Michelle Price Real Estate Agent

Michelle Price

33 Years of Experience You Can Trust
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July 2023 Local Market Update

By Michelle Price - August 14, 2023
Here’s your local market update for July 2023! If you’d like to watch instead of read: Click here! The Des Moines housing market appears to be bucking some of the national trends, on quite a few levels. And that is why I thought it would be interesting this month to first share the local market stats which I do every month, and then show what the national trends are in the same categories. Then w
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June 2023 Local Market Update

By Michelle Price - July 13, 2023
Watch the market update on my YouTube channel here! We didn’t see a lot of change in new listings or pending sales month over month. The biggest jump was an increase in homes sold rising 15.2%. The market didn’t see a lot of movement month over month, but for the second month in a row, we saw an increase in the number of homes on the market in the Des Moines metro area. Buyers love to see new in
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May 2023 Local Market Update

By Michelle Price - June 16, 2023
Watch market update here! The number of homes on the market in the Des Moines metro area increased 10% from homes on the market last month and a 29% increase from homes on the market last year. May had 2651 listed homes compared to April’s 2410 homes and May 2022 had 2049 listed homes. Home sales, or homes that closed in May, increased 28.5% with 1,270 homes sold in May compared to the 988 so
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NEW Homestead Tax Exemption

By Michelle Price - June 14, 2023
Attention Iowa Homeowners 65 years of age or older! There is a new Homestead Tax Exemption for You! Click here to watch 2 minute video! On May 4, 2023, Governor Reynolds signed House File 718, establishing a new homestead tax exemption for claimants 65 years of age or older. In addition to the homestead tax credit which you probably already have taken advantage of, NOW you can also clai
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April 2023 Local Market Update

By Michelle Price - May 21, 2023
Click here for Video Version! The number of homes on the market in the Des Moines metro area decreased month over month. Active listings dropped by 61 homes, which is a 2.4% decline, compared to the 2,471 listed in March. But of course, we still have a 34.5% increase of inventory from the same time last year. 2,410 homes were listed in April versus the 1,791 listed at the same time in 2022. Home
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How does Iowa figure a home's value for tax assessment?

By Michelle Price - May 02, 2023
Here is a quick overview of how residential properties are assessed in our 3 closest counties: Polk, Dallas and Warren. The State of Iowa requires that all real estate property be reassessed every two years on the odd numbered year. But your home could be reassessed more often if your county assessor determines your home's assessed value needs to be adjusted to reach market value. So, what is
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March 2023 Local Market Update

By Michelle Price - May 02, 2023
YouTube Video below! The number of homes on the market in the Des Moines metro area continue to steadily rise with eight more homes listed in March compared to February. While the month-over-month increase is subtle, the year-over-year comparison is much wider, March’s 2,471 listings are a 45% increase compared to the 1,702 homes on the market at the same time last year. Home sales, or homes tha
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February 2023 Local Market Update

By Michelle Price - March 25, 2023
The number of homes on the market in the Des Moines metro area remained stable, with just 12 fewer homes listed in February compared to January according to the Des Moines Area Association of Realtors. Despite the slight monthly decline in inventory, February’s 2,463 listings were nearly double - 47% - that of the same time last year when there were just 1,667 houses on the market. Home sales,
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January 2023 Local Market Update

By Michelle Price - February 18, 2023
The number of homes on the market in the Des Moines metro area rose again in January with 2,475 listed homes. This is a 46% increase over the same time last year reported the Des Moines Area Association of Realtors. However, the current inventory of properties represents a 10% decrease from the 2,747 on the market last month. Home sales, or homes closed, dropped 38.9% in January, with 596 homes s
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December 2022 Local Market Update + Year End Review

By Michelle Price - January 22, 2023
There were 29% more homes on the market this December versus December 2021 as reported by the Des Moines Area Association of Realtors. 2747 homes versus 1947 in 2021. But we did have a 7% decrease of homes on the market month over month. Home sales dropped in December by 3% compared to November. But we were down 33% from December 2021. 906 homes sold in December 2022 while 1361 homes sold in Dec
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10 Mistakes to Avoid when Building Your Credit

By Michelle Price - January 04, 2023
Want to buy a home, buy a car or anything else that requires a loan in 2023? If so, here are 10 mistakes to avoid when building your credit. A good credit history and maintaining a high credit score can open doors to higher credit limits and lower interest rates. It’s important to know how to avoid situations that can harm your credit so you can be in the best possible financial position when you
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November 2022 Local Market Update

By Michelle Price - December 20, 2022
The number of homes on the market in the Des Moines metro area rose again this past month to 34% over this time last year, reported the Des Moines Area Association of REALTORS® (DMAAR). 2952 homes were on the market in November 2022, while 2194 homes were on the market November 2021. Slight decrease of homes on the market from October 2022 (2989). Homes sales dropped in November by 14% compared t
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