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

About Home

 This week has been a busy one... alas I am a day later than initially planned with this blog.. this week started with a personal friend/colleague down with covid and the space that occupies in your mind when thinking of them while hoping for a quick and full recovery with no lingering side effects. 

There was travel this week to the Iowa Association of Realtors conference in Council Bluffs, learning new techniques and keeping up with law and ethics while meeting new friends and brokers and agents I have known for years.  It was good to feel the freedom of being in a group again and reconnecting with the staff at IAR.

The emotions kept coming towards end of the week and I now am reflecting on what it means to be home.  The place where you can go to hide, perhaps to cry or just to feel safe from the world.  Home is a comfort, something to look forward to at the end of the day, knowing it has you, your home is your sanctuary.  At home there is no judgement, no time lines to stress you and being there is the heart of everyday life. A home gives us warmth in winter and provides shelter against storms.  You live your life in that home and if you have ever had to sell a home that you have lived in and built memories in and healed in, you know its a train-wreck of emotions trying to say goodbye. 

There is also the excitement and joy of a new space, a new home to call your own, I have felt this joy and so often in my job experience the joy of others as they realize their dreams.  That is one of the many things I love about my job.. those relationships built around searching for and finding the "one" that says home. 

Coming home, what does that mean to you?