foreclosures: Closed Home Sales Up; Median Price Up; Inventory Down! - 01/15/13 07:15 PM
What are buyers waiting for?  I believe the real estate market has already turned around in the Iron County area for median price homes. Recent UAR statistics seem to indicate that it would have been better to purchase a few months back. It may be a little late to go back in time, but I believe this is a great time to get a fantastic deal on your home while many bargains can still be found and interest rates are so low that monthly payments can be low and less than rent in many cases. 
Buyers in our real estate market … (1 comments)

foreclosures: YES! Homes Sell Even When The Holidays And Icy Weather Are Here! - 12/11/12 03:12 PM
Contrary to popular opinion, winter is a good time to sell your home!
It has been my experience in the last 28 years that many homes have sold during wintertime, making both buyers and sellers happy with their successful real estate moves. 
Luckily, no one told me to stop listing and selling real estate just because it was cold outside.  I was thrilled when I got my picture in the local newspaper as a top producer toward the end of my first year as a real estate agent in 1984. Happily, gratefully and successfully, I have continued to work hard in all seasons for many years.
Buyers touring homes in wintertime are serious. They … (1 comments)

foreclosures: I Believe Real Estate Designations Make A Difference, But Do Buyers and Sellers? - 11/30/12 08:17 PM
When I earned my real estate license in January of 1984, I was told that was just the beginning.  I learned I would need to learn much more to be a good agent.  I was encouraged to, "sharpen the saw" by my broker, which means get more training to be skilled and effective.  As a result, like many agents who care, I have spent many years gathering knowledge, receiving training and learning much.  I have attended ERA Realty Center's training on Wednesdays.  I took ERA's basic training and also the Topgun training for experienced agents.  I have been to numerous conventions … (0 comments)

foreclosures: The Election Is Decided. Let's Now Band Together As Americans! - 11/07/12 08:38 AM
I have heard already this morning from people excited about the election results and from people who are sad.  I find myself going back in time many years to grade school when one of my teachers said that the important thing is for Americans to band together and support each other and America after an election.  I believe this is good advice for all of us every day.
Whatever our stand before the election, now is the time to be good Americans working for the best good of all America. 
My mother used to say, "A man convinced against his will … (1 comments)

foreclosures: ERA Network News: "Back to School Means Back to Business for Homebuyers" - 10/11/12 08:31 PM
"Who buys in the fall?"  "The Fall Selling Season" survey completed by ERA Real Estate shows that "The higher ratio goes to first-time homebuyers and childless couples" at 27%.  The rest of the pie is divided as follows with 20% being Move-up buyers, 17% Downsizing & Retiring Buyers, 14% investors, 11% Military relocations, 6% Vacation buyers and 5% other.
The article says, "Blame it on the traditional school year engraved in our minds since childhood, but many people see Labor Day as the beginning of a new year.  Summer holidays are over and everyone goes back to school or buckles down … (0 comments)

foreclosures: Foreclosures, Short sales and Bargain-Priced Homes Are Attracting Buyers! - 09/10/12 04:54 PM
At one of ERA Realty Center's office meeting recently, the real estate agents discussed the real estate market in the Cedar City, UT, area.  We have more buyers, less homes for sale, lower interest rates and lower prices.  No wonder we are getting multiple offers on homes under $150,000! 
Buyers can own their home for less than rent in many cases.  Supply and Demand should turn this market right around soon.  Maybe the homes in the lower price ranges are already experiencing a seller's market!  We are seeing buyers pay more than list price and more than appraisal to win their home over the … (1 comments)

foreclosures: Drop in Number of Homes For Sale is Causing Delays In Finding Homes! - 08/29/12 04:02 PM
Buyers in the Cedar City, UT, real estate market are discovering that patience is required to buy their home.  Buyers who have succeeded testify that home ownership is worth the wait and effort.  I agree. 
Is this a trend in other parts of the country.  Please let me know.  I believe the market is turning around.  Do you?
Multiple-offers are coming in on homes under $150,000.  Some are selling above list price and above appraisal.  Buyers are disappointed when they lose the bid on the home they like to another buyer who offers more.  Buyers may have to try several offers on … (1 comments)

