Sharon's Blog                                        

Happy New Year! 

And what a great year this will be!  We are already “cheating winter” compared with last year…hurray!  And the economy is looking brighter!  Open house traffic is picking up, the lighting, flooring and cabinetry vendors we feature on Open House are reporting that their phones are ringing and showrooms are busy with folks ready to update and improve their living spaces.  We have been shooting some terrific custom homes and remodeling features to share with you, so remember, if you miss a show, just watch it online on this website, by going to our front page and clicking “watch show”.  You can also watch individual features now by clicking the “feature” tabs.

And now, for an important topic-Real Estate Professionals!  One of the biggest financial investments you will ever make in your lifetime is buying a home, and so it is critical that you look to the professional services of a realtor!  Smart sellers realize they need the expertise in pricing their home, and working with an agent who has buyers and is connected to an office with buyers.  The National Association of Realtors reports that 85% of sellers nationally last year were assisted by agents when selling their homes, and 79% purchased homes through an agent.  Jake Stanton, COO of Prudential First Realty says, “There are two events that will save a seller more money that what they will pay a realtor in commission, and those events are the 48 hours before the home goes on the market, and, the transactions that occur the two weeks before the property closes.  Not to mention the marketing that a realtor can offer to help sell your home.” 

Look to a real estate professional when you buy or sell your home!

Sharon


Well I guess life just catches up with us sometimes...and that is the only reason I have for not blogging lately!  My husband and I have a son in college, and a daughter who is heading to college next fall.  She not only has to be accepted into the university, but she auditions to be accepted into dance programs at the colleges.  So we've been hitting the road and she's been dancing her heart out!  She has been accepted at a few...one being the University of Iowa, which is actually one of the top ten dance performance colleges in the country!  This seems to be a very well kept secret...but the university's former Hancher auditorium has put U of Iowa on the map when it comes to dance!
And now...onto homes!  We have had some really amazing homes on the show lately!  There are incredible bargains out there when it comes to executive homes.  As far as new construction...homes in the $400-500,000 range need to be sold so the builders won't have to heat them through the winter, (and pay on the loans) so if  you've been watching Open House, you've seen some dramatic price reductions!  We are also showcasing some spectacular re-sales!  Lots of homeowners are downsizing, and with today's low interest rates, this is truly and incredible time to move to that move-up executive home!!!
Remodeling has been booming!  Consumer confidence is up and homeowners are putting money into their biggest investment...their homes!  For a list of professional, qualified remodelers...and several articles that will help you know more about remodeling values and the process, check out www.remodeldesmoines.com.  If you missed a show, watch it online-we've had a surge of remodeling features lately!
Work is being done on the Open House website...so soon you'll see an even better site!  You can now not only watch the show on the site, but watch individual features over and over! My holiday plans include spending lots of time with my husband, Bill, and son Ryan (a student at UNL-go Huskers!) and daughter Haley.  We like to cook, watch movies at home...and I may even do some scrap-booking!   I am also studying for the real estate license exam...so that I will know all I can about this business! 
Stay safe and warm and I pray you will prepare your hearts for the reason for the season, the birth of our Savior!
Sharon
 

Don't Miss the Tour of Remodeled Homes this Month!

I love summer, so saying goodbye to this season is difficult….especially since we all know what lies ahead! Snow! However, fall is terrific for many reasons. Every fall professional remodelers, all members of the Remodelers Council of the HBA showcase their latest projects to the public. The Tour of Remodeled Homes is taking place Saturday and Sunday, September 18th and 19th. Tickets are $10 and are available at any of the homes.

Imagine what can happen when you take out a wall that divides the kitchen from the dining room…and use that extra space …along with stunning new cabinetry, counter tops, lighting and appliances to create and Asian-inspired kitchen! You can see this on the tour! And how about those bathrooms we don't really like but put up with…several homeowners have said "Enough!" and you can see some truly inspiring spa-like master baths on the tour.

How about kitchens that don't function well, here's your chance to see what makes kitchens work as hard as the cook! Three of the homes on the tour are considered "whole house" remodels! One remodeling project involves re-configuring existing space to meet the needs of the homeowners! Now that's a great way to save money and add function!

Remodeldesmoines.com is where you can get all the details! There is only one event like this every year-so don't miss it!

Happy September!

Sharon


Is Summer Really Over?

