Rentals and Real Estate

 Rocking Rentals

In 22Q4, for the first time since at least 1974 when data became available, the quarterly number of housing units built-for-rent at 133,000 exceeded the number of single-family units built-for-sale at 126,000. Historically, the only times these numbers came close were during the recessions of 1982 and 2008/09 when single-family production collapsed. Single-family built-for-sales starts are down about 40% from their recent peaks, built-for-rent activity is nearing its 1986 high.

Elliot Eisenberg, Economist. 

This is very interesting food for thought.....

Do we have to many rentals in our market?  let me know what you think

in an email:

Deb.Fowler.c21@gmail.com

MERRY CHRISTMAS

I am grateful for so much this year, good health, a warm home, friends and family near and far, the list is long and yet as we near the end of 2022 I reflect on the thank you cards I failed to send,  the thoughts and wishes I held for friends, family or clients but  failed to communicate, the birthday greetings, the get well or the sympathy card I never sent.  

 So today I want to say to my friends, family and my clients and customers, I thought of you.. and  I will task myself to do better, to make that phone call, to send  that card or to text a thought I had of you.

Its' the coldest Christmas I can remember but warmest thoughts are sent to all - Have a Merry Christmas and a Wonderful New Year.

Is it a good time?

 

    

• If you're planning to make a move but aren't sure if now's the right time, here are a few reasons why you shouldn't wait to sell your house.

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• The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and many are hoping to avoid falling into the rental trap for another year.

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• Motivated Sellers are open to offers.

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• Interest rates are still reasonable.

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• Typical closing dates are 30-45 days depending on financing. 

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• Realtors are ready to help! most agents will do a market analysis with no cost and no obligation.

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• Reach out to a real estate professional to determine if selling your house before the new year is the right move for you.

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Staying Relevant

Seems like a long time ago that I started in the real estate business - 1996 to be exact.  I know

 the industry needs to change and grow, and so I feel I need to do that also.  By growing and

 expanding our knowledge, education and ways of doing business I believe that is the way to

 stay relevant in today's market.

 I recently attended the Iowa Realtors Convention in Des Moines, the instructors were among the best I have had the pleasure of listening to. 

 We have a  Realtor Code of Ethics that Realtors vow to uphold, also the standard of having continuing education ( 36 HOURS) every 3 years.  Mandatory are the Ethics and Law Update classes.

I will attach that Code of Ethics below so that you can also see what we Realtors practice in our daily business.

It's fall - time to spend some time daydreaming under a tree

https://cdn.nar.realtor/sites/default/files/documents/2022-COE-Standards-of-Practice-2021-12-15.pdf

Homes in January 2022

 Historically January is a little slower in the real estate world - this year is no different - I imagine as a buyer this time of year is not the best time to trudge into homes and compare them to see what fits - but if you have to move in the winter - let's go!  I work with first time buyers and move up buyers, sellers and investors.  

Listings are picking up right now - so the inventory is already growing and should continue to gain momentum as we start to warm up, looking forward to both the warm up and the increase in property listings.  What can I sell for you? 

I am curious  - I know how much my home means  what does home mean to you? leave me a message and tell me what it means to you to come home and how it makes you feel.

Fall 2021 Market Analysis

 The year has flown by - in spite of all that is happening in the world the real estate market remains resilient.  Homes priced well are still in demand and buyers are pre qualified and ready to buy.  

If you have a home and are wondering if now could be good time to test the market, most agents offer complimentary market analysis.  This report will compare your home to minimally 3 recently sold *( typically within last 6 months) and also use 3 or more active

"listed " properties including "pending" in the MLS (Multiple Listing Service.)

The price is determined by using the most comparable in style, square footage, level of finish, updates and similarities.  There are lots of variables in determining the price range but most agents are well versed in how to get you the maximum amount for your home in the least amount of time.

Please feel free to reach out if I can be of service.