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How Many Homes Sold Last Week?

by Morse Real Estate

Kids are back in school but it hasn’t slowed the housing market down. Just over the last weekend, our brokerage had a listing that received over 20 written offers on it! 

Here are the number of homes that have sold in our local markets in the last week:

Homes that sold in the Omaha area: 326 Homes
Average home price: $208,572
 
Homes that sold in the Council Bluffs area: 29 Homes
Average home price: $161,066

To find out more about what your home is worth, contact one of our experienced agents today!

Listings SOLD in 10 days or less

by Morse Real Estate

With a knowledgeable agent, attention to detail and the right market, homes can be listed for sale and purchased within a few hours. Today's market is full of fast sales and happy buyers and sellers. See the 4 listings below that have sold in less than 2 weeks!



1034 E Washington Avenue, Council Bluffs, IA 51503
This home was listed by Mike Morse after it had been on the market for 122 days with another agency. It is a 4 bedroom, 1 bathroom home with 1,561 finished square feet. In less than 24 hours with Mike, it was sold!


550 Coronado Circle, Carter Lake, IA 51510
This beautiful ranch is seated right on the water and boasts 2,971 finished square feet with 4 bedrooms and 3 bathrooms. Abby Tietsort got this incredible home listed and sold in only 6 short days!


9 Windsor Avenue, Council Bluffs, IA 51503
Located in a desirable, east-end neighborhood, this split-level is beautiful on the inside with 4 bedrooms and 1.75 bathrooms and a large, fenced backyard. Christy Rhoades found a buyer for this home before it was even listed for sale!


2119 N 120th Avenue, Omaha, NE 68164
This bank-owned townhouse in Omaha had multiple offers and was listed by Mike Morse and sold within 10 days! It features 1,807 finished square feet and has 2 bedrooms and 2 bathrooms.

Speak to one of our agents today to find out how to prepare your home for a fast sale!

Most Expensive and Cheapest Homes Sold in July

by Morse Real Estate

The month of July is officially behind us and August has begun. That means it is time to look at the cheapest and most expensive homes sold last month.



Photo Credit: Douglas County Assessors Office
1. Cheapest home sold in Omaha
For a whopping $12,500, this 1.5 story home in Omaha was on a 137 x 100 lot with 2 bedrooms and 1 bathroom. This tiny home had just under 840 square feet including a full basement. It was on the market for just 2 days before being paid for in cash.



Photo Credit: Douglas County Assessors Office
2. Most expensive home sold in Omaha
Located in the Fairacres subdivision on 1.36 acres, this 2.5 story brick home offered 6 bedrooms and 6 bathrooms with full basement for $1,552,000. It featured over 6,200 square feet and annual taxes of $28,132. Remarkably, it was only on the market for 1 day selling to a conventional buyer with 20% down.

 


Photo Credit: Google Maps
3. Cheapest home sold in southwest Iowa
A buyer finally snagged this home in Shenandoah after it was on the market for 328 days. They paid $7,500 cash for 968 total square feet featuring 2 bedrooms and 1 bathroom on the main floor.



Photo Credit: PottCo.org
4. Most expensive home sold in southwest Iowa
The most expensive home sold in southwest Iowa was purchased in Council Bluffs last month for $795,000 after only 6 days on the market. The brick, ranch-style home with over 5,300 square feet had a private drive, outdoor kitchen, in-ground swimming pool with 5 bedrooms and 4 bathrooms all on 4.5 acres. 

Want to know more about the homes selling around you? Click to find an agent.

How Many Homes Sold in the Last 7 Days?

by Morse Real Estate

Since July 29th, the market has picked up substantially in both Omaha and Council Bluffs areas. Prices are going to continue to climb, act now before you are priced out of your future home.

If you are on the fence about listing your home for sale and debating whether now is the time to move on with your plans of relocating… don't wait!

There are more buyers that are ready, willing and able to buy their first, second, third, or investment property now than there has been in years! The supply of homes for sale is not keeping up with the demand of these buyers.

Listing your home for sale now will give you the most exposure to buyers and the best sales price.

Homes that sold in the Omaha area: 162 Homes

Average home price: $188,035
 
Homes that sold in the Council Bluffs area: 30 Homes

Average home price: $179,678

To find out more about what your home is worth, contact one of our experienced agents today!

Hydrant Party Time

by Christy Rhoades

It is time for the sound of water roaring through the broad opening of a nearby hydrant and screams of delight as the cool water splashes everyone on the hottest days of the year! Visit with the neighbors, watch the kids and enjoy the fun.

Click to download the neighborhood hydrant party schedule for Council Bluffs. 

Families in Business

by Christy Rhoades

This week our brokerage was featured in the “Families in Business” write-up in the Daily Nonpareil, a publication serving Council Bluffs and southwestern Iowa. Mike, my father and owner of the company, received a call asking if he wanted to be interviewed for the newspaper. We were very excited to be thought of since we are very much a ‘family in business’ and have been since 2011. During a very busy week, my father, my brother and I were able to get an updated portrait from A Better Exposure out of Omaha. Getting all three of us together at the same time seems to be getting more challenging as the months pass but somehow we were able to make it all to the appointment.

