Daybreak, Utah News

High Density Housing in Salt Lake County

High density housing is on the rise throughout Salt Lake County and has been for the past 10 years, but what affect has it had on the housing market, like single-family homes? The University of Utah did a study on this subject and found that the increase in high density housing actually increased the value of single-family homes.  The study concluded that Salt Lake County homes that were located within .5miles of new apartment complexes experienced a 10% annual increase in the average value.  This was in comparison to single-family homes located further away from apartment projects. The research also narrowed the findings into four quadrants and found that the most value occurred in "West" Salt Lake Country, which is comprised of Rose Park, West Valley…

373 Views, 0 Comments

How Realtors in Daybreak Utah Successfully Coped with the Current Pandemic?

The Covid-19 as a public health dilemma has changed every peron’s life in almost every aspect. It also altered businesses on a global scale and created havoc in the real estate sector. Hence, real estate agents in Daybreak Utah are taking bold steps to address each challenge along with this unprecedented crisis by proactively implementing reforms and new real estate systems that are reliable in terms of regular operations and how clients buy or sell homes.

Interventions are in place and little by little, this sector has adapted and strengthened its ways. But the common question still remains—how did realtors in Daybreak Utah successfully coped with the current pandemic? We’ve listed the top three most palpable ways:

Scaled-up Technology-…

270 Views, 0 Comments

7 Biggest Housing Issues in 2021

HomeLight, a real estate referral company, surveyed more than 1000 real estate professionals nationwide asking them what they saw as the biggest housing issues for 2021. 

No surprise, the #1 issue...Inventory Shortages.  We saw 2020 leave us with this same issue so this shouldn't come as a shock.  The NAR (National Association of Realtors) reported that November 2020 had a 22% decrease in available homes compared to November 2019.  The Midwestern region of the US was the least affected by a housing shortage; the South Atlantic was the most affected. 

#2 Issue...Widely distributed vaccines to boost consumer confidence. Also not surprising is how Covid -19 has impacted the housing market.  Of the 1000 agents surveyed, 50% felt that a vaccine could…

454 Views, 0 Comments

Assessing Flood Risks in a Potential Home Purchase

While you might not be too concerned about flooding risks if you live in Utah, well away from the ocean or any coast, this would be a misplaced sense of security. Flooding is the single most common natural disaster in the US, regularly affecting homes in all 50 states, even those that are not near any major bodies of water – and it's something potential homebuyers should be taking into account.

At Daybreak Living, we're happy to offer a variety of realtor services for those looking to buy a home, including assistance with important property details and basics, a category potential flood risks belongs in. What are some of the qualities you should look for here as you do your due diligence on flooding and related areas while searching for a home? Here…

309 Views, 0 Comments

Interior Paint Color Trends for 2021

Covid -19 had a huge impact on home improvement projects and the real estate market in 2020, so it is not surprising that the paint trends chosen for 2021 were also influenced by the pandemic. PPG Paints chose three tones that reflect a "natural and serene" environment to promote a sense of calm to a space. Sherwin Williams' Urbane Bronze also taps into nature with its warm charcoal/gray hue that infuses "tranquility" into a space.  Benjamin Moore chose a cooler color of the year with Aegean Teal to help bring about a balance between "soothing and inviting". Pantone proved to us that gray paint is not going anywhere...at least for another year.  They chose Ultimate Gray, representing "strength", and Illuminating, demonstrating "hopefulness" to showcase…

640 Views, 0 Comments

Improving Home Offer Without Increasing Dollar Amount

In part one of this two-part blog series, we went over some of the basics on how to improve your home offer without necessarily increasing the monetary amount. While offering more money is the simplest way to improve a home offer, there are other variables you can also alter to make an offer stand out from others to a seller facing several.

At Daybreak Living, we're happy to help with numerous parts of the homebuying process, from identifying ideal homes for sale to assistance with financing, such home offers and related areas. We've assisted a variety of clients with all the ins and outs of purchasing a home, including those who are offering in a competitive market and are trying to improve the quality of their offer in subtle ways. Here are a few…

217 Views, 0 Comments

Lender and Loan Themes for a Strong Home Offer

In competitive homebuying situations, particularly in any “seller’s market,” a key factor for buyers will be making a strong home offer once they’ve landed on a home they desire. There’s a decent chance you won’t be the only buyer making an offer on the home, and finding ways to keep your offer competitive and help it stand out from others will go a long way.

At Daybreak Living, we’re here to provide numerous services to those looking to buy one of our homes for sale, from finding a home to providing financing and numerous other steps. While the most obvious way to improve or sweeten any home offer is to add money to it, this is not the only method available to you here. This two-part blog series will go over several ways to make your home offer…

729 Views, 0 Comments

COVID is Changing How We Live

COVID-19, to simply state, has forced us to make drastic changes in our normal lives. In addition to social distancing and wearing masks, many people are now working from home indefinitely and families have chosen to home-school their children. Dining rooms have been converted into home offices, bedrooms are now classrooms, garages resemble home gyms, and yards are make-shift gyms. Finding dual purpose for rooms, that were once our sanctuaries or private spaces, tested our creativity and imagination.  In doing all of that, homeowners did get creative and across the US, we saw more home improvement projects both inside and out.  We also saw home "wish lists" change and more buyers wanting bigger yards and different floorplans.  A recent survey from…

551 Views, 0 Comments

8 Reasons to Love Living in Daybreak

Here in northern Utah, we are big fans of outdoor activities. Even city-dwellers find time to get out in nature. These days, outdoor recreation is more important than ever, since many of our indoor options have become more limited. Daybreak Living has always been fun and exciting, and the opportunities it offers are even more valuable today.

1. Recreation on Oquirrh Lake

This private lake, available only to residents of Daybreak, provides endless opportunity for outdoor fun. You can fish and boat on the 67-acre Oquirrh Lake, or just stroll along the 2-mile trail - paved for easy navigating - that encircles the lake.

2. Amazing Views

No matter which way your single-family home, townhome, twin home or condo or faces, there's something…

535 Views, 0 Comments

Pet Safety During Home Remodels Ahead of a Sale, Part 2

In part one of this two-part blog series, we went over some of the basics on how to prepare a house pet like a cat or a dog for an upcoming remodel. Many homeowners remodel some part of their home before selling it to increase their value, and ensuring pets are safe and comfortable is one of several important themes to keep in mind.

At Daybreak Living, we’re happy to help with every element of Daybreak real estate, including selling a home through one of our fantastic realtors. We’ve assisted many clients with tips and expertise regarding a pre-sale remodel, and we’re here to do the same for you if needed. Here are a few additional themes to consider when it comes to pet safety during a remodel or renovation.

Breaks and Outside Time

…

648 Views, 0 Comments