Monday, October 20, 2008

Pushing for the finish

Its becoming late fall again. Weather will soon be a factor in every day for the next 6 months, so the big push is on the wrap up while the weather is fantastic. Nothing better I know than October in Iowa. Crisper air, calm days, the best looking grass of the year, by product the best shape the golf courses are in all year.

Sometimes it hard to focus on work except there is so much. For the next 30 days could be filled with long walks, bike riding, golf or visiting your favorite fall tourist area. But for others its time to think about a new home next year. Starting in bad weather times and enjoying it in the spring. October is one of the two best months of the year for home building starts, and in case you haven't been in the neighborhoods for awhile its as busy as it has been all year.

Here in the Cedar Valley we have been blessed not to have seen the worst of the real estate market that most other areas have been through. I was at a home builders conference a week ago and got to learn first hand how bad it is in some regions. Other areas have seen 1/2 of all home builders gone and out of business. Some members from California LA area have seen membership cut in half in less than a year.

Cedar Falls has probably one of the lowest inventories of housing I have ever seen, in all price ranges and all areas. The housing market is rock solid and fair values are being achieved daily. I would imagine that when the year is done valuations in the Cedar Valley will be up for the year, easily. While many building costs have dropped. Lumber is at a 10 year low!!!! Build now as when the market really turns around nationally prices will again surge ahead.

Have a great fall, enjoy life