Cy 's Blog

New Report Indicates One in Four Homeowners are Upside-Down on their Mortgage

Cy Phillips (Remax Opportunities, Inc.) — Tue, 24 Nov 2009 14:16:12 -0600

It's a grim reality for many who want to sell their homes or need a home equity loan. Their homes are worth less than what they owe. No seller wants to show up at closing with a check, but it's unfortunately rather common for sellers.

According to a report released this week by research firm First American CoreLogic, more than 23 percent of people with mortgages owe more on their properties than they are worth. Millions more U.S. homeowners are within 5 percent of being underwater, the report says. "Borrowers owing more than 120 percent of their home's value are the most likely to default," First American CoreLogic calculates.

The majority of underwater mortgages are in Nevada, Arizona, Florida, Michigan and California, but Iowa has plenty as well.

Source: www.realtor.org

Des Moines, Iowa Named the 2009 #1 Most-Livable Bargain Market by MSN Real Estate

Cy Phillips (Remax Opportunities, Inc.) — Wed, 18 Nov 2009 09:35:00 -0600

MSN recently recognized our great city of Des Moines for something those of us who live here already know--Des Moines rocks! Des Moines offers a low cost of living, solid economy, clean air, low stress, low crime, lots of outdoor recreation, cultural & fine arts attractions like the Art Center. Check it out http://realestate.msn.com/slideshow.aspx?cp-documentid=22334217&GT1=35000#2.

Your Search for Foreclosure Properties Just Got Easier

Cy Phillips (Remax Opportunities, Inc.) — Tue, 17 Nov 2009 13:00:26 -0600

The Cy Phillips Greater Des Moines Homes Team now offers current pre-foreclosure, auction and foreclosure listings via email to clients. If you’re interested in receiving monthly reports of foreclosure homes in your area, contact Cy and he’ll start sending you a monthly list of homes directly to your email box. Call Cy at 515-422-4731 or cyphillips@remax.net.

Spacious, 1 1/2 Story, 4BR Charmer Priced to SELL at $127,500! Hardwood, Built-ins, Updates!

Cy Phillips (Remax Opportunities, Inc.) — Sat, 14 Nov 2009 21:57:34 -0600

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1400 63rd St., Windsor Heights, IA

Amazing home for the $$! More than 2200 sq ft., hardwood floors, updated kitchen, and tons of charm! Call Cy for a private showing. 515-422-4731.

4BR/2BA Single Family House

offered at $127,500

Year Built	1952
Sq Footage	2,288
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	2
Parking	1 Car garage
Lot Size	8,406 sqft
HOA/Maint	$0 per month

DESCRIPTION

For the money this one is going to be really hard to beat! You will be surprised by size and character of this house. Four large bedrooms, ample closet/storage space, 2 full bathrooms and a partial in the lower level, a finished basement, new plumbing, new landscaping and grading, an attached garage and a deep driveway, cedar closets, a fenced back yard, newly refinished hardwood floors, an updated kitchen with new countertops and a walk-in pantry,great character, and the list goes on and on... Super convenient location to everything in the metro! Call Cy Phillips today for a private tour or more information about the extended home buyers tax credit (up to $8,000 for first-time buyers and $6,500 for all other buyers!). 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Walk-in closet
- Hardwood floor	- Tile floor	- Family room
- Living room	- Bonus/Rec room	- Dining room
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Basement	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6
Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6
Photo 7	Photo 8

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Nov 14, 2009, 6:46pm PST

Extended Home Buyer Tax Credit Is Officially Here!

Cy Phillips (Remax Opportunities, Inc.) — Mon, 09 Nov 2009 12:20:24 -0600

With the stroke of a pen last week, President Obama extended the popular and vital home buyer tax credit program into 2010. The program, which previously allowed only first-time buyers a tax credit of up to $8,000, will be extended through July 2010 and also gives all buyers (of homes purchased up to $800,000) a $6,500 credit. This could not be better news for buyers, sellers, realtors, property owners and the American economy as a whole.

The winter and holiday season are often sluggish time in the real estate market, but not this year. If you are thinking of buying or selling a home in the next year, act now. To qualify for the credit, the property must be under contract by April 30, 2010, and closed by July 1, 2010. For more information or questions about the Extended Home Buyer Tax Credit, call Cy Phillips, Remax Opportunities, Inc., 515-422-4731 or email Phillips.cy@gmail.com. Also visit, www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit.

