provides SunRiver residents an unequaled quality of life built around friends, clubs, activities, education, fitness and community in a friendly community that successfully balances privacy and sociability.

Real estate is not a liquid investment

It’s not. But it is a solid investment. As we discussed in the post 5 Tools You Should Be Using if You’re Retired, part of your retirement plan should include sufficient liquid capital to meet expected costs and to allow for unexpected events. Your home is a place to live, it’s not intended to be liquid capital.

These 10 things we hate aren’t reasons not to buy a home, rather they are points to consider when evaluating any real estate.

homes selling quickly

WE’RE SELLING OUT!

We need inventory! We have a good problem, we have sold the bulk of our existing homes we had on the Market! Janet and Sue the power of two is kicking in, especially when you add the power of 7 other agents all doing nothing but selling SunRiver homes. We especially need homes under $300,000. Call 435-688-1000 and have Janet or Sue give you a free evaluation on your home, it’s a great time to sell and move into a new home before they are all gone!

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Phase 47, Now Available!

Phase 47 is now available! This much anticipated phase has the most affordable views of the Valley, Golf Course and Pine Valley Mountain. This phase also has some amazing home sites for the popular Invitations plan. In addition to views it also has some wonderfully private south back yards, the most popular orientation for our climate. There are only 20 lots in this phase so don’t delay, they won’t last long. Call 435.688.1000 today to get a list of premiums for these amazing home sites, ask an agent about non premium lots also available. If you already live in SunRiver and are considering selling and building again, ask about special incentives on commissions and new home pricing!

Interest Rates

Oh no, the Federal Reserve Raised Interest Rates! You may have heard interest rates are going up, what does that actually mean to a home buyer? Without going into a complicated explanation, for fixed rate 30 year mortgages, the interest rate is set by the mortgage market, not the government. The rate is set based on expectations of future inflation. So the fact that the Federal Reserve has indicated that they will act to curb inflation by raising short term interest rates, the most recent ¼ percent increase in rates has not affected the mortgage rates, they are the same as they were before the increase. So we still have a perfect storm if you are buying a house, low interest rates, low home prices and great home and lot selection. The next 6 months are the strongest selling season at SunRiver, so if you are thinking about selling a home, or moving up to a view lot, now is a great time! Call the SunRiver Sales office for a free home evaluation, your home may be worth more than you realized. 435.688.1000

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SunRiver Market – Low on Inventory

We need homes to sell! The inventory of existing homes is at record lows in SunRiver. We currently have less than 30 homes on the market. When you consider SunRiver has close to 2,000 homes completed that’s 1.5% of SunRiver for sale. A healthy market is 4-7%, so you can see why we need your home!

Now may be a good time to take advantage of low interest rates and upgrade to a home on the golf course, or purchase a new home to enjoy the larger garages and updated energy efficiency. We have some amazing view lots now available on the south edge of SunRiver.

Call the Real Estate Office (435-688-1000) today and get a free evaluation of you home value, also take advantage of our fantastic listing agents “Janet and Sue the power of two!”

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Many Options to Buy a Home at SunRiver

What options do you have when purchasing a home at SunRiver? Unlike many communities you have many options when working with SunRiver Realty. We sell the new homes that are built and ready for occupancy, we also will help you build a home from scratch on the lot of your choice, and we also can help you purchase an existing home that is sold by a private party. With so many options what should you do? The first step is deciding what is important to you. If you want a golf course lot, these are all sold and only available from private parties. If you want a view of the city lights and Pine Valley Mountain we have brand new lots available with spectacular views. If you are looking for a second home and want to stay under $200,000 a private sale would be your only option. SunRiver Realty has all the homes they represent on their website at www.sunriver.com. We would also love to discuss all the financing options and plans that allow you to secure a lot while your home is selling. SunRiver Realty is your one stop shop for buying and selling in Southern Utah’s Best Selling Community. Call us at 435.688.1000

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A Summer of Success at SunRiver Sales

July was a great month with 20 new home sales, double what we normally sell in a month. We are excited that August ended with 11 sales and 4 or 5 good prospects for September with one sale today. As a sales manager after an above average month your concern is the pipeline is empty. I’m encouraged that demand is still strong, demand is driven by the national real estate market that is showing continued strength. Buyers are selling their homes so quickly, they visit and purchase a home before they put their home on the market, then knowing they have a home ready when their home sells. Development is staying ahead of us with exciting new phases and spectacular views, some of the best views in SunRiver are yet to come. If you live in SunRiver and would like to sell your home and purchase a new home or your situation has changed, our demand for existing homes is even higher, especially under $250,000. Call today for a free home evaluation 435.688.1000

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