NAR home sales prediction

So, what's the deal? We're all trying to look into the crystal ball and see what our home value future is. Well, the NAR is indicating that 2005 was a banner year for sales, they dipped and will be increasing through 2007 and 2008. Keep in mind that these are numbers of sales and not sales prices, but it is good news for the industry and for individuals, as well.

Steve Seligman at Cornish and Carey Commercial in the Bay Area of California summed it all up after going to the Rolling Stones concert at the Filmore. "Good news is good for real estate. Bad news is bad for real estate." It is really not any more complicated than that. Thank you Steve.

New Demographic Reports

I have just posted new demographic reports for the Johnson County, Iowa area on my commercial website. Go to http://www.iowacitycommercialbroker.com/ and select the demographic tab. I love these reports. They offer in depth, current infomation about this area and give some sort of foundation for decision making.

New market snapshot feature

I just put a new button on my website titled "market snapshot". Unfortunately some of what we do is marketing fluff, but this is the real deal. The link sets up a market snapshot based on your search criteria and emails you a full featured, graphic report showing meaningful statistics, maps, and photos. I am excited about this tool and invite you to give it a try. It is set up for residential properties with active listings, and sold listing information. Go to http://www.icrealestate.com/MarketSnapshot and fill in the form and wait for the response. I think it's great. See if you agree!