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Regional real estate sales are strong. Sales volume is up in almost all of our markets for the first 6 months of the year compared to 2011: Burlington Area                                +17% Cedar Rapids Area                          +16% Clinton Area                                      +34% Dubuque Area                                  +17% Illinois Quad Cities                           +18% Iowa Quad Cities                              +21% Iowa City Area                                  +28% Muscatine/Wilton Area                     +12% Ruhl&Ruhl REALTORS sales volume is up 29% through June and sales pended but not yet closed in June were up 23.5%, s...
There have been more and more reports showing that the housing market is beginning to recover. This has caused angst among some homeowners who are considering whether or not to sell their house in the next several months. With the market showing signs of life, the question becomes should they wait to sell because prices may be about to increase. The data proves that sales are increasing nicely. However, there is no consensus on home prices yet. At the National Association of Real Estate Editors conference in Denver at the end of June, Lawrence Yun, chief economist of the National Association of Realtors (NAR) said: "This time next year, there could be a 10% price appreciation. I would not be surprised to see that." During the same week, Morgan Stanley came out with a housing re...
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