Here is an update on what is going on in the Des Moines Real Estate Market:
Sales are up year over year from 2023. February of this year we had 793 homes listed. This is the best start we have seen for the year since 2021. Also, in the month of February 1,060 houses went under contract. So houses are selling faster than they are being listed. And the interesting thing is that March and April are typically more than double the numbers of February in previous years.
People keep asking me where interest rates are going, and my honest answer is I do not know. However, I want to point out that buyers don’t seem to be caring. Sure, I know plenty of people that are holding back with the hopes that interest rates are going to come down. There are still many, many buyers out there looking for homes. It turns out, when you want to buy a home, you just want to buy a home and you deal with the interest rate you have.
What does all this mean? It means if you are looking to buy or sell a house in 2024, I can help. If you are listing, you need to know where to price to take advantage of the coming Spring real estate market. People are being more picky, and so positioning matters. It also means if you are looking to buy, there is plenty of competition out there. I am here to help. Please reach out.
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