It's hard to believe that the Iowa State Fair is over, Home Show Expo is only a memory...and my kids have headed back to school! My son is a sophomore at University of Nebraska, and my daughter will head off to college next fall! We are busy scheduling college visits in between TV shows. I hope you have been enjoying our shows...from million dollar custom homes, to fabulous resales to features on how remodeling truly transforms spaces, we enjoy bringing you several new ideas each week!
We are currenly shooting several of the Tour of Remodeled Homes projects...you really have to see these new spaces! And you can! September 18th and 19th you will be able to tour 18 homes that have been recently updated by members of the Remodelers Council of Greater Des Moines' HBA! I have seen several already-walls have been taken down, new floors and finishes added, clever storage ideas, the latest in cabinetry and counter tops...one house even features a room just for the dogs! A traditional WDM 2 story now boasts an Asian inspired kitchen, and an Ames home features a minimalist kitchen with custom cabinets and incredible storage!
The Remodelers Council website www.remodeldesmoines.com is where you can get more information!

And let's talke interest rates! We all thought 5% was incredible, now some 30 year mortgages are locking in at 4%. How about it!?! Talk about something that should really be getting potential buyers off the fence! As we all know, this won't last forever, so if you are even thinking about buying a new home...talk to your real estate professional today! Look for super offers in new construction too-builders don't want to heat these homes over the winter, so many are offering special incentives and price reductions!
Have a great end to your summer and be sure and put the Tour of Remodeled Homes on your calendar!



Hi everybody! The Real Estate Market was sizzling in April and May.the tax credits for first time homebuyers and move-up buyers really got things going! And now while some people may think that they "missed out" on the opportunity if their home didn't sell in time to buy new, or they just stayed on the fence too long-there is still good news!

Hard to believe, but interest rates have dropped so low that you may even save more over the life of a 30-year loan NOW than you would have with the tax credit! It's true! However, rates can go up, so even as we move into July.and the holiday over the 4th, really consider making that move! There are still new construction homes that are ready for families.and some under construction that can be completed by fall.you may even get to choose your countertops, carpeting, paint colors, and more!

If you love where you live, and just want to freshen up the spaces, or remodel your kitchen or baths, always remember to use a member of the Remodeler's Council of Greater Des Moines' HBA! These professionals are held to a strict code of ethics and you can be assured that your project will be done in a timely, professional manner! How do you find a member? Go to www.remoldeldesmoines.com!

Lots more on remodeling in my next blog, as the Tour of Remodeled Homes is in September!

Homebuyers.agents are telling me that sellers may not sell their homes for as much as they would like in this market, but buyers will likely purchase a home at a decent price and enjoy a terrific mortgage rate! ALWAYS list your home with a real estate professional! Don't waste valuable time trying to sell it yourself, ask anyone who has tried!

Happy Summer!

Sharon

 

May is National Remodeling Month!

The NAHB (National Association of Home Builders) has proclaimed that May is National Remodeling Month. And this comes as no surprise to me…it’s a great time of year to consider remodeling because of the weather! If it’s a kitchen remodel, you can take advantage of the nice weather and cook out, or drive through your favorite fast food restaurant and go on a picnic! Remodeling often means new drywall and paint…new floors and countertops, and this does mean dust so why not tackle these projects when you can have the windows open!?!

This month on Open House we begin a new 6-part series on kitchen remodeling! We’ll take the viewer through the process from start to finish! You’ll hear each week from the professional remodeler tackling the project, and we also get the homeowner’s perspective on the process! A lot of great information is coming your way so be sure and join us Sunday mornings at 11:00 on abc5!

The real estate market has been very active…maybe that can be the excuse I use for why my blog hasn’t been updated in awhile…:) The tax credits and incentives did exactly what the government hoped they would do, they stimulated a down market! And now with fewer homes on the market, and interest rates that are still attractive, COO of Prudential First Realty, Jake Stanton, says the market is sure to remain strong!

Remember, if you are considering a remodeling project, start with a professional! Members of the Remodeler’s Council of Greater Des Moines are trained professionals held to a strict code of ethics. They know about tax credits and incentives for energy efficiency…and can help you add value to the most important asset you own, your home! Get a list at www.remodeldesmoines.com Until next month…enjoy!

