Des Moines Real Estate Blog

Your Economist of Choice, Your Realtor of Choice

  • Adam Van Lin, Realtor
    Burnett Realty
    10200 Hickman Rd. #100
    Clive, Iowa 50325
    Cell 515.344.1068
    Fax 515.331.3401
    Licensed in Iowa

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Posts Tagged ‘real estate market’

Leading Economic Indicators for Des Moines, IA

Posted by adamvanlin on October 17, 2011

Predicting the future is impossible, but we can at least take an educated guess with the right information.  If I were to predict where housing prices are headed (and I do!) I would pay most attention to Iowa’s Leading Economic Indicator Index.  It has proven to have a direct relationship with employment and housing prices.

The index recorded a reading of 104.5 for August, down 0.3 from July.  More importantly, the yearly growth turned negative, if by only -0.01%!!!  The trend is definitively down, which doesn’t bode well for employment and housing prices.  GREAT NEWS… for buyers 🙂

If you are thinking of selling, you need to give me a call and we’ll talk about timing your sale in this market.  A matter of months could make a difference of up to 10% in the sale of your home!

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