Janet Naisbitt-Bagley

ERA Realty Center, Cedar City, Utah

Matt Bagley Team Real Estate Newsletter For Fabulous April 2018 For You!

Matt Bagley Team Real Estate Newsletter For Fabulous April 2018 For You!

How’s the market?  Allow me to quote one of Cedar City’s top REALTORs, our own Matt Bagley, “Buyer activity is starting to pick up.  It’s a great time for selling and buying with rates still low.”  The real estate market keeps getting better and better.  Join the fun!  Your Matt Bagley Team would love to help you reach all of your real estate goals!

What do housing statistics tell us?  The Utah Association of REALTORS (UAR) latest published report shows closed sales are up this year in Iron County as compared to last year by a whopping 36.4%!  The Median sales price is down 1.4% to $185,450 year to date (YTD).  See attached “Local Market Updates by County” for more details and for information on every county and for the entire state.

Do Americans still want to own their home?  According to an article, The American Dream, in The Residential Specialist Real Estate Magazine for March/April, “Agents find homeownership still reigns…”  Mary Beth Klatt says that renter’s end up paying the landlord’s mortgage, but they don’t reap the benefits.  To quote Mary, “…the cost of renting is rising faster than the cost of homeownership…”  She also said later in the article, “…tenants are paying top dollar and not gaining equity…”  This scenario also applies in our area.

What about preparing homes for sale?  What do buyers want?  Donna Shryer, in the the same magazine, said mechanical and structural issues could kill a deal.  She said “Pre-listing inspections can sometimes provide more value than staging.”  She quotes Craig Webb, editor of Remodeling magazine, who said, “The highest resale payback is in projects that involve replacing what’s broken, inefficient or outdated.” He emphasizes that exterior projects have been outpacing interior projects including landscaping and fresh paint as well as new doors, windows, siding and roof. “Curb appeal is more important than ever,” Pitell-Hauge says, “It’s partly because most people start their search online.  So first they see the front of the house and then they move on to interior photographs.”  Properly preparing homes for sale is of utmost importance in this real estate market if you don’t want your buyer to move on to the next property!

What colors should sellers use?  According to Rike in an article titled, “A Warm Welcome, “Specifically addressing walls, anything bolder than warm gray, warm beige or better yet, a combo called warm greige, can immediately shut a buyer down.”  He says that color trends for 2018 are bolder but to use those for furniture, bathroom towels, shower curtains, kitchen knick-knacks but not for anything permanent because buyers would be too worried about the fortune they would have to pay to repaint.

What about inflation?  Lawrence Yun, National Association of REALTORs chief economist,  answers in the NAR REALTOR Magazine March/April 2018, “Rising labor costs, increased government spending, and prolonged housing shortages are the main pressure points.”  What do we need to curb inflation?  He answers, “Build more homes. More inventory will mean a slower rise in home prices and rents.”  Otherwise, we may see higher interest rates.  We appreciate the homes and properties available for sale but more inventory is needed.

What about advertising?  That is super important!  Your Matt Bagley Team marketing online and in print is still tops! Our radio advertising attracts attention to your property.  We advertising to both REALTORS and buyers all over the world.  Our goal is to have an ad wherever your buyer might look!   We are creative!  We don’t know of anyone marketing more aggressively and we will continue to do so in order to get your real estate marked sold!  Our marketing works and will be the reason your real estate sells.

Is your home or land sales price competitive?  Please contact your Matt Bagley Team at 435-865-1019 at ERA Realty Center today for your free consultation regarding market pricing overview to see what buyers have chosen instead of yours and why.  We would love to address your concerns, questions, pricing, staging, and etc. You can also email bagleyteam@gmail.com or call/text our mobiles:  Matt Bagley at 435-590-8788, Jennifer Corral at 435-559-0366 and Janet Naisbitt-Bagley at 435-559-7772.  Janet Naisbitt-Bagley wrote this article for you!

 

UAR February 2018

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March 2018 Snow and Sun Matt Bagley Team Real Estate Newsletter here for you!

 How’s our local market?  Our Southern Utah Real Estate market is alive and doing very well.  The latest published Utah Association of REALTORS (UAR) statistics show more home sales closed in Iron County in 2018 than 2017.  However, the Median Sales Price has fallen 3.8% to $181,825.  That may help the affordability!  See attached UAR “Local Market Updates by County” for details and for every county.