Senate Approves First-Time Home Buyer Tax Credit, Now on to the House & the President

Cy Phillips (Remax Opportunities, Inc.) — Thu, 05 Nov 2009 13:33:29 -0600

The U.S. Senate passed an extention on the first-time home buyer's tax credit! It's expected to be approved by the house tomorrow and then off to Pres. Obama to sign. The bill extends the credit through April 2010 and adds a $6,500 tax credit for repeat buyers if they've lived in their home for five of the past eight years. Home prices are capped at $800,000. It's going to be a hot time to buy & sell!

First-Time Home Buyer Tax Credit May Be Extended into 2010

Cy Phillips (Remax Opportunities, Inc.) — Tue, 03 Nov 2009 12:41:03 -0600

Congress is telling us there's a chance....that the first-time home buyer tax credit will be extended to April 2010. The credit, which gives first-time home buyers up to an $8,000 credit on the purchase of a home, expires at the end of the month. The program has been instrumental in the slow, but positive turn in the housing market in Iowa and across the nation.

According to a report this week from the National Association of Realtors (NAR), key Senators have agreed to not only extending the existing credit, but also offering a new $6,500 credit for existing homeowners who have lived in their current residence for a consecutive five-year period in the past eight years. Under the terms of the new extension, home buyers must be under contract by April 30, 2010, and close before July 1.

It's not a done deal yet, though. The extension reportedly has support from President Obama, but according to the NAR report, "House Democrats have expressed concern about the cost of the tax credit for government, and allegations of abuse have resulted in an IRS probe of the program."

New Listing! Beautiful, Spacious Urbandale Ranch Home Backs to Greenbelt Trail!

Cy Phillips (Remax Opportunities, Inc.) — Wed, 28 Oct 2009 00:52:19 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

8219 Twana Dr., Urbandale, IA

Don't miss this one! This large ranch with finished basement backs to Greenbelt Trail. Call Cy Phillips today for a private showing. 515-422-4731.

3BR/1.5BA Single Family House

offered at $150,000

Year Built	1979
Sq Footage	1,800
Bedrooms	3
Bathrooms	1 full, 1 partial
Floors	1
Parking	2 Covered spaces
Lot Size	4,997 sqft
HOA/Maint	$0 per month

DESCRIPTION

Large ranch with finished basement that backs to the Greenbelt Trail! Like being outdoors? You enjoy your private patios between the house and the large detached two-car garage for grilling/eating/or just hanging out or you can step out to the backyard to access the walking path and green space. This yard is perfect! It takes just minutes to mow and is already fenced with a privacy fence in the front and a chain link in the back so you don't obstruct any of beautiful view! Pride of ownership really shows on the inside of this home too. The bathrooms have been completely remodeled, all of the flooring is new, and you'll love the setup of the lower level! Some other features include: Tiled backsplash, open kitchen/dining/living room plan, corner wood burning fireplace, two large remodeled bathrooms, tons of built in storage, and extensive landscaping to mention a few! Call Cy for a tour of this home in one of Urbandales most desired areas!515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Hardwood floor	- Family room
- Living room	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Basement	- Washer	- Dryer
- Laundry area - inside	- Balcony, Deck, or Patio

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6
Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 27, 2009, 9:37pm PDT

Existing Home Sales Rebound in September

Cy Phillips (Remax Opportunities, Inc.) — Mon, 26 Oct 2009 11:15:10 -0500

According to a report out today from the National Association of Realtors (NAR), existing home sales (single family homes, townhomes, condos and coops) jumped more than 9 percent higher than September 2008 and was the highest activity level in more than two years.

As you might except, we have first time home buyers to thank. With the tax credit, low interest rates and undervalued homes, first-time home buyers accounted for more than 45 percent of home sales nationally during the past year. And, distressed homes accounted for nearly 30 percent of transactions in September.

Realtors, home buyers and sellers alike are hoping that the government extends the first-time buyer tax credit, which has been the key in the slow housing market recovery we are beginning to see.

