cedar city foreclosures: More Homes In Cedar City, Utah, Are Closing in 2011 Over 2010!
- 07/14/11 06:28 PM
It's true, and I believe we are seeing more buyers in our real estate market in the Cedar City, Utah, area this summer. Our market usually does pick up this time of year, so I'm happy that trend seems to be continuing. Prices are at bargain low levels and so are interest rates. With the huge inventory and attactive no-down loan programs, buyers are moving off the fence and buying their home!
Call Janet's team at 435-865-1019 at ERA Realty Center or email naisbitt@infowest.com for help with all of your real estate needs whether buying or selling! I love referrals!
Check … (1 comments)
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cedar city foreclosures: Closed Home Sales Up 6.4% in 2011 as compared to 2010 in Iron County, UT!
- 07/06/11 12:33 PM
This is good news! How are other areas doing?
Prices are lower and interest rates are low too, giving buyers an ideal time to own their own home or purchase a rental and let their renter pay the mortgage!
Call Janet Naisbitt-Bagley's team at 435-865-1019 at ERA Realty Center in Cedar City, UT, for help with all your real estate needs whether buying or selling or email naisbitt@infowest.com. You can also text 435-559-7772.
Check out the homes for sale on www.homesincedarcity.com include foreclosures, short sales, new construction and other bargain-priced homes.
Janet's team can help you with every home and will work … (0 comments)
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cedar city foreclosures: Great Advice to "Calm your mind" In The Busy World of Real Estate!
- 06/21/11 07:04 AM
Steve Florio of Mortgage Family often emails real estate agents some really good stuff! I really liked his advice June 20, 2011. He quotes Ralph Marston as follows, "You can choose your thoughts. And you can choose, for a while, to be free of those thoughts." Those are the first lines of 6 paragraphs, and these words caused me to stop, ponder and feel. I will save the rest for another day!
How do you choose your thoughts? Carefully! I am a strong believer in "what you think you become." I've practiced replacing thoughts with other thoughts. For example, if I find … (2 comments)
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cedar city foreclosures: "Why Self-Image Is A Key Part of Your Personality" (In Home Sales or Other!)
- 06/15/11 03:57 PM
Steve Florio Of Mortgage Family sends out an informative email from time to time. I especially like his June 13, 2011 "Monday Motivator." He says, "You always behave on the outside in a manner consistent with the picture you have of yourself on the inside."
He goes on to say, "For example, if you see yourself, as calm, confident and competent in any aspect of selling, when you are engaged in that activity, you will feel calm, confident and competent. You will be positive and happy. You will perform well and get excellent results. If, for any reason, it doesn't go … (1 comments)
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cedar city foreclosures: Smart Real Estate Buyer Believes Now Is the Time to Purchase Rentals!
- 05/12/11 10:40 AM
I have a client that seems to have a 6th sense when it comes to real estate. She purchased beautiful land NW of Cedar City years ago, in spite of her husband's objections, because she knew it would go up in value. When everyone thought real estate development land would keep on going up for years to come, she said it wouldn't go up anymore and wanted to sell her land right away.
I've been her REALTOR for many years and acted as her agent to get her land sold at top dollar. She was absolutely right. The market turned around after we got … (2 comments)
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cedar city foreclosures: Home Mortgage Rates Improve
- 05/06/11 12:20 PM
Kent Reid of MGM Funding sent the following Mortgage Market News for the week ending May 6, 2011. With his permission, let me quote, "Weaker than expected data helped mortgage rates improve for most of the week, but Friday's Employment report then surprised to the upside, causing mortgage rates to give back some of the improvement. In the end, as they have for each of the last few weeks, mortgage rates finished the week a little lower."
Who knows when rates will rise as people keep expecting them to do. For now, we do know that they are affordable and prices … (0 comments)
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cedar city foreclosures: ERA Realty Center In Cedar City, UT, Has Powerful Real Estate Tools!
- 04/18/11 06:48 AM
Many times people ask me, "What does ERA stand for?" ERA stands for "Electronic Realty Association!" Here's why: Many years ago, ERA Real Estate developed the ability to electronically send information on their homes for sale to another office in another state in only 6 minutes. Since fax machines were not around yet, that ability was a real estate technological first.
Now that we live in a world of fax machines, emails, and internet, I strongly believe that ERA is still ahead of the group with its Seller's Security Plan, luxury home marketing, home staging, home warranty, social networking, technology, negotiating training, pricing grid, commitment to service, agent … (0 comments)
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cedar city foreclosures: Are Home Mortgage Interest Rates On The Rise?
