Calculating real estate taxes when you sell a home in the Iowa City area is a pretty complicated process. When you’re in the planning phase of selling your home the best plan is to calculate paying one year’s real estate taxes at closing. This will give you a number close to what you will pay. […]
Selling a Home in Iowa City – Why “testing” the market has its caveats
How do you know you’re setting the right price when you list your home for sale in the Iowa City area? This is a concern for all sellers when they put their homes on the market. It’s hardly surprising that the question “Can we list at a higher price and test the market for 30 days?” is such […]
Listing Your Home in Iowa City – A sign that “pops” and a marketing plan to match!
Is now a good time to list your home in Iowa City? Yes it is, and here’s why… We live in a college town. The University of Iowa and The University Hospitals are the biggest employers in the Iowa City area. Pretty soon we’ll have a lot of incoming Faculty, Students and Residents all looking […]
Iowa City Real Estate: Market Trends & Absorption Rate
The absorption rate gives us insights on the turnover rate of homes on the market. This is a useful tool for buyers and sellers to gauge how the real estate market in the Iowa City area is trending. Here’s how it’s calculated: The first step is to determine the number of homes sold in the […]