Another positive stat reported today from the NAR is that the total housing inventory fell 7.5 percent at the end of September to 3.63 million existing homes for sale, which represents a 7.8-month supply at the current sales pace, down from a 9.3-month supply in August. And, unsold inventory totals are down 15 percent from a year ago. Lower inventory means home prices will begin to return to normal, modest appreciation patterns next year.

Here's the region-by-region picture from the NAR:

Northeast: Existing-home sales increased 4.4 percent to an annual level of 950,000 in September, and are 11.8 percent higher than September 2008. The median price was $234,700, down 7.0 percent from a year ago.
Midwest: Existing-home sales jumped 9.6 percent in September to a pace of 1.25 million and are 7.8 percent above a year ago. The median price was $147,600, which is 1.0 percent below September 2008.
South: Existing-home sales rose 9.0 percent to an annual level of 2.06 million in September and are 10.8 percent higher than September 2008. The median price was $153,500, down 7.6 percent from a year ago.
West: Existing-home sales surged 13.0 percent to an annual rate of 1.30 million in September and are 5.7 percent above a year ago. The median price in the West was $219,000, which is 15.0 percent below September 2008.

Determine Your Home Buying Power

Cy Phillips (Remax Opportunities, Inc.) — Thu, 15 Oct 2009 10:23:21 -0500

There are a million mortgage calculators available on the web, but this one from Realtor.com is especially useful. It doesn't just calculate your payments based on home price and interest rate. This calculator has several other variable options to help you determine what you can afford and gives you a sneak peak at what size of loan you are likely to qualify for. Check it out: http://www.realtor.com/home-finance/financial-calculators/home-affordability-calculator.aspx

Banks Backing Away From Short Sales

Cy Phillips (Remax Opportunities, Inc.) — Mon, 12 Oct 2009 14:59:50 -0500

With the improving economy, banks nationwide are becoming more reluctant to engage in short sales, according to a report from BusinessWeek last Friday. A year ago, many banks looked at short sales as the best way to get the most money back on bad mortgage loans. But according to the report, many banks have already written off the losses and are reluctant to negotiate a short sale, forcing homeowners to pay more at closing or requiring a promissory note on the remainder of the loan.

Short sales became widely popular with the real estate crisis of the past couple years. A short sale can happen when the home owner's mortgage meets or exceeds the current value of the property. In a short sale, the lender agrees to take a discount on the mortgage. The home owner sells the mortgaged property for less than the outstanding balance on the loan and turns over the proceeds of the sale to the lender. The lender has the right to approve or disapprove the sale. Short sales are generally used as a way to prevent a home foreclosure, but the decision to proceed with a short sale is determined by the bank which is looking for the best way to recover the amount owed on the property.

According to First American CoreLogic, one-third of borrowers owe more on their mortgages than their properties are worth.

Relisted and Reduced BIG TIME! Most space for the $ on Des Moines Southeast Side. Huge Walkout Ranch!

Cy Phillips (Remax Opportunities, Inc.) — Sat, 03 Oct 2009 13:15:22 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

5721 SE 30th Ct., Des Moines, IA

Relisted and Reduced BIG TIME! Huge walkout ranch offers the most space for the $ on Des Moines' SE side. Call Cy for a private showing. 515-422-4731

4BR/3BA Single Family House

offered at $189,000

Year Built	2001
Sq Footage	2,366
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	.213 acres
HOA/Maint	$0 per month

DESCRIPTION

If you are looking for a deal, here it is! This is hands down the most home for the money on Des Moines' southeast side! There is not another ranch with this much sq footage, a finished basement, and a walkout lot on the market today! Features of the property: 4 bedrooms, 3 bathrooms, over 2300 sq ft finished, private/quiet cul-de-sac, large two car garage, large rec room, great layout, open kitchen with pantry, large deck with great view of Easter Lake, and many more. Call Cy Phillips today for a private tour. 515-422-4731

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Family room	- Living room	- Bonus/Rec room
- Office/Den	- Dining room	- Breakfast nook
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Attic	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Exterior Front	Exterior Back
Vaulted Main level	Living Room
Open Kitchen	Dining Area
Fireplace	Master
Master Bath	Finished Lower Level
LL Bath	Large Rec Room
Walkout LL

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 3, 2009, 10:06am PDT

Gorgeous Indianola Acreage, Sweeping Countryside Views, Private Stocked Pond, 4,000+ sq ft Ranch Home!

