Blog Archives - Page 4 of 18 - Des Moines House Selling Specialists

About That Assessment

Within the past couple of weeks, quite a few of us have received our tax assessment. If you are looking to dispute the new value, here is some helpful information on just how to do that.

Here is what you need to have in order to dispute your assessment:

https://paab.iowa.gov/taxpayers/appealing-your-assessment/appeal-grounds?fbclid=IwAR0KP-HptBglhfPH4GePBKOCM5fHpC3sHnoInxN98O8BHsgS2uXOMd3ONac

Here is information specific to Polk County for disputing your assessment:

https://www.polkcountyiowa.gov/county-assessor/assessor-news/important-note-due-to-covid-19/?fbclid=IwAR39iH-z0X48O3duAAzFjnTuojxMlvxBcTTzyfHaBv7hHPbuMDR80ltTqgY

Here is information specific to Dallas County for disputing your assessment:

https://www.dallascountyiowa.gov/government/county-government/assessor/frequently-asked-frequently-requested?fbclid=IwAR1OhZubuYuhca4Zv_9OeYyzVGLpeySgqVWQf2-Nvf5VFmjmB4Z-RNSyPio

For both Polk and Dallas County, you have until April 30th to file. If you just don’t want to deal with the taxes, and you want to sell, I am happy to help with that as well. In almost all instances, I think you will be surprised at what you can sell your house for right now.

As always, I love doing what I do. I love looking at the market, and I love building relationships with the people I get to help. Let me know how I can help you. Call me today. You can reach me at 515.639.0047 or RyanLynch@KW.com. I am good at what I do, and I want to help you.

~Ryan Lynch

It is Not Low Inventory

I have been discussing the same misunderstanding about the market a lot lately. I thought if the people I am talking to are thinking about it, what about the people I don’t get to speak with.

The confusion is about low inventory on the Des Moines Multiple Listing Service. In fact, last year the Des Moines Area Association of Realtors sold almost 2,500 more houses than they did the year before. (To give a frame of reference, we sold a little over 16,500 in 2020.)

Currently there are 1,825 houses for sale. This is record low inventory. However, we currently have 2,745 houses under contract. In the last 30 days alone, 1,418 houses have gone under contract. Think about that. In the last 30 days, almost as many homes have gone under contract as there are currently houses for sale total.

However, we are selling more houses than we ever have. Last year we increased our year over year sales by more than fifteen percent. There are a ton of houses out there. They are simply flying off the shelves.

So what does this mean to you?

If you are a buyer, you have so many houses to look at. And your mortgage is insanely cheap. You need to be on top of what you want and getting out to look as quickly as you can though. Because the three houses you liked last week are gone this one.

If you are a seller, your house most likely will sell for more than you would expect. Of course, condition and competition will always affect your sale. It is a great time to sell right now though.

~Ryan Lynch

Great Info for First Time Home Buyers

I am sending out a link to a webinar for first time home buyers for two reasons.

It is my brother-in-law, RJ Rademacher’s, company.
It is unique in that it is about getting your finances in order and planning for your future, so as not to make yourself house poor.

I thought this was a topic that is not covered very often, and it could be helpful for anyone. It is tomorrow night (Thursday, Feb 4th, 2021) at 7pm. Here is the info RJ sent to me:

https://thrivent.zoom.us/webinar/register/5116100359491/WN_h4J2SFeSQ36Gc52oLLyYdg

Many American families feel pressure to have the best of everything. The nicest car, the nicest lawn and (no surprise) the nicest house. But bigger isn’t always better. This webinar is meant to help attendees buy the home they love, with enough money left over to live the life they love. Balanced Home Buying & First-time Homebuyer’s Webinar – a 10-step road map to guide the home-buying journey.

As I understand it, this is not about getting a mortgage, or even really the process of buying a house. It is about getting your finances in order to be able to do that. So really it could be helpful for anyone wanting to get a better grip on their finances.

~Ryan Lynch

Your Best Choices in the Real Estate Market Right Now

Realtors are going to sell more houses in 2020 than in any year in the last decade in the Des Moines area. Currently there are more houses under contract (2,708) than there are active houses for sale on the market (2,570). Interest rates are below 3%. If you get a 15 year mortgage, you can get real close to 2%.

What do all of these factors mean to you?

If you are a buyer, you can get your cheapest mortgage, possibly ever. You have more buying power than at any time in recent history.

If you are a seller, your sales price is going up, and buyers don’t need to worry about it because the money is so cheap. You also have less and less competition. We currently ONLY HAVE 2,570 HOUSES on the market. For reference, there were over 4,000 houses on the market at the beginning of 2020.

If you are neither, and you own your own home, go look at what refinancing would do for you. You will be shocked. Look at a 15 year mortgage. Ask your mortgage broker how much interest it would save you to switch from a 30 year mortgage to a 15 year one.

I love doing what I do. I love looking at the market, and I love building relationships with the people I get to help. Let me know how I can help you. Call me today. You can reach me at 515.639.0047 or RyanLynch@KW.com. I am good at what I do, and I want to help you.

~Ryan Lynch

We Need Listings in Des Moines

I don’t know how to make this more plain. Right now, every interest rate for buyers is below 3%. If you are looking at a 15 year mortgage, you are getting precariously close to 2%. I am helping buyers, because they have every reason to buy with money being this cheap.

If you already have a mortgage, look into what refinancing would do for you. These rates are absolutely ludicrous.

That being said, if you have been thinking about selling, inventory in the Des Moines area market is down close to 40% since February when all of this began. And that was February! As of this writing we are currently at only 2,613 houses on the market. We were over 4,200 in February. February!!!

If you are looking to buy or sell, I would love to help you. It is an incredible time to do both. Reach out when I can help you in any way.

~Ryan Lynch

We Need Houses to Sell!

If you have been thinking about selling your home, or know someone who has, I would love to talk to you. Currently there are only 2,751 houses for sale in the Des Moines Multiple Listing Service, as of the time of this writing.

In February, before all of this craziness hit, we were over 4,200 active houses for sale. That is an almost 35% drop in inventory.

With interest rates so incredibly low, buyers are out and wanting to take advantage of ridiculously cheap money. (If you are a buyer, I would love to help you as well.)

Currently, every single one of the listings I have on the market are under contract. Many of them went through multiple offer situations within 48 hours of listing with me.

If you have been thinking about buying or selling, this is an incredible time. Very low interest rates on the buy side. Very low competition on the sell side.

If you are simply wondering, feel free to ask me to run numbers on your house and let you know what I think it could sell for. I am happy to do so with absolutely no cost or obligation.

~Ryan Lynch

About That Assessment

It is Not Low Inventory

Great Info for First Time Home Buyers

Your Best Choices in the Real Estate Market Right Now

We Need Listings in Des Moines

We Need Houses to Sell!

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