foreclosures: HUD PEMCO Educational Summit in Denver, Colorado is Awesome - 08/23/12 08:00 PM
What is a HUD home?  What is the $100 down FHA loan?  Where can I find my home?  Take a look at www.hudhomestore.com to find the beautiful HUD homes for sale all over the country!  PEMCO Ltd. is responsible for the incredible information we've received today!  What is our job as the HUD listing brokers?  We are to share this knowledge in educational training classes monthly. 
Do you want to know more?  Please call your HUD resource, Janet Naisbitt-Bagley, at ERA Realty Center and her team at 435-865-1019 or email naisbitt@infowest.com for valuable information that benefits you!   
… (0 comments)

foreclosures: "Slim-Pickins" for Homes In Lower Price ranges in Iron County, Utah - 08/21/12 07:52 PM
A buyer in our office today told me that it is "Slim-Pickins" to find a home!  There are more closed sales this year which means there are more buyers.  The inventory in Iron County is less this year than last year, and the homes under $150,000 are selling fast. 
It's not too late!  Buyers may need to be patient and compete with other buyers for the good homes, but it is worth it to be a happy homeowner with a low monthly payment--maybe even less than rent. 
Low interest rates are making unbelieveably attractive loans, and you can still get a no-down … (0 comments)

foreclosures: Cedar City, UT, Area Real Estate Market Is Selling More Homes! WHY? Trend? - 08/04/12 06:32 PM
Recent Utah Association of REALTORS (UAR) report shows Iron County home closed sales are up 14.2% and prices are down.  Maybe the $85,000 Median Sales Price is the reason our closed sales are up.  What do you think?  That would make sense to me.
Just a few years back buyers couldn't even find a home for $85,000.  Since many of the people in our area have low incomes, they couldn't qualify for the high-end homes of the past.  For those with good credit, the low interest and low prices make for a monthly payment often less than rent.  Buyers are excited … (1 comments)

foreclosures: Will The Real Estate Market Recovery Please Stand Up? - 07/17/12 12:26 PM
Recent news articles seem to be divided as to whether or not we are in the real recovery.  I personally believe that with bargain low prices, decreasing inventory and historically low interest rates,  buyers will continue to leave the fence and purchase their homes.  We are already seeing an increased number of closings in the Iron County, UT, real estate market.  Investors are picking up rental units and renters are becoming happy homeowners.  I believe we are experiencing the real recovery.  Do you?
What is happening in other states?  The question on everyone's mind is, "Will prices go up?"  That remains … (2 comments)

foreclosures: Investors Are Taking Advantage of The Sea of Opportunity In Today's Market - 07/11/12 05:10 PM
Recent DS News Reports that National Association of REALTORs (NAR) data shows significant increase in investor real estate purchases in 2011 over 2010.  See DSNEWS.com.  We are also seeing an increase in investor closings in the Cedar City, Utah, area.
There are renters in the market looking to rent which is working to the favor of investors.  Prices and rates are so low that rents could cover the monthly payment and then some.
My renters have purchased homes for me, and I get the tax writeoffs, too.  Once the mortgages are paid off, the money keeps coming in which makes a … (0 comments)

foreclosures: Iron County, UT, Real Estate Closings Are Up! How About Your Areas? - 06/30/12 08:52 AM
Recent Utah Association of REALTORS statistics show conclusively that home closings are up in 2012!  Inventory is down this year as compared to last year.  With low interest rates and buyers who can reasonably qualify for the nothing down mortgages that are available inour area, our real estate market seems to have turned around in some price ranges.  How about markets in other areas in the country? Is this an overall national trend?
In some price ranges, multiple offers are coming in on homes priced right.  Since it is still a bargain-driven market, homes that are priced right are bargains.  Buyers … (1 comments)

foreclosures: If You Are Eligible to do a Short Sale on Your Home, Then What? True or False! - 06/06/12 04:01 PM
Do you have a financial hardship?  Are you under water which means you owe more than your house will sell for? If so, you may be eligible to do a short sale!
Some think foreclosure is inevitable when they can't make their house payment.  The truth is that you don't have to sit back and accept a foreclosure! Check with your lender and find out all your options!  Do you want to keep your home?  Ask about a loan modification, refinance, etc.  Do you need to move?  Ask about a short sale, deed in lieu of foreclosure, etc.
Some people think foreclosure is … (1 comments)