 We are looking forward to 2018 continuing to be a great year for both buyers and sellers.  When staged and priced with the market, homes in all price ranges sell quickly.  Lots and land sales are picking up.  Homes are being built!  Commercial and development properties are selling but not as fast.  If your home isn’t sold in 30 days, contact your Matt Bagley Team for a market overview!

 What about the national market?  In March 2018 DS News, Paul Bishop, VP of Research, National Association of REALTORS, is quoted as follows, “One of the positives that’s out there that will drive the market, especially the more we get into 2018, is that it seems the economy is moving forward at a pretty solid pace.  The unemployment rate is low, there’s indication that incomes are on the rise, and wages are increasing.  That’s all good, because that’s the foundation for a strong housing market.  Therefore, that sentiment might improve as those factors continue to become more prominent in the market, and homeowners and homebuyers recognize that it still is the time to buy a home.  Another positive is that mortgage rates are at a very reasonable level.  They’re not at their lowest point, but they’re still very low–certainly by historical standards.”  

 However, Mr. Bishop doesn’t see a quick fix for the low inventory even if homebuilders build more homes.  That would be helpful though.  He says, “That’s actually going to be the basic story in 2018, the rising home values and the tight inventory.”  He is concerned how the market is going to react to the recently passed tax reform legislation.  He says, “It could produce changes in the market in the coming couple years as it works its way through the system.”  We will see!

 According to National Association of Home Builders (NAHB) report in the DS News, “Potential homebuyers are having their plans hampered by limited availability and affordability, leading some to consider staying in their current home and renovating instead.”  

 However, another survey reported in the DS News points out that 91% of  Americans surveyed want to own “at least one home in their lifetime” and consider it to be a good “investment” and some surveyed want to buy a home to “rent out for extra income.”  I believe that the title of this article is correct, “Homes Are a Better Investment Than Retirement Savings.”  I also agree that it is extremely wise to buy a home and rent it out.  Why not let your tenant buy an extra home or ten for you?  That is so nice of renters to pay your mortgage!  No one ever put any money in my savings account except me!  

 March 2018 MReport magazine similarly reported that “Buying a Home is a Top Priority for Americans.”  That article also points out that “Americans are looking to buy a home as an investment option.”

 Cutting edge technology is still the big issue in selling homes, and ERA Realty Center has always been at the forefront!  Our Matt Bagley Team continues to market aggressively online and in print and our technology is tops!  I know of no other agent or team that markets more aggressively.  We market to both buyers and REALTORs.  Our homes and real estate are on the 3 major Multiple Listing Services (MLS) in Utah.   Whether your buyer contacts us another agent, our hard work and advertising will be the reason your home or property sells!

 For your free real estate consultation and for all concerns and questions, please contact your Matt Bagley Team today at 435-865-1019 at ERA Realty Center or email bagleyteam@gmail.com.  Call or text Matt Bagley at 435-590-8788, Jennifer Corral at 435-559-0366 and Janet Naisbitt-Bagley at 435-559-7772.  Newsletter written by Janet Naisbitt-Bagley, of your Matt Bagley Team, ERA Realty Center.

 

UAR January 2018

Wow! Winter Snow Finds Thriving Southern Utah Real Estate Market and These Top Twelve Tips From Our Matt Bagley Team Update For February, the Love Month, 2018!

Wow! Winter Snow Finds Thriving Southern Utah Real Estate Market and These Top Twelve Tips From Our Matt Bagley Team Update For February, the Love Month, 2018!

 

*How’s the market?  Awesome!  Attached are the latest market statistics available from the Utah Association of REALTORS (UAR). These Market Updates prove closed sales are increasing and our Median Price Range is rising showing a strong and successful real estate market currently for buyers and sellers.

 

*What about 2017?  The attached Iron County Board of REALTORs graphs paint a bright and successful picture for 2017 real estate!  Thanks to our awesome clients and customers, ERA Realty Center sold more of our own listings and more of the Iron County Board of REALTORs’ listings than any other office!  ERA Realty Center has been the number one top producer for many years.  We very much appreciate our loyal and wonderful clients.  Thank you very much!

 

*What was the top seller in real estate in 2017?  Iron County graphs show 1640 homes, mobile homes, and condos/townhomes sold while only 543 lots and acreage sold.  New construction is on the rise and some development land and commercial properties have sold though they are not shown in graphs.  More homes sold between $100,000 and $200,000 than any other price range, but homes sold in all ranges when priced with market.  The range between $200,000 to $300,000 also experienced a large number of closed sales. Cedar City and Enoch reported more closings than other areas in Iron and Beaver Counties  See attached graphs for details.