Sharon


February 19th, 2010
Home is Where the Heart Is!
Seems like we've had a VERY long winter...and if you're like me, you've been spending a lot of time at home! It's been so unbelievably cold and snowy, that once I get home, I just stay put! Earlier today I had the pleasure of touring a new custom home and meeting the homeowners before the shoot. This is truly one of my favorite parts of the job...seeing a home that a family has been dreaming of and planning for come to life! This particular home sits on a high lot in West Des Moines and has a view of downtown Des Moines! The husband likes traditional, the wife likes contemporary, and they, along with the builder and their decorator, have done an incredible job of blending styles and creating a floorplan that fits this family to a "T"! Open House will feature this home on the 28th...and again (it's big-and takes two features to show the entire home!) in March! Features include a pyramid ceiling..."barn style" hardwood floors...a barreled ceiling hearth room-you're gonna love it!
While many people have attended the annual Home and Garden Show, I'd like to personally invite you all to the Home and Remodeling Show 2010! This event will take place March 12th, 13th & 14th at the Varied Industries Building at the Fairgrounds. It's FREE and professional builders and remodelers, all members of the Home Builders Association of Greater Des Moines, and the Remodelers Council, will be at the event. A great chance to bring your ideas, whether they be pictures of your existing spaces that need some sprucing up...or pictures from magazines of rooms that you like...and talk to the folks who can take care of your remodeling needs!
That is what is different...nobody from this show is from out of town-just representing a company....these are all local construction professionals who will DO the work, so this is a great chance to talk with builders if you are thinking of building....or interview remodelers if you want to freshen spaces in your home or add on! And, you can do so with the confidence that this group of professionals are held to a strict code of ethics, which is why Open House only allows members of the HBA and Remodelers Council to participate on our show. So mark your calendars, collect your photos and clippings, and get ready to meet some terrific builders and remodelers! There will also be local experts in lighting, flooring, cabinetry, countertops, windows and siding on hand. It'll be a great event, and I hope to see you there!
We have some terrific TV features coming up...whole house remodels in Clive and Urbandale...really spectacular custom homes, and lots of home technology for you to see! If you can't join us Sunday's at 11:00 on abc5, you can watch the show online on this website by clicking on "watch show" on our front page! Move your mouse and click on the little box and the show comes full-screen.
'Til next time-have a great day! Stay safe and warm!
Sharon
Winter Wonderland!      December 2009
 
While the weather outside is a bit frightful, the real estate market is looking much more delightful!  The first-time homebuyer tax credit has been extended, and a new tax credit, aimed at the "move-up buyer" is now in place!
 
What does this mean to you?  If you have lived in your current home for 5 years or more and buy a new home (existing or new) you are eligible to receive a $6,500 tax credit!  Sales contracts need to be drawn up by April 30th, 2010....and closed by June 30th.  And for first-time homebuyers, the $8,000 tax credit will continue, with the April 30th deadline also.
 
As Jake Stanton, COO of Prudential/First Realty shared with us on a recent show, the move-up buyer needs to act now!  Get your house spruced up and listed soon, so that you can take advantage of this new tax credit!  Don't wait for spring, because it could be too late.  This new extension and expansion of the tax credits has successfully created a renewed interest in the housing market, and as a seller, you need to take advantage of the interest now!  Typically during the holidays, there is a slow down of open houses, but this is the perfect time to call your favorite handyman (preferably a member of the Remodelers Council of Greater Des Moines .....see www.remodeledesmoines.com for a listing) ...get your home looking its best, and start interviewing agents.
 
Questions to ask agents could include:  how do you plan to promote my home as your listing,  will you be holding the home open, and what price do you feel we could get for our home?   Want to find out more about what agents offer?  www.firstrealtyhomes.com, www.iowarealty.com, www.coldwellbankermag.com, are informative websites that will answer most questions and lead you to real estate professionals.
 
Buying a new home can be a positive and rewarding process!  And remember, come January 10th, The Open House Television Show will be taking viewers on tour, room by room, of homes for sale in the metro area.  We'll also be featuring local remodeling before/after projects and introducing our viewers to new products for the home and building techniques.   Watch us Sundays at 11:00am on abc5, or on line at www.openhousetelevision.com Just click on "watch show" and you can see the most current TV show!
 
Have a safe and happy holiday season with your loved ones!  My son will be home from college, and our daughter just finished 3 wonderful "Snow" performances in Iowa Dance Theater's Nutcracker, so we are looking forward to some good old-fashioned family fun!  We plan to re-connect with friends, (I love to cook and have people over!) and eat out at our favorite local restaurants!  And, of course, observe the reason for season!!! 
 
