Welcome to the Washington County Utah Board of Realtors® Blog

It is our hope that WCBR members will use this blog to gather information and to comment on things of interest in our industry.
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Tuesday, July 20, 2010

Friday, May 28, 2010

Armed Service Members Have Extra Year for Home Buyer Tax Credit

The National Association of Home Builders (NAHB) wants members of the military, foreign service, and intelligence communities to know that they may have an additional year to buy a home and claim the home buyer tax credit, which expired to most Americans on April 30.

The law provides qualified service members who served on official extended duty outside of the United States for 90 days or more at any time between January 1, 2009, to April 30, 2010, another year to buy a home and claim the credit. They have until April 30, 2011, to sign a sales contract and until June 30, 2011, to settle and close on the home. Both the $8,000 first-time and $6,500 repeat home buyer tax credits are included in the rule.

“Congress recognized that many service members may have missed out on the home buyer tax credit due to being posted overseas,” said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Michigan. “It is only fitting that they be given another year to take advantage of this opportunity in appreciation of the sacrifices they have made serving our country.”

“Qualified service members” are defined as a member of the uniformed services of the United States military, a member of the Foreign Service of the United States, or an employee of the intelligence community.

The rule that requires buyers to repay the credit if they move out of their home within three years has also been waived for qualified service members if they have to sell their home due to receiving government orders for extended duty service.

NAHB provides information on the home buyer tax credit, including eligibility requirements and links to home buying resources, on its consumer website http://www.federalhousingtaxcredit.com./

Thursday, May 20, 2010

Local Realtor® Is Serving The Children

Chantel Markel, Realtor® with Tolbert and Nielsen Realty Group, is involved in helping children find some peace in their lives by being active in the foster children programs of the Washington County area.

A wonderful article paying tribute to Chantel's efforts was published in the Spectrum.  To read the whole article go to:  http://www.thespectrum.com/apps/pbcs.dll/article?AID=/201005060455/LIFESTYLE/100506003

We applaud Chantel as one of the exempelary agents doing good things apart from real estate in our community.

St George Housing Market Shows Signs of Recovery

A recent article in The Salt Lake noted that the real estate market in St. George and Washington County is showing sings of revovery.

To see the whole article click on this link: http://www.sltrib.com/ci_15046557?source=email

Real Estate Agents Compete In Race

St. George hosted the Ford Ironman St. George tri athlon competition and out of some 2,500 participants there were three who were local real estate agents.

Coldwell Banker wants to applaud not only the other athletes who put forth their best effort in the St. George Ironman by show ing courage and strength but also congratulate Greg Sampson and Brittany Dell, both of Coldwell Banker Premier, as well as Candice Calder, of River Realty, for taking part in the triath lon and showing that even real estate agents run the distance, swim the miles and bike the roads to get it done.
BY THE SPECTRUM & DAILY NEWS