Some families are not able to work well together, but luckily we have found a groove where each of us are able to utilize our past experiences to grow the business. Our current agents are amazing and we cannot wait to see what the future holds!

Click the article to enlarge and read it. Share it with someone who would like to buy or sell now or in the future.

Here is another photo taken that day (click to enlarge):

What do you think? Which is your favorite?

Written by Christy Rhoades

How Many Homes Sold in 7 Days?

by Morse Real Estate

Since March 21, the market has picked up substantially in both Omaha and Council Bluffs areas.

What Does This Mean For Buyers?

There is a lot of competition out there right now for your dream home. Prices are going to continue to climb, act now before you are priced out of your future home.

What Does This Mean For Sellers?

If you are on the fence about listing your home for sale and debating whether now is the time to move on with your plans of relocating… don't wait!

There are more buyers that are ready, willing and able to buy their first, second, third, or investment property now than there has been in years! The supply of homes for sale is not keeping up with the demand of these buyers.

Listing your home for sale now will give you the most exposure to buyers and the best sales price.

Here are the statistics for the last 7 days:

Homes that sold in the Omaha area: 194 Homes

Average home price: $200,175

Homes that sold in the Council Bluffs area: 29 Homes

Average home price: $129,143

To find out more about what your home is worth, contact one of our experienced agents today!

 

5 Fall Staging Ideas for Your Listing

by Morse Real Estate


Here are some great ideas to update your listing and add some pizzazz during these cozy fall months to entice buyers to stay a little longer.

1. Add in some fall scents. Smells of apple pie, pumpkin and cinnamon, and leaves all can offer up buyers a cozy, warm feel for fall. Try scented candles or melted wax in warmers.


2. Lighten up. With shorter days, be sure to take advantage of the natural light as much as you can by opening the drapes and blinds. You may also need to add more light in with floor and tabletop lamps.


3. Rake the leaves. The leaves will soon be falling and great curb appeal is important for your listing. Rake up leaves and be sure to trim back any overgrown or dead plants. Also, trim trees and hedges to make sure they are not overshadowing the home’s windows or porches.


4. Decorate with mums. Some pots of orange or gold chrysanthemums can instantly brighten up a porch and deck – they’re cheap and hardy too. Also, pumpkins can add a seasonal touch and pops of color to the outside too – just be sure to not overdo it.

5. Show off the fireplace. If the listing has a fireplace, make sure it’s clean and highlighted. You probably don’t want it turned on during showings and left unattended. But you can highlight it with décor, like a simple vase of pinecones, on the mantle or hearth. During an open house, when a real estate professional is present, you may want to have the crackling fire on to add to the home’s coziness this fall.

5 Fast Stats for August

by Morse Real Estate

The month of August is officially behind us and September has begun. That means it is time to look at 5 interesting details for the month of August!

1. Cheapest home sold in Omaha
Not even bank-owned, this property sold for only $16,500 in 3 days. Seller paid cash for this vacant 2 bedroom ranch with appliances included and hardwood floors.

2. Most expensive home sold in Omaha
Have you ever wanted your own tennis court? You could have bought a home with a private one outside AND a basketball/sports court inside the lower level. It featured over 9,200 square feet, portico, 5 car garage, large office, game room, rec room, and all for $1,225,000. It was only on the market for 48 days. Don't forget the $26,636 due annually for taxes.

3. Cheapest home sold in southwest Iowa
A bank owned, bargain selling for just $10,600 in Mondamin. This ranch had 3 bedrooms, 2 baths, half an acre of land and was in need of serious TLC.

4. Most expensive home sold in southwest Iowa
For $433,000, you could have owned a custom ranch on just under a 1/2 an acre at Fox Run in Council Bluffs. It featured TWO master suites, 4,400+ square feet, 3 fireplaces, a full second kitchen and a waterfront view.

5. Number of homes and condos sold
There were 1,302 homes and condos sold in southeastern Nebraska and southwestern Iowa in the month of August. That is a lot of paperwork!

Which part of the real estate transaction makes you the most curious? Let us know.

 

Statistics for July 2015

by Morse Real Estate

Market Statistics for July 2015

See the charts below for the most up-to-date market statistics for southwest Iowa.


The southwest Iowa market statistics for July are impressive. As you can see in the first chart, homes are selling nearly twice as fast this year in July than compared to last year! A home in this area is averaging only 48 days on the market. That is a fast sale especially for the Midwest.

The second chart shows us that July of 2015 was a record breaking month when it comes to how quickly homes are selling. Making it the fastest turn around since at least July of 2012. All of this data represents a seller's market full of fast-moving and ready buyers!

A summary of the city specific data above shows the average number of days a Council Bluffs home was on the market in July was 41.9 days and 38.8 days for homes in Glenwood. Homes in Carter Lake and Crescent are selling in under 34 days!

The median sales price for the entire market has increased this year by nearly $7,000 which is great news for most homeowners in the area. It means that their real estate investment is increasing. Council Bluffs homes saw an average increase of over $17,000 in their sales price. Overall, Glenwood actually saw a decrease from last year of over $14,000.

A lot of factors are in play in the market which affect the average sales price. Be sure to speak with one of our knowledgeable Realtors to get specific information regarding your property and needs.

Data sourced from Iowa Association of Realtors

 

Displaying blog entries 11-20 of 47