Posts from February 2013
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28
Home Prices Steady in our Markets
Our local markets continue to have stable growth in home price appreciation, ranking in the top 39% in the country.
Information courtesy of the Federal Housing Finance Agency (FHFA) for fourth quarter 2012. FHFA stats always run one quarter behind. Their full report is available at www.fhfa.gov. *Rankings based on annual percentage change in house prices. Nationally home prices have fallen 12.87% in the last five years, but all of our markets' home prices are up: 7.10% in Dubuque; 2.09% in the Quad Cities; 1.73% in Iowa City; and 0.82% in Cedar Rapids. This compares to other cities: Des Moines, IA down 4.82%; Chicago, IL down 25.54%; and the Daytona Beach, FL area down 44.33%. According to the Federal Housing Finance Agency, of the 302 MSAs (Metropolitan Statistical Areas) ranked by home price appreciation, all of our markets in...
22
The Best Industry to work in? Real Estate!
13
From Residential Investments to Real Estate Wealth
Financial freedom occurs when your income from investments exceed your expenses. This can be accomplished in a variety of ways, from the stock market to investing in rare coins, but none have the benefits that investing in real estate can provide.
Join Greg Rand, CEO of OwnAmerica and host of the Fox Business Network's "Where to Invest Now," at a FREE investment seminar to learn how to use real estate as a wealth-building tool. The seminar, hosted by Ruhl&Ruhl REALTORS, will also cover the residential investment market opportunity, the five principles of real estate wealth, how to properly analyze an investment prope...
8
New Home Sales Rebound in 2012
2012 brought modest growth to new home sales results in the Cedar Rapids area markets. The Multiple Listing Service reported an increase in overall new home unit sales of 3% over the totals for 2011, as shown on an attached table. House sales dropped 2% while condo sales rose 13% for the year. Broken down by market segment; the Marion/Hiawatha/Robbins areas saw an overall increase of 17.9%, while the 4 Quadrants segment recorded 9.3% fewer unit sales than last year. However, the real story here is not sales, but the sinking inventory level in this market. As an additional attached table illustrates, local new home starts in 2012 were down 4%, compared to 2011. This follows on the heels of a 16% decrease in new house starts...
7
Ruhl&Ruhl has launched its brand new app mobileRuhl!
Growing with Mobile, mobileRuhl that is
Mobile is where it's at. And Ruhl&Ruhl REALTORS is leading the way.
Searching for properties in eastern Iowa just got a little easier with a brand new app launched by Ruhl&Ruhl REALTORS, mobileRuhl. Ruhl&Ruhl REALTORS, a family-owned and operated real estate company headquartered in Davenport, Iowa, has served local real estate markets in eastern Iowa and western Illinois for over 150 years. The broker's brand new app, mobileRuhl, is available for free for iPhone, iPad and Android devices at the App Store or
