Real Estate News from Popular Iowa Cities

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Real Estate News from Popular Iowa Counties

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 2
Agust closings of luxury homes priced over $700,000 on the Des Moines MLS turned in their best performance of the year with 11 closed vs. 9 closed in July. Pendings rose also from 18 in July to 20 in August. August is traditionally not the best month for home sales locally but sales in this categ...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 0
Sellers: Are Buyers Swiping Left on Your Home? Let me back up a second...in case you don't know what I mean, which means that you have not experienced online dating...you would want a buyer to "swipe right" to get to know you better.  After all, just like the dating apps, your home is judged with...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 3
It is not the first time that I have thought about this.  I am not in the practice of performing dual agency, even though it is allowed in Iowa.  In fact, I have sold over 200 homes in the last 15 years and I have only acted as a dual agent less than ten times!  Since I rarely host open houses on...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 13
As a followup to my post earlier this week regarding property disclosures, I got to thinking about the handful of transactions that turned south once the buyer realized that the seller had been less than forthcoming about the condition of the property. In this case, it had severe consequences for...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 27
Recently, I received a call from a buyer's agent regarding a home that I had listed and sold to her buyers several months ago.  She was questionning whether the seller knew that there was old termite damage in the ceiling of the main floor of the house.  When I asked how it was found after the cl...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 2
I have a buyer that is currently under contract on a home with VA financing.  The initial lender that was tasked with the pre-approval was a referral.  The buyer had friends that highly recommended this lender and so I felt reasonably confident that things would be smooth even though I was not pe...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 2
In fast moving markets, many listings are sold in the first few hours or days on the market.  But more and more sellers are continuing to show their home....in search of backup offers.  What does this mean to you as a buyer?  And why would sellers opt to do this?  I can answer those two questions...

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 2
July closings of luxury homes priced over $700,000 on the Des Moines MLS ramped up last month with 9 closed vs. 5 closed in June. Pendings rose also from 13 in June to 18 in July. July is traditionally the month when sales fall month over month but sales in this category bucked the trend of the o...

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 1
June closings of luxury homes priced over $700,000 on the Des Moines MLS eased last month with 5 closed vs. 8 closed in May. Pendings continued to decline falling from 17 in May to 13 in June. The first two weeks of June is when our market traditionally hits its sold/pending peak for the year and...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 3
When you are looking for a home, do you picture yourself in a single family home with a fenced yard?  Or do you picture yourself in a high-rise or townhome where you can leave on a work trip and not need to worry about what the lawn might look like when you return?  What stage of life are you cur...

By Gary & Melynda Wolter (CRS) 480-269-1164, Relentless, Reliable, Premier Personal Service
(Evenson/Fisher Group-Revelation Realty)
Comments 0
This 1996 built ranch at 146 38th St. NE was received an accepted offer after 7 days and very close to the asking price of $150k.The garage was built in 2007 and features an open floor plan.Gary Wolter is licensed in Iowa and Arizona and has a team at Pinnacle Realty in Cedar Rapids. "We have sol...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 1
I mean think about it.....if you needed to sell your home tomorrow, what would you do first?  If you are an agent or married to one, you would know that your first call would be to a professional.  But what if you are a successful professional in another field?  Would you try to sell it on your o...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 21
Sellers:  You Don't Need to Babysit Your Home One of the best reasons to hire a real estate professional is that the seller does not need to babysit their home.  What do I mean by babysit? As a for sale by owner, the seller would need to be present for all showings with potential buyers and their...

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 0
May closings of luxury homes priced over $700,000 on the Des Moines MLS shadowed April's performance with 8 closed in May vs. 7 closed in April. Pendings slowed a bit dropping from 20 in April to 17 in May. The first two weeks of June is when our market traditionally hits its sold/pending peak fo...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 7
Sellers:  The 4 Best Tips to Make a Fabulous First Impression!  1.  Curb appeal is important.  While your home is on the market, keeping your home mowed, trimmed and landscaping perfect is important.  When a buyer drives by, the make a decision instantly whether they like what they see from the O...

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 0
Closings of luxury homes priced over $700,000 on the Des Moines MLS sprang to life in April rising 350% to from 2 closed in March to 7 for the month of April. Pendings gained momentum in April also jumping from 7 to 20.  Inventory rose in April as well but more slowly moving from 69 units 76 for ...

By Gary & Melynda Wolter (CRS) 480-269-1164, Relentless, Reliable, Premier Personal Service
(Evenson/Fisher Group-Revelation Realty)
Comments 0
What a great two weeks in Iowa! Since moving to Phoenix in early 2015, we have sold 25 homes by referring my Iowa clients to other agents that I trust. This was the first time that I decided it was time to activate my Iowa license and help a few clients, personally! A few other agents wondered wh...

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 4
Closings of luxury homes priced over $700,000 on the Des Moines MLS slumped in March to 2 closed for the month and pendings were flat from 7 to 7. Actives picked up from 64 to 69. Compared to closed sales of 6 in February closings were anemic. With 69 active at the end of the month there was a 37...

By Matt Grohe, Serving the metro since 2003
(RE/MAX Concepts)
Comments 0
Mortgage Credit Certificate Program Announced from the Iowa Finance AuthorityWow! A great benefit has been announced for Iowa home buyers who qualify as The Iowa Finance Authority (IFA) unveils the 2018 Mortgage Credit Certificate Program that can save Iowa home buyers up to $2,000 on their feder...

By Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa
(Cedar Rapids/Iowa City, IA KW Legacy Group)
Comments 2
I feel compelled to share a recent experience that I had as a buyer's agent in Cedar Rapids this past weekend.  This is the third instance of this practice that I have seen so far this spring in this price point. The buyer that contacted me on Zillow was asking about a property that morning.  The...

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