Cy Phillips (Remax Opportunities, Inc.) — Thu, 01 Oct 2009 20:52:58 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

16827 Little Lake Trl., Indianola, IA

Come see this home and you'll never want to leave. 4,000 sq ft ranch on 3 acres overlooking a beautiful countryside and a private stocked pond. Call C

5BR/3.5BA Single Family House

offered at $390,000

Year Built	2003
Sq Footage	4,129
Bedrooms	5
Bathrooms	3 full, 1 partial
Floors	1
Parking	4 Car garage
Lot Size	3.27 acres
HOA/Maint	$0 per month

DESCRIPTION

Sit back and enjoy the good life in your home on top of the hill! Overlooking the beautiful Iowa countryside and your private pond (stocked) this large ranch home sitting on over 3 acres is one of the smartest homes on the market today! With 4 large bedrooms on the main level, hardwood floors, a completely finished walkout lower level, a 4-car garage, open kitchen with tons of cabinets/lighting, and a massive rec room, this home has your family's name all over it! Some additional features of the home include: HUGE 6' by 5' kitchen island, massive lower level guest suite, tray ceiling (and reverse tray in the master) with lighting, sound proof large workshop in the basement, travertine tile entrance, two large patios, built in grill, completely tiled master bathroom, and even a skylight in kitchen. Like to entertain? No worries, this house has a bar better than a lot of actual bars do! Call Cy Phillips today for a private tour of this once in a lifetime home. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Family room	- Living room	- Bonus/Rec room
- Dining room	- Dishwasher	- Refrigerator
- Microwave	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6
Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 1, 2009, 10:38am PDT

Beautiful, Custom 1 1/2 Story Home with Finished Walkout in Fantastic Clive Neighborhood

Cy Phillips (Remax Opportunities, Inc.) — Mon, 21 Sep 2009 11:13:28 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1565 NW 122nd St., Clive, IA

Custom Built Home Show Home with finished walk-out lower level. Call Cy today for a private showing 515-422-4731.

5BR/3.5BA Single Family House

offered at $319,000

Year Built	1994
Sq Footage	3,266
Bedrooms	5
Bathrooms	3 full, 1 partial
Floors	2
Parking	Unspecified
Lot Size	10,000 sqft
HOA/Maint	$0 per month

DESCRIPTION

Call the movers, this custom-built home show home is in perfect condition! This 1.5 story home with a walk-out finished basement is located in an upscale established Clive neighborhood with mature trees and landscaping. With over 3250 sq ft finished, two kitchen areas, five bedrooms, and vaulted ceilings all over, this house won't last long! The floor plan is very open and functional with great space to entertain. The main level features a formal dining room, office area, laundry room, and a large master bedroom with access to the oversized deck. The lower lever features a large rec room area, an additional kitchen, two bedrooms and fantastic storage. Call Cy Phillips at 515/422-4731 for a private tour. Visit www.greaterdsmhomes.com/1565NW122nd for more information.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Office/Den	- Dining room
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

COMMUNITY FEATURES

- Garage parking

OTHER SPECIAL FEATURES

- 1.5 story, 5 bedroom with vaulted ceilings, den, extra kitchen, rec room and more!

ADDITIONAL PHOTOS

Exterior Front	Exterior Back
Kitchen	Kitchen II
Eat-in Kitchen Area	Open Floor Plan
Cat Walk	Great Room
Formal Dining	Deck
Deck II	Huge Finished Lower Level
Close to Park

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 19, 2009, 10:56am PDT

Terrific 4 Bedroom SE Des Moines Home for $155k PLUS Tons of extras, flat panel TVs, appliances & closing costs paid!

Cy Phillips (Remax Opportunities, Inc.) — Sat, 19 Sep 2009 14:18:41 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

2326 E. Glenwood Dr., Des Moines, IA

Great house plus: 4 flat-panel tvs, all applicances and seller will pay buyer closing costs! Call Cy for a private showing. 515-422-4731.

