March 2021 - Spanish Fork Happenings

Spanish Fork Hospital will open for patient care on April 5, 2021.  This 33 bed facility sits on 45 acres that features an emergency room, women and newborn services, infusion, lab, and surgical services.  The address is 765 E Market Place Drive.

Del Taco is opening March 8th and will be open 24 hours.  They are located at 804 W Spanish Fork Parkway in the Neighborhood Walmart shopping center.

Marco’s Pizza recently opened next to Del Taco and they deliver locally.

Iceberg Drive Inn installed a “Coming Soon” sign in the same development as Del Taco and Marco’s pizza. They have not broken ground yet.

Maverik has started building their gas station on the corner of 800 N and Highway 6.

GOAT Haircuts is opening soon and is located at 1276 N Canyon Creek Parkway.  

The Sharp-Tintic Railroad Connection Project is on the Utah Transportation Authority’s radar.  Their plan is to implement this connection before 2030.  This project will build approximately 7,000 linear feet of new railroad tracks connecting the Sharp and Tintic Railroad corridors within the Cities of Springville and Spanish Fork, Utah. This connection will enable key public transit objectives while improving local community accessibility and safety.  Eventually they will connect Frontrunner to Payson on this line. See link for all the details and map.

8c-SharpTintic Connection Project Summary.pdf (mountainland.org)

RTP 2019 Transit Map 11 x 17 (mountainland.org)

There are many housing developments coming to Spanish Fork in the near future.  As you know we have a housing shortage (estimated to be 50k short!) and new and existing homes are hard to come by.  Gone are the days of paying asking price for either one.  You will have to offer more than asking, likely get into a bidding war, and need to come up with some creative ways to get your offer accepted.  This is our reality in Utah.  Low interest rates give everyone more purchasing power (less money going towards interest and more towards principal).  Add on low inventory and companies now allowing people to work from anywhere due to COVID and you have the perfect storm for a tough housing situation.

So what can you do?  First you need to get pre-approved and see where you stand financially.  I can recommend lenders that work beyond 9-5 which is desperately needed in this wild market.  Second, you need to hire the right agent that will work tirelessly to get you into a home as soon as it hits the market.  It is imperative that you hire a local agent to where you want to buy.  When a home is listed, you need to see it that day because it will be sold the next day.  We can work together to get the right contract written up to put you in a great position.  As a seller, it is even more confusing what to do with 10-15 offers on your home.  Don’t go it alone.  There are so many parts to a real estate purchase and determining which offer works best for you!  I’m happy to give you a comparative market analysis of your home and meet with you regarding the next step.  Give me a call before the prices and interest rates go up even more.