Posts from December 2013

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December
3

Home Prices Continue to Rise in Local Markets

December 3rd, 2013 by Ruhl Marketing Team

Our eastern Iowa markets continue to have steady and stable growth in home price appreciation. Nationally home prices have increased only.15% in the last five years, larger increases are found in all of our local markets' with home prices up: 9.71% in Dubuque; 5.32% in Iowa City; 1.33% in Cedar Rapids; and 3.93% in the Quad Cities. This compares to other cities: Des Moines, IA down .50%; and Chicago, IL down 15.17%.

Metropolitan Statistical Areas (MSAs)	2013 3rd Quarter National Ranking of 287 MSAs*	Percent Change in House Prices
		1 Year	5 Year
Cedar Rapids, IA	194	+ 1.19%	+ 1.33%
Davenport-Moline-Rock Island, IA-IL	170	+ 1.67%	+ 3.93%
Des Moines-West Des Moines, IA	160	+ 2.09%	- 0.50%
Dubuque, IA	123	+ 3.08%	+ 9.71%
Iowa City, IA	108	+ 3.74%	+ 5.32%
USA		+ 8.44%	+ .15%

Information courtesy of the Federal Housing Finance Agency (FHFA) for third quarter 2013. FHFA stats always run one quarter behind. Their full report is available at www.fhfa.gov. *Rankings based on annual percentage change in house prices. In the past year our prices did not appreciate as much as prices in many other markets. This is because our home prices didn't fall as drastically as other areas of the county, so the increase in home price appreciation has been modest but steady. A continued shortage of listings and low, but rising interest rates may impact home prices locally. According to the Federal Housing Finance Agency, of the 287 MSAs (Metropolitan Statistical Areas) ranked by home price appreciation, all of our markets in eastern Iowa ranked in the top 68% in the nation – Cedar Rapids at 194^th, Quad Cities at 170^th, Dubuque at 123^rd and our highest Iowa City at 108^th. Our local markets continue to provide a much more stable environment for purchasing homes and investing in real estate than most other markets nationally. A family-owned company since 1862, Ruhl&Ruhl Realtors has grown to 300 sales associates, 62 employees and twelve offices, selling more than 5,000 homes in eastern Iowa, western Illinois and southwest Wisconsin. The company has residential sales offices in Bettendorf, Burlington, Cedar Rapids, Clinton, Davenport, DeWitt, Dubuque, Iowa City, Maquoketa, Muscatine, and Washington, Iowa; and in Moline, Illinois. In addition to residential sales, the company offers services in relocation, property management, real estate investments, new home sales, land development, farm and land sales, senior services, home vendor services, insurance services through the Nelson Brothers Agency and mortgage services through Ruhl Mortgage.

Categories: Home Price Appreciation

December
2

Ruhl&Ruhl Realtor's is more than Real Estate – We're Family!

December 2nd, 2013 by Ruhl Marketing Team

A curious Quad Cities citizen noticed something familiar on the latest Real Estate Today TV show that airs on WQAD. Outstanding service is not the only attribute gaining attention. People are noticing the resemblance between Caroline Ruhl and Chris Beason!

Quad City Times "Ask the Times" w...

Click Here to Read More...

Categories: Press Releases & Interviews

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Posts from December 2013

Home Prices Continue to Rise in Local Markets

Ruhl&Ruhl Realtor's is more than Real Estate – We're Family!

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Posts from December 2013

Home Prices Continue to Rise in Local Markets

Ruhl&Ruhl Realtor's is more than Real Estate – We're Family!

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