North Iowa FSBO

North Iowa Acreage For Sale By Owner (FSBO), $139,900

2011-09-20T20:44:00.000-07:00

Don't let this one slip through your fingers! 3-bedroom home on nearly 3-acres of land. Many improvements including new machine shed, basement, remodeled kitchen, and large no-maintenance deck.

Centrally located between Garner, Ventura and Forest City.

See more information and pictures at NorthIowaFSBO.com- a website featuring homes for sale by owner in the Mason City and surrounding areas.
http://www.northiowafsbo.com/property_for_sale/2285_290th_street/index.html

SOLD! FSBO in Mason City

2011-09-07T11:02:00.000-07:00

Another home has sold on NorthIowaFSBO.com. This time, the homeowners saved more than $20,000 in realtor commission fees by selling themselves!

In all, homeowners have saved more than $320,000 since http://www.northiowafsbo.com/ started serving North Iowa communities in 2006. That's money that goes into their own pockets... for a new home, retirement, travel or a nestegg in the bank. Congratulations!

Selling a home by yourself is not as hard as you may think. Contact stephanie@northiowafsbo.com if you have any questions!

For Sale By Owner in Mason City- Ranch Style $133,500

2011-09-07T10:51:00.000-07:00

We have a new home to check out on http://www.northiowafsbo.com/. It's a 3-bedroom ranch, 2-stall attached garage and only two blocks from Aquatic Center and East Park. Hardwood floors, updated kitchen, two 3-seasons porches. Move-in ready!

Executive-Style Home For Sale Mason City

2011-05-25T18:59:00.000-07:00

This is a beautiful executive-style home for sale by owner in Mason City. Granite countertops, master suite, countryside views! See more at NorthIowaForSaleByOwner.com. Click here to see more pictures!

http://www.northiowafsbo.com/property_for_sale/2938_morningstar_court/index.html

New Construction FSBO in Mason City

2011-05-25T18:37:00.000-07:00

NorthIowaForSaleByOwner has two homes listed for sale by owner that are currently being built by Watters Construction. Both have three bedrooms, 3-stall garages. Get involved early to make your own design choices! These homes are located in one of Mason City's newer neighborhoods, just minutes from shopping and restaurants.

http://www.northiowafsbo.com/property_for_sale/2773_sunrise_court/index.html

http://www.northiowafsbo.com/property_for_sale/2747_sunrise_court/index.html

Condo on Clear Lake

2011-05-25T18:07:00.001-07:00

Wonderful condo for sale by owner in Clear Lake, Iowa. Great location on the waterfront with dock/hoist privileges. Three bedrooms, 3 1/2 baths and granite countertops. See more at NorthIowaForSaleByOwner.com
http://www.northiowafsbo.com/property_for_sale/4592C_asbury_drive/index.html

Iowa Acreage For Sale By Owner

2011-05-25T17:54:00.000-07:00

Great country views! Many improvements to this home including new addition, vinyl siding and windows. New garage with heated floor and drain. See more pictures and information at NorthIowaForSaleByOwner.com http://www.northiowafsbo.com/property_for_sale/2270_330th_street/index.html

Four Bedroom FSBO, Built 2001

2011-05-15T10:14:00.000-07:00

Here's a must-see! Four bedroom with 3 baths. Open kitchen, master suite with two walk-in closets and Jacuzzi Tub. Close to Mercy Medical Center. Visit NorthIowaFSBO.com to see pictures. Click here to see pictures and listing price. http://www.northiowafsbo.com/property_for_sale/2919_sunrise_court/index.html

Advertise During our May Sale

2011-05-11T08:54:00.000-07:00

This is the time of year to put your home on the market.

If you're selling FSBO, it takes a lot more effort than putting a sign in your yard. 90% of your homebuyers are using the Internet to look for a home. On http://www.northiowafsbo.com/, you can advertise at a very reasonable rate. Plus during the month of May, take advantage of our 'Buy 1 month advertising, get 2nd month FREE!' offer.

First-time Homebuyer Assistance Program in Mason City

2011-04-27T19:30:00.000-07:00

There's a great opportunity for low-moderate income individuals in Mason City wanting to become first-time homebuyers.

