Posts made by author 'Alaina Benoit'
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10
Congratulations Kurt Johnson! Ruhl's Top Associate of the Year - For 10 Straight Years!
2022 proved to be another excellent year for Bettendorf real estate agent, Kurt Johnson. It ended with him rounding out a decade as the company's Top Associate of the Year. With so many talented, hardworking agents at Ruhl&Ruhl Realtors, winning this top spot is no cakewalk, and it's what makes winning the award for ten consecutive years even more impressive.
Kurt joined Ruhl&Ruhl Realtors in September of 1998 after years in the family food industry. Originally from Clinton, he worked at two beloved local food businesses, Marcucci's, and later at Rastrelli's. Both establishments have close f...
3
Forecast for 2023: Housing Market Normalizing
Our quarterly Real Estate Facts & Trends Newsletter provides regional housing statistics and information for all of our markets. This valuable information helps our clients make informed decisions based on what's actually happening in the market. Below is an article from our most recent issue.
Market Shifting Due To Rising Mortgage Rates
10% fewer properties sold across our region during the third quarter of 2022 compared to the third quarter of 2021. Recall that we are comparing today's market to the best market ever in 2021 in terms of real estate sales. Because homes are still appreciating, sales volume was only down 1% during the third quarter, and year to date across our region sales volume is still up 6%. See the activity chart on page 2 for the significant variations from market to market.
3
Ruhl&Ruhl Realtors Celebrates 2022 - 2nd Best Year in Company History
Ruhl&Ruhl Realtors celebrated 2022 at their annual awards event on January 27th. Chris Beason, President, and Caroline Ruhl, CEO, honored 205 award winners for their 2022 achievements. Over 300 agents, staff, and affiliated business partners cheered on their co-workers during the celebration.
"The real estate market is in the spotlight right now. And even though the year-over-year market comparisons will appear negative, we have a lot of reasons to celebrate some long-lost normalcy returning to the market. With longer days on the market, fewer bidding wars, and more competition, clients will place a higher value on caring, competent, and skilled agents. We have the opportunity to show our local knowledge and expertise, and do what we do best - serve as the proactive, trusted, real estate advisors our clients need. We are positioned to thrive because we have a gre...
27
Importance of a Real Estate Review
A lot can happen in a year which is why sitting down with your real estate agent annually can be very beneficial whether you are thinking of selling your home or not. Swift housing market changes can happen and news sources and publications can provide too little or too much information, not always relevant to you and your needs. A real estate review is a customized solution for you, your home, and your neighborhood provided by your Realtor! Giving you accurate, real-time information that you can use to make intelligent future decisions.
Why Get a Real Estate Review
A real estate review can be a great way to determine and understand the value of your home. If you have been in your home for a few years it's helpful to see how the numbers have changed. The information provided to you can be the push you need to start some home improvement projects or invest equity into a rental pr...
27
Ruhl Mortgage Tip: Appraisals
One of the most frequently asked questions our loan officers at Ruhl Mortgage receive is "When is the appraisal?" Followed closely by, "What happens if the home appraises for more than the purchase price?" These are great questions and we often find the confusion is with learning that an appraisal is not actually a true valuation of the home, but more to validate the loan for the lender.
Most homebuyers are shocked to learn this and can be frustrated when the value of the appraisal may not be what was expected. This realization tends to lead to a very interesting discussion with the buyer about the appraisal, and the appraisal process. Your agent should explain that the appraiser gets a copy of the purchase contract. By law, the residential...
