Driving around various neighborhoods around Des Moines this week, you have probably noticed a few “For Sale” signs in front yards. One thing you may not have noticed is that there are fewer homes for sale than we have seen in a long time. As of May 3, 2016, there were 2,936 homes for sale from Newton to Lake Panorama. This includes condos, townhomes, acreages, and single family homes. Joel Aschbrenner wrote in The Des Moines Register that, “first-time homebuyers are facing limited options and bidding wars.” Of course, this is a great thing for sellers! With limited supply, costs typically do go up. Read the rest ...
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