Merry Christmas and Happy Holidays!
Sharon
 

Preparing Your Home to Sell!

It is still a “buyer’s market” and buyers are out in full force!  September’s homes sales this year were up 41-½ % from last year’s numbers!  The 8 percent tax credit has been successful in generating sales, which winds up moving the entire market…including the mid-level to high-end market as well.

So how does a seller prepare their home in a market where there is much competition?  We went to the experts for answers!  Iowa Realty’s Sharon Hatten is a certified home stager and a real estate professional.  “Start preparing your home with the thought that it is becoming a product and must compete with other products on the shelf.  Take the “home out of your house” by depersonalizing and un-cluttering.  Try to create appeal for a mass number of potential buyers, keeping the interior neutral in content. No themes: country, lodge, Victorian, etc.  Think of a really well done hotel, it’s warm and welcoming, with clean lines and uncluttered views and each space has a specific function.”  Sharon also says that staging alone doesn’t sell a house.  She says it’s a collaborative effort between the stager, homeowner and real estate agent. 

In addition to presenting your home in its best light…price matters!  Prudential/First Realty agent Carole Essy says, “In this market sellers have to capture the attention of buyers immediately with a competitive price.  A buyer needs to see the value right away to move forward.”

So stage your home, or hire a professional stager to help move the selling process along.  Sharon’s website is a great source for more staging tips: www.roomscapesdm.com

And be sure and listen to your agent when it comes to pricing!  They know the market and want your home to sell in a decent period of time!  Enjoy the fall!

Sharon


Tour of Remodeled Homes!  

Have you looked around your home lately and thought to yourself…these spaces aren’t working for us like they could, or I wonder what it would look like if we took out a wall and added a sunroom? Well, the Remodelers Council of Greater Des Moines’ biggest event of the year is coming up…it’s Saturday and Sunday September 19th and 20th and you are invited to attend!  

Fourteen professionally remodeled homes are open to the public from 10am to 6pm both days.  The cost is $10 per person, and plan to be dazzled by these new living spaces!  Thanks to the remodeler’s participation on Open House TV I have seen most of the remodels and they are spectacular!  The wonderful thing too is that there is truly something for everyone!  Two of the “whole house” remodels include different approaches.  At the WDM home the remodeler worked within the spaces, creating a completely new, serene feeling using green techniques.  In Urbandale , the homeowners and remodelers chose to transform existing space and add new space, doubling the size of the kitchen and incorporating a much needed mud room!  

There’s a remodel project in Country Club on the tour that includes expanding the kitchen two feet…you’ll be amazed at what two feet and new cabinetry and countertops can do for a room…but a walk –in pantry and laundry room that are literally hidden from sight, but accessible to the room. As the saying goes…You have to see it to believe it!  

There are homes all over the metro, some feature updated baths, remodeled kitchens, new lower levels…the projects offer a wide range of design ideas and budget considerations!  This is a once a year opportunity, so don’t miss out!  The other selling point is the remodelers, all members of the Remodelers Council of Greater Des Moines , will be at the homes, ready and willing to tell you about these projects and welcoming your questions about your personal home!  So bring your “before” photos…and magazine pictures of what you’d like to see in your home…and ask away!  Remodeling is all about communication…relaying your ideas and desires to the remodeler, and him or her expressing how that can be accomplished.  So talk with everyone and see who you feel you communicate well with.  A great way to get your project started!  The Tour of Remodeled Homes takes place September 19th and 20th and www.remodeldesmoines.com has all the locations listed!  Enjoy!

 


WARM DAYS, COOL EVENINGS AND A SUNNY REAL ESTATE FORECAST!                                                                                                    07-29-09
 
