Walter Molony of the National Association of Realtors says we're in for an increase in the number of homes sold nationallly. 2005 was a banner year with 7.03 million home units sold. Last November, (2006) the annual 2006 sales were 6.28 million and should be rising gradually in 2007.
It is early yet, but this news fits with what's happening in the Iowa City area so far this spring. Buyers are out in force and agents are working late and on weekends! Iowa City is insulated somewhat from the national market due to our local demographics and the influence of the university, so this information is not as important to us as it would be to buyers and sellers in a major market.
In any case, it's good to hear good news!
Monday, January 22, 2007
Wednesday, January 10, 2007
It's a new year!
2007 is shaping up to be a busy year for Realtors. November and December were very slow months, but I got all my filing done! As of January 2, things are popping!
There are currently 1583 residential and 349 commercial properties on the market. This is a little higher than previous years, but not significantly.
Of the residential listings, 797 are homes, 513 are attached condos, 37 are detached condos, 107 are zero lots and 34 are acreages.
Of the 349 commercial properties, 150 are for sale and 199 are for lease.
In the next 3 months it will very interesting to see how many of these listings sell and for what prices. Stay tuned!
There are currently 1583 residential and 349 commercial properties on the market. This is a little higher than previous years, but not significantly.
Of the residential listings, 797 are homes, 513 are attached condos, 37 are detached condos, 107 are zero lots and 34 are acreages.
Of the 349 commercial properties, 150 are for sale and 199 are for lease.
In the next 3 months it will very interesting to see how many of these listings sell and for what prices. Stay tuned!
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