 

*What about 2018?  We believe 2018 will be one of our best years yet! Buyers, sellers and investors are on board to make this a top year!  We could use more inventory though!

 

*What can sellers do now to get top dollar and to become a sold statistic quickly?  Here’s the important and very valuable answer to your question:

 

*Top Twelve Tried and True Tips for Your Top Dollar Fast:

 

What is tops and above your Twelve Steps below?  Of utmost importance to your sale is your Matt Bagley Team’s aggressive and successful marketing!  Our homes, land, and real estate sell quickly thanks to hard work, advanced technology, top service, top experience, top knowledge and expertise together with our trained negotiating skills and our aggressive marketing plan both online and in print.  That is our job and we do it successfully for you!  We know the market and mortgages available including low-down and no-down loans for your buyers.  Our marketing attracts REALTORs and buyers worldwide!  We are members of the Iron County Multiple listing service (MLS) as well as Washington County’s MLS and utahrealestate.com which is the MLS for Wasatch Front.  All this benefits you, but there is even more that helps real estate sell in this market!  WHAT?

 

  1. What about how your real estate shows and staging your home? So important! Call us today for suggestions on what you should and shouldn’t do to attract your buyer!
  2. What about hiring a professional clean?  Absolutely!  Carpets, windows, floors and everything inside and out should be presented with best face first!  Fresh paint is a must!
  3. What about clutter and personal items?  Remove!  This is a good time to pack up and get rid of unneeded items.  You are going to move anyway.  Get a head start!
  4. What about making the home seem more spacious?  Remember light and space as you look in each room! Too much is too much in storage areas and rooms!
  5. What about updating?  Yes!  Replace and update!  We don’t want buyers turning away, and some of these changes will add $$$ to value!  Call us today for ideas!
  6. What about pictures?  Your home and property are viewed world-wide by interested buyers!  Our professional photos are very important to your buyer’s search!
  7. What about repairs?  Buyers don’t want to deal with the cost of problems, so now is the best time to have an inspection and do the repairs!
  8. What about the price?  Call us today for comparison properties from your area to determine if your price is competitive with other real estate both sold and for sale!
  9. What about sellers being present at showings?  Resist the urge!  The agent has a better chance of finding and overcoming objections if sellers are absent!

10.What if sellers are too busy?  It is of utmost importance that your home is available when buyers want to see it!  It has to be seen to sell!

11.What about when an offer comes in?  Do you want to sell?  Ask yourself, “would I buy my own home back at the price offered?”  If not, you may want to consider the offer.

12.What about the REALTOR?  You have already made the most important decision! Your top professional team, the Matt Bagley Team, will sell your home quickly at top dollar!

 

*Call your Matt Bagley Team today at 435-865-1019 at ERA Realty Center for your free real estate consultation as to what works best  and is reasonable for you!  Ask us about your concerns.  We are here to help you reach all your important real estate goals with our professional top service. Please email bagleyteam@gmail.com or text/call Matt Bagley at 435-590-8788, Jennifer Corral at 435-559-0366 and Janet Naisbitt-Bagley at 435-559-7772!  We care about you and we want to help you turn all your realty dreams into reality!

This newsletter is written for you by Janet Naisbitt-BagleyUAR December 2017

Whoa! Snow! Just in Time for Our Matt Bagley Team January 2018 Real Estate Newsletter!

Whoa! Snow! Just in Time for Our Matt Bagley Team January 2018 Real Estate Newsletter!

“How’s the market?”  Whether you are buying or selling, we believe you will be happy with the strong real estate market here!  The Utah Association of REALTORS (UAR) Local Market Updates for Iron County clearly show the number of closed sales up by 19.9% compared to last year and the average sales price is up to $190,000 which is a 14.8% increase.  See attached UAR report for details and for the latest published information on all counties in Utah.

Clients and customers are working together with us to make their realty dreams turn into reality and sell and/or find their dream homes!  January is beginning with excitement and happy homeowners!  We are helping clients find existing homes as well as lots and land to build homes!  We believe this exciting winter season for real estate promises to continue for the rest of the season and for the whole marvelous year in 2018 as well!

