Cedar Rapids, Iowa News, Sports, and Weather
DUBUQUE, Iowa - Realtors in Dubuque urge homeowners not to wait until spring to sell their homes, because there are a lot of people looking to buy, but not enough homes are for sale.
A big thing that's influencing those selling homes right now is low temperatures. Today's low was -7 degrees. Compare that to last year when the low was 27 degrees.
According to the Dubuque Board of Realtors, there are eight percent fewer homes for sale compared to last year.
It took Nick Bechen 10 months to find the house that will soon become his first home.
"I do wish there were more houses to choose from. Especially outside the city limits," Bechen said.
Realtors say Bechen is one of many people who've been struggling to find a house in Dubuque.
"This winter has been unusually harsh. So it has slowed the market. More so with the listing side," Becca Scherr, Coldwell Banker Real Estate Agent, said.
Scherr said there's a big demand for homes in the $100,00 to $150,000 range.
But she tells us many people who are considering selling their homes are waiting for the weather to warm up. They have plans to spruce up the place.
"Sometimes fresh paint goes a long way, but other things could probably not even make a difference to the price of the sale of the home," said Scherr.
So for those looking to sell, Scherr suggests striking while the iron is hot, or, in this case, cold.
"Coming into the spring, we're going to see a lot more activity with homes coming up on the market. That's due to the warmer weather, but right now, if you can get ahead of that, you're going to be in a really good position, " said Scherr.
As for Bechen, moving in the middle of a deep freeze was a real mess, but worth it, to get what he wanted.