HOUSING MARKET: High inventory, many homes on the market According to the Iowa Association of REALTORS®, inventory is high right now, so there are many homes from which to choose. There were 7,014 new active listings recorded across the state in March 2010, making it the strongest March in the last three years by far. Home sales in March were up 53.2 percent from February, and up 10.6 percent from last March. Average sales price didn’t show as much change. Prices in March 2010 were up .1% from Feb. 2010, and down 1.9 percent from March 2009. For more detailed information visit http://www.iowarealtors.com/news/docs/press_releases/housing_trends/201003.pdf Source: Iowa Association of REALTORS® |

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