4BR/2.5BA Single Family House

offered at $155,500

Year Built	1999
Sq Footage	2,117
Bedrooms	4
Bathrooms	2 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	7,062 sqft
HOA/Maint	$0 per month

DESCRIPTION

Perks...lots of them! This house offers way more than what meets the eye. Seller is leaving all four of the mounted panel TVs, all of the appliances are included in the sale (even washer and dryer), and the seller will pay closing costs! With over 2100 sq ft. of finished living space in this very well laid out, completely finished four-level split home, you can relax comfortably in any of the four large bedrooms or pick any of the three open living rooms (formal, family room with a fireplace or the rec room). Some of the features of this home include: large eat-in kitchen, oversized deck, privacy fenced back yard, storage shed, large 2-car garage, and lots of storage! Call Cy Phillips today for a private showing. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Family room	- Living room
- Bonus/Rec room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Exterior Front	Exterior Back
Kitchen	Dining
Family Room	Deck

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 19, 2009, 11:01am PDT

Iowa Improves its National Foreclosure Ranking with Help of Hotline

Cy Phillips (Remax Opportunities, Inc.) — Wed, 16 Sep 2009 13:43:18 -0500

The most recent data released by the Mortgage Bankers Association shows that Iowa improved its national ranking in foreclosures to sixth in the second quarter of the year from 26th in the first quarter of 2007. If you are facing foreclosure, contact Iowa's state foreclosure help hotline at (877) 622-4866 or visit www.iowamortgagehelp.com.

Serious Home Buyers Don't Search the Newspaper and They Don't Go To Open Houses

Cy Phillips (Remax Opportunities, Inc.) — Mon, 14 Sep 2009 17:02:32 -0500

The only people who scan the Sunday paper for real estate ads these days are the sellers whose homes are featured and the agents who paid for the advertising. Advertising in the newspaper may have been an effective real estate tool 15 years ago, but it is a total waste of money and ink today. Aside from the fact that newspaper readership has nose-dived annually since the ‘90s; serious home buyers simply do not look to the newspaper to find their new homes. Fact: The newspaper is a lousy way to find a house. For example, in the Des Moines metro area, there are currently more than 9,000 residential homes and lots for sale on the multiple listing service (MLS), yet in the September 13, 20009, Des Moines Register, only 628 properties were advertised-less than 7 percent. Picking up the paper may be worth the $1.50 for news and pizza coupons, but it gives a very small glimpse of properties on the market.

According to the 2008 National Association of Realtors, nearly 90 percent of home buyers use the Internet to search for homes. With mega real estate websites like realtor.com, zillow.com, craigslist and the websites of local real estate brokers like Remax and Iowa Realty, buyers can browse the complete inventory of properties on the market, read the property details and view scores of full color photos. With 24-hour, free access to this wealth of information, the internet has all but made newspaper advertising of real estate obsolete. Today's successful realtors spend their marketing dollars insuring that their listings have high-quality photos online, complete information and earn top billing with search engines.

The other dying bastion of real estate marketing is the open house. Here's the truth. Agents host open houses to help themselves, not their sellers. With the exception of new construction, serious buyers do not attend open houses. Serious buyers make appointments to see homes they are interested in through their realtor or the listing agent. Casual buyers, neighbors, and lookie-lous attend open houses. Agents who regularly host open houses don't expect to sell the listing with the open house. They are hoping to meet new prospective buyers. Less than 1 percent of homes are sold through open houses.

Alas, one thing hasn't changed about home buying and selling over the years-the value of a qualified and knowledgeable realtor. Utilizing the professional services of a realtor whether buying or selling saves people time, money and headaches. More than 90 percent of homes continue to be bought and sold through the assistance of professional realtors. So, if you are looking to buy or sell, all you need is access to the internet and a great realtor!

Great New Listing! Adorable Ranch with Tons of Update, Close to Lincoln H.S., Gray's Lake, Downtown!

Cy Phillips (Remax Opportunities, Inc.) — Fri, 04 Sep 2009 22:51:03 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1236 Edgemont St., Des Moines, IA

Updated ranch on a friendly, quiet street and walking distance to Gray's Lake, Lincoln H.S. Call Cy Phillips for a private showing. 515-422-4731.

