Georgia Weaver

Pilot Tribune newspaper article and picture showing our new brokerage sign, Dusty Rydstrom (Office assistant and me posing. No I'm not a poser I AM THE REAL THING! Just ask me :)

http://www.stormlakepilottribune.com/story/1584806/photo/1287165.html

http://www.stormlakepilottribune.com/story/1584806.html

We are very busy getting the office up and going, all the property books made, forms developed, printed and filed, accounts complete, license, insurance, accounting software and of course training, and the office looks great - same colors we used on our house on Peterson St.

This week I finally opened my own brokerage, Monday I went to Des Moines for my license and have been working in my own space since then. This weekend we put some of the finishing touches on, setup the computer for the assistant and hang our big sign. We officially open to the public this Monday, November 2, 2009.

Weaver LLC Realtors -

Only one Focus -YOU
We do only one thing - REAL ESTATE

YOU are our top priority, NOT Number of Sales, Number of Listings, Number of Agents, or Number of Dollars - YOU!

Our new location is 113 Main St., Suite 3, in Alta, Iowa
Call our office at 712-200-4663
Call or text me direct at 712-574-5426

Call me or come by to see how I can help YOU.

Weekly
Storm Lake MLS
Market Statistics - 9/16/09 to 9/23/09

Storm Lake
Available Residential Properties - 71 homes
Sold in last 30 days - 14 homes

Alta
Available Residential Properties - 16 homes
Sold in last 30 days - 5

Properties are listing and selling, waiting till "the market improves" DOES NOT APPLY to our market. Personally as a real estate investor, I am buying and selling. 4 Closings this month so far!

http://www.slrealtycheck.com/ for more information on the Storm Lake and Alta Iowa real estate market or call me 9Georgia A. Weaver) direct at 712-574-5426

2008

40 total properties with the above criteria sold in this period

Days on Market in this period - 27.5% marketed 0 to 30 days, 35% marketed 31-60 days, 2.5% marketed 61-90 days, 7.5% marketed 91-120 days, 27.5% marketed120+ days

Average Days on Market (DOM) was approximately 80

2009

36 total properties sold within the above criteria in this period

Days on Market in this period - 22.2% marketed 0 to 30 days, 33.3% marketed 31-60 days, 8.3% marketed 61-90 days, 13.9% marketed 91-120 days, 22.2% marketed 120+days

Average Days on Market was approximately 87

Summation:

The striking thing about this 3-month block of sales is what little difference there is from last year to this year. None of the numbers are greatly significant, it shows our local market (Storm Lake and Alta) are very stable and have not been negatively impacted by the national downturn. Real estate is a good investment in general, a number of people are purchasing, and selling, we (Realtors) have seen a good year to date. The Storm Lake and Alta housing market is gaining ground overall.

As of August 31, 2009 we had 2.59 months of housing supply for sale in the above markets, this is referred to as the Listing/Absorption rate. 2.59 months is an excellent inventory compared to many markets that have over 12 months housing supply for sale. The supply and demand scenario in our area is excellent at 2.59 months of inventory, this gives buyers a number of properties to choose from but there aren't so many available that it drives the prices down like it has in Minneapolis, Kansas City, Des Moines and most cities in Arizona in general. However, these markets also offer many opportunities, if you are an investor, looking for a second or retirement home or want to move up now is the time to do it in these markets.

Help,

A small town I serve is allowing property owners to remove sidewalks. This is a big problem, the area is northwest Iowa, we get a lot of snow and many children still walk to school. No sidewalks is also a problem if you are handicapped, I think it could lead to some accessibility problems for the city when it comes to their streets and the ADA. Anyone have any input as how to proceed, I hope to be talking to the City Council October 5th and I would like to go in with some input from other Realtors. Thanks for the Help!