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Posts from January 2010
Ruhl&Ruhl REALTORS
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January
27
27
Fifth Generation Joins Ruhl&Ruhl REALTORS
After 148 years in business, the fifth generation of the Ruhl family joins Ruhl&Ruhl REALTORS. Chris Beason, son of Caroline Ruhl, President of Ruhl&Ruhl REALTORS, is now working as a Realtor in the company's Davenport office. Chris was born and raised in the Quad Cities and has grown up in the real estate business. After graduating from Assumption High School in Davenport, Iowa, Beason moved to St. Paul, Minnesota to attend the University of St. Thomas. There, he earned a bachelor's degree in real estate, and then went on to work at two nationally recognized real estate agencies – The Norton Agency in Gainesville, Georgia and The Group, Inc. in Fort Collins, Colorado. "I am proud and excited to have Chris join our team," Caroline said. "I know he will continue our commitment to the communities we serve and will be a team player, helping to b...
January
26
26
Q-C home sales show strength
The Quad-City housing market saw housing sales end the month of December ahead of a year ago. "When we compare our 2008 numbers to 2009, we are up significantly," Kris Ratigan, Mel Foster Co.'s marketing director, said Monday of the market's performance. Citing statistics from the Quad-Cities Multiple Listing Service, or MLS, which tracks all homes sales in the market, she said the area closed $38.193 million in sales in December. That compared with $32.142 million a year earlier. The number of units sold was 241 in December, which was flat with 233 units sold in December 2008. Caroline Ruhl, the president of Ruhl & Ruhl Realtors, said her company saw an 11.7 percent increase in units sold in December from a year ago. Sales volume was up, from $34.32 million to $41.38 million, in Ruhl & Ruhl's combined markets. But the Quad-City area saw sales slide...
January
25
25
New Construction Markets Stabilizing
2009 has been a year of mixed signals to the new home market. In our regional markets we started to see daylight with some areas showing actual increases in overall unit sales, while most areas that showed decreases in sales experienced smaller decreases than in 2008. To be certain, we are not experiencing a "boom" time yet, but the signs of stabilization are certainly present. Inventories have been pared to levels where absorption rates are returning to 2005 -2006 levels. Prices have not been severely impacted either. In fact, one segment of the Quad City market had a 7% increase in the average new home sales price over the last year. The Quad City area continues to see new construction very differently depending upon whether you are in Scott County, IA or in Rock Island County, IL. The Illinois side saw its market share...
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