About Johnson County, IA

Friday was a big day in Coralville as we celebrated all things Hawkeye prior to the first Hawkeye game of the season on Saturday. FryFest 2010 was a huge success. Coralville will show up in the next Guiness Book of Records as they broke the Hokey Pokey record with more than 7,000 people doing the Hokey Pokey at Fry Fest on Friday evening. I wasn't there for that. To be totally honest I am not a huge fan of crowds. I was there earlier in the day for the show and shine car show. Talked to Fred who is selling his MINI Cooper Clubman. (Hawkeye yellow no less). Also spoke to the owner of the Corvette who had just gotten back from vacation in Kensington, UK. Good thing I'm going over the good old Blighty next week otherwise I might have gotten a bit homesick!

This was my very first time out with my new Canon T2i and here are some of the photos I took. I have some learning to do of course, but I think for a first try they're not half bad.

Market Snapshot of current market conditions - Iowa City IA September 6, 2010

526 Active Listings
36 Homes Under Contract
9 Homes Sold August 30 - September 4, 2010

Highest number of days on market: 268 days
Lowest number of days on market: 73 days

Home sales in Iowa City picked up a bit in August. If you check out the links to the monthly reports below you'll see what I mean. We still have the winning combination of lots more homes than buyers in the market place + historically low interest rates. In fact they're lower than ever - 4.25% for a 30 year fixed rate loan! I'm going to say it again, beats me why the market isn't a total frenzy with such lucrative times for buyers. If you're still on the fence about buying a home in Iowa City, I know you've heard it before, but this is an astoundingly good time to buy a home. This particular set of conditions won't last forever. If there was ever a time to make your move it would be now!

If you need to sell your home in Iowa City and would like me to prepare a CMA (Current Market Analysis) with information of homes sold in your neighborhood please call me anytime at 319-400-0268 or click here to send me your contact details.

Are you ready to buy a home in Iowa City? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help!


Last week's real estate market update for Iowa City

Iowa City Real Estate Market Report August 2010

Iowa City Real Estate Market Report July 2010

Iowa City Real Estate Market Report 2nd Quarter: April - June 2010

Originally posted @ ichomesforsale.com

Weekly snapshot of current market conditions - North Liberty IA September 6, 2010

201 Active Listings
24 Homes Under Contract
8 Homes Sold August 30 - September 6, 2010

Highest number of days on market: 198 days
Lowest number of days on market: 14 days

The fact that we have a price driven market means that there are still great opportunities if you are buying a home in North Liberty. Couple that with the extremely low interest rates - 4.25% for a 30 year fixed rate loan - it's really hard to imagine a better combination of factors when it comes to buying a home in North Liberty.


For sellers of course it's not quite as rosy. The price driven market means you probably won't make as much as you would like on the sale of your home. On the up side, the turnover rate for homes is better in North Liberty and it is likely that your home will spend less time on the market than in Iowa City or Coralville.


If you need to sell your home and would like me to prepare a CMA (Current Market Analysis) please call me anytime at 319-400-0268 or click here to send me your contact details. (Depending on the location of course, location is always king). Bear in mind too that buyers are looking for deals. Pricing it right is one part of the equation. Equally important is that it's in pristine condition. Pricing your home right + seeing to it that it's the shiny penny on the block will put you well on the way to selling your home quickly.


Are you ready to buy a home in North Liberty IA? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help.


Last week's market update for North Liberty

North Liberty IA real estate market report August 2010

North Liberty IA real estate market report July 2010

North Liberty IA real estate market report 2nd Quarter: April - June 2010

Originally posted @ ichomesforsale.com

Market snapshot of current market conditions - Coralville IA September 6, 2010

219 Active Listings
15 Homes Under Contract
4 Homes Sold August 30 - September 4, 2010

Highest number of days on market: 173 days
Lowest number of days on market: 18 days

Homes sales in Coralville IA picked up in August. Coralville did not benefit too much from the first time homebuyer credit. Now that the demand for higher priced homes seems to be returning we could see more strength in the Coralville market. Too early to tell yet. Watch for my market updates and you'll see how this story unfolds.

Of course we still have the winning combination of more homes than buyers in the market place + historically low interest rates. In fact they're lower than ever - 4.25% for a 30 year fixed rate loan! As I've said before, beats me why the market isn't a total frenzy with such lucrative times for buyers. If you're still on the fence about buying a home in Coralville, I know you've heard it before, but this is an astoundingly good time to buy a home. This particular set of conditions won't last forever. If there was ever a time to get into the game it is now!

If you need to sell your home in Coralville and would like me to prepare a CMA (Current Market Analysis) with information of homes sold in your neighborhood please call me anytime at 319-400-0268 or click here to send me your contact details.

Are you ready to buy a home in Coralville? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help.

Last week's real estate market update for Coralville

Coralville IA real estate market report August 2010

Coralville IA real estate market report July 2010

Coralville IA real estate market report 2nd Quarter: April - June 2010

Originally posted @ ichomesforsale.com

North Liberty IA Real Estate Market Statistics August 2010 Compared to August 2009

27 homes sold in North Liberty in August 2010 compared to 40 homes sold in August 2009. Not great numbers. On the up side, it's an improvement on July when the number of homes sold in North Liberty took quite a dip.

The source for the data used in all my market reports is from the Iowa City MLS. For the days on market/absorption rate I take numbers from the MLS and insert them into a simple Excel spread sheet to avoid manipulating the data. According to that calculation we have 4.8 months of inventory on the market, that's 145 days on market. Much better than Iowa City and Coralville, although I would still hesitate to call it a sellers market, even though technically based on the absorption rate it is. The fact is that we have a price driven market. You probably have the opportunity to sell your home quicker in North Liberty, but only if you price it right. Market conditions in the last few years have lead to us seeing a rise in "value shoppers" and they're not going away any time soon.

If you need to sell your home in North Liberty and would like me to prepare a CMA (Current Market Analysis) with information of homes sold in your neighborhood please call me anytime at 319-400-0268 or click here to send me your contact details.


Are you ready to buy a home in North Liberty? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help.


North Liberty Real Estate Market Report 2nd Qtr 2010

Iowa City Real Estate Market Report August 2010

Iowa City Real Estate Market Report 2nd Qtr 2010

Coralville Real Estate Market Report August 2010

Coralville Real Estate Market Report 2nd Qtr 2010

Originally posted @ ichomesforsale.com