Tag Archives: Economy
Economic Impact of Homes Sold In Iowa
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
June 3rd and December 13th
Des Moines Real Estate Statistics Week Ending 5-15-09
This past week, I was in Washington DC at the National Association of REALTORS (NAR) Mid-Year meetings. NAR held a first ever Economic Summit on Tuesday starting off with an all too short (in my opinion) debate between Pat Buchanan and Harold Ford. Former Fed Chairman Dr. Alan Greenspan took the stage Tuesday and predicted […]
Des Moines Real Estate Statistics Week Ending 5-1-09
The real estate market continues to pick up in the Des Moines metro. Ankeny led the area with 133 Pendings(new offers accepted). West Des Moines and Northwest Des Moines were not far behind is 108 and 105 Pendings respectively. Pendings are offers that have been accepted and while they don’t close for approximately 30 […]