Posts from April 2014
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30
Ruhl&Ruhl Realtors Ranked Iowa's Largest Privately Owned Real Estate Company
Ruhl&Ruhl Realtors was once again ranked the largest privately-owned real estate company in Iowa, according to RISMedia's 2014 Power Broker Report. The report ranks the top 500 real estate companies in the country according to the number of transactions and sales volume. Ruhl&Ruhl ranked 97th in the country for the number of home sale transactions closed, which was 5,287 in 2013. Other Iowa Companies Ranked in 2013 as follows:
*The RIS ranking is based on residential sales only. It excludes farms, land, commercial and other non-residential properties.
Ruhl&Ruhl's all-inclusive sales volume was $825,946,000. Including non-residential transactions, Ruhl&Ruhl...
24
2014 QCBR Spring Parade of Homes
Please join us for the upcoming Quad City Builders Association Spring Parade of Homes event. The parade will be held April 26th – 27th and May 3rd – 4th from 1:30 p.m. – 5:00 p.m., as well as April 30th from 5:00 p.m. – 8:00 p.m. As always, the parade of homes is free to the public.
Many of the top builders in the Quad Cities participate in this event as it showcases new building trends in new construction homes. There are twenty-nine to tour with sixteen being held open by Ruhl&Ruhl sales associates. Twenty-six are in Scott County, IA; of those nineteen are in Bettendorf, IA. Please see the homes Ruhl&Ruhl agents are showing below:
18
Iowa Farmland Value Decreases, but Demand Stays Strong
Despite a decrease in the value of cropland across the state of Iowa, there continues to be high demand for certain types of land.
The Land Trends and Value Survey, presented by the Iowa Farm and Land Chapter #2 REALTORS Land Institute, reported a statewide average decrease of cropland values of 4.2% for the year from March 1, 2013 to March 1, 2014. This follows an increase of 17.1% for the year from March 2012 to March 2013; and an average increase of 23.7% for the year from March 2011 to March 2012. This is the first reported statewide decrease since March 2008 through March 2009.
"Although lower commodity prices have put some downward pressure on low and medium quality farms, we are still seeing strong...
8
Now is the Time to Buy
Cost is not determined by the price alone but by price and the mortgage rate. As projected by Fannie Mae, Freddie Mac and the National Association of Realtors, the longer a buyer waits, the higher the mortgage payment will be if rates continue to increase. Money Magazine, agreed with this as they warned their readership of the same consequences if they waited to buy a home. Here is what they said: "Be mindful of rates. The average interest rate on a 30-year fixed loan is predicted to climb from the current 4.4% to 5.3% by the 2015 spring buying season, according to Freddie Mac. For a $250,000 loan, that means that a borrower who waits would...
