Madison Swehla - Realtor with Keller Williams Legacy Group

01/28/2022

⭐️ NEW LISTING ⭐️
4665 Stone Terrace Court Bettendorf, IA 52722
💵 $305,00
📐 1,648 SqFt
🛏 3 Bed
🛁 2.5 Bath
🚗 2 Stall Garage
🔨 Built In 1984

COMPLETE RENOVATION 2017

Where are the buyers at? Contact me for more information! ☺️

*Realtor is related to seller
Madison Swehla, Realtor®
Licensed to Sell Real Estate in Iowa
Keller Williams Legacy Group - Licensed Broker in Iowa
708 5th St Suite 2 Coralville, IA 52241
[email protected]
319-936-0603

https://picyourhouse.net/4665-Stone-Terrace-Ct

09/30/2021

Are you looking to buy a home? Historically, October 3rd-9th has shown the best balance of market conditions that favor buyers. Don't miss out on the opportunity to get the home of your dreams. Contact me today.

Are you looking to buy a home? If so, we’ve got good news for you.

09/28/2021

Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out on this unique opportunity. Work with me to take advantage of this hot sellers’ market.

09/03/2021

⭐️ NEW LISTING ⭐️
2650 1st Avenue, Coralville, IA 52241
💵 $1,700,000
📐 6,800 SqFt
🛏 5 Bed
🛁 4.5 Bath
🚗 4 Stall Garage
🏡 Ranch
🔨 Built In 2005

NEW Roof 2021
NEW Retaining wall 2020

Where are the buyers at? Contact me for more information! ☺️

*Realtor is related to sellers

Madison Swehla, Realtor®
Licensed to Sell Real Estate in Iowa
Keller Williams Legacy Group - Licensed Broker in Iowa
708 5th St Suite 2 Coralville, IA 52241
[email protected]
319-936-0603

https://picyourhouse.net/2650-1st-Ave/idx

07/16/2021

We’re still not close to a balanced market, which would be a 6 months’ supply of homes for sale. However, we are seeing a slow but steady increase in homes coming up for sale.

If you’re a buyer, more inventory coming to market is a welcome sight. More supply means more options and less competition, which could mean fewer bidding wars.

An important factor in today’s market is the number of homes for sale.

07/12/2021

A high list price is more likely to deter buyers, sit on the market longer, or require a price drop that can raise questions among prospective buyers. Reach out to me to learn how to price your house in order to increase your homes visibility and drive more buyers to your front door.

There’s no denying we’re in a sellers’ market.

06/30/2021

In today's market, many homes are getting offers over the listing price. While this is great news for the sellers, it can be difficult to navigate if the price on the contract doesn't match the appraised value for the home.

If an appraisal comes in lower than the contract price, the buyer's lender won't loan them more than the appraised value on the home. That means there's going to be a gap between the amount of loan the buyer can secure and the contract price on the home.

For example, if the contract price is $250,000 and the appraised value is $240,000, the loan amount would be for the $240,000. The $10,000 appraisal gap would need to be paid out of pocket by the buyer or a new purchase price would need to be negotiated.

Whether you are buying or selling, I am here to guide you throughout the process and help navigate the unexpected, including appraisal gaps.

In today’s real estate market, low inventory and high demand are driving up home prices.

06/25/2021

Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges.

06/23/2021

Higher home prices and declining incomes are having a significant impact on housing affordability, regardless of historically low mortgage rates. Housing affordability has declined compared to a year ago in all four major regions of the U.S., according to the National Association of REALTORS®’ Housing Affordability Index.

Mortgage payments are increasing. The monthly mortgage payment has jumped to $1,184. A year ago, it averaged $1,020, marking a 16% increase year over year, NAR notes. Also, the annual mortgage payment as a percentage of income rose to 16% this April from 13.7% a year ago due to higher home prices and a decline in median family incomes.

06/22/2021

While inventory continues to be limited, some Americans are turning to rentals, despite wishing to buy a single-family home. Single-family rents have climbed at the fastest rate in nearly 15 years. Rental demand surges, as many people turn to rentals to buy time during this strong seller's market.

Single-family rental prices have grown at the fastest pace in more than 15 years. Here’s why costs are likely to keep climbing.

06/21/2021

When it's time to make an offer on a house, you’re looking for the perfect place to call home. In today’s market, there's just one problem. There aren’t that many homes available to purchase.

With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re ready to make an offer:

When it comes to buying a house, you’re looking for the perfect place to call home.

06/18/2021

When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.

On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.

If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.