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Des Moines Real Estate Roundup 10-10-08

Week Ending October 10th, 2008
Dramamine Anyone?
Dramamine is an over-the-counter drug used to prevent nausea and motion sickness.  It could also be prescribed for watchers of the stock market.  If you are a “Player” in the market, whether it be by stocks or even your 401K, the last week has been one of the most stressful you have probably ever experienced.  Are we finished yet?  The Dow at one point today was 700 points down and up 300 points later in the afternoon finishing finally at 8,451 down 128.00. 

I think that many would agree when I say that election day can’t come fast enough.. Call me a cynic, but I believe that if the Presidential election wasn’t occurring until next year, we wouldn’t be experiencing the financial crisis we are today. 

Total Number of Homes For Sale in the Des Moines Metropolitan Area – 5,438
New Listings Taken During the Last 7 Days – 244
Accepted Offers (Pendings) During the Last 7 Days – 79
Homes Closed (Solds) During the Last 7 Days – 64
Average Sale Price of Solds – $166,078
Average Days On Market of Solds – 95
If you have specific questions about real estate for sale
in the Des Moines area, please feel free to contact me by
Clicking Here

Les Sulgrove, RE/MAX Real Estate GroupInformation on this blog posting is for informational purposes only
and not intended as solicitation if you are already working with a REALTOR®.
There is no obligation or fee for any information on this blog posting.

Data Source: Les Sulgrove, RE/MAX Real Estate Group 
Des Moines Area Association of REALTORS® MLS.
Des Moines Metropolitan Area defined as: Adel, Altoona,
Ankeny, Bondurant, Carlisle, Clive, Des Moines, Dallas Center,
Desoto, Granger, Grimes, Indianola, Johnston, Norwalk,
Pleasant Hill, Polk City, Urbandale, Van Meter ,Waukee,
West Des Moines, Windsor Heights, Winterset

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