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Iowa Home Sales Fall in July
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You're Now Reading:
Iowa Home Sales Fall in July
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Iowa Home Sales Fall in July
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September 11, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums fell in Iowa during July but still beat out last year’s tally while home prices followed the same pattern according to the latest housing data from the Iowa Association of Realtors® (IAR).

An estimated total of 3,367 existing single-family homes and condos were sold in the Hawkeye State in July. That was 14.5 percent lower than the 3,940 homes sold in June but still 2.8 percent higher than the 3,274 homes sold in July 2011. Year-over-year, home sales have increased for the last 13 months.

Home sales through the first seven months of this year are 13.3 percent ahead of last year’s sales.

The median sales price for an existing home in Iowa fell by 3.5 percent in July to $134,900, down from $139,743 in June, but was still 3.8 percent higher than the median price of $130,000 in July of last year.

Dale Gross, president of the Iowa Association of Realtors®, stated, “Activity continues to be strong. We anticipate sales to stay ahead of last year through the next couple of months as pending sales are running ahead of last year at this time.”

Of the 44 local boards that provide data for the monthly report, twenty-six of the boards reported gains in home sales or were unchanged from the previous year with the Ottuma Board (+51.9 percent) reporting the largest increase while the Iowa Great Lakes Board (-21.7 percent) posted the largest monthly decline in sales in areas with a minimum of 30 sales.

The Des Moines area recorded the most sales for the month with an estimated 841 home sales, down from 997 the previous month, while the Cedar Rapids area followed with an estimated 418 home sales for the month.

Year-over-year, twenty-seven of the local boards posted an increase in their median prices, or were unchanged from the previous year, led by the Fremont-Page MLS (+76.0 percent) with the Tama County Board (-65.4 percent) posting the largest decline in prices.

The total number of homes for sale across the state fell slightly in July with 21,332 homes actively available, down slightly from 21,630 in June, and down from 24,807 homes available last year.

The average number of days that a home spent on the market was 96, unchanged from June, but down from 106 days in July 2011.

Tags: Iowa real estate, existing homes, condos, sales, median home prices

Source:
IAR

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Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
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Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
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No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
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September 11, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums fell in Iowa during July but still beat out last year’s tally while home prices followed the same pattern according to the latest housing data from the Iowa Association of Realtors® (IAR).

An estimated total of 3,367 existing single-family homes and condos were sold in the Hawkeye State in July. That was 14.5 percent lower than the 3,940 homes sold in June but still 2.8 percent higher than the 3,274 homes sold in July 2011. Year-over-year, home sales have increased for the last 13 months.

Home sales through the first seven months of this year are 13.3 percent ahead of last year’s sales.

The median sales price for an existing home in Iowa fell by 3.5 percent in July to $134,900, down from $139,743 in June, but was still 3.8 percent higher than the median price of $130,000 in July of last year.

Dale Gross, president of the Iowa Association of Realtors®, stated, “Activity continues to be strong. We anticipate sales to stay ahead of last year through the next couple of months as pending sales are running ahead of last year at this time.”

Of the 44 local boards that provide data for the monthly report, twenty-six of the boards reported gains in home sales or were unchanged from the previous year with the Ottuma Board (+51.9 percent) reporting the largest increase while the Iowa Great Lakes Board (-21.7 percent) posted the largest monthly decline in sales in areas with a minimum of 30 sales.

The Des Moines area recorded the most sales for the month with an estimated 841 home sales, down from 997 the previous month, while the Cedar Rapids area followed with an estimated 418 home sales for the month.

Year-over-year, twenty-seven of the local boards posted an increase in their median prices, or were unchanged from the previous year, led by the Fremont-Page MLS (+76.0 percent) with the Tama County Board (-65.4 percent) posting the largest decline in prices.

The total number of homes for sale across the state fell slightly in July with 21,332 homes actively available, down slightly from 21,630 in June, and down from 24,807 homes available last year.

The average number of days that a home spent on the market was 96, unchanged from June, but down from 106 days in July 2011.

Tags: Iowa real estate, existing homes, condos, sales, median home prices

Source:
IAR

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

September 11, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums fell in Iowa during July but still beat out last year’s tally while home prices followed the same pattern according to the latest housing data from the Iowa Association of Realtors® (IAR).

An estimated total of 3,367 existing single-family homes and condos were sold in the Hawkeye State in July. That was 14.5 percent lower than the 3,940 homes sold in June but still 2.8 percent higher than the 3,274 homes sold in July 2011. Year-over-year, home sales have increased for the last 13 months.

Home sales through the first seven months of this year are 13.3 percent ahead of last year’s sales.

The median sales price for an existing home in Iowa fell by 3.5 percent in July to $134,900, down from $139,743 in June, but was still 3.8 percent higher than the median price of $130,000 in July of last year.

Dale Gross, president of the Iowa Association of Realtors®, stated, “Activity continues to be strong. We anticipate sales to stay ahead of last year through the next couple of months as pending sales are running ahead of last year at this time.”

Of the 44 local boards that provide data for the monthly report, twenty-six of the boards reported gains in home sales or were unchanged from the previous year with the Ottuma Board (+51.9 percent) reporting the largest increase while the Iowa Great Lakes Board (-21.7 percent) posted the largest monthly decline in sales in areas with a minimum of 30 sales.

The Des Moines area recorded the most sales for the month with an estimated 841 home sales, down from 997 the previous month, while the Cedar Rapids area followed with an estimated 418 home sales for the month.

Year-over-year, twenty-seven of the local boards posted an increase in their median prices, or were unchanged from the previous year, led by the Fremont-Page MLS (+76.0 percent) with the Tama County Board (-65.4 percent) posting the largest decline in prices.

The total number of homes for sale across the state fell slightly in July with 21,332 homes actively available, down slightly from 21,630 in June, and down from 24,807 homes available last year.

The average number of days that a home spent on the market was 96, unchanged from June, but down from 106 days in July 2011.

Tags: Iowa real estate, existing homes, condos, sales, median home prices

Source:
IAR

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.