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Posts from April 2009
Ruhl&Ruhl REALTORS
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April
29
29
Iowa Finance Authority: Military Service Member Homeownership Assistance
The Iowa Legislature created the Military Service Member Homeownership Assistance Program (MHOA) in 2005 to help eligible armed forces service members purchase a primary residence in Iowa. The program provides up to $5,000 that may be used toward down payment on a qualifying home purchase and/or closing costs on a qualifying first purchase money mortgage. The Iowa Finance Authority (IFA) administers the program. Eligible home buyers: The program is available to service members who at the time of applying for a grant under the program:
- Have served 90 days active duty since September 11, 2001 (other than training);
- Is a federal status injured service person having served in active duty since September 11, 2001; or
- Is a surviving spouse of said eligible service person, all who have served honorably.
April
27
27
REOHome Program from Iowa Finance Authority
The Iowa Finance Authority's REOHome Program can help hard-working Iowans purchase the home of their dreams! This unique new program offers up to $10,000 in down payment/closing cost assistance to qualified Iowans who are purchasing a home that is Real Estate Owned. (Real Estate Owned properties are in the possession of a lender as a result of foreclosure of forfeiture.)
Eligible Home Buyers:
- Household income is restricted to 80% area median income per county. Review the income limits.
April
23
23
The Real Estate Market Is Back!
NEWS RELEASE APRIL 21, 2009 Contact: Caroline Ruhl, President CarolineRuhl@RuhlHomes.com After six months of wondering if we would ever sell another house, the real estate market is back! Hallelujah! The regional real estate market slowed dramatically during the fourth quarter of 2008 and the first quarter of 2009. Real estate pending sales were down as much as 50% compared to the prior year during some months. Prospective buyers were paralyzed with fear due to the troubled economy, and concerns about whether or not they would have a job. This downturn is reflected in the 2009 Regional Real Estate Trends chart on page 2. As shown, first quarter sales volume was up 32% in Dubuque, but down in all of our other markets, with the drop from first quarter 2008 as follows: Cedar Rapids -17% Clinton -53% DeWitt...
April
16
16
Ruhl&Ruhl 100th Largest Broker in Country
NEWS RELEASE APRIL 15, 2009 Contact: Caroline Ruhl, President Office Telephone: 563-441-5001 CarolineRuhl@RuhlHomes.com Ruhl&Ruhl 100th Largest Broker in Country Of nearly 8,000 real estate companies in the country, Ruhl&Ruhl REALTORS was just ranked the 100th largest broker in the U.S. by REAL Trends in their annual Big Broker report. This continues a steady climb – from 146th in 2005 to 113th in 2006 and 100th based on 2007 and 2008 results. Brokers are ranked based on the number of residential transaction sides closed during the prior year. Ruhl&Ruhl closed 3,602 listings and/or sales during 2008, nearly 10 deals per day. Ruhl agents each closed an average of 16 transactions in 2008, compared to 7 deals per agent which is the national average. Ruhl&Ruhl agents rank...
April
9
9
Ruhl&Ruhl agents had the best week since July 2007!
Last week, Ruhl&Ruhl agents sold $17,696,207 in volume and did 126 sides! The last week we did that well was in July of 2007. It's a great time to buy and/or sell! Start working with a Ruhl&Ruhl agent today! There is still time to take advantage of the $8000 tax credit. Click here to learn more. Visit the Ruhl&Ruhl REALTORS website today! www.RuhlHomes.com
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