Wow! Pendings in the $100,000 to $200,000 price range took off this week! 76 Pendings compared to 52 last week! Total Residential Active Listings – 5076 New Listings Taken During the Last 7 Days – 232 Accepted Offers (Pendings) During the Last 7 Days – 154 Closed Transactions During the Last 7 Days – 72 […]
Category Archives: Market Statistics
What Market Are We In Right Now?
The experts will tell you that success in selling any product has everything to do with Supply and Demand. In real estate terms that can be measured in terms of Months of Inventory. The rule of thumb is that a balanced market contains between 5 to 6 months of inventory. Anything less than that is […]
The First Time I Sprained My Ankle
10 Year Sold Trend Comparison Overlay
Des Moines Real Estate Week In Review Ending February 4th, 2011
Total Residential Active Listings – 5083 New Listings Taken During the Last 7 Days – 276 Accepted Offers (Pendings) During the Last 7 Days – 129 Closed Transactions During the Last 7 Days – 92 Average Sale Price of Solds – $152,842 Average Days On Market of Solds – 129 Les Sulgrove, Iowa Real Estate […]
18 Ways To Improve Your Listing In The MLS
1. Take GOOD photos of your listings… Seasonably Correct – Use Common Sense – Exterior Front Photo as #1 Photo. 2. Enter the CORRECT Address… Including Zip Code 3. Area… For Heaven’s Sake, Enter the correct AREA… If your home is located in Des Moines Northeast… Make sure you have DMNE as the AREA. You […]
Month of January Housing Stat Recap
Des Moines Real Estate Week In Review Ending January 28, 2011
Total Residential Active Listings – 5118 New Listings Taken During the Last 7 Days – 203 Accepted Offers (Pendings) During the Last 7 Days – 121 Closed Transactions During the Last 7 Days – 52 Average Sale Price of Solds – $138,010 Average Days On Market of Solds – 107 Les Sulgrove, Iowa Real Estate […]
Des Moines Real Estate Week In Review Ending January 21, 2011
Total Residential Active Listings – 5129 New Listings Taken During the Last 7 Days – 229 Accepted Offers (Pendings) During the Last 7 Days – 117 Closed Transactions During the Last 7 Days – 67 Average Sale Price of Solds – $160,109 Average Days On Market of Solds – 111 Les Sulgrove, Iowa Real Estate […]
New FHA PURCHASE Guidelines — Credit Scores below 600 now allowed with more down payment
From Steve SchraderBachar, Wells Fargo Home Mortgage ”The following Credit Policy enhancement is being made by Wells Fargo Home Mortgage for FHA Purchase transactions. Credit Policy on or after Jan. 15 Minimum loan score and LTV allowed for Purchase transactions: Loan score lower than 500 = not allowed Loan score 500 – 579 allowed […]