119 S Mount Vernon Dr, Iowa City - 06/28/10 11:58 AM
119 S Mount Vernon Dr, Iowa City
Tons of space in this 6 bedroom home in a fabulous location. Versatile floor plan offers all kinds of possibilities for the growing family. 3 bedrooms on the main level and 3 bedrooms on the lower level. Full kitchens on both levels. Currently offering separate living options this home could easily be reverted back to a single family home. Highlight: Main level dining room opens up to deck with steps to the spectacular park like back yard. Also has a walkout basement that leads to patio and yard.
Did I mention all the space … (2 comments)

Weekly Market Update North Liberty June 28, 2010: Homes Sold, Under Contract & Active Listings - 06/28/10 10:39 AM
Weekly real estate market update North Liberty, Iowa June 28, 2010: Includes homes sold, homes under contract and current listings.
 

 
 
 
 
225 Active Listings 63 Homes Under Contract 22 Homes Sold June 21 - June 26, 2010An average of 138 days on market = 4.6 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to do better than Coralville or Iowa City when it comes to how long inventory stays on the market. The Jury's still out on whether or not this is a lasting trend. We'll know … (2 comments)

Weekly Market Update Coralville June 28, 2010: Homes Sold, Under Contract & Active Listings - 06/28/10 10:30 AM
 
Weekly real estate market update Coralville June 28, 2010: Includes homes sold, homes under contract and current listings.

 
272 Active Listings 42 Homes Under Contract 13 Homes Sold June 21 - June 26, 2010An average of 299 days on market = 9.9 Months Absorption Rate (Number of months it takes for the market to "absorb" homes) A few weeks ago we had 11 months of inventory. We're still moving in the right direction, albeit slowly. We still have a buyers market. If you're thinking of buying it's a great time to put those thoughts into action. More homes … (0 comments)

Weekly Market Update Iowa City: Homes Sold, Under Contract & Active Listings - 06/28/10 10:19 AM
Weekly real estate market update Iowa City June 28, 2010: Includes homes sold, homes under contract and current listings.
 

 

626 Active Listings100 Homes Under Contract34 Homes Sold June 21 - June 26, 2010An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to "absorb" homes). This number is staying pretty steady at the moment. Even with all the closings we've had in the last few months we still have a buyers market. It seems the homebuyer tax credit may have pulled home sales forward as activity is a … (0 comments)

3 Good Reasons To Get Pre-Approved Before Looking At Homes For Sale - 06/23/10 12:55 PM
Looking at homes is much more fun than going to a lender to get pre-approved. I don't suppose anyone will disagree with me there. Perhaps that's why so many buyers need to have a house in mind before they go see a lender. We all put off things we don't like doing and since going to a lender seems to be right up there with a visit to the dentist it makes sense getting pre-approved would be one of those things you'd put off. So why is that such a bad idea you ask? Well, here I am with 3 good … (0 comments)

Weekly Market Update North Liberty June 21, 2010: Homes Sold, Under Contract & Current Listings - 06/21/10 11:58 AM
Weekly real estate market update North Liberty, Iowa June 21, 2010: Homes sold, homes under contract and active listings.
 

 
 
230 Active Listings78 Homes Under Contract13 Homes Sold June 14 - June 19, 2010An average of 144 days on market = 4.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to do better than Coralville or Iowa City when it comes to how long inventory stays on the market. The Jury's still out on whether or not this is a lasting trend. We'll know more in the coming months … (0 comments)

Weekly Market Update Coralville June 21, 2010: Homes Sold, Under Contract & Current Listings - 06/21/10 11:51 AM
Weekly real estate market update for Coralville June 21, 2010: Homes sold, homes under contract and current listings.

 
 
268 Active Listings54 Homes Under Contract17 Homes Sold June 14 - June 19, 2010An average of 295 days on market = 9.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes) A few weeks ago we had 11 months of inventory. We're still moving in the right direction, albeit slowly. We still have a buyers market so if you're thinking of buying a home it's a great time to put those thoughts into action.More homes … (0 comments)

Weekly Market Update Iowa City June 21, 2010: Homes Sold, Under Contract & Current Listings - 06/21/10 11:38 AM
 
Weekly real estate market update Iowa City June 21, 2010: Homes sold, homes under contract and active listings

 
 
623 Active Listings126 Homes Under Contract40 Homes Sold June 14 - June 19, 2010An average of 245 days on market = 8.1 Months Absorption Rate (Number of months it takes the market to "absorb" homes). This number is staying pretty steady at the moment. In other words we still have a buyers market. It seems the homebuyer tax credit may have pulled home sales forward as right now activity is a little low for the time of the year. … (0 comments)

814 20th Ave, Coralville - SOLD - 06/18/10 03:22 PM
This cute ranch home is situated in the heart of Coralville within walking distance of schools, shopping, Morrison Park, the Aquatic Center and Coralville Library. It's also on the busline with an easy commute to the UI Hospitals and UIOWA.
 

