Home Sellers wait longer...says the Register

The Des Moines Register, as usual, leads with a "doomsday" headline for their article on the housing market. Although there is a lot of press about the housing sales being slow nationally, the Des Moines market is generally stable, in the past, the present...and no reason to doubt, in the future. First-quarter home sales in Iowa increased 8.2% from a year ago, while nationally, sales dropped 6.6%. Also median home prices in Des Moines increased 3.5% to $144,500 from a year ago, while the national sales price dropped nearly 2% for the first quarter. A key factor is the job market. April's unemployment rate in Des Moines was 3.1%, state wide rate 3.4%, and national rate is 4.5%. The Des Moines Area Association of Realtors showed the market had 453 more homes on the market in April than a year ago. So buyers...get ready! You've got more than the usual inventory to choose from. Despite the negative slant the Des Moines Register wants to present..Des Moines is a great place to buy or sell real estate, and The Eisenlauer Team would love to help you. After all, We're Easy to Work With...Hart to Beat!