A March like no other on record. There are few times in life that a turning point is as poignant as the one we are currently experiencing. What had been a swift start to 2020 with a strong economy and positive job growth, low unemployment and a healthy (unhealthy?) dose of politics has turned into […]
Category Archives: Market Statistics
Des Moines Real Estate February 2020 Wrap Up
Homes for sale counts started off with a brief rise but the buyers started coming out from their winter rest and bought up homes at a quick pace leaving inventory levels close to 3,400. This is evident by the steady rise in sale pendings during the month. With an average days on market in February […]
Des Moines Real Estate January 2020 Wrap Up
2019 Des Moines Real Estate Year Ends Strong
Warm December Keeps Buyers, Sellers and Realtors Busy Closed sales for 2019 missed 2018 numbers by less than 1/2 of a percent as December 31st arrived but it could have been much farther away if it weren’t due to an active real estate market and an unusually warm December. Two categories, Single Family Resale homes […]
Des Moines Real Estate Market Better Off Now Than This Time A Year Ago
Comparing this year to last. Last month I had the opportunity to travel to San Francisco CA to attend the National Association of Realtors annual convention. The one session that I look forward to each year is the Residential Economic Issues & Trends Forum presented by National Association of Realtors Chief Economist Dr. Lawrence Yun. […]
10 Months Down And 2 To Go For Des Moines Area Home Sales
October Real Estate Market Shows Signs of Tapering Off October has always been a transition month for Des Moines real estate. We normally see a bump of business that begins in September after Labor Day. October can be a hit or miss month primarily due to weather. This past month has seen more than its […]
Real Estate Sales Transition from Summer to Autumn
Activity slowing overall as October arrives but still plenty of time and more homes available to sell! Des Moines Residential Real Estate 3 Quarters Down & 1 To Go Fall has officially arrived, and the Des Moines real estate market is also entering the final three months of the year. Overall, the 2019 real estate […]
Dog Days of Summer
// There’s still time to buy or sell your home and enjoy ice cream too! Where did the phrase “Dog Days of Summer” come from? The ancient Romans called the hottest, most humid days of summer “diēs caniculārēs” or “dog days.” The name came about because they associated the hottest days of summer with the star Sirius. Sirius was known as the “Dog Star” because it was […]
Have home sellers missed the busy part of the market if they list now?
First half of 2019 in the books
// Phrase of the Month: Price Reduction The first six months of the year is over and Des Moines real estate closed sales are very close to this time last year lagging only 72 sales behind. Not bad considering the first three months were snowy and cold and the second quarter has been rainy… Sellers […]