You missed out on this one, but there are other homes in Coralville just waiting for their new owner... If you would like a complete list of homes for sale in Coralville just send me an email letting me know what you're looking for and I'll send you a complete list of homes meeting your criteria.
Or click … (1 comments)

A BIG Weekend - THE New Movie of The Year + The World Cup Heats Up... - 06/18/10 10:24 AM
If you thought last weekend was a great weekend for movies then you're in for a real treat this week! The most anticipated new release of the year is coming out today and according to those who are "in the know" it lives up to the hype and some! Toy Story 3 is what I'm talking about of course. In 3D no less... Really cute story line too. If you're like me you're probably wondering where they could go with Woody and Buzz. Well, let me just tell you the makers had the genius idea of telling the story of what … (8 comments)

North Liberty Real Estate Market Report May 2010 - 06/17/10 04:48 PM
Real estate market report for North Liberty, Iowa - May 2010 compared to May 2009 - Number of homes sold, average price and days on market.

 
71 homes sold in North Liberty in May 2010 compared to 53 homes sold in May 2009. That's a 33% increase.
According to our MLS homes in North Liberty spent an average of 88 days on market in May 2010. This number is skewed as it doesn't take into account the fact that some of the homes were re-listed and not new listings along with other variables. For my weekly updates I … (0 comments)

Coralville Real Estate Market Report May 2010 - 06/17/10 04:36 PM
Real estate market report for Coralville, Iowa, May 2010 compared to May 2009. Number of homes sold, average price and days on market.

 
39 homes sold in Coralville in May 2010 compared to 28 homes sold in May 2009. That's a 39% increase.
According to our MLS homes spent an average of 90 days on market in May 2010. This number is skewed as it doesn't take into account the fact that some of the homes were re-listed and not new listings along with other variables. In my weekly updates I use a simple method to calculate the … (0 comments)

Iowa City Real Estate Market Report May 2010 - 06/17/10 04:26 PM
Real estate market report for Iowa City comparing May 2010 to May 2009. Number of homes sold, average price and days on market.
 

 
 
96 homes sold in Iowa City in May 2010 compared to 78 homes sold in May 2009 - That's a 23% increase over last year.
 
According to our MLS homes spent an average of 83 days on market in May 2010. This number is skewed as it doesn't take into account the fact that some of the homes were re-listed and not new listings along with other variables. For my weekly updates … (0 comments)

Weekly Real Estate Market Update North Liberty June 14, 2010 - 06/14/10 12:28 PM
Weekly market update North Liberty, Iowa June 14. Includes homes sold, homes under contract and active listings.

 
229 Active Listings 86 Homes Under Contract 15 Homes Sold June 7 - June 12 An average of 144 days on market = 4.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to have the strongest numbers in the area dropping again slightly this week and trending more and more towards a sellers market.How the absorption rate is calculatedLast week's market update for North LibertyNorth Liberty real estate market report April 2010North Liberty … (0 comments)

Weekly Real Estate Market Update Coralville June 14, 2010 - 06/14/10 11:57 AM
Weekly market update Coralville, Iowa June 14. Includes homes sold, homes under contract and active listings.

 
 
265 Active Listings 68 Homes Under Contract 9 Homes Sold June 7 - June 12 An average of 296 days on market = 9.8 Months Absorption Rate (Number of months it takes for the market to "absorb" homes) A few weeks ago we had 11 months of inventory. We're moving in the right direction, albeit slowly.How the absorption rate is calculatedLast week's real estate market update for CoralvilleCoralville real estate market report April 2010Coralville real estate market report 1st Quarter: January - … (0 comments)

Weekly Real Estate Market Update Iowa City June 14, 2010 - 06/14/10 11:43 AM
Weekly real estate market update Iowa City June 14, 2010. Includes homes sold, homes under contract and active listings.
 

