Helpful Info

  • Summer Meetings Highlights
    on June 19, 2017 at 4:31 pm

    You made a splash in Davenport! I don’t think it is going to be a summer meetings that we forget quickly. We had a 140 registrants for the event, with 50 people signed up to play softball, and the Social Media Leads class with Carrie Little had more than 70 attendees! Thank you to all who joined us in the Quad Cities and a big thank you to the Quad City Area REALTOR Association for a spectacular event! Check out the Fun Photo Album on Flickr. One of the main topics discussed at the meetings was the switching of the state’s membership data system from Rapattoni Magic to RAMCO. This does not affect Rapattoni MLSs and will allow for greater use of shared information between local boards and the state association allowing for a better member experience. IAR’s Building Presidential Advisory Group is moving forward to review possible options for buying, building or leasing in the Des Moines Metro area. No decisions have been made at this time. IAR’s current lease is up in the Spring of 2019. Senator Roby Smith, from Scott County, spoke to our Legislative Committee. He discussed the process of how a bill becomes a law. There was a lot of discussion around the First Time Home Buyer Savings program that was recently passed in Iowa. IAR will be working with government entities on educating the public about this great new program set to kickoff on January 1, 2018. The National Association of REALTORS has approved IAR to be part of a pilot program to help promote and educate potential homebuyers on this program. IAR hopes to have more details to share this fall. The REALTOR Foundation of Iowa (RFI) discussed the second year of the successful Project Jack - Pay It Forward program. RFI will be sponsoring Chris Norton to come and speak to schools in eastern Iowa this fall. RFI will have 5 vacancies at the end of this year. Visit realtorfoundationofiowa.org for more information. The Communications Committee meeting shared several updates. IAR staff is working to move the content from the current website to the new website. The new website will provide a much better user experience! The new website will be responsive to any device, much easier to search for information and provide a more efficient platform for staff to manage and share news. The new website should go live in early July.  New member packets have been updated to reflect the new brand and logo. The content has been refreshed to educate members on IAR’s value and services provided. A new member orientation video is in the final stages of editing. This video will be used at local boards and short segments will be shared via social media channels to engage and educate new members.     The Slate of Officers for 2018 was presented by the Nominating Committee. This list of officers will be reviewed and ready for approval at the IAR Convention in September. President: Mark Kamps, Iowa City President-Elect: John Goede, Spencer Vice President: Scott Wendl, Des Moines Treasurer: Jen Burkamper, Boone Immediate Past President: Cindy Millerd   Regional Vice Presidents: Region 1:  Katie Slater Region 2:  Mike Allmon Region 3:  Zelda Elwood Region 4:  Krista Clark Region 5:  Renae Forsyth-Christy Region 6:  Mindy Huls Region 7:  Anna Mack Region 8:  Steve Campbell&nbs […]

  • Home Sales Steady, Prices up 5.4% in May
    on June 19, 2017 at 4:07 pm

      The median sale price rose 5.4 percent in May when compared to May of 2016. $155,000 was the median price last month compared to $147,000 last year in May.    The Housing Trends Report from the Iowa Association of REALTORS® (IAR) shows home sales were almost identical last month versus May of last year. 4,398 properties sold in May 2017 when compared to 4,403 properties last year in May.    Homes sold 10 days faster last month. Average days on market was 75 while last year in May it took an average 85 days.    “Iowa real estate saw a small increase in activity in May. New active properties were up 5.6 percent from last year. Sales were at the same level as May of last year while days on market decreased again. Spring and summer are typically the most active months in Iowa real estate. Now is still a great time to buy or sell your home as mortgage rates are expected to increase later this year,” stated IAR President, Cindy Miller.    The information used to create the IAR May 2017 Housing Trends Report was current as of June 14, at 2:45 p.m. The information is subject to change due to the dynamic nature of the IAR’s housing statistics system, which is updated hourly based on information present in local participating MLS (multiple listing service) systems.   The term Realtor® is a registered trademark, which identifies real estate professionals who follow a strict Code of Ethics as members of the National Association of Realtors®.   The Iowa Association of Realtors® is the state’s largest real estate professional organization representing almost 7,000 members and affiliates. The IAR releases a Housing Trends Report each month. Data is collected from local Realtor® boards through their multiple listing service (MLS), which tracks sales activities in the board area. IAR compiles all of the local board data into the statewide report each month. Reports are available online to IAR members and affiliates with a login and password. Anyone is eligible to become an IAR affiliate. For membership information, visit www.iowarealtors.com. ### &nbs […]