“According to A National Association of REALTORs report, 95 percent of potential homebuyers reported using the internet when looking to buy or sell a home in 2016.”  This quote in the article by Megan Craig In the December Residential Specialist Magazine reinforces our commitment to you to always aggressively market on-line on the top real estate sites.  We also add the personal touch to our top technology which is highly beneficial to you!  We are known as the real estate team that cares about you!  We also continue to market with magazine ads which is valuable to you since travelers and visitors in our area pick up the ads and call us when it is convenient!  We work hard to help our clients and customers reach all of their real estate goals.

Our top real estate marketing is imperative, but so is preparation of the home and property for sale!  Clean-up and fix-up inside and out are a must to attract your buyer!  Fix the flaws whenever possible.  New carpet, fresh paint, nice decorations and no clutter will show that home off at its best!  First impressions stick, so that front landscaping needs attention.  Your Matt Bagley Team is trained to consult with you about staging your property for its most charming best advantage!  Call us today for this wonderful free service when you market with us.

What about the price?  Does it need to be adjusted to compete?  Call your Matt Bagley Team for your free market overview today to discuss.  We can show you what sold instead of your home and for what price.  This gives you a great advantage in making the decision if your price will attract your buyer.  Our Team markets aggressively and will help you determine the correct price and the best way to show-off your home to get top dollar quickly in this real estate market.  Isn’t that what you want?

No wonder a recent study reported in the Utah REALTOR Magazine reported “Agent-assisted owners sell for more!”  We give top service, top experience, top advertising and trained negotiation skills that benefit our buyers and sellers in reaching all of their real estate goals.

For your free consultation regarding real estate questions, concerns and information, contact your Matt Bagley Team today at 435-865-1019 at ERA Realty Center or email bagleyteam@gmail.com.  The Bagley team can also be texted or called on our mobile phones:  Matt Bagley at 435-590-8788, Jennifer Corral at 435-559-0366, Janet Naisbitt-Bagley at 435-559-7772.

 

 

UAR November 2017

 

 

December Newsletter With Merry Christmas and Happy Holiday Wishes from the Matt Bagley Team!

December Newsletter With Merry Christmas and Happy Holiday Wishes from the Matt Bagley Team!

2017 has been an awesome year for our Southern Utah real estate market!  We feel very blessed and send our warmest thank you to all of you!  ERA Realty Center is still number one top producing office.  The future looks very bright for 2018!

The Utah Association of REALTORS (UAR) reports a 20.5% increase in Iron County closed sales in their latest published statistics. The same report shows a 15.8% increase in our median sales price.  See attached “Local Market Updates by County” for more details and for every county in Utah.

Homes on the market during the holiday season are charming and bring buyers warm memories of happy Christmases past.  That feel-good emotion invites buyers to make offers!  Typically, buyers are very serious and ready to buy when they are willing to take time to tour homes this time of year!

Foreclosures and short sales are nearly a thing of the past but not quite.  Our real estate market is steady and moving upward at a reasonable pace with very few short sales and foreclosures.

Some ask if there is another “Bubble Risk in Housing” ahead.  That is an excellent question.  If I had a crystal ball that worked, I would answer it!  I personally don’t believe so here yet.  We have a strong economy.  For a national viewpoint, let’s turn to DS News November 2017 Magazine and the following quote, “Some cities across the country show signs of an oncoming housing bubble, even though most home prices in U.S. cities remain below their 2008 peak in real terms.”  The article goes on to mention several big U. S. cities.  A paragraph regarding San Francisco, CA, says, “the city shows signs of overvaluation but no bubble risk. . .”

The Cedar City, UT, Temple brought thousands to the open house and cultural event.  It was amazing.  The dedication took place on Sunday, December 10, 2017.  What a joyous occasion that  many welcomed with tears and gratitude.

To attract buyers, it is of utmost importance to aggressively advertise, and the Matt Bagley Team has one of the most aggressive marketing plans and it works.  It is also imperative that homes show well and that they are priced with the market to be competitive.  Homes are selling quickly that are priced correctly and show well.  Contact the Matt Bagley Team today at 435-865-1019 for market pricing and staging ideas at 435-865-1019 at ERA Realty Center.  Email bagleyteam@gmail.com or text/call Matt 435-590-8788, Jennifer Corral 435-559-0366 and me, Janet Naisbitt-Bagley 435-559-7772.  MERRY CHRISTMAS AND HAPPY HOLIDAYS!  HAVE THE HAPPIEST NEW YEAR YET

 

UAR October 2017

Thanksgiving 2017 Gratitude Time is Here With Our Matt Bagley Team Newsletter Update!