Just what we've all been waiting for, good news in the real estate world!  New home sales rose last month faster than they have in the past 8 years!  The strongest numbers are being reported right here in the midwest with a 43 percent jump in sales!  The $8,000.00 tax credit, along with historically low interest rates, combined with builder incentives has sparked new interest in homebuying, and the public is responding!
Sales of existing homes are up too, and agents are telling me that there are bargains still out there, so be sure and watch our weekly show for room by room features of homes for sale.  Don't look back and wish you had either bought that first home or made that move up while the timing was good!
Prudential/First Realty is kicking off The HELP Program, (Home Education and Loan Protection) that offers peace of mind to buyers in the event of losing their jobs, but also benefitting sellers, by making their homes more attractive to buyers.  Watch Open House for details of this program outlined by COO Jake Stanton.
The Remodeler's Council of Greater Des Moines has been hard at work, helping one of their own.  Eric Carlson, a past Chairperson of the council, and past President Elect of the HBA, lost his courageous battle with lung cancer recently.  After Eric's diagnosis, the council voted unanimously to take on home projects that Eric had begun.  They volunteered their talents, and working with donated materials, finished 2 bedrooms, a bathroom and family room, along with finishing a garage Eric had started before his illness.  A tribute to Eric Carlson can be watched on this website by clicking on the "Eric Carlson Tribute" button on the front page.  If you are looking for a heartwarming story, this is it!
Keep watching Open House, and remember it "airs" on our website too, so enjoy lunch at your desk with us sometime!  Coming up on Open House, we'll be previewing the many homes that will be featured on this fall's Tour of Remodeled Homes."
Until then, enjoy the beautiful summer days,  Iowa sweet corn and watermelon!  
Sharon    

Flowers And SOLD Signs Are Popping Up!                    05-21-09
 
Things are looking up!!!  That's right, as most agents know, the real estate market generally picks up in the spring, and this spring is looking good!  Month after month we've been seeing an increase in sales, the stimulus for first time homebuyers is doing its job and mortgage rates are staying low...sometimes dropping below 5 %!
I wish I would have shared this news with you earlier, but I have a son graduating from Valley and we are hosting not one, but two parties for him!  Our daughter, who is 16, just performed in a recital for the School of Classical Ballet and Dance and is now preparing for "Momentum," a triple bill performance at Hoyt Sherman Place put on by Balley Des Moines.  We've been busy!
It's great to see the SOLD signs popping up...five homes in my neighborhood have sold in a recent 3-week period!  If you are an interested homebuyer reading this blog, this message is very important.  Due to restrictions on financing, and the risk associated wtih building "spec," (speculative) homes, the whole industry will be changing!!!  Fewer new construction homes will be available and so homebuyers need to take advantage of the market now, while there are still some terrific buys out there, both new construction and resale!  There are some terrific new homes being designed and built with less square footage, but including popular elements like maple and granite.  We will be featuring these homes coming up in our June shows!
May is National Remodeling month, and if you go to www.remodeldesmoines.com you will see all kinds of local projects, read articles written by local remodeling professionals, and learn about cost vs. value, green building techniques...all kinds of great information!  Our members of the Remodelors Council of Greater DSM are terrific!  Not only are they qualified professionals, they are kind, generous people.  One of our members, Eric Carlson, is bravely battling stage IV cancer.  He had started a couple of projects at his personal home, but is unable to finish them.  Remodelors from the council offer up their weekends, working with donated materials from local vendors, to finish the Carlson's basement and they are building the family a much needed garage.  These are the kind of people you would want working on projects on your home!  The web site also includes a complete listing of remodelors who are members of the council. 
Gotta run...making BBQ pork roast ahead for the party, and still have lots to do for guests!  If you are someone who likes to offer prayer for those in need, please pray for Eric and Lisa Carlson, and their children Emily, Ben, Amy and Grace.  Prayer is powerful!
Blessings,
Sharon
 

April Showers....                                                                                             04-08-09
Spring has finally arrived and not a moment too soon!  Too bad our April Showers came in the form of snow showers!  My family just returned from a trip to Colorado where we enjoyed the snowy mountains and the adventures of skiing.  The biggest change I have seen since skiing 20 some years ago-everyone wears helmets and snow borders rule!  I was not, however, a snow border!  Leave that to those fearless teens and twenty-somethings!
 
There is a change in the real estate market too!  Agents phones are finally ringing and SOLD signs are popping up in lots of neighborhoods.  For good reason too...first time homebuyers can take advantage of a true tax credit of $8,000.00!  What a terrific opportunity!  And anyone who knows anything about real estate knows that the first time homebuyer drives the real estate market!  People selling their homes will need to move up and the trickle effect begins!  Jake Stanton, COO of Prudential First Realty was telling me the other day that while the inventory of homes for sale has gone down, which is good for this market, there are still some incredible deals out there!  Don't be the person looking back someday saying "I should have moved when rates were low and the selection was great!"
 
