Residential inventory is down 10% across the Eastern Iowa region and prices are up. If you’ve been thinking about selling, you should take this opportunity to sell at the best price!
The Spring 2018 issue of the Ruhl&Ruhl Realtors Facts and Trends newsletter lists five reasons why now is the best time to sell:
- Mortgage rates are climbing
- Affordable homes are in particularly short supply
- Most of the Eastern Iowa markets are “Seller’s Markets”
- Home prices have appreciated in our region
- High buyer demand
First quarter 2018 sales were relatively flat compared to last year, thanks to the long, cold winter and a shortage of affordable inventory. Sales volume is expected to be up 1 to 2% for the year and for homes to continue to appreciate.
Read the full article and the rest of the 2018 Facts and Trends newsletter here.