Look for prices to continue to increase in 2020, as demand continues to exceed supply in affordable homes, and more first time buyers enter the market. REAL Trends analysis shows there is no correlation between a presidential...
Read more“Homebuyers, encouraged by unexpectedly lower mortgage rates in 2019, have created a tailwind - helping to boost demand and inspire existing homeowners to sell their homes.” Mark Fleming Chief Economist at First American 4%...
Read moreIf you've been considering purchasing a home, your main concerns are probably mortgage rates and home prices. This might even be the reason you've suddenly delayed your plans. Some buyers discovered that the numbers simply...
Read moreThe 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...
Read moreThere are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying...
Read moreIn our markets, buyer demand outpaces the current number of homes for sale. Now, more than ever it is important to get pre-approved before beginning your home search. Get a better idea of what you can afford. A pre-approval...
Read more