 
Mortgage rates for a 30 year fixed are hovering above and below 5 percent!  What an awesome opportunity! 
Watch Open House each week as we bring you tours of homes for sale, and our remodelors are eager to share their transformations of homes in and around the metro!  We are excited to welcome Patrick Murphy and Associates to the show as they will invite our viewers on tours of homes for sale each week!  You can also see those on our website!
If you have questions about the market, preparing your home to sell, or remodeling or finance questions....anything related to these topics, click on our "Ask Open House" button and ask away!  We will bring you answers from the experts!  (Ever watch "Ask Aida?" on Food Network.  I want to be her:))
 
I promise I am going to get better at updating my blogs!  My next blog will focus on two topics:  May is National Remodeling month, and what that means to you, and also about builders who are focusing on that $150,000-$200,000 market! 
Have a great Easter!
Sharon

 


Welcome Sweet February!                                                                     02-05-08
January is a finally over and we can turn our sights towards spring!  If you've been watching Open House, you know that there really is good news in this real estate market!  First and foremost, mortgage rates!  Tim Bohlen, with Classic Mortgage Group, shared with us on camera that he doesn't think he'll ever see rates this low again in his lifetime!  Tim Rietz of Well Fargo Home Mortgage said that 30 year fixed rates are bouncing around either side of 5%.  This is great news!  The refinancing business is big now, and homebuyers are getting off the fence and calling agents about homes for sale!  It truly is a great time to buy a house!
And how do we know how long this buyers market will last?  We posed the question to COO of Prudential/First Realty, Jake Stanton.  "There is tremendous value in our market right now.  And to answer the question of 'when do you discover where the bottom of the market is'?  When it's too late!  Homebuyers don't want to look back and discover they've missed out, so while there still is some selection of well-priced homes, coupled with terrific rates, the time to buy is now!"
So there you have it!  Keep watching Open House Sundays at 11:00 and you will see some really wonderful homes for sale, priced to sell!  And we'll continue to introduce you to custom builders and remodelors who are all members of the Homebuilders Association of Des Moines!  That is the best place to start your home building or remodeling search...by choosing a qualified and respected member of this association.  For a listing go to www.desmoineshomebuilders.com
Coming up soon:  a new remodeling site, geared for the homeowner looking for new ideas!  Details to follow and this site will feature LOCAL remodeling projects!
Enjoy the sunshine!
Sharon

Happy New Year Friends!                                                                           01-17-09
While the weather outside really has been frightful, my kids are sure enjoying the school cancellations and early outs due to the forecast!  My kids are 16 and 17, both students at Valley, and both driving!  That is enough to make me age a little more quickly!
Well The Open House Television Show is off and running, thanks in large part to our terrific sponsors, K&V Homes, Gilcrest Jewett Lumber Company and Barnum Floors!  Watch for features on the TV show highlighting the craftsmanship and quality this custom builder and these fine associates offer! 
And speaking of the show...we are so excited about the many remodeling features we are able to offer viewers!  From whole house remodels in Winterset and West Des Moines, to renovating a farm house for family living.  Remodeling is big business and the Remodelors Council of Greater Des Moines is preparing to unveil a new website that will be all about local, professional remodelors....their projects and articles about remodeling that brings the most value to your home!
Value is a hot button word right now...and if you have thought, for even a moment, that you'd like to buy a new house (new or resale!) THIS is definitely the time!  For  very long time we've been saying that the rates are low.  Well now, they are at an all time historic low!  That, combined with homes on the market that are priced to sell, means today's homebuyer is going to get great VALUE in their purchase!
 Refinancing is big business now, as homeowners can take advantage of the lower rates, and put hundreds of dollars back in their pockets each month by refinancing.  We'll tackle that topic on an upcoming show!
When you watch our program, watch with confidence, because all of our builders and remodelors are members of the Homebuilders Association of Greater Des Moines, and the Remodelor's Council.  All are held to a strict code of ethics and receive continuous education.  And our agents are real estate professionals, all members of the Des Moines Area Association of Realtors!
Stay on top of today's market, custom builders, remodeling trends and products for the home on Open House!
Stay warm!!!
Sharon

Des Moines Makes Top Five Market List!                                             11-03-08 
 
