About Herriman's Rosecrest

Salt Lake New Homes For Sale in South Valley

The Village At Rosecrest is at the center of New Homes For Sale In Herriman Utah.

Rosecrest is a well thought out master planned community in the South end of the Salt Lake Valley that deserves consideration when Utah home buyers are comparing affordability, location, and lifestyle.

Developed by the Sorenson Real Estate Group, Rosecrest is home to many fine communities, and ranks with Daybreak in South Jordan,and Suncrest in Draper as one of Salt Lake Lake City's premier developments.

The village at Rosecrest offers New Townhomes from $177,650 and single family detached Homes starting at $224,900.

Folks that buy homes at The Village at Rosecrest enjoy a bundle of exclusive amenities as well as the pleasure and use of many perks built in to the purchase of their New Herriman UT Home in the Villages.

Salt Lakework from home professionals can enjoy a rather unique concept at The Village by investing in one of the 8 live-work units that provide the Herriman Homes Buyers with 400+ square feet of store front office space.

Selection of Homes at The Village at Rosecrest:

The Village at Rosecrest has plans for 370 Single Family Homes and Town Homes. In Herriman where few new condominiums have been built, these homes under $225,000 should sell quickly to first time home buyers in Salt Lake City.

One hundred thirty of these Village Homes will be Courtyard House.

One hundred three are sold as Garden Homes.

One hundred twelve will be single family homes.

Twenty five of the Herriman homes for sale will be traditional Town Homes.

The Village at Rosecrest amenities:

Over 12 acres of open space and parks.

Miles of paved trails.

New Community Clubhouse.

Outdoor Pool.

Hot Tub.

Excersise Facility.

Location and access from The Village at Rosecrest-Herriman Utah:

Downtown Salt Lake City. 35 minutes

University Mall- Provo UT. 25 minutes

University of Utah. 35 minutes

Brigham Young University. 30 minutes

Salt Lake International Airport. 25 minutes

If you are a potential Salt Lake New Home buyer, you really need to grab your Realtor and ask them to show you the New Town homes and Single Family Homes @ The Village at Rosecrest in Herriman Utah.

Think you don't need an agent?

Read this article by my friend Jay Thompson about dual agency and I think you'll agree . You should have your own representation. It's FREE, and It's SMART !

If you don't have an agent, we'd be happy to help. Give us a call @ 801-567-0946.

Better yet, stop by our site @ Salt Lake Real Estate and see how serious we take this business. Let our website be our resume.

In any event, we sure would like to show you the Town Homes @ The Village at Rosecrest in Herriman Utah.

Almost every one that calls lately about Real Estate wants me to take a look at Foreclosed Herriman UT Homes for Sale.

Why ?

Because Herriman UT is the capital of Bank Owned Homes and Short Sale opportunities in Utah.

 I guess the title is passed back and forth between the various luxury neighborhoods surrounding Rosecrest, and the upscale homes that are having foreclosures problems in Draper.

Either way, home buyers, looking to take advantage of the best buyers market in many years and Real Estate Investors that have decided that now is the time and this is the place, all want to know whats happening with foreclosures in Herriman.

Frankly in a market like this it doesn't do much good to go back and look at what was happening last year or even last month. We need to know whats happening now. So with that in mind, I'm offering some statistics and commentary on what has happened to Herriman houses in the last 30 days, with special attention to "short sales" in Herriman (which are facing foreclosure) and foreclosed homes, or (Bank Owned REOs) in that part of Salt Lake.

Homes For Sale In Herriman UT:
There are currently 396 homes for sale in Herriman. Three hundred seventy eight are single family houses and 18 are Condominiums listed for sale on the Wasatch Front MLS. 
One hundred thirty seven of these homes are distressed properties. IE: Short sales, Pre-Foreclosures, Bank Owned REOs, HUD Homes, Homesteps, or in the hands of trustees.
That means that about 35% of the total homes for sale could be a potential "good buy".
Only 5 of these are condos.

Herriman Homes For sale Last 30 Days:
In the last 30 days, 64 new homes were added to those listed on the MLS.
Thirty homes were sold in Herriman in the last 30 days.
Only 2 of those were Condominiums.
10 of those, or 30% of the new housing inventory were distressed homes.
5 were short sales and 5 were foreclosed houses.
27 Herriman Homes were placed under contract over the last 30 days.
Thirteen were distressed properties. (about 48% of new contracts)
Nine were short sales.
Four were homes that were foreclosed on and now owned by the bank.

Foreclosed Homes and Short Sales Sold In Herriman UT: (Last 30 days)
Price range of homes sold was from $200,000 for a Herriman Rambler (short sale) to $532,000 for a two story
8 bedroom bank owned foreclosed home.
Average price of the 10 homes was $317,000 dollars.
Two of the short sales actually closed for more than the listed price.
Largest discount from listed price was a Bank Owned REO that was discounted $111,000 (21%) from asking price.
Average age of homes sold was 4.4 years.
Average square feet of  homes sold was 3905. ($81.18 sq ft).

These numbers should be enough to start a conversation, if your looking at buying a home in the Salt Lake valley.

Keep in mind, were not attorneys or tax guys and we don't give that kind of advise. What we can do with you is explore some strategies for buying a home and perhaps put you in a position to take advantage of a true buyers market.

If you would like to see other areas around Salt Lake, visit our web-site and you can look at over 8000 listings in SL County. Just click on Salt Lake Homes, we'll provide photos, maps, directions, prices and comments that will help you search for a new home. It's FREE and no registration is required.

Or feel free to call us @ 801-567-0946 if you want to talk Real Estate, or look at Foreclosed Herriman Ut Homes.

Just a sweep of the pen and the Herriman city council increased the size of their domain by almost 40%.

If the property owners meet all of the Salt Lake County requirements (they will) Rosecrest will be annexed into Herriman January 1st 2008. That could be a good thing. It could mean "good "growth.

Herriman Mayor J. Lynn Crane spoke to the South Valley Journal this month about growth, and the recent challenges of managing the anticipated 20 years of scheduled growth over the last eight years. Quoting the Wasatch Front Socioeconomic Publication the Mayor stated that of the 10,578 residential units approved along the Wasatch front from July 1, 2005 to June 30, 2006, 5817 were issued in Salt Lake County. Twenty per-cent of those approvals (1163) were granted in Herriman.

That same article claimed that the Population of Herriman has increased over 790% since 2000.

And now, the City of Herriman must deal with the gorilla in the tent, or the elephant in the gunnysack, or whatever metaphor you want to use. Rosecrest development will need to be managed, if the Mayor and City Council are to fulfill the slogan recently adopted by the Utah League of Cities and Towns that encourages City Governments to "make things better".

Herriman City can be "made better" by requiring Rosecrest to build smaller, more inexpensive homes, and condominiums.

There are enough $600 thousand dollar homes right now. Start "making life better" for those people that need a $ 175,000 home or condo. Coordinate the high density homes with the extended TRAX system to kill two birds with one stone.

Don't let Rosecrest diminish the opportunities of major commercial and residential developments like Wheatlands @ Herriman, and Miller Farm.

So far so good, you folks are doing a great job of "making life better" in Herriman, for those families that are there, and those that will surely come.

If you would like more information on Real Estate opportunities in Herriman or the Salt Lake Valley, visit my Website @ Salt Lake Homes or call me at 801-567-0946.