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Q2 2019: Des Moines Metro Housing Snapshot

By Kalen | Published July 15, 2019

There’s some welcome news in today’s market for buyers and sellers ready to make the most of the summertime house hunting and homebuilding season. MORTGAGE RATES dropped since April, and are currently at the lowest levels we have seen for over 18 months. So the market is seeing some traction as more buyers are showing an interest in making offers, due to the improved affordability! As of July 1, the total number of active single-family homes on the Des Moines Metro Market, including re-sales and new construction homes, had increased 5.9 percent to 2,370, compared with a year earlier. When you single out the active inventory of new construction single-family homes, we actually saw a decrease from 853 a year […]

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Kalen Ludwig
Cell: 515.402.3169
Kalen@PeoplesCompany.com

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Cell: 515.650.1276
Keaton@PeoplesCompany.com

Peoples Company
Office: 515.222.1347
12119 Stratford Drive, Suite B
Clive, IA 50325

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