Happy November and what a way to start the month!  Can you even believe it? Great news about the Des Moines real estate market on the national news!  Pinch me, I'm dreaming! 
Today Show Real Estate Contributor Barbara Corcoran named Des Moines Iowa as one of the 'Top Five Real Estate Markets in the Country.'
She based this on Des Moines being 'the friendliest town in the U.S.'.....having a low divorce rate, home prices up 6%, and good job growth.
This is great news!  I just got off the phone with an agent who had 8 closings this month!  Another agent I spoke with recently said this is her best year yet.  This is a market where experienced, committed agents will succeed, and others might not make it.  Agents who continue to market themselves and their listings or developments will stand out, as their competitors fade away. 
Please take the time to watch our on-line feature with experienced agents talking about our local market, and how to take advantage of the market conditions.  Between the low interest rates, builder incentives, and competitive home prices, potential first-time buyers and move-up buyers should enlist the help of an experienced agent and take advantage while they can!
 Iowa's housing market has performed better than the rest of the nation, and at a recent Homebuilders Association meeting, experts in the mortgage and consumer credit areas discussed how Des Moines is more insulated from the housing woes compared to the coastal states, and we are set to rebound more quickly. (details on this subject can be found on the last blog,)
Homebuyers need to enlist the help of a qualified, experienced agent, and get ready to enjoy the buyer's market out there!  Watch The Open House Television Show each Sunday at 11:00 a.m., as we are touring some homes this month that have a lot of extra value to them!
Happy house hunting,
Sharon

 


The Good News for Homebuyers!                                                 10-01-08
 
I've heard it said dozens of times...and Jake Stanton, COO of Prudential/First Realty makes this statement on our show: Don't react to the national news, because what's happening around the country is not the same as here in Iowa!
 
  •  When you hear about the problems with subprime mortgages, the latest data show that only 2.7% of mortgages in Iowa are in the subprime category, comfortably below the 5.6% national average, and well below Las Vegas, Phoenix, coastal Florida and parts of California reporting 8%-12%.
  • The truth is, most home owners are making their mortgage payments on time!
  • Here in Iowa, 37% of all single-family homes are owned debt-free...without any mortgage.
  • Now that the government is backing Fannie and Freddie, this should increase liquidity in the nation's mortgage markets and help restore confidence in U.S. financial markets.
  • Prospective buyers need to know that everything is going to be okay!  Housing markets, like all markets, inevitably have their ups and downs.  But as a long-term investment, homeownership remains one of the best investments for individual households with a track record that is virtually unmatched by any other purchase in terms of its real benefits!
  • Now is an exceptionally good time to shop for a new home.  Buyers with good credit, a job and steady income, will find there is plenty of mortgage credit to be had at great rates.
  • And the new $7,500 temporary first-time homebuyer tax credit-good until July 1, 2009-gives prospective homebuyers a financial incentive to get off the fence and take advantage of today's market. For details about the credit go to www.federalhousingtaxcredit.com
  • Builders are offering incentives!  Stainless steel appliance packages, trade-up offers and extending the home warranty to a full 5 years are just a few that come to mind that I've heard of recently.
This is definitely a buyer's market!  Lots of inventory in a variety of price ranges, incredibly low rates, and incentives to buy new construction.
The Iowa housing market is well positioned to return to normal conditions more quickly than national trends suggest, so don't wait too long, this buyer's market won't last forever!
 
Special thanks to Creighton Cox, Director of Government Affairs at the Homebuilders Association of Greater Des Moines for compiling this valuable information!

 

Sharon
 

Greetings blog readers!                                                                           09-15-08

 
     First things first!  There is an incredible opportunity this Saturday and Sunday to tour 19 recently remodeled homes, all open to the public!  The Remodelor's Council of the HBA of Greater Des Moines has homes throughout the metro area open Saturday and Sunday (September 20th & 21st) from 10am to 6pm.  Tickets are $10 and are available at any of the homes.
      You'll see new kitchens, baths, bedrooms and lower levels.  Homes that have been added onto and homes where the space has been gutted and completely transformed. It's a great way to get new ideas for your home, and to talk to the remodelors in person about these incredible projects!  Just click on Tour of Remodeled Homes on our front page for the addresses.
 
