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Timing can be everything when selling your home. Most people tend to wait until the spring to put their home on the market. The sun is shining, school is almost out and the flowers are blooming.
We wanted to let you know that the grass is not always greener come spring. Putting your house on the market now may be the best option for you.
As reported by the regional Multiple Listing Services, a decrease in new homes sales of 11% vs. the 3rd quarter last year has erased the modest gains of the first six months and leaves us with a YTD unit decrease of 4% in unit sales. There have been 4% fewer houses and 3% fewer condos sold through 9/30/15. At the same time, house inventory has dropped by 15% and condo inventory by 7%, contributing to a total of 12% fewer new home units available.
The price breakdown for new house and condo sales follows:
Houses: Condos:
Below $300K = 43% Below $200K = 58%
Karl Larsen, a Realtor in the Ruhl&Ruhl Iowa City office, has been awarded the Newcomer of the Year by the Iowa City Area Association of Realtors.
"Karl earned and deserves this award as there is no harder worker," said Travis Hiatt, Managing Broker of the Ruhl&Ruhl Realtors Iowa City office. "I'm very proud of what he's done with himself and his business."
Formally a paralegal in the US Army, Larsen joined Ruhl&Ruhl Realtors and the real estate business in 2013.
"I became a realtor for a variety of reasons," said Larsen. "Creating my own business with my own schedule and having the potential for future financial freedom were the main positives. I just knew it was the right thing to do."
Voted on or selected by his peers,...
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