3BR/1.5BA Single Family House

offered at $167,000

Year Built	1978
Sq Footage	2,126
Bedrooms	3
Bathrooms	1 full, 1 partial
Floors	1
Parking	2 Car garage
Lot Size	6,751 sqft
HOA/Maint	$0 per month

DESCRIPTION

Hands down, this is the best home that you can buy within 5 minutes of downtown & freeway access and it has your name all over it! Take advantage of the tax credit or simply upgrade because you want something unique... Features include: 2100+ finished, fully finished basement, new roof, new flooring, countless upgrades, beautiful landscaping that feels like a PARK & takes only 6 minutes to mow, new driveway, master bedroom with loft feel and a private deck, and a floor plan that is perfect for entertaining whether you are inside or out! Located in a fantastic quiet neighborhood within walking distance of multiple trails, Gray's Lake, and Lincoln High School. Once you see this home, you won't want to leave. Come see what makes this area (Rosebud) of southwest Des Moines so special. Call Cy Phillips today for a private showing. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- High/Vaulted ceiling
- Family room	- Living room	- Office/Den
- Dining room	- Breakfast nook	- Dishwasher
- Refrigerator	- Stove/Oven	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Exterior Front	Exterior Back
Living Room	Living Room II
Kitchen	Eat-Kitchen
Bath	Covered Deck
Formal Dining Room	Family Room
Finished Lower Level	Landscaped Backyard
Master Bedroom

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 4, 2009, 7:42pm PDT

Best Deal in the Metro on a 1.5 Updated Brick with a new Heat Pump Furnace!

Cy Phillips (Remax Opportunities, Inc.) — Thu, 03 Sep 2009 13:54:19 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

3916 Douglas Ave., Des Moines, IA

You won't find another brick home for this price! Call Cy today to see if you qualify for the home buyers tax credit. 515-422-4731

3BR/1BA Single Family House

offered at $110,000

Year Built	1952
Sq Footage	1,177
Bedrooms	3
Bathrooms	1 full, 0 partial
Floors	Unspecified
Parking	1 Car garage
Lot Size	8,276 sqft
HOA/Maint	$0 per month

DESCRIPTION

You don’t find many charming all brick homes for this price! BEAUTIFUL hardwood floors, tons of updates, and an awesome layout make this the best home for the price in the metro! The home offers two large bedrooms on the main level and full bathroom. Upstairs is a very open finished attic loft that can be used as a third bedroom, office, playroom or whatever your space needs are. And wait until you see the updated kitchen! All of the appliances stay too! The lot is great with a private fenced backyard and a large (brand new) multi-level deck. The best feature of this house might be the BRAND NEW Hybrid Heat Pump/Gas Furnace High Efficiency Heating and Cooling System! Who doesn’t need/want low utilities? Other features include a new high efficiancy water heater, newer roof, and wide open dry basement! Call Cy Phillips today to see if you qualify for the first-time home buyer’s tax credit (it expires 11/30/09) or for a private showing of this home. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Hardwood floor
- Living room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Attic
- Basement	- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Exterior Front	French Doors to Sun Room
Updated Kitchen	Updated Kitchen II
Living Room	New Deck

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 3, 2009, 10:26am PDT

Charming 1.5 story offers original woodwork, fireplace, built-ins & many updates!

Cy Phillips (Remax Opportunities, Inc.) — Thu, 03 Sep 2009 13:52:29 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1425 45th St., Des Moines, IA

Get this great house with tons of character & updates before the first-time home buyer tax credit expires 11/30/09! Call Cy Phillips, 515-422-4731

3BR/1BA Single Family House

offered at $116,000

Year Built	1923
Sq Footage	1,437
Bedrooms	3
Bathrooms	1 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	7,013 sqft
HOA/Maint	$0 per month

DESCRIPTION

Looking for character? This one has it! The main level woodwork is awesome! In the livingroom, the brick fireplace is flanked by original solid wood built-ins with glass doors. The carpet is new along with the brand new deck! This house has a very large and ready-to- finish basement. The home also features a four seasons porch with tons of windows and glass doors (hello natural light!). All appliances stay with this house and the large two stall garage is unique with older homes! This home would be an awesome first house. The first-time home buyer credit expires Nov. 30, 2009! Call Cy Phillips today for more information or a private showing of this home. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Basement	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Exterior Front	Dining Room
Fireplace	French Doors to Sun Room
Kitchen	Sunroom

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 3, 2009, 10:32am PDT

Charming Old Home with Modern Conveniences at a First-Time Home Buyer Price!