Thanksgiving 2017 Gratitude Time is Here With Our Matt Bagley Team Newsletter Update!

What could be better than our wonderful customers and clients!  We thank you! Please enjoy the happiest Thanksgiving yet!  We are sending you our warmest wishes!

Our Iron County real estate market is something about which to shout for joy!  Closed sales are up 18.1% and our median price is now $191,000 which is up 16.3%!  Please see attached Utah Association of REALTORS (UAR) report for more details and for statistics on every county.  Steady growth continues and more is expected in 2018!

Our Cedar City area’s positive economy is a blessing and our future looks great.  Homes that are priced with the market and show well sell quickly.  According to the latest graphs attached for the Iron County Board Multiple List Service (MLS) from July 1, 2017 through November 1, 2017, residential single family home sales lead the real estate market.  501 homes plus 116 condos/townhomes sold while there were only 165 lots that sold in that same time period and 35 acreage parcels.  295 homes sold under $200,000.  334 homes sold above $200,000 showing homes currently sell in all price ranges.

The question has been asked whether homes should be taken off the market for Christmas.  It is our strong belief and experience that Christmas is a great time to sell your home.  Typically, the decorations and aroma of baking remind your buyer of home and invite warmth and happy memories.  It is true that there are not as many buyers looking for homes in the winter, but it is also accurate that there aren’t as many homes on the market so there is less competition.  Another positive thing is that buyers that take time to look in the snow during the holidays are serious and ready to make a decision.  Lookers typically don’t venture out in freezing weather.

Great loans are available now with nothing down and low interest.  The inventory is low.  Buyers of all ages are moving up and moving down!  Investors are buying rentals.  It is a great time to buy and sell in our strong opinion.

Please take a moment and call your Matt Bagley Team at 435-865-1019 at ERA Realty Center for your free consultation regarding staging your home for top dollar quickly and for a market overview to make sure your home or property are priced competitively to catch that next qualified buyer!  We also want to discuss all of your concerns and questions and help you reach all your real estate goals.  You can also email bagleyteam@gmail.com or call or text Matt Bagley 435-590-8788, Jennifer Corral 435-559-0366 and Janet Naisbitt-Bagley 435-559-7772.  This Happy Thanksgiving Newsletter Update is written by Janet Naisbitt-Bagley

 

 

UAR September 2017Market Stats 7 1 17 to 11 1 17Market Stats 7 1 17 to 11 1 17 3Market Stats 7 1 17 to 11 1 17 2

Matt Bagley Team’s Chilling 2017 Happy Halloween Real Estate Newsletter Update!

Matt Bagley Team’s Chilling 2017 Happy Halloween Real Estate Newsletter Update!

How’s the fall market?  Wow!  Thrilling news!  Cedar City Area’s Median Sales Price is up Year-to-Date 18.4% to $190,000, and that’s no spook story!  The Utah Association of REALTORs (UAR) recently published August 2017 Local Market Updates by County and reported Iron County closed sales are up 21.9%.  Please see attached for more details and for information on every county.  Watch for the 3rd quarter Multiple Listing Service (MLS) graphs with even more information when available in our next update.

 

Our local real estate market is alive and well as it is in most areas of the country according to recent news. Inventory is still low, and we have more buyers than homes available for sale even though there is some new construction. Lots are still slow sellers.  Our builders locally are quite busy which is a good healthy sign of a steady market.

 

Preparing homes for sale is of prime importance for a quick sale.  The Residential Specialist Sept/Oct real estate magazine reports “Doing home projects yourself can help you save money…and fill you with pride at a job well done with your own two hands. But there are circumstances where a pro is the way to go…” Patching drywall, cleaning the air conditioner condenser unit and repairing plumbing hardware are worth tackling on your own.  However, the article suggests calling a pro if there is a big hole in the drywall, if you want to repair or replace the HVAC, and if you have remodeling renovations that require alterations to the plumbing.  Repairing and fixing up are valuable aids in attracting a quick sale.

 

Of course, homes need to be clean, painted, decluttered, organized and beautiful to show well in the pictures we send all over the world on line and to attract your buyer.  I recommend going into each room and deciding what can be done to make more light and space.  If closets, cupboards or drawers are crowded, your home will look like there is not enough storage.  Taking 3 boxes into each space helps.  Everything can be beautifully arranged or placed in the garbage, donation or packing box. When this is accomplished, the home should be ready to show as long as you have done all necessary to beautify both the inside and out.  First impressions go a long way in giving your buyer that warm fuzzy home feeling.  Call our Team.  Giving home-preparation and staging suggestions are part of our service.