Mason City officials are accepting applications for a First-Time Homebuyer Assistance Program funded in part by a HOME grant through the Iowa Finance Authority. The program will assist 8 individuals. For more information and income guidelines visit

http://www.masoncity.net/newsView.aspx?nid=349

3-Bedroom For Sale By Owner- Nora Springs

2011-04-19T09:47:00.000-07:00

Here's a wonderful 3-bedroom ranch-style home located 15 minutes from Mason City in Nora Springs, Iowa. It has many improvements and is in excellent, clean condition! Assessed at $90,330. Make a bid! See more at NorthIowaForSaleByOwner.com or click here for pictures.

http://www.northiowafsbo.com/property_for_sale/106_east_congress_street/index.html

Cottage-Style Home FSBO- Mason City

2011-04-09T20:37:00.000-07:00

We have another wonderful home for sale by owner on http://www.northiowafsbo.com/! It is move-in ready, full of improvements, including newer kitchen, bath, carpet and more! Three bedrooms, one bath, just blocks away from Mercy Medical Center, West Park, shopping and restaurants. Only $115,995! Check out the pictures at http://www.northiowafsbo.com/property_for_sale/20_north_taylor/index.html.

New Price on Mason City Ranch

2011-04-02T11:17:00.001-07:00

You won't find a better price than this! This 3-bedroom ranch has been reduced from $89,500 to $87,995. The garage is attached and it sits on a large lot. Check it out at http://northiowafsbo.com/property_for_sale/910_13th_street_se/index.html

Twin Home For Sale By Owner

2011-03-19T20:18:00.000-07:00

There is a new home for sale by owner on http://www.northiowafsbo.com/. It's a beautiful, newly constructed twin home- PERFECT for anyone who wants to downsize or retire by the lake. Lovely hardwood floors, lots of brilliant natural light and everything is located on one floor. Located just a few blocks from Clear Lake State Park and right next door to Oak Hills Golf Course.

Click here to see more pictures. http://www.northiowafsbo.com/property_for_sale/5_wedgewood_court/index.html

Home Sells in 5 Days

2011-02-25T04:34:00.000-08:00

I'm so happy for my latest homeowner. Amy H. put her home on northiowafsbo.com on February 18th. She says the buyers saw the home on the site. Now, less than one week later, she has a buyer and papers are signed.

I'll be honest. Most homes don't sell this fast- especially in this current market. But it just goes to show that people are using NorthIowaForSaleByOwner.com. Here's what Amy had to say about selling FSBO.

"Wow Stephanie! This was amazing! You made our life so easy and I can't believe the house SOLD so fast. ONLY 5 DAYS!!!!!

Selling by owner has so many benefits. This was my first time. I could meet the potential buyers and give them a personal tour which was more informative for the buyers, because face it- who knows the house best? The sellers.

The purchase agreement was very easy. We both happened to have the same attorney so everything is going well and smoothly. I just couldn't be more thrilled about recommending your website for Selling by Owner. It was a MONEY SAVER and EASY.

Thank you so much for giving Mason City such an affordable alternative to selling homes in this economy. "

Amy Harms
2/24/2011

Amy saved approximately $12,320!
Congratulations to you and your family!

Stephanie Scholl
stephanie@northiowafsbo.com

2011-02-07T07:29:00.000-08:00

Have you started your taxes yet? Don't let April 15th sneak up on you! It will be here before you know it!

Here's some good news, though. If you purchased a home last year, you may qualify for special tax credits. For more information, click and keep reading!

http://www.usatoday.com/money/perfi/taxes/2011-02-04-personalfinance04_ST_N.htm

Sellers Reducing Prices

2011-01-21T10:00:00.000-08:00

We have two wonderful homes for sale by owner that are starting off the New Year with some MAJOR PRICE REDUCTIONS!

The first is a four-bedroom in Clear Lake, Iowa. Wood floors, 2-stall attached... very cute. The owners are ready to sell and have reduced the price $14,000!

http://www.northiowafsbo.com/property_for_sale/1100_5th_avenue_south/index.html

The second home is a 3-bedroom located near popular East Park in Mason City. Totally renovated! Price reduced $6,000!

http://www.northiowafsbo.com/property_for_sale/653_4th_street_ne/index.html

Visit these homes and more at http://www.northiowaforsalebyowner.com/!

Real Estate Advice

2010-12-08T11:38:00.000-08:00

Is it time to take your house OFF the market? When are home prices in your community going to bottom out? These are a sampling of questions many of us are asking these days. Check out some of the answers with this conversation which recently aired on my favorite morning show... The Today Show on NBC.

http://today.msnbc.msn.com/id/3041440/ns/today-money#40530221

After that look over some of our homes for sale by owner in Mason City and the surrounding communities.

http://www.northiowafsbo.com/

2010-11-17T12:38:00.000-08:00

I found this article in USA Today very interesting and thought you might, too!

http://www.usatoday.com/money/economy/housing/2010-11-14-smaller-homes_N.htm

It includes trends, floor plans and neighborhood layouts!