Cy Phillips (Remax Opportunities, Inc.) — Thu, 03 Sep 2009 13:48:28 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1426 45th St., Des Moines, IA

This home has the character of an older home with the modern convenience of a first floor master, bath and laundry! Call Cy Phillips, 515-422-4731.

3BR/1BA Single Family House

offered at $125,000

Year Built	1920
Sq Footage	1,300
Bedrooms	3
Bathrooms	1 full, 0 partial
Floors	Unspecified
Parking	1 Car garage
Lot Size	8,407 sqft
HOA/Maint	$0 per month

DESCRIPTION

This home has all of the character and craftsmanship that makes older homes so special with a modern layout that includes a huge master bedroom and attached full bathroom and laundry on the main level! Get inside this house and your going to be impressed. The home is loaded with original woodwork and solid panel doors. The kitchen has a pass-through into the formal dining room for all of your entertaining! The appliances stay and there are ample cabinets in the kitchen! Upstairs there are two large bedrooms with generous closet space and tons of windows. The yard is fenced and there is a great detached garage. Enjoy the neighborhood from the cozy screened front porch. The location of this home is also extremely convenient as it offers quick access to everything in the metro. Call Cy Phillips today for a private showing. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Basement	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Exterior Front	Original Woodwork
Open Floor Plan	Living Room
Kitchen	Full Bath

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 3, 2009, 10:40am PDT

Three Bedroom, 2 Bath, Affordable, Easy Living in Waukee for $100,000!

Cy Phillips (Remax Opportunities, Inc.) — Tue, 01 Sep 2009 20:19:43 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1360 Florence, Waukee, IA

Home Ownership in Waukee is Affordable and Easy with this Spacious, Modern Condo that walking distance from schools, parks and more. Call Cy today for

3BR/2BA Condo

offered at $100,000

Year Built	2003
Sq Footage	1,310
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	1 Car garage
Lot Size	Unspecified
HOA/Maint	$0 per month

DESCRIPTION

Over 1300 sq ft in one of the most desired locations in the entire metro for only $100,000! This is Waukee/condo living at its best! With three large bedrooms, an open kitchen, two full bathrooms, and a bright and spacious living room with corner fireplace/built-ins. You will really love the way this home feels! The location is second to none. Walk to the Waukee high school, middle school, an elementary school, football games at Waukee Stadium, the new YMCA, a Frisbee golf course, Centennial Park, bike paths, restaurants and more. Some of the features include: 9 ft ceilings, all upgraded appliances that stay, upgraded carpet, private/secure 2nd level, private balcony, garage, low association dues, and the list goes on. Enjoy the pleasures of home ownership without the work of mowing, shoveling snow and other maintenance! Call Cy Phillips today for a private showing. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Living room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio

ADDITIONAL PHOTOS

Exterior	Bedroom III
Hall	Walk to the Park
Walk to Waukee HighSchool	Development Sign
Dining Area	Living Room
Master Bedroom	Full bath
Bedroom II

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 1, 2009, 5:01pm PDT

Amazing Altoona Ranch Home Priced $30k Below Comparables, Backs to Walking Trails & Stocked Pond

Cy Phillips (Remax Opportunities, Inc.) — Tue, 01 Sep 2009 19:44:04 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

1918 3rd Ave SE, Altoona, IA

Spacious newer ranch priced below market and backs to stocked pond and walking trail. Call Cy today for a private showing. 515-422-4731.

3BR/1.5BA Single Family House

offered at $220,000

Year Built	2004
Sq Footage	1,823
Bedrooms	3
Bathrooms	1 full, 1 partial
Floors	1
Parking	2 Car garage
Lot Size	7,587 sqft
HOA/Maint	$0 per month