 

Preparing the home for sale is valuable, but so is pricing the home correctly!  Please call our Team for a market overview to make sure your home is priced to compete with other homes.  You want your home to show the best and to be priced correctly to get top dollar quickly.

 

Our marketing is tops and it works! I don’t know of anyone that advertises more aggressively to get your real estate sold!  If it shows well and is priced reasonably, our advertising will get a quick offer at top dollar! If you don’t already have an offer, please contact our team today to discuss what you can do to help!

 

Please call our Team at 435-865-1019 at ERA Realty Center for your free consultation!  You can also email bagleyteam@gmail.com or text Matt Bagley at 435-590-8788, Jennifer Corral at 435-559-0366 and Janet Naisbitt-Bagley at 435-559-7772.  This Newsletter is written by Janet Naisbitt-Bagley.  We want to answer all your questions and concerns and give you top service.  We want our top experience and expertise to benefit you and help you turn your realty dreams into reality.

UAR April 2017

What is “Autumn eight?” Find Out In Your Matt Bagley Team Fall 2017 Real Estate Newsletter!

What is “Autumn eight?”  Find Out In Your Matt Bagley Team Fall 2017 Real Estate Newsletter!

 

We are experiencing cooler temperatures and seeing gorgeous autumn leaves!  That means it is time for “preventive maintenance” on your home to save you “unexpected expenses or emergency repairs,” and it “may also reduce energy costs” according to Sept/Oct 2017 article in “The Residential Specialist.”  Here is their checklist:

 

“INTERIOR  1.  Get your furnace inspected:  Hire a professional to check for any leaks, replace the filter if needed and check heating efficiency.  2.  Winterize air conditioning:  If you live in areas where the temperature changes drastically and it snows, ensure that your external air condition unit is properly covered.  This is a good maintenance tip to increase the life expectancy of the unit.  3. Draft-proof your home: Check around the edges of your windows and doors to detect any possible air leaks.  If required, repair the caulking and replace seals to prevent heat loss.  4.  Test your home safety devices:  Make sure that your smoke detectors and carbon monoxide detectors are up and running.  This is extremely important and should not be overlooked.  Replace batteries, if needed.”

 

“EXTERIOR:  5.  Roof check:  Do a visual inspection of your roof using binoculars.  If  you spot missing or damaged shingles, it’s time to get them fixed.  6.  Inspect home exterior:  Check for cracks and holes and repair them or hire a professional.  7.  Clean the gutters:  Remove all leaves and debris to ensure that the gutters are clear.  Check for any possible leaks.  8.  Examine your surroundings:  Check for any damaged trees that could pose a potential hazard, trim landscaping, close your pool and put away any seasonal furniture and yard equipment.”  Note:  “This article was provided by Pillar to Post home inspectors.  For more information, go to pillartopost.com.”

 

Of course, in our area, it is important to also WINTERIZE sprinkling systems, evaporated coolers and everything else that might freeze.  If the home is vacant, WINTERIZE plumbing and pipes and leave on some heat.

 

Everywhere we go, people want to know, “How’s the market?”  It is awesome and steady.  It is a great market to sell and buy!  It is difficult to predict if prices will continue to rise steadily.  “The Price is Not Quite Right” is an article in the same real estate magazine quoted above.  “Home prices are nationally the highest they have ever been–but adjust for inflation, and that story changes.”  “Adjusting for inflation, this “new peak” is still 15 percent below the high in 2006.  And the new peak isn’t the rule across the country–only 41 of the nation’s largest 100 metros saw home prices grow to new peaks, despite the fact that 97 of the 100 metros saw home price growth overall.”

 

In our Cedar City area, Iron County statistics show a 17.1% increase in closed sales in 2017 over 2016 in the latest published Utah Association of REALTORS Local Market Updates by County. The Median Sales Price has risen year to date (YTD) 18.7% to $189,900.  See attached report for details and for every county and the entire state.  Our local real estate market is great and is expected to continue.  Many homes are selling in all price ranges.  Some lots are selling and there is new construction.  Commercial and development land sales are not fast sellers but are selling.

