Home prices continue to climb. Home sales dipped slightly and the days on market remain low. The median sale price rose 8.7 percent from October of last year. The median price was $126,500 in October 2014 compared to $137,500 this year. Homes were on the market for an average of 69 days last month compared…Read More »
Homes sales and sale prices continue their steady upward trend in Iowa in September. This is the strongest third quarter Iowa has seen in 8 years. The median sale price rose 5.9 percent from September of last year. The median price was $131,750 in September 2014 compared to $139,500 this year. Home sales are up…Read More »
As you may know, the U.S. Senate Finance Committee recently proposed a “Blank Slate” approach to tax reform. This approach would initially eliminate every provision in the tax code. Any eliminated provision would only be added to any new tax legislation if the expenditure could be justified by helping to grow the economy. Members of…Read More »
In 2012, many areas of the country started to see both home sales and prices rebounding. Unlike in past years, however, those markets still struggling saw not a shortage of buyers but a shortage of sellers. Inventory dropped from months of supply to just a few weeks in many markets. Survey data from the Investment…Read More »
Negotiating a purchase agreement may be the trickiest aspect of your real estate transaction. Negotiating is not all luck or natural talent. Being successful in the negotiation process encompasses the learned ability to use certain skills and techniques to arrive at a win-win agreement for sides of the agreement. Most home buyers and…Read More »
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