As we’ve stated in previous articles, Americans are purchasing vacation real estate, second homes and recreational property at a more rapid rate than in recent years. FromMinnesota to Southern Florida, Americans are once again pursuing vacation property while the conditions are right. Several market factors can help explain this strong demand and trends point to
A recent Gallup poll found that Americans realize real estate is the best long-term investment. With mortgage rates at record low rates and reasonable prices in the non-urban sectors of the nation, now is the ideal time to look for an investment that can appreciate in value over time, produce income and uniquely gives you
Over the last decade big things have been changing in real estate sales and the biggest change … the auction market. For a long time, the auction industry was primarily considered a fix to relieve the market of distressed or unwanted properties. This is no longer the case and as a real estate owner, you
Discretionary spending all but vanished during the “Great Recession” for the previous decade, but key indicators show that Americans are returning to vacation properties as an investment and a place to enjoy. Many consumers have spent the last few years getting their credit back in order and rebuilding their financial health, and most are seeing
Both residential and land sales showed strong growth and stability in 2013. Pent up demand, much improved consumer financial health, rising rents, low mortgage rates improving economic conditions and increased confidence in residential property as an investment all point toward an optimistic look at the real estate market outlook for 2014. Most industry leaders agree
With the continued growing demand for food crops both here and across the world, farmland in the U.S. ended 2013 holding excellent value again. This fertile asset has not only realized amazing growth in value over the recent years and held that value, but again has shown increased price appreciation in multiple states including Iowa,
A landowner has the option to sell their land on their own or use a real estate agent or auctioneer. Many times a landowner has been approached by an adjoining neighbor or acquaintance that is familiar with the property and told if they ever wanted to sell, the neighbor or acquaintance would purchase the land.
Housing prices continued to strengthen in December rounding out a year of recovery in 2013. CNN reported on the S&P/Case-Shiller home price index, which showed a 13.6% increase in housing prices nationwide. United Country reported strong increases in nationwide homes in the smaller cities, towns and surrounding, non-urban, market they service in 2013 as well,
The housing market is looking up nationally and especially in the non-urban regions. CNBC reported a 25.4 percent increase in sales during the month of October. At United Country, we saw a 26.9% increase in October home sales versus 2012 and the numbers keep climbing.
In November, we saw an impressive increase of 37.8% in residential
Congratulations to Jimmie Dean Coffey of United Country Coffey Realty & Auction on his two new roles within the United Country team! To learn more about this story, read the news release here.