 

Inventory is still low in our area.  Even more homes would be selling if available on the market. According to Lawrence Yun, NAR chief economist, the country is experiencing a big inventory shortage. More new construction would be helpful.

 

If you want to sell your home or any real estate in this market, top marketing is required.  Our Team is doing that for you as we aggressively market!  If your home or other real estate is not sold in 30 days, a market adjustment in price may be needed.  Please contact our Team today for a market overview and for hints as to how to prepare your home for showings.  Marketing, pricing and staging are all important for top dollar quickly which is what you want!

 

Please contact your Matt Bagley Team at 435-865-1019 at ERA Realty Center today for your free real estate consultation!  We want your realty dreams to become reality and we give top service and expertise to make that happen!  What are your questions? Concerns? You can also email bagleyteam@gmail.com or text or call Matt Bagley at 435-590-8788; Jennifer Corral at 435-559-0366; or Janet Naisbitt-Bagley at 435-559-7772.  We are your top Team!  What else can we do to always give you top-trained, experienced and professional expertise and service!  We love hearing from youUAR July 2017

Exciting News and 10 Top Selling Tips in This August 2017 Real Estate Newsletter Update From Your Matt Bagley Team

Exciting News and 10 Top Selling Tips in This August 2017 Real Estate Newsletter Update From Your Matt Bagley Team!

 

“This is an exciting time in the home mortgage market.  The economy continues to grow, jobs and wages are both up, and although interest rates are rising, rates remain very attractive for home purchase,” as reported in National Association of REALTORS (NAR) REALTOR Magazine July/August 2017 issue.  Loan products are available that improve the home buying process!  Buyers and sellers benefit from low interest rates and great loan products.  Lawrence Yun, NAR chief economist states, “The economy is in its seventh year of expansion.”  “Home prices have recovered as well.” Gratitude is how I feel about the real estate business and the real estate market.  It is awesome!  I hope it remains steady for many years!

 

10 Home Selling Tips That Attract Top Dollar Quickly:

 

1,  First and most important:  Your real estate team must have top technology, top service, top experience, top negotiating skills and top training!

  1. Ask to see your REALTOR team’s market plan. World wide advertising on line with many pictures is a must as well as local print ads.
  2. Hire a home inspector. It is very helpful to know up front what repairs need to be made to make the sale.  Ask for a list of inspectors.
  3. Ask your agent to give suggestions to help you make your home show perfect. Fix up, clean up, paint, declutter and throw away both inside and

out. Staging homes for sale is huge in attracting top dollar.  Buyers search by price and pictures and look for quality and upgrades.  Curb appeal

and how the home feels are of utmost importance.  A smell of freshly baked bread or cookies and seeing light and space go a long way in

creating that “I’m home” feeling that attracts buyers to make an offer.  It is best for seller to be out of the home.  Buyers can ask questions later.

  1. Make sure your agent includes many excellent pictures on line nationally and worldwide and in the Multiple List Service (MLS).
  2. Make sure your agent markets to other REALTORs as well as buyers. Your buyer may have a friend or relative in real estate, so you want all

REALTORs to know your home.  Ask if your home is on Wasatch Front MLS and Washington County MLS as well as Iron County MLS.

  1. Price your home with the current market! Ask your agent for a realistic value and to see past sales as well as current competition.
  2. Make your home available to show when the buyer wants to see it. Most buyers are out of state with time schedules.
  3. Remain politically neutral with agents and buyers. Politics can affect your sale. Be honest and genuine without contentious topics.

10.Be courteous and kind to agents and buyers even when mistakes are made.  They may be just the one to sell your home!

 

Latest available Utah Association of REALTORs statistics show continued real estate market improvement.  Closed Sales and Median Sales prices are both up significantly in Iron County with Iron County Median Sales Price being $189,900.  See attached “Local Market Updates by County” for more details and for information on all counties in Utah.  The Iron County Board of REALTORs graphs attached include “Current Market Analysis” for 4/1/2017 thru 8/8/2017 showing more homes sold than lots.  We do need more new construction to increase the low inventory of homes for sale in our area which would work to increase lot sales also.  The attached graph, “Residential Market Summary Report by Price” for the same period of time shows more homes in Cedar City and surrounding areas sold between $100,000 and $299,999 than any other price range.  The same graph shows 108 homes sold above $300,000 which proves homes are selling in all price ranges. Attached “Residential Market Summary Report by Area” shows how many homes sold in Cedar City, Enoch and etc.  The “Sold By Market Share” shows ERA Realty Center as top selling office.

