The number of listings in the Cedar Rapids/Marion Metro area are a few hundred listings under the number of listings that were available this time last year. That means we’re in a “Seller’s Market.” For sellers this means it’s a great time to list your house for sale if you’ve been thinking about a change. Of course, your success will depend on your home’s condition, location and pricing. If you like, we can do a quick, free tour of your home and suggest some options for you. Contact us today to find out more.
As a buyer, the current market conditions mean that you need to be ready to make a decision when you find the home you want. You should be pre-approved through a lender (It’s easy to do online at our in-house lender, RuhlMortgage.com). You might want to be more open to considering a home that needs some improvements, as long as the location, price and basic amenities meet your needs.
It’s even more important in a “Seller’s Market” to work with a REALTOR® to get you on a search directly from the Multiple Listing Service. This allows you to see new homes on the market as soon as they are listed vs. waiting a day for them to load onto other internet sites. Your REALTOR® will also be able to help you make wise decisions if you find yourself in a competitive offer situation.