- 03/25/11 11:44 AM
According to an email I received from Steve Florio at Mortgage Family on March 24, 2011, "Mortgage interest rates reversed course this week, rising as the U.S. Treasury began selling off mortgage-backed securities and investors' optimism about the U.S. economy overcame concerns about global events."
According to Steve's email, it appears that the focus has gone back to inflaction rather than global disasters, which is the probable cause for a rise in mortgage rates. Many economists and analysts predict a further increase in rates while approximately an equal number predict no changes in the next few weeks. Very few experts expect a … (0 comments)
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cedar city foreclosures: "Mortgage Applications Up 15% as Rates and job Market Improve"
- 03/17/11 02:09 PM
This news is exciting for the real estate industry. The above is a quote from Steve Florio of ERA Mortgage. He emailed me on March 10, 2011, "Applications for home mortgages jumped to the highest level in 3 months last week, buoyed by improvements in the job market, an industry group said on Wednesday."
With mortgage interest rates and home prices both low at the same time, what are buyer's waiting for? I believe the time to buy is now while there is a beautiful inventory of homes with bargain prices including short sales, foreclosures, new construction and homes priced-like foreclosures. … (1 comments)
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cedar city foreclosures: Homes Can Be Purchased with no or low-downpayment in Cedar City, UT
- 02/22/11 11:34 AM
In Cedar City, UT, and surrounding areas, Rural Development loans are still available with nothing down. Closing costs can be added into the loan as long as the home appraises high enough to cover. That means it is possible to purchase your dream home with nothing down.
FHA loans are available with 3.5% downpayment. This is also an attractive option for buyers.
Sales prices are low and interest rates are also! See the many bargain-priced homes available including foeclosures, short sales, new construction and other great values on the MLS at www.homesincedarcity.com.
Janet's team can give you top service with every … (0 comments)
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cedar city foreclosures: The Number of Closed Sales Increased 14.7% In Iron County Utah
- 02/10/11 09:40 AM
Homes sales are up but median price is down to only $130,000 which is a drop in home prices of approximately 1 per cent per month. Obviously, buyers are getting incredible deals in this real estate market. With interest rates so low, monthly payments are affordable and home ownership can be very rewarding as well as fun!
Call Janet's team whether you are referring a buyer or seller or whether you are a buyer or seller at 435-865-1019 for experienced and knowledgeable help with all of your real estate needs or email naisbitt@infowest.com.
Go to www.homesincedarcity.com to check out the MLS … (0 comments)
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cedar city foreclosures: UAR Nov. Update: Iron County Closed Sales Up 14.4% 2010 YTD Over 2009!
- 01/26/11 09:03 AM
A 14.4% increase in closed sales is very good news for the Cedar City area real estate market! The median price range has dropped 12% according to this same report to $132,000, which is also a good thing for the buyers looking to purchase their dream homes. Sales prices are still at bargain lows and interest rates still help buyers realize affordable monthly payments for their happy home!
Check out the attractive inventory of real estate bargains in the Cedar City, Utah, area real estate market at www.homesincedarcity.com including short sales, foreclosures, new construction and homes priced like foreclosures.
Then call Janet Naisbitt-Bagley … (0 comments)
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cedar city foreclosures: Cedar City ERA Realty Center Home Sales Are Reported Up 2010 Over 2009!
- 01/21/11 08:09 AM
Great news! At ERA's Yearly Awards Breakfast yesterday it was reported that ERA sold $2,000,000 more homes in 2010 than in 2009--nearly $80,000,000! That's incredible, and 2011 is off to a great start in exceeding that! ERA reported nearly 80 more sales 2010 over 2009 which is also significant for current real estate market conditions.
It's a great time to buy while rates and prices are at bargain low levels. Please call Janet's team today at 435-865-1019 or email naisbitt@infowest.com to begin your exciting tour of homes including foreclosures, short sales, new construction and other bargain-priced homes. Choose from a beautiful inventory at … (0 comments)
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cedar city foreclosures: Cedar City, UT, Real Estate Sales Are Booming!
- 01/03/11 12:19 PM
In some of the past years in Cedar City, Utah, real estate sales between December 25 and January 1 have been extremely slow and near death. This year, Naisbitt-Bagley of ERA Realty Center and her team have been enjoying a very busy and successful post holiday season that has included 5 closings, several accepted offers and several new listings! They are also negotiating some new contracts!