    Last week I promised to explain WHY it is so important to engage the services of a real estate professional when you are buying or selling a home.  
  • First, ask yourself, why trust what will most likely be the largest purchase you ever make to anyone but a professional?
  • Real estate professionals know homes.  They know the different layouts, what floorplans work well for a variety of lifestyles, and what features are important in a home.  They have the knowledge to find a home that suits your family's needs.
  • Realtors recognize the importance of location, and what amenities make a location desirable.  They know about the schools, class sizes and average Basic Skills scores.  If they don't know the information, they will get it for you! 
  • Timeframes!  Realtors know the importance of timeframes!  Whether building or buying new, or buying a resale, the timing of a transaction is critical.  Trust an expert to make this transition work for you!
  • Price!  Jake Stanton, Chief Operating Officer for Prudential/First Realty says, "Agents have laser knowledge on where the market is today.  The amount of information available to realtors is incredible.  How you price a property can dictate the success or failure of the sale of a home."
    I could actually go on forever on this subject.  Ten years working with real estate professionals...and being the daughter of a realtor, I am convinced that this is the most important first step in purchasing or selling a home. 
    But if you want more information, here's a great source:  BuyNowDSM.com  the Des Moines Association of Realtors has put together this site with more facts supporting the statement You'll never find a better time to buy a home.
 
    Blogs aren't supposed to get too wordy, so I'm going to end this one before it's too late!  Enjoy the fabulous weather that's been forecast and don't forget to spend some time Saturday or Sunday touring remodeled homes in West Des Moines, Urbandale, Clive, Johnston and Des Moines!
 
Sharon
 

Fall Home Sales                                                                                     09-01-08

 
Greetings!
What a great way to start the fall... with a new, improved website and a first-time ever blog!  There is so much I can't wait to share with you, but blogs are meant to be short and informative, so I'll just let you know up front that in weeks to come you'll find out how to get great remodeling ideas for your own home, how to choose a remodelor, and if you are buying or selling a home-maybe both-things to consider when purchasing a new home!  And we'll share expert advice on how to "stage" your home for a quicker sale.
 
It's cool and windy and cloudy today so it feels like fall.  And fall is actually a great time to buy a new home!  Summer camps, vacations and weekend get-a-ways are now a thing of the past, and typically this time of year homeowners start looking around their own homes to see if they have enough space to entertain and house holiday guests.  Of course the BEST advice I can give anyone selling their home, is to list with a qualified, professional agent, a member of the National Association of Realtors.  An agent will start by determining what price your home can be sold for.  Don't be fooled by the asking price of homes in your neighborhood that are currently for sale...a good agent will base their market analysis on what has SOLD in the last 90 days.  Prudential/First Realty's Sharon Klaus has 16 years selling experience and she offers these suggestions for a timely sale:
  • make sure the home is priced accordingly.
  • prepare your home for sale.  Paint walls, clean rooms, de-clutter, wash windows, keep the lawn and gardens well-manicured.
  • don't try to do it all yourself!  Get the kids involved.  Maybe institute a reward program!
  • recognize that this is a competitve market, and the expectations of homebuyers are high.
On my street two homes went for sale at the exact same time.  Both were 4 bedroom two stories.  One sold within two months, and the other is still for sale.  I looked at both, at the homeowners' request.  Only one took my advice and listed it with an agent and that is the one that sold!  The homeowners of the other two story are now making double house payments, as they have moved out of state for a job change.  Next week's blog will explain WHY it is so important to list your home with a real estate professional!
 
In the meantime, I'll tell you a little bit about myself.  I am a Valley grad, married to a great guy named Bill.  After graduating from college in Wisconsin, I went to work at KCCI-TV8.  That's where I met my husband, who was interning at the time....so yes, he is younger than me! :)
We have two terrific kids, Ryan is a senior at Valley, who sometimes does the "play-by-play" announcing  of the football and basketball games for Valley's radio station, and Haley, a sophomore, is dedicated to dance!  She loves ballet and pointe and takes classes at the School of Classical Ballet and Dance in West Des Moines.  We have a rescue league mutt named "Husker"....yes, we are Cornhusker fans!  And I love to cook and read.  I look forward to sharing more real estate and remodeling advice with you in upcoming blogs! 
 
Enjoy our new site, where you can watch our shows and see home tours and remodeling features.  There will be additional surprises too, and we can't wait to share them with you!  Our TV show is a 3 person show, Dan Nannen, owner of Silverwings Productions shoots and produces the show.  And Paul Joy, a Grandview student and marvelous editor edits the show.  (Except when he's stuck in classes:)     We'd love to hear from you, so let us know if you have ideas for the show or upcoming blogs!
 
Enjoy your day!
Sharon

 

 

 

 

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