From Trulia…
“Based on asking prices and rents during the summer of 2012, buying is now 45% cheaper than renting in the 100 largest U.S. metros, on average – that’s a savings of $771 a month. If you plan to stay in a home for 7 years, which is the average time that Americans traditionally live in a home before moving again,it is more affordable to buy than to rent in ALL of the 100 largest metros in the U.S.”
From the Wall Street Journal…
“It’s no secret to anyone who has paid attention to housing markets over the past year that the number of homes for sale has dropped sharply.
New interactive maps from Zillow help show where the inventory declines have been the most dramatic and at what price points….” Read the article
Year over year stats show just how much the real estate market in Ames has changed since 2011. Questions? Contact us. We know the market and are happy to help you make informed decisions related to your home or commercial property.
Caleb and Jennifer Grundmeier browsed listings for a year before they contacted a Realtor friend who helped them find a house in Roland that fit their wish list.The house backs up to farmland and boasts a large backyard for their two very active dogs. It was just the right size for Caleb, 27, and Jennifer, 26, and was less than 15 years old….”
From MSN Real Estate…..
“Depending on the location, house hunters may find themselves in a strange, transitional real-estate market that’s emerging from historic lows.
Does the buyer have an advantage? Yes, in many areas, that’s still the case. But buyers have guidelines for success in this type of market, too. They need to show that they’re serious if they hope to secure their dream house amid…..”
Hunziker & Associates, REALTORS Blog Feed