  • Why the First-Time Home Buyer Program is Important
    on May 18, 2017 at 8:45 pm

    Senate File 505 It has been 4 years in the works… Blood, sweat, and tears (so many tears) have gone into putting a program in place to help first-time home buyers in the state of Iowa. Click here to watch: Why the First-Time Home Buyer Program is Important. Passed in the Senate with a vote of 49-1 and passed in the House with a vote of 87-11. Governor Branstad signed the bill into law Tuesday, May 9, 2017 and it will go into effect January 1, 2018. This is what we know so far: This bill allows individuals to open an interest-bearing savings account with a state or federally chartered bank, savings and loan association, credit union, or trust company in Iowa and designate the account as a first-time homebuyer savings account. The funds must be used to buy a property in Iowa. A first-time homebuyer is identified as an Iowa resident who has not owned a single-family residence for at least three years prior to the home purchase for which the account’s funds are applied. An individual may establish more than one account as long as each account has a different beneficiary. This means that Parents and grandparents can start an account for a child or grandchild! There is no limit as to how much can be retained in each account. However, an account holder is allowed to deduct from the individual income tax the amount of contributions made during the year by the account holder to to the account holder’s accounts, not to exceed $2,000 per year or $4,000 for married taxpayers with a joint account. The interest earned on the account is not taxable and the yearly tax deduction can be taken up to 10 times (a max of 10 years). As a reminder, this is a state tax deduction NOT a tax credit and it cannot be deducted on federal taxes. If the money is not used to buy an Iowa property, it may be subject to penalty. We will continue updating you as we find out more of the details; in the meantime, read the full legislation here: https://www.legis.iowa.gov/legislation/BillBook?ga=87&ba=SF%20505 […]

  • Make a Splash in Your Community
    on May 18, 2017 at 2:14 pm

    One of the themes for Summer Meetings this year is “Make a Splash”. We want to see how REALTORS® are marketing themselves and making a difference in their communities. You can enter our contest now through June 8th to be eligible for some great prizes! See submission details below. We want to see how you make a splash in your community! Whether it is volunteering, visiting the local pool or park, hanging out with the neighbors, or just bringing joy to those around you, we want to reward you for making the world a better place - one community or person at a time. Submit a photo or video on facebook or instagram by tagging @iowarealtors and using #myiowahome and #makeasplash2017. We can’t wait to see what you are doing out in the community! Prizes will be awarded, so get your cameras out and go Make a Splash! […]

  • David P. Wilson 2018 CCIM Institute President
    on May 18, 2017 at 1:21 pm

    The Northeast Iowa Regional Board of REALTORS® is so very proud to have David Wilson, CCIM as the incoming international CCIM Institute President. This is certainly a position that is well deserved and earned. There are few people in this world who can lead without effort. Dave is one of those people; Dave’s natural abilities, integrity, and honesty are his trademarks in the industry. Like a great coach, Dave inspires all who work with him to think harder, work smarter, and leave each meeting room better than when they entered. Dave’s passion and vast knowledge of the industry is contagious; you can’t spend time with Dave without learning something new and interesting about the commercial side of the industry. Dave’s passion will lead CCIM to the next level.  CCIM stands for Certified Commercial Investment Member. The CCIM designation denotes that the member has completed advanced coursework in financial and market analysis, and demonstrated extensive experience in the commercial real estate industry. CCIM designees are recognized as leading experts in commercial investment real estate. The Inaugural ceremony will take place on October 16th in Toronto, during the CCIM conference.  Congratulations Dave, you will be an asset to the CCIM leadership team.    Written and submitted by: Mary Shileny, Executive Officer for the Northeast Iowa Regional Board of REALTORS® […]