If the above trend continues, the 2011 real estate market promises to be strong and successful! What is your experience for real estate sales in other areas? I'd love to hear more reports of success!
For help with all your real estate needs, … (1 comments)
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cedar city foreclosures: Home For the Holidays!
- 12/21/10 10:57 AM
This time of year we usually notice a slowdown in the Cedar City real estate market as people prepare for the holidays. This year we are still very very busy selling homes! That's not a complaint! We are thankful!
My assistant, Matt, is working with a buyer right now as I blog! My assistant, Susan, is working on a sale in progress that I will be attending the closing on Thursday. My assistant, Jennifer Corral, is working on a Broker Price Opinion (BPO) for a foreclosed home that we are listing! That's all productive and excellent!
What is keeping the buyers attraction this winter … (1 comments)
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cedar city foreclosures: Real Estate Home Mortgage Interest Rates On The Rise!
- 12/16/10 08:30 AM
I spoke to Morgan at MGM Financial today and learned the rumor is true that interest rates rose from approximately 4 1/2 % last week to 5% today. This is on a 30-year conventional loan with 20% down.
We've all known that interest rates couldn't stay that low forever, but we were hoping they would anyway. 5% is still a great rate! Buyers, take advantage of that low rate! Let's hope they don't go up anymore!
I was thinking back to the early 80's when I got my real estate license. Interest rates were near the 20% level. ERA Realty Center had a celebration … (0 comments)
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cedar city foreclosures: Short Sale Success For No Deficiency On Home In Utah!
- 12/13/10 11:44 AM
Utah is one of the states that allows deficiency judgments. Recently, one of our sellers held out and would not close unless the Bank put in writing that they would not go after the seller for the deficiency. Even though the deadline for closing was past; and the seller realized they were risking losing the short sale, they held out and won! The bank did put in writing that the the short sale paid the note in full! Success!
Whether buying or selling, please call Janet Naisbitt-Bagley for help with all of your real estate needs at 435-865-1019 or email naisbitt@infowest.com. You … (2 comments)
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cedar city foreclosures: Short Sale Woes Can Sometimes Be Overcome With a Happy Home Buyer!
- 12/10/10 10:36 AM
Short Sales turn some buyers away. Other buyers are patient, stick it out, close and move into their new happy home! Buying a short sale may make some buyer's dreams come true, so it's worth considering. In most cases, fast sales are not an option with a short sale. Therefore, if you want to move into a home quickly like before Christmas, try another home.
Sellers do need to check with professionals such as accountants and attorneys regarding the pitfalls and make sure they are comfortable. If they decide it is important to them to avoid foreclosure, their home may be just … (2 comments)
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cedar city foreclosures: If You Want The Home, Accept The Counter!
- 12/08/10 12:26 PM
Foreclosed homes in the Cedar City, Utah, area are typically priced right and sell quickly. It may be a buyer's market, but don't count on the home sitting around and waiting for you to buy it! We often get multiple offers on our lower priced homes!
Recently, one of our buyers made an offer on a foreclosed home that was countered by the bank. There were 3 to 5 other buyers interested in the home. If the buyer accepts, they move forward to a happy closing. A counter from the buyer typically opens the field for offers to come in from the other buyers.
… (0 comments)
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cedar city foreclosures: Cedar City Area Real Estate: Number Of Closed Home Sales Are UP 18.5%!
- 12/03/10 10:38 AM
The Utah Association of REALTORS (UAR) recently published the October 2010 Local Market Updates for Utah. Iron County is doing well. Home sales in October of 2010 are up 11.5% over October 2009. Year to date (YTD) home sale statistics are even better and are up 18.5%!
The median price range, however, has dropped YTD from $149,500 to $132,000. I believe that indicates the trend of our market here. More buyers are purchasing homes, but they are very conservative and are serious bargain-shoppers.
I totally believe this is a great time to buy homes while prices and rates are affordable! Please … (0 comments)
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It's true, and I believe we are seeing more buyers in our real estate market in the Cedar City, Utah, area this summer. Our market usually does pick up this time of year, so I'm happy that trend seems to be continuing. Prices are at bargain low levels and so are interest rates. With the huge inventory and attactive no-down loan programs, buyers are moving off the fence and buying their home!
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