 
 
 
617 Active Listings155 Homes Under Contract17 Homes Sold June 7 - June 12, 2010An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to "absorb" homes). No change in the absorption rate this week compared to last week. We will probably see a difference in the coming weeks as we head towards the end of the month and the deadline for closing on home to qualify for the … (0 comments)

World Cup - Weltmeisterschaft - This is What it Means to Us - 06/13/10 03:15 PM
The World Cup is into it's 3rd day. Germany is playing thrashing Australia as I write this. If you caught my post on Friday you will know that we have been counting the days in our house for months for this mega sports event to arrive. It's finally here. We all know that well used phrase a picture paints a thousand words, I'm thinking this just about sums up what the Weltmeisterschaft means to my son...
 

 
 
(7 comments)

Excitement Galore on Big and Small Screens This Weekend - 06/11/10 09:49 AM
What a weekend... The A-Team and Karate Kid are the new movies out today. Nice little trip down memory lane for me. My sons grew up in the 80's. They were huge fans of The A-Team TV show and watched the Karate Kid video so many times I think they could recite the script! Now we have remakes of both... I'm sure there will be A LOT of young men in their late twenties rushing to the cinema this weekend as they remember the "good ol' times" growing up. Do I need to do a synopsis for either of these movies? … (10 comments)

Weekly Market Update Iowa City June 7, 2010: Homes sold, homes under contract and active listings - 06/07/10 09:39 AM
Iowa City real estate market update June 7, 2010: Homes sold, homes under contract and active listings.

 
622 Active Listings 163 Homes Under Contract 42 Homes Sold May 31 - June 5, 2010 An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to "absorb" homes). This number continues to improve slowly week by week as the number of homes sold rises during the peak selling time of the year.How the absorption rate is calculatedLast week's real estate market update for Iowa CityIowa City Real Estate Market Report April 2010Iowa … (1 comments)

Weekly Market Update Coralville June 7, 2010: Homes sold, homes under contract and active listings - 06/07/10 09:38 AM
Weekly real estate market update Coralville June 7, 2010: Homes sold, homes under contract and active listings.

 
266 Active Listings 74 Homes Under Contract 266 Homes Sold May 31 - June 7 An average of 299 days on market = 9.9 Months Absorption Rate (Number of months it takes for the market to "absorb" homes) A few weeks ago we had 11 months of inventory. We're moving in the right direction, albeit slowly.How the absorption rate is calculatedLast week's real estate market update for CoralvilleCoralville real estate market report April 2010Coralville real estate market report 1st Quarter: January - … (0 comments)

Weekly Market Update North Liberty June 7, 2010: Homes sold, homes under contract and active listings - 06/07/10 09:37 AM
Weekly real estate market update North Liberty, Iowa June 7, 2010: Homes sold, homes under contract and active listings.

 
 
237 Active Listings 95 Under Contract 27 Homes Sold May 31 - June 7 An average of 149 days on market = 4.9 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to have the strongest numbers in the area dropping below 5 months of inventory this week and trending towards a sellers market.How the absorption rate is calculated North Liberty real estate market report April 2010North Liberty real estate market … (0 comments)

Iowa Arts Festival - As Seen Through The Eyes of a Tall Person Who Likes Cool Dogs - 06/05/10 06:16 PM
The Iowa Arts Festival is going on this weekend in Iowa City - These are some impressions through the eyes of my 6' 8" son. And no, before you ask, he does not play basketball! He gets asked that question A LOT... I can't think why... Don't we all know white men can't jump??Anyway, getting back on topic. the Iowa Arts Festival, one of the highlights of our year, continues through tomorrow in downtown Iowa City. Sunday is Children's Day, offering lots of opportunities for kids to have fun with the arts. Head on down there. Between the culinary delights of … (9 comments)

Text Message Marketing for Real Estate Listings - A New Way to Get Information to Buyers - 06/04/10 03:45 PM
I love the idea of buyers getting information as they drive by properties. I think flyers are great. I just think that for one reason or another they're not always the easiest thing to keep on top of, so I've been looking for a more efficient way of getting that information to buyers. This week I found it and I'm so convinced that it's a great idea that I felt the need to share it here on AR right away! Text Message Marketing is what I'm talking about. Basically you upload your property information to a website, get an ID number … (8 comments)

Double Jeopardy! Now Lenders Need A Second Credit Report Right Before Funding - 06/02/10 08:25 PM
This is SO important that I thought this post from Janet Guibault worthy to reblog for my readers. I have always made my buyer clients aware that going on a spending spree prior to closing is not a good idea. There was always the chance that credit may be checked a second time prior to closing. That "chance" has now become a certainty. It's become more important than ever to buy that new furniture AFTER closing. Pay special attention to Janet's ten point list, there are some really great pointers there.
Via Janet Guilbault California Mortgage Banker/Broker:
Please, whatever you do, don't go … (2 comments)