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

Quad Cities Real Estate Rebounds

Updated:
  • Most Popular StoriesMost Popular StoriesMore>>

  • Verdict of Davenport Vehicle Homicide Case

    Verdict of Davenport Vehicle Homicide Case

    Friday, April 18 2014 10:32 PM EDT2014-04-19 02:32:10 GMT
    DAVENPORT, IA -- A Scott County Jury deliberated on whether a man should be held responsible for a pedestrian death. The trail against driver, Dale Varner, happened this week. In September 2012, VarnerMore >>
    DAVENPORT, IA -- A Scott County Jury deliberated on whether a man should be held responsible for a pedestrian death. The trial against driver, Dale Varner, happened this week. In September 2012, VarnerMore >>
  • Teen Accused Of Setting Muscatine Apartment On Fire

    Teen Accused Of Setting Muscatine Apartment On Fire

    Thursday, April 17 2014 4:46 PM EDT2014-04-17 20:46:44 GMT
    A teenager is facing serious charges in connection with an apartment fire in Muscatine. According to the Muscatine County Attorney, 16-year-old Benjamin Phillips is accused of setting the fire to the twoMore >>
    A teenager is facing serious charges in connection with an apartment fire in Muscatine. According to the Muscatine County Attorney, 16-year-old Benjamin Phillips is accused of setting the fire to the twoMore >>
  • Another Dog Declared Vicious In Bettendorf After Attack On Woman

    Another Dog Declared Vicious In Bettendorf After Attack On Woman

    Friday, April 18 2014 10:31 PM EDT2014-04-19 02:31:26 GMT
    Sara Smith of Bettendorf charged after dog biteSara Smith of Bettendorf charged after dog bite
    Another dog has been banned from Bettendorf. It stems from an incident earlier this week when a group of dogs got lose from a home in the 3200 block of Westmar and one of them attacked a woman. PoliceMore >>
    Another dog has been banned from Bettendorf. It stems from an incident earlier this week when a group of dogs got lose from a home in the 3200 block of Westmar and one of them attacked a woman. PoliceMore >>

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.