Quad Cities Real Estate Rebounds - News and Weather For The Quad Cities -

Quad Cities Real Estate Rebounds

Updated:
  • Most Popular StoriesMost Popular StoriesMore>>

  • Bettendorf Woman Charged With Sexual Abuse Of A Child

    Bettendorf Woman Charged With Sexual Abuse Of A Child

    Friday, August 22 2014 4:39 PM EDT2014-08-22 20:39:54 GMT
    A Bettendorf, Iowa woman has been arrested and charged with sexual abuse of a child. Police say 36-year-old Chesna L. Lipkowitz sexually abused a 5-year-old, 10 years ago. The victim...More >>
    A Bettendorf, Iowa woman has been arrested and charged with sexual abuse of a child. Police say 36-year-old Chesna L. Lipkowitz sexually abused a 5-year-old, 10 years ago. The victim...More >>
  • More Layoffs For Deere & Company

    More Layoffs For Deere & Company

    Friday, August 22 2014 10:13 AM EDT2014-08-22 14:13:51 GMT
    Deere and Company has made another round of layoffs. Director of Global Public Relations, Ken Golden, confirms approximately 190 employees at Moline's Seeding and Cylinder...More >>
    Deere and Company has made another round of layoffs. Director of Global Public Relations, Ken Golden, confirms approximately 190 employees at Moline's Seeding and Cylinder...More >>
  • 25 Years Of Sharon's Hairstyles

    25 Years Of Sharon's Hairstyles

    Friday, August 22 2014 5:40 PM EDT2014-08-22 21:40:04 GMT
    Let's take a look back at her first story and how her hairstyles have changed over the years.More >>
    Let's take a look back at her first story and how her hairstyles have changed over the years.More >>

The housing market is as strong as it's ever been in the Quad Cities. That according to local realtors.

It's a perfect storm of circumstances that are bringing people back to home buying. And that's making a lot of people very happy homeowners.

"We're actually very short on inventory right now, so if you're selling a house, it's the best time to sell." says realtor Tracy Smyser.

It's a simple case of supply and demand. The less of a product there is available, the more valuable it becomes.

But there is a ceiling when it comes to price in real estate.

Realtor Paul Ebeling says "a well presented property that is well priced moves very quickly in this market.

Ebeling went onto say that if a house hasn't been sold in 60 days, it probably isn't priced right. The power really goes to the buyer.

"It's definitely a good time to buy a house. Interest rates are low. For the first time buyer we have several different programs that give them ability to get into a house for almost zero down."

According to the realtors, you can expect these good times to stick around for awhile. They think the overall confidence is up in buyers and the incentives to buy have never been better.

"Interest rates continue to be low and maybe people are more confident about their jobs."

Realtors KWQC talked to say condo sales are also up. They say many sellers are looking to downsize into more manageable properties.

Powered by WorldNow

805 Brady Street, Davenport, IA 52803

Telephone: 563.383.7000
Fax: 563.383.7131
Email: news@kwqc.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Davenport, Inc. A Media General Company.