Ruhl&Ruhl REALTORS
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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...
25
Iowa housing market stable
The Iowa Association of Realtors is reporting a glimmer of positive news in its annual 2011 Housing Trends Report, out this month. It says home sales were up statewide in December, for the fifth consecutive month, and steady throughout 2011. Rob Cook is a realtor for Ruhl&Ruhl REALTORS in Dubuque, a real estate blogger and self-proclaimed "numbers guy." He pulled statistics from the Federal Housing Finance Agency (FHFA), showing Dubuque is number two in the nation when it comes to high rates of house appreciation. Those numbers show the average home in Dubuque appreciated 2.46 percent in one year, through Sept. 2011, and 8.06 percent over the course of five years. Bismark, N.D., by the way, took top marks, with a 15.99 percent five-year average appreciation. In Dubuque, Cook said, "our average sale p...
20
America's Top 10 States For Business in 2011
Let's face it, in these economically trying times going to a state that is conducive for conducting business is vitally important. If you are looking for work it does not make a great deal of sense going to a state that hinders a businesses ability to succeed. Likewise, buying a house in a good business environment makes a lot more sense than doing so where businesses will be struggling. So if you are thinking of moving to a state that is favorable for business this list by CNBC is a very smart tool to use. Virginia came in as the top state. With it's pro-business state house and proximity to Washington DC, where growth in government spending has created it's own jobs engine, Virginia is for business lovers. Texas is in second place, with southern states Georgia, North Carolina, and Colorado rounding out the top 5. Th...
18
Funds Available for Military Homebuyers in Illinois
A new financing package is being offered to help all qualified Illinois veterans, active military personnel, reservists and Illinois National Guard Members with the purchase of a home. The financing package, Welcome Home Heroes, through the Illinois Housing Development Authority provides qualified veterans or active reservists a $10,000 forgivable loan over two years for down payment and closing cost assistance, 30-year fixed rate mortgage that has an affordable interest rate and an optional mortgage credit certificate to reduce federal income tax liability. "This is a great program that all service personnel should take advantage of," said Jane Schneider, President of 1862 Mortgage, an IHDA approved lender offering the package. "Time is of the essence, as only $10 Million total is available." The Welcome Home Heroes financing package is designed to assist qualified Illinois veteran...
