Posts from February 2012
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29
1862 Mortgage Offers Home Affordable Refinance Program
22
Is It Time for Young Families to Buy a Home?
We have reported that almost six million adults between the ages of 25 to 34 are currently living with their parents. That number reflects an almost 50% increase since 2003. These young adults are now being advised to jump into homeownership. Who are the people selling them on the American Dream? Their parents! It seems that parents of some adult children are strongly suggesting that their children take advantage of the low cost of homeownership available today. Some moms and dads are helping financially and are even co-signing for the mortgage. Middle age parents who have owned a home understand its true value. A home has always been a good long term financial investment. However, homeownership also has many other benefits. In...
14
Where Are Rents Headed?
10
New Construction Inventory Falling
Across the region served by Ruhl&Ruhl REALTORS, new home sales dropped by an average of nearly 14% (see chart below for more detail) while Ruhl&Ruhl REALTORS experienced a company-wide increase of over 6% in unit sales for the year. Price level preferences were consistent with sales in the Quad Cities market, but the rest of the region expressed a much stronger preference for ranch style homes; at over 90% of sales in most areas. Inventory levels across the region fell by nearly 30%, compared to last year.
The Quad Cities Area Realtor Association's Multiple Listing Service sales and inventory figures for new homes in the Quad Cities have been compiled and the overall results for 2011 reflect a decrease in both sales and year-end inventory levels. Inventory of New Construction at the end of 2011 dropped 16% from a year ago, with available new houses down 2...
8
Ruhl&Ruhl REALTORS Celebrates Sales Growth in 2011
Caroline Ruhl, President of Ruhl&Ruhl REALTORS, congratulated her sales associates and staff on an amazing 2011. "While business was down in most of our markets and at most competing real estate companies, business was up at Ruhl&Ruhl REALTORS!" Ruhl credited her company's success to her extraordinary people: "The Ruhl&Ruhl difference is truly found in the compassion, expertise and commitment of our people, from agents to staff to management to loan officers. You out-worked and out-smarted and out-serviced the competition. At the end of the day, it always comes down to having the best people. Thank you for your wonderful service, your hard work and your loyalty." The company also celebrated their 150th birthday. The Ruhl family has been helping othe...
