The Iowa Business Record reports that the foreclosure activity in Iowa has declined to 2.1% of all outstanding home loans for Sept. The figures are from CoreLogic Inc. Our state is not amongst the best or worst (depending on your viewpoint) of the American states for number of foreclosures. Lenders completed 3,380 foreclosures in the state of Iowa during Sept 2012. Trends in first-time home-buying – home ownership rate of 30-34 year old continues to fall. This is a critical age range to track because this is the age group that is typically first-time home buyers. This is also the age-range that are most likely to be burdened with student loans. When this number begins to grow again, that will be a good indicator of economic recovery. Nearly half of the homes in the United States have inside stairs. Renter-occupied houses are more likely to be without stairs. Here in the Midwest, 65% of our homes have indoor stairs. In comparison, the South and the West have 35% with stairs. This has absolutely nothing to do with economic recovery and is only mildly noteworthy! Another totally useless bit of information – The average man in the United States weights 195.5 pounds. The average woman is 166.2. This is actual weight, not “reported” weight. If you want more information about any of these facts and statistics, don’t call the Eisenlauer Team. BUT, if you want to know about the local real estate market – we’re the go-to team!Bill 770-2455 Bob 979-2883
Recent Comments