Janet Naisbitt-Bagley

ERA Realty Center, Cedar City, Utah

I hope you enjoyed a wonderful Valentine Day, and I hope your 2013 is the best year!

2013 should be a great year for Real Estate in Cedar City and surrounding areas. Continued improvement is noted in the most recent Utah Association of REALTORS (UAR) “Local Market Updates by County.” It usually takes UAR a couple of months to compile the data, so the attached December Update is the most current that we have received. Closed sales were up year to date (YTD) in 2012 as compared to 2011 in most counties. The Median Sales Price was also up in most counties YTD in 2012 as compared to 2011.

The Iron County Board of REALTORS 2012 sales graphs have been completed and are also attached for your information. The graphs include all of the2012 sales for all of the real estate offices in the Iron County Board of REALTORS. The huge majority of homes sold in our area under $200,000.

I just received the “News and Strategies for The Evolving Mortgage Market MReport February 2013” Magazine. There is an interesting article titled, “Stability a Sure Thing for Investors in 2013.” The article starts out, “A new report from Neuberger Berman Group LLC indicates that 2013 will be a year of greater stability and a reduction in uncertainty and volatility for investors.” Further on in the article is a quote from Joseph Amato of Neuberger Berman, “Although there are continuing issues, we now have some confidence that we’ll get more stability in 2013, and that should present outperformance opportunities.” This is very positive news for the real estate market in 2013.

We are seeing some signs of new life with the Playhouse being torn down to make room for a new $ store. We are seeing more new construction starts. The news is that a new roofing company and a Medical Facility are in the works which should help the real estate market and job availability here.

The 4 factors to have the winning edge to make sure your property is marked sold:
1. Aggressive marketing: You are receiving worldwide marketing! We know of none better!
2. Price: Please call today to discuss recent sold comparable properties to see if an adjustment is needed in market price to ensure you have the competitive edge to attract buyers.
3. Show Perfect: Please call today to discuss how to make sure your real estate shows well to attract an offer from buyers when they see your property.
4. Make your real estate available for showings upon request.

#1 is the factor that is our job, and I do not know of anyone that markets more aggressively than the Naisbitt-Bagley Team. The remaining 3 are very important also and are in the control of the seller. Please call the Naisbitt-Bagley Team at 435-865-1019 for your free consultation or email naisbitt@infowest.com or call toll free at 800-934-3742. Check http://www.homesincedarcity.com.

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