The Ruhl Blog

Facts and Trends, Mortgage Rates, Uncategorized

Quad Cities Real Estate Sales Volume Highest Ever

The residential real estate sales volume in the Quad Cities reached its highest mid-year level ever through June of this year. Combined sales in the Iowa and Illinois Quad Cities were up 3.5% over last year. This increase was reflective of 4.1% fewer actual properties sold, but an 8% increase in average sales price from $169,800 to $183,400. ● Iowa Quad Cities: the highest number of sales in 15 years, since 2004. Compared to the 1st...

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Facts and Trends

Real Estate in 2021 – Plenty of Reasons for Optimism

“The strong housing market in 2020 was  a spectacular surprise, and the positive trend will continue in 2021.” - Lawrence Yun NAR Chief Economist After a sharp decline in housing sales due to COVID-19 from mid-March until roughly the end of May, housing sales rose to heights not seen since the record years of  2005-2006. Across our region in 2020 we experienced: •16% increase in sales volume over 2019 •10% more properties...

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Annual Review, Facts and Trends, Nelson Brothers, Ruhl Commercial, Ruhl Mortgage

Ruhl&Ruhl Celebrates 2018 – Best Year Ever!

Ruhl&Ruhl Realtors celebrated 2018 at their annual awards event on January 25. See our award winners at Residential Sales Volume – Ruhl’s sales volume in 2018 was $917,973,157, up 3.7% from 2017’s sales volume. Number of Properties Sold – Ruhl&Ruhl Realtors sold 5,429 properties in 2018, as either listing agent or selling agent. This was 2% more transactions than 2017. Revenue – Revenue in...

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Buying a Home, Facts and Trends

Spring Market Exploding – Affordable Inventory Needed!

Record-breaking cold and snowfall slowed housing sales in the region during the first quarter of 2019. Across all of our markets, 5% fewer homes sold than last year. But there was considerable variation from market to market, as shown on our regional activity chart, below. Warm April weather has opened the floodgates, releasing pent up buyer demand. Unfortunately, affordable inventory isn’t coming onto the market as quickly as the...

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