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Jerry Lalor joins Edberg Tram
Jerry Lalor (he’s the taller one) has joined Rachel Barnes and Jeff Edberg to round out the Edberg Real Estate Team! Jerry is a talented, pleasant and an experienced business person and Realtor®. He will be focusing on listing client services while also doing both residential and commercial sales and leasing. The listing function is the backbone of the team keeping the listing inventory fresh …
Iowa City Area – 2012, Commercial Real Estate Status and Confidence
Iowa City Area – 2012 Commercial Real Estate Status and Confidence Jeff Edberg, CCIM, SIOR In 2007 the real estate housing bubble burst followed by the collapse of the financial markets supporting unsustainably high market real estate prices. The Iowa City area is a unique metropolitan area largely due to the strong and stable influence of the University of Iowa and the University of …
Iowa City Real Estate Checkup for Fall of 2009 – Q & A
1) The Current Condition of Real Estate in Iowa City? The residential real estate market, and as a following indicator, the commercial real estate markets are currently guarded, but healthy. Historically, for the last 20 years, or so, homes have increased in value by about 4% per year, have sold in 90-120 days and have sold for about 98% of what they were listed …
Taking Green Home
Ok. So we’re going green…for real. What’s next. We here’s what I think I can do, or at least try. New lights Composting Lower temperature Shorter showers Recycling Pay attention, buy local What I don’t think I can do, so far. After all, the things you buy don’t have the same personal impact as the things you do. Replace windows More insulation Solar, or …
Real Estate Terminology 101
I talk daily with people interested in leasing property and have discovered that the way brokers price property for lease is not very helpful to the public. The small business owner, or start-up company, just wants to know what the rent is for a particular suite, but we in the industry price it by the foot per year on a triple net basis. Now, …
New Demographic Reports
I have just posted new demographic reports for the Johnson County, Iowa area on my commercial website. Go to http://www.iowacitycommercialbroker.com/ and select the demographic tab. I love these reports. They offer in depth, current infomation about this area and give some sort of foundation for decision making.
New market snapshot feature
I just put a new button on my website titled “market snapshot”. Unfortunately some of what we do is marketing fluff, but this is the real deal. The link sets up a market snapshot based on your search criteria and emails you a full featured, graphic report showing meaningful statistics, maps, and photos. I am excited about this tool and invite you to give …
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 …