DESCRIPTION

This house is not only Better, it’s BIGGER, and priced WAY below the nearby new homes! Offering over 1800 sq ft on the main level this home is one of the biggest ranches on the east side! This listing is the lowest priced ranch over 1800 sq ft by $29,900! WOW... All of the work is done here too. This home is move-in ready and decked out with upgrades throughout! Features include: Tile everywhere, stainless steel appliances, vinyl fenced yard, vaulted ceilings on the main level, 9' ceilings in the basement (ready for finish), oversized garage, great colors, updated lighting fixtures, awesome open floor plan, arched entry ways, formal dining room, generous closets, great landscaping, a big deck that overlooks the fully STOCKED pond, lots of storage, and a location/neighborhood that is highly desired! This one is priced to sell and won't last long! Call Cy Phillips today for a private tour. 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- High/Vaulted ceiling
- Tile floor	- Dining room	- Dishwasher
- Stove/Oven	- Microwave	- Stainless steel appliances
- Attic	- Basement	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Exterior Front	Exterior Back
Formal Dining Room	Kitchen
Living Room	Open Floor Plan
Walking Trail	Fenced yard & Pond
Stocked Pond	Development Sign

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 1, 2009, 4:33pm PDT

Huge 2-story in Amazing Urbandale Neighborhood, Walking Path to Waukee School

Cy Phillips (Remax Opportunities, Inc.) — Tue, 01 Sep 2009 17:16:54 -0500

Cy Phillips | Remax Opportunities, Inc. | 515-422-4731

15805 Winston Ave, Urbandale, IA

Space, style, neighborhood & location. You get it all with this home at a knock-out price! Call Cy today for a private showing, 515-422-4731.

4BR/2.5BA Single Family House

offered at $267,000

Year Built	2004
Sq Footage	2,417
Bedrooms	4
Bathrooms	2 full, 1 partial
Floors	2
Parking	3 Car garage
Lot Size	12,022 sqft
HOA/Maint	$0 per month

DESCRIPTION

You won’t beat this one. This much house in this neighborhood doesn’t usually come with this price tag. With over 2400 sq ft, four large bedrooms-each with generous closets, three baths, and a spacious egress basement ready for finish, this home has a lot to offer. And, it is literally a three minute walk to Waukee’s Walnut Hills Elementary School. The floor plan is fantastic with an open eat-in kitchen, HUGE living room with a full wall of custom built-ins and a cozy gas fireplace ready to warm you this winter with the flip of a switch. The two-story entry, open floor plan and formal dining room off the kitchen make this home great for entertaining. Or, turn the dining room into a first-floor office/den. The master suite has it all. Incredibly spacious, tray ceiling, huge walk-in closet with custom wood shelving and a huge bath with a double vanity, shower and whirlpool tub. Other amenities include a three-car garage, plumbing for central vac, wiring for a security system, tons of closet/storage space, and stainless steel appliances (they stay!). The neighborhood is second to none. Drive around a bit and you will really appreciate the quiet street, the other beautiful homes, the proximity to schools, parks, shopping and more. It is easy to picture your family in this house! Call Cy Phillips today for a private showing, 515-422-4731.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Living room	- Dining room	- Breakfast nook
- Dishwasher	- Stove/Oven	- Microwave
- Stainless steel appliances	- Attic	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Exterior Front	Kitchen
Eat-in Kitchen	Master Bath
Great Room	Walking Path to School

Contact info:

Cy Phillips

Remax Opportunities, Inc.

515-422-4731

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 1, 2009, 2:07pm PDT

More Evidence of a Housing Market Rebound

Cy Phillips (Remax Opportunities, Inc.) — Tue, 01 Sep 2009 14:49:48 -0500

Here's some good news for the first day of September. The National Association of Realtors (NAR) reports today that nationally pending home sales have risen consecutively for the past six months. According to the NAR, the consistent rise is unprecedented in the history of the index, which began in 2001.

"The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased by 3.2 percent to 97.6 from a reading of 94.6 in June and is 12.0 percent higher than July 2008 when it was 87.1. The index is at the highest level since June 2007, when it was 100.7," the NAR reports.

In the Midwest, the index slipped 2.0 percent to 88.1, but is still 8 percent above a year ago. In central Iowa, the real estate market is definitely improving in recent months. Sales are increasing, the average home price is inching back up, and interest rate remain low (5.27% for a 30 year fixed rate as I write this).

Most experts agree that the first-time home buyer tax credit is helping to spur the rebound in the housing market. But unless Congress grants the program an extension, time is running out to take advantage of the credit, which expires Nov. 30, 2009. Contracts must be completed by that date and it can take up to 2 months top complete a home sale in the current market.