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Posts from August 2014

Ruhl&Ruhl REALTORS

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August
29

  The eastern Iowa region continues its steady climb in home price appreciation – with the Cedar Rapids area showing positive gain. In the Cedar Rapids region, home prices are up 1.20% in the past year. This data is provided by the Federal Housing Finance Agency (FHFA) for the 2nd quarter of 2014 (see chart and website below). Nationally, home prices have increased 8.25% in the last five years, while the Cedar Rapids market is up 2.19%. This compares to other markets: Dubuque up 7.83%; Iowa City up 5.11%; the Quad Cities up 3.64%; Des Moines up 1.32% and Chicago, IL down 10.29%. Our local gains, while not as large, continue to be positive. We did not have the significant decline in home prices that other markets across the nation suffered, insulating

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August
28

It's no secret that moving can be tough. Fortunately, Ruhl&Ruhl Realtors has the relocation specialists that can make it easier on you and your family. Whether it's a new job, transfer or a family decision to make a move, our relocation specialist will be there assisting you with all aspects of moving to our area. Their goals are your goals – to find the best agent, neighborhood and community for you! "While making a move to a new home or area can be exciting, it can also be a stressful experience," said Jean Huinker, Ruhl&Ruhl Realtors Relocation Coordinator. "Our team will help ease that stress by guiding you through the process." Clients moving to the ar...

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August
25

When driving through Geneseo, Illinois it is not uncommon for a complete stranger to wave or start a conversation. This was experienced firsthand while visiting. With the new school year just starting there was one topic on everyone's mind – the advantages and benefits of the Geneseo School District. "We pride ourselves on the school district and everyone gets involved," said Geneseo resident and Ruhl&Ruhl agent, LuAnn Lavine. "It brings our community together" Every year, Geneseo students exceed the state average in reading, writing and math for the Illinois Standard Achievement Test (ISAT). The Geneseo school system provides excellent academic opportunities, starting with the preschool Ladders to Learning Program and continuin...

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August
19

We have been on a roller coaster ride for the past 18 months, with residential sales roaring ahead, then falling back and now slowly, but steadily, stabilizing and gradually improving. For the first six months of 2014, the total number of properties sold in our eastern Iowa, northwestern Illinois and southwestern Wisconsin region is down 4%, from 6,949 properties sold in 2013 to 6,683 properties sold in 2014. Sales volume for the total region is also down 4% to $1,065,971,100. As always, there is considerable variation from market to market, as shown on the Regional Real Estate Activity Chart below. Ruhl&Ruhl Realtors had predicted a flat year in 2014 compared to 2013 and we are hopeful that contin...

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August
14

There has been lots of chatter about Zillow's acquisition of Trulia. How will this impact our markets? How will it change the real estate game for homebuyers, home sellers, investors and our Realtors? Well, we believe it won't. Not now and not ever. Real estate has always been local. The person with the local market knowledge earns the business and, in turn, the trust of the client. And the Realtor with the ability to analyze all the data out there, and break it down into meaningful information for their clients is really priceless – no listing portal will ever be able to do that. "My husband and I rec...

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