Posts from July 2011
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27
Ruhl&Ruhl Congratulates Rock Island Arsenal for Best Overall Chapter Award
20
Why Do People Actually Buy a Home?
It seems that every time we talk about real estate today the conversation immediately goes to the financial aspects of buying a home. Where are prices headed? Where are interest rates headed? Should I wait to try and get a 'better buy'? Should I wait until I can get a 'steal'? The odd thing about all these questions is that survey after survey keeps telling us that price is not the reason families actually buy a home. When money is considered at all, it is in light of not paying rent to a landlord. Let's look at two recent surveys as examples:
National Housing Survey
The top five reasons given in the survey for buying a h...
14
5 Real Estate Headlines You'll See in the Next Six Months
Making predictions can be the 'kiss-of-death' for a blog. Even if we get four out of five correct (80%), there are those in the industry who will kill us on the one we got wrong. We believe strongly that when making a real estate decision for you and your family you must look forward and take into consideration how the housing market may change. For this reason, we are willing to take on the possible wrath of our counterparts by sticking out our necks and predicting these will be the major real estate news stories from now until the end of the year. Interest Rates Rise Many, including us, have been surprised that rates have not risen already. However, the next several months are going to see three distinct changes that will propel rates upward.
- As the government starts to...
8
Ruhl&Ruhl REALTOR Assists with the Sale of Cedar Rapids Church
Cedar Rapids Ruhl&Ruhl REALTOR, Peg Cretin certainly went out of the ordinary with the listing of the Church on Fire Christian Center. With a recent deal under way the property is now pending, but Ruhl&Ruhl wanted to share an article ran in the "Cedar Rapids Gazette" on July 2, 2011. The article reads - Cedar Rapids Realtors still are in negotiations and sales are not yet final, but the 200-some members of Cedar Rapids' Peoples Church Unitarian Universalist have planned their final service at the historic downtown building with expectations to relocate to the northwest side of town. With the sanctuary at 600 Third Ave. SE under contract to be sold in August and the Peoples Church planning to relocate to the building that once housed the Church on Fire Christian Center at 4980 Gordon Ave. NW in mid-July, the last day of services under the familiar wooden rafters is set for Friday. Once they're mov...
7
Top 5 Real Estate Headlines in the 1st Half of 2011
We have reached the midway point of the year. Today, we want to look back over the first six months and give you what we believe were the five items which have had the biggest impact on the real estate industry so far this year.
The Government Wants Out of the Mortgage Business
From the original outline of the Dodd-Frank regulations to the talk of closing Fannie Mae and Freddie Mac to the proposed Quality Residential Mortgage (QRM) guidelines, the government has made it very clear that they want to dramatically limit their involvement in the mortgage industry. What will come of this? Will private industr...