foreclosures: Become Your Client's Trusted Real Estate Advisor! - 05/22/12 10:36 PM
Today was busy but fun and rewarding as are many days in the world of real estate.  One of my past clients came in to list the home that I had sold him and his wife many years ago.  Unfortunately, his home is on the default list, which is the sad story of quite a few homeowners today.  He said he had heard from several real estate agents that called when they saw his home loan was in default.  One of them was a bit pushy in trying to list his home. 
Thankfully, my client and his wife would work with … (0 comments)

foreclosures: Cedar City, UT, Area Experiences Investor and Homeowner Home Shopping! - 03/26/12 05:17 PM
We all agree that we are still in a buyer's market.  However, the homes for sale in the lower price ranges are attracting multiple offers, and I believe this is a steady market that will soon experience rising prices.  Do you agree?  Investors and homeowners seem to be fighting over the available homes less than $100,000 and even as high as $200,000.  Often there's a rush to get the offer in immediately.
Today I had a buyer call me to put an offer in on a home.  When I called the listing agent, I was told that 2 offers had come … (0 comments)

foreclosures: UAR Reports That Utah's Housing Market Continued To Improve.... - 03/12/12 05:43 PM
According to the Utah Association of REALTORS (UAR) Report for January, "Rising home sales and declining housing inventory are boosting Utah's real estate market.  2012 was the best January in five years in terms of homes sold."  The report also pointed out, "This is the eighth consecutive month that home sales have increased compared to the same month a year earlier."
The data from the Utah Association of Realtors states, "Signs point to a strong spring for home buying.  The number of contracts signed to buy homes (pending sales) in January increased 20 percent, signaling a likely rise in February closed sales."  We'll … (1 comments)

foreclosures: Dear Mr. and Mrs. Seller, Do You Really Want To Sell Your Home? - 02/21/12 12:42 PM
Last week I spoke to sellers that said they absolutely needed to sell their home quickly.  Does that mean they were motivated?  It was obvious these sellers were not.  They informed me immediately that they would need a cash buyer because their home would not appraise for the amount they had to pocket.  Therefore, the buyer would probably not be able to get a loan.  Does this sound like a quick sell to you?
This type of scenario may have worked in 2005 when buyers were sometimes willing to pay $30,000 above appraised price.  It most certainly is not reasonable in the current buyers' market.  This is a bargain driven real estate market … (1 comments)

foreclosures: Dare To Dream The Impossible Dream! Apparently, Nothing is Impossible! - 01/24/12 06:09 PM
Dare To Dream The Impossible Dream! Apparently, Nothing is Impossible!
Steve Florio of Mortgage Family emailed an article "Field of possibilities" that caught my attention.  Let me quote, "Whatever it is you desire to have, to be, or to experience, already exists within the realm of possibility.  The more fully you express that desire, the more completely it appears in your life."  The above statement requires some thought beyond just reading.  I do firmly believe that if you think positively, live courageously, and believe in yourself, dreams do come true.  I also believe that it is of the utmost importance to make sure that our positive thoughts … (2 comments)

foreclosures: Janet's Team is Wishing The Best To You The Whole Year Through in 2012! - 01/13/12 11:43 AM
The American dream is a reality!  Let's wake up to beautiful new homes for all Americans!
My prediction is that 2012 is going to be a fantastic year for helping with the home ownership process!  We as REALTORS are in a position to provide an incredible service!  
In years past, some buyers were unable to purchase homes because prices were simply too high for them to qualify.  Some homes in some ranges are now priced like 20 years ago.  With low interest rates that didn't exist 20 years ago, buyers can enjoy some of the lowest monthly payments available for … (1 comments)

 
Janet Rainmaker_large

Janet Naisbitt-Bagley

Cedar City, UT

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ERA Realty Center

Office Phone: (435) 865-1019

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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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