 

Contact your Matt Bagley Team at 435-865-1019 or email bagleyteam@gmail.com for your free real estate consultation regarding staging, showing, pricing, advertising, or other concerns and questions.  We want to help you make all your real estate dreams turn into reality!  Text or call today Matt Bagley at 435-590-8788, Jennifer Corral at 435-559-0366 and Janet Naisbitt-Bagley at 435-559-7772.  Yes!  Janet is still in the real estate business and works as part of the Matt Bagley Team, who is her son.  This article is written by Janet Naisbitt-BagleyUAR May 2017 Stats

Hot July Real Estate Newsletter Update!

Hot July 2017 Hot Real Estate Market Newsletter Update From Matt Bagley Team

Wow! Real Estate sales are sizzling! Iron County closed sales are up 13.4% and the Median Sales Price is up 19.7%. See attached Utah Association of REALTORS Local Market Updates by County for more details and for statistics from every county. Our Real Estate Market is Awesome!

What about the summer forecast? To quote Economist Ralph DeFranco from DS News June 2017, “Hot markets will remain hot, with continued bidding wars for desirable properties. Home sales overall are strong, up slightly from last year even though there are fewer homes to choose from.” He continues, “Even a modest increase in mortgage rates will not derail this strong a market.” “According to the Spring 2017 Housing and Mortgage Market Review home prices aren’t dropping anytime soon.” It is our opinion that this national forecast matches our local market.

To quote from July 2017 DS News issue, Dr. Frank Nothaft, Chief Economist CoreLogic, “We expect a modest (less than 2 percent) increase in home sales in 2017 with single-family starts up almost 10 percent. The DS Journal also stated, “Younger Generation Shifts to Buying Instead of Renting;”

Not all experts agree; however, whatever the national predictions are, our local real estate is moving and the market is fabulous! I went to a closing today where the couple is absolutely thrilled to be moving here from Alaska! It is so delightful to help our clients find their happy home! That feels good! When I got back to the office, I learned there were 2 offers on one of our listed homes and maybe a third one on its way. Homes and land are moving when priced correctly and advertised aggressively! It is fun to be part of the excitement!

What else is needed for sellers to get top dollar quickly besides our aggressive advertising online and in print and their property priced competitively for the market? The home must be prepared for success! Remember what the famous home stager, Barb Schwarz, advises in “How to Stage Your Home To Sell For Top Dollar!” “The way you live in a home and the way you sell a home are not the same.” I have attended her training at ERA Real Estate National conventions twice–once many years ago and once a few years ago. She is great and so talented. Part of our service when we list your home is to help you prepare it to win! Call today for details. Many many pictures of your home go all over the country and all over the world online, in print, and to other real estate agents. We don’t know who your buyer will call, but our advertising will be the reason they call! We all want your home to be gorgeous to attract your buyer!

More news! The July/August 2017 REALTOR Magazine reports from National Association of REALTORS (NAR) research, “The economy is hanging in there and job growth remains solid, so markets are seeing an uptick in first-time buyers…” “Inventories remain low, though, so buyers are competing for a relatively small number of properties…” “The share of home buyers coming from the ranks of renters has steadily increased over the last three years, while the percentage of move-up buyers continue to slip.”

“Get a CLUE” in the REALTOR Magazine for 1st and 2nd quarters discusses the Comprehensive Loss Underwriting Exchange database (CLUE). “The CLUE report provides information on property insurance claims for the past seven years.” “It’s important to make sure the information in your CLUE report is accurate because an error could increase your insurance premiums or prevent you from getting coverage.” This is a good suggestion for sellers to get the report and check it out. Call your insurance agent. Buyers should also get this report to help them with their due diligence. Of course, buyers should also always have inspections also.

REMEMBER! To sell quickly at top dollar, you need our Team’s aggressive marketing that works both online and in print! You also need the right price and your home staged and prepared for success!

We want to help you turn all your realty goals into reality! Call our Matt Bagley Team at 435-865-1019 at ERA Realty Center for your free consultation on market pricing, preparing your home for sale, for our aggressive market plan that works, for answers to your problems and concerns and for help reaching all of your real estate goals! We even have a DVD that we can loan you to help you stage your home for top dollar quickly! You can text or call Matt Bagley at 435-590-8788, Janet Naisbitt-Bagley at 435-559-7772 and Jennifer Corral at 435-559-0366

UAR May 2017 Stats

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