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Market Update May, 2007
Here is an interesting PowerPoint presentation in PDF form, quoting several reliable sources with information about the current real estate market. The bottom line is that this market is active but very competitive. Click the title “Market Update May, 2007”, and enjoy the show!
Sales checkup
So, how’s it going so far this year for sales? I only ask because I keep hearing about a tough sales market in real estate, and since I’m a real estate broker, it matters to me how the market is. And, it’s not just a professional interest, this is how I make my livelyhood! Well, I looked up home sales in our market for …
Modest Gains Expected for 2007 Home Sales!
Walter Molony of the National Association of Realtors says we’re in for an increase in the number of homes sold nationallly. 2005 was a banner year with 7.03 million home units sold. Last November, (2006) the annual 2006 sales were 6.28 million and should be rising gradually in 2007. It is early yet, but this news fits with what’s happening in the Iowa City …
It’s a new year!
2007 is shaping up to be a busy year for Realtors. November and December were very slow months, but I got all my filing done! As of January 2, things are popping! There are currently 1583 residential and 349 commercial properties on the market. This is a little higher than previous years, but not significantly. Of the residential listings, 797 are homes, 513 are …
2006 real estate review
I keep reading about the real estate bubble, but I don’t believe we have seen any evidence of this in the Iowa City area. Let’s look at the record: In 2006 there were 2607 homes (read residential properties) sold for a total sales volume of $469,413,392. The average sale price was $180,059, houses sold after an average of 107 days on the market, and …
Welcome to Jeff’s Iowa City Real Estate Blog
Welcome. Local real estate news, that is real real estate news is hard to come by. We’ll fix that! I will sift the statistics and facts and post information relevant to a buyer’s or seller’s interests in Iowa City area real estate.