Cedar City Daily News Headline Reports "Home Sales Surge!" - 04/22/10 03:57 AM
That's exciting news for my real estate area.  The line underneath the headline reads, "Foreclosures fuel 45 percent increase; prices dropping."  Our real estate sales have increased 44-45 percent first quarter 2010 over 1st quarter 2009.  That's great news, and I'm very happy about that.  However, it breaks my heart for the sellers that prices are still dropping.  In spite of that, it makes incredibly exciting news for buyers who want to buy now that prices are at bargain levels!
Buyers take advantage of foreclosures, homes priced-like foreclosures and new construction values at bargain-sale prices!  Interest rates are low and are due to rise! 
Please … (0 comments)

Cedar City Real Estate Is Bustling With Buyers Looking To Buy Before 4/30/10! - 04/20/10 12:40 AM
Will they still love us tomorrow (or rather after April 30)?  I am going to go out of my normal sphere of saying, "I don't have a crystal ball," by answering that query with a resounding, "Yes! I believe they will!" 
The buyers we have been working with really seem to want to own their own homes.  They seem to believe this is a great time to buy while interest rates and prices are low and while home inventory is high.  From what I'm seeing, many buyers are only hurrying because they think it would be fun to have an extra $8,000.  I'm not getting the impression … (1 comments)

It's Been A Successful Week & Year So Far For Real Estate Sales In Our Area - 04/18/10 01:15 AM
We have been busy this week with the good kind of busy.  You know what I mean.  We've been writing contracts, negotiating counter offers, putting sales under contract, going to closings, listing homes, etc.  I don't believe it is just because of the tax credits.  I'm seeing a genuine interest in buying homes.  One buyer even said she didn't want to rush to get $8,000.  She wanted to look carefully and make sure they have the home that will make them happy for years to come.  They want the joy of home ownership!  That is the kind of week we love! 
… (3 comments)

Many Buyers Are Rushing to Buy Homes To Qualify For The $8,000 Tax Credit! - 04/17/10 12:47 AM
Has anyone seen anyone qualify yet for the $6500 tax credit?  I think that is probably the least understood of the tax credits, and I wonder if very many people are taking advantage of it.  The tax credit for those who have not owned a home in the last 3 years is definitely the popular one.  I'm not sure the word really got out that you may qualify for $6500 tax credit even if you have owned a home!  What do you think?
I'm hoping it is not too late for the large number of buyers looking for homes to realize their dream … (6 comments)

Is Rural Development Funding as Important in Your State As It Is In Utah? - 04/14/10 11:58 PM
Since a huge portion of the home mortgage loans in our rural area of Cedar City, UT, are funded by Rural Development (RD), I am really hoping that H.R. bill 5003, "The Rural Housing Improvement Act," will pass.  If I understand the bill correctly, I believe this bill is necessary to continue the economic improvement in our country since home sales are a major factor in accomplishing our nation's financial stability.  Are RD loans as important in other states as they are in Utah?
We have been hearing recent urgent warnings from lenders saying the RD guaranteed funds were nearly exhausted and that the program may be … (1 comments)

How Many Real Estate Agents Joined The National Open House Today? - 04/11/10 12:12 AM
4 of my active homes for sale were open today for tours by buyers hoping to take advantage of the $8,000 and $6500 tax credits.  According to our Cedar City Daily News there were approximately 40 homes open today in Iron County.  I wonder what the success ratio was nationwide.  Do you have any reports? 
My 4 homes did receive some action, and there is one buyer who may purchase one of the 4 homes.  She's narrowed her search to that home and is seeing if dad will help her buy it.  The success ratio would be high if one out … (4 comments)

Open Houses All Over The Country, Saturday, April 10, 2010! Let's go! - 04/10/10 12:12 AM
I wonder how many open homes there will be nationwide this weekend?  I'll have 4 houses open.  I've got ads in the paper, on REALTOR.com, Homes.com and the Iron County MLS.  We'll be setting out flags and balloons and serving cookies.  How about you?
Hopefully, many buyers will take advantage of the $8,000 and $6500 tax credits before it's too late!  April 30 is just around the corner when homes have to be under contract.  Then they must close by June 30, 2010.  This weekend is an ideal time nationwide for buyers to search the open homes for their dream home.
… (1 comments)

 
Janet Rainmaker_large

Janet Naisbitt-Bagley

Cedar City, UT

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ERA Realty Center

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As a top REALTOR in the ICBOR with 25 years experience, my goal is to educate the public with information and news that is both helpful, useful, and beneficial to buyers and sellers. I do hope to share my expertise in helping clients with all real estate needs.


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