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Latest Realty News from NAR

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly report by the National Association of Realtors®.

The national median existing single-family home price in the second quarter was $255,600, which is up 6.2 percent from the second quarter of 2016 ($240,700) and surpasses the third quarter of last year ($241,300... Read More

Realtors® Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in Sales Transaction Volume

WASHINGTON (August 2, 2017) – Commercial real estate markets continue to improve, with Realtors® specializing in commercial real estate reporting both an increase in member’s gross income and sales volume, according to the National Association of Realtors® 2017 Commercial Member Profile.

The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and... Read More

Pending Home Sales Recover in June, Grow 1.5 Percent

WASHINGTON (July 31, 2017) — After declining for three straight months, pending home sales reversed course in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors®.

The Pending Home Sales Index*www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, climbed 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May. At 0.5 percent, the index last month increased annually... Read More

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Roy Nowers 319-350-4042
Claudette Roby 319-360-0101
Diana Hansen 319-350-9654
Skogman Realty
110 Dina CT Ste A
Cedar Rapids, IA 52411
Fax: 319-364-7613
Email: robyteam@skogman.com

Testimonials

"I have been so thankful to hire such excellent Realtors that have listened to my every need. In an economy that has frustrated many of us you have stayed upbeat and positive. I have appreciated the attention to detail that you provided in our listings and the GREAT marketing materials you showed the community to make our homes widely viewed. It is obvious why you have been in the business so long. Thanks so much for all your help." Amy Garmin
"I have worked with the Roby Team for several years in the purchase and sale of multiple properties and thoroughly enjoy our business relationship. They keep me up to date on the market conditions and move quickly when we see and advantageous purchase. Their rapport with the other agents in the community allows them to negotiate offers and deliver results in a timely manner. When they market my properties they are able to give me advice in presentation as well as pricing to sell quickly. Their marketing plan is extensive and first rate. I have been pleased with their attention to detail and overall service and will continue to work with them in the future." Justin Duckett
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