Company Logo
Contact us: 563.441.1776
SIGN UP Sign In
Company Logo
Ruhl&Ruhl REALTORS

Subscribe and receive email notifications of new blog posts.




rss logo RSS Feed
Buying a Home | 87 Posts
Career in Real Estate | 7 Posts
Community Events & Activities | 92 Posts
Company Events | 19 Posts
COVID-19 | 4 Posts
Facts and Trends | 17 Posts
Farm and Land | 19 Posts
Featured Properties | 14 Posts
Home Price Appreciation | 18 Posts
Home Tips & Tricks | 21 Posts
Homeownership | 20 Posts
Market Updates | 47 Posts
Mortgage Rates | 3 Posts
NAR Survey | 4 Posts
Nelson Brothers | 2 Posts
New Construction | 17 Posts
Other Related News | 91 Posts
Parade of Homes | 11 Posts
Power Broker Survey | 1 Posts
Press Releases & Interviews | 46 Posts
Quad Cities | 3 Posts
Recognition | 44 Posts
Ruhl Commercial | 4 Posts
Ruhl Mortgage | 30 Posts
Selling a Home | 61 Posts
Why Realtors? | 5 Posts
house improvements window treatments winter preparation holiday declutter owning a home home buyers home sellers inventory mortgage rates company events toys for tots inspections real estate specialist realtor using a realtor farm and land farmland land values selling farm land home buying home selling real estate trends home price appreciation residential real estate sales volume best year ever commercial real estate facts and trends iowa brokerage iowa real estate largest independently owned eastern iowa eastern iowa real estate home appreciation buying a home loan approval mortgage mortgages preapproval interest rates costs involved home improvements taxes Brokerage Rankings Real Estate Ranking RealTrends500 Top Independent Dubuque Community CNBC homeownership house appreciation housing market inflation midwest real estate sellers market worldwide exchange economics house appreciate house price percent change Amana Colonies Iowa City IA Iowa City Shopping Shop Local University of Iowa Cedar Rapids IA Cedar Rapids Community Events Corridor Community Events Czech Village NewBo The District Ruhl Mortgage Buyers Market Homebyers Housing inventory Real Estate Clinton Community Clinton Restaurants Fulton IL Clinton IA Apple Picking Burlington IA Dubuque IA Galena Muscatine IA Pumpkin Patches Quad Cities cleaning tips spring prep building a home new construction Bettendorf IA Davenport IA Fall Activities Farms Moline IL Orchards Silvis Local Businesses Outdoors Things to Do For Buyers Home-Buying Tips Iowa Quad Cities Illinois Quad Cities Community Rock Island Home-Selling Tips For Sellers DeWitt, IA Home Improvement Restaurants Parks Recreation Iowa Mutual Lofts Apartment Living Moving Relocating Food & Drink Home Maintenance Homeowner Tips For Owners Local Attractions Dubuque Area Holidays Shopping Remodeling Staging East Moline Coal Valley IL builders new construction homes Milan Financing First-Time Buyers New Bohemia District (Newbo) Northwest Quadrant - Cedar Rapids Northeast Quadrant - Cedar Rapids Clinton Area
English
September
30

September 30th, 2022 by

Despite what outside sources may suggest, the real estate market slowdown was predicted by many in the industry months before it occurred. As expected, the housing market needed to come down from its pandemic high. What we are experiencing today is what Chris Beason, president of Ruhl&Ruhl Realtors said needed to occur to have a healthy, neutral market. In a July interview with Brian Sullivan of CNBC's Worldwide Exchange, Beason stated, " It needs to slow down, it's been artificially stimulated for a while, and it's going to be great if we can get back to 2018-2019 numbers, which is much more normalized. And in the long term that's going to be healthy for everyone involved." And indeed, it is healthier for all including real estate professionals, homebuyers, and home sellers. "We're turning it back into a healthy market," said Kendra Mulcahy, REALTOR® at the Ruhl&Ruhl Davenport office and current Board of Directors President at QCARA.  A market that doesn't stress buyers and sellers with competition and overstimulation.

End of Summer Snap-Shot

Ruhl&Ruhl experienced one of its best Augusts on record, with 22.7% more in sales volume than the previous year. Listings were also up 12.2% compared to last year at this time with 310 new properties listed over 275 in 2021.  September also is turning out to be a promising month with more listings available for potential buyers compared to last year. And as the summer heat dies down and the crisp air creeps in, the market also follows a similar cadence every year.  Naturally, the fall months experience slower activity with the start of the busy holiday season just around the corner. However, for buyers who continue the search during the fall, this season can be a great time to search for a home, as you tend to experience a less crazed market. You also tend to have more flexibility with scheduling and vendor appointments. 

Assemble Your Trusted Team

It's vital to be informed and receive information in a way you understand it from people you know, like, and trust! No one has their pulse on local housing market trends more than your Realtor and your preferred mortgage lender. If you are looking to purchase a home now or in the near future, get your trusted professionals lined up so you know you are getting accurate and timely information when you need it most.  If you are not yet connected with a real estate professional, Ruhl&Ruhl has over 300 agents throughout eastern Iowa, western Illinois, and southwest Wisconsin. We have residential sales offices in Bettendorf, Burlington, Cedar Rapids, Clinton, Davenport, DeWitt, Dubuque, Iowa City, Muscatine, Iowa; and Galena and Moline, Illinois.  
Categories: Facts and Trends

Let Us Help

Not finding what you are looking for?

Call or Text 1.563.441.1776

Let‘s Connect

Login to My Homefinder

Forgot Password

Register

Pixel