According to my research, the average new home in the 1970's had 1500 square feet. In 2003, it grew to 2300 square feet. No surprise with the current economy and a more environmentally-friendly atmosphere, new homes are shrinking again. But that doesn't necessarily mean homeowners are disappointed.

Happy reading!

2010-09-30T07:19:00.000-07:00

Check it out! http://www.NorthIowaForSaleByOwner.com was featured in a local news story last night... along with a home buyer who used the site! Click here to see it!

http://www.kimt.com/content/localnews/story/Houses-For-Sale/CYrWPOHj2Uimj9DOQxZWnw.cspx

Price Reduced on Clear Lake Home

2010-09-20T09:12:00.000-07:00

Check out the great price on this 4-bedroom, 2.5 bathroom home. Just reduced $139,000! Move-in ready! See more at NorthIowaForSaleByOwner.com

http://www.northiowafsbo.com/property_for_sale/1100_5th_avenue_south/index.html

3-Bedroom Less than $100,000

2010-07-27T07:58:00.000-07:00

This is a great starter home located in Mason City. All brick, 3-bedrooms, and great location. See more at http://www.northiowafsbo.com/property_for_sale/1735_cerro_gordo_way/index.html

Clear Lake Home For Sale By Owner

2010-07-04T18:25:00.000-07:00

This 4-bedroom Victorian Home in Clear Lake, Iowa is charming inside and out. Totally renovated, super curb appeal with classic front porch for relaxing. Large lot and located just two blocks from high school. Looking for a serious FSBO buyer!

More information @ http://northiowafsbo.com/property_for_sale/1814_main_avenue/index.html

Custom Built Home at Golf Course

2010-07-04T18:09:00.000-07:00

This gorgeous family home in Mason City/Clear Lake, Iowa is custom built and designed by Michael Momberg. Hickory floors, solid corian countertops, maple cabinetry and stainless steel appliances. Plus a master suite to die for! Great Country Club location for anyone who likes to golf and entertain!

Special reduced price for 'For Sale By Owner' Buyer.

See more at
http://northiowafsbo.com/property_for_sale/2348_calloway_court/index.html

3-5 Bedroom Family Home- $114,900

2010-06-11T05:58:00.000-07:00

This is a great family home at a great price. Well-cared for real estate in Mason City, Iowa. Looks are deceiving from the outside- there is a lot of space in this house! Maintenance-free on the outside. Super front porch! Close to East Park.

Beautiful Craftsman Home For Sale

2010-06-11T05:51:00.000-07:00

This is a beautiful 3-bedroom craftsman home. You will love the woodwork and hardwood floors in this piece of real estate for sale in Mason City. So much character at a great price.. $160,000. Go to NorthIowaForSaleByOwner.com to see more pictures. http://www.northiowafsbo.com/property_for_sale/514_4th_street_se/index.html

Executive Homes FSBO

2010-06-11T05:34:00.000-07:00

We have two beautiful executive homes fsbo on the website this month. Both are grand and located on scenic properties. Check them out on http://www.northiowafsbo.com/

The first is located on the outskirts of Charles City close to Cedar Ridge Golf Course.
http://www.northiowafsbo.com/property_for_sale/3065_220th_street/index.html

The second is located in Mason City. http://www.northiowafsbo.com/property_for_sale/2938_morning_star_court/index.html

Another Testimonial for NorthIowaForSaleByOwner.com

2010-05-11T11:31:00.000-07:00

Scott Roberts of Mason City is another example of how homeowners are saving thousands of dollars by selling FSBO! Scott posted his house on northiowafsbo.com at the beginning of the year and is scheduled to close in the next few weeks!

"I took your advice and put up a lot of arrow signs which led to my house," said Roberts. "That brought a lot of lookers. But the person who is buying it found my home on your website."

Scott spent $80 to advertise his home on northiowafsbo.com for two months. At closing, he's set to save $4,620 in realtor commission fees. Congratulations, Scott!

For more advice on selling FSBO, go to our tips page on http://www.northiowaforsalebyowner.com

Interest Rates on the Rise

2010-04-15T08:53:00.000-07:00

If you're in the market for a new home, you already know that interest rates are on the rise. According to experts, they're hovering around 6% nationwide.

I found an interesting video clip from NBC's Today Show this morning that gives some great insight into where rates may go from here. And, more importantly, what home buyers need to consider when shopping for homes.

http://today.msnbc.msn.com/id/26184891/vp/36549153#36549153

When you're done watching, come back and see some of the great homes for sale in North Iowa. We have fsbo's in Mason City, Clear Lake, Humboldt, plus acreages, too!

http://www.northiowaforsalebyowner.com/

Do It Yourself Projects (b-4 putting the house up for sale)

2010-03-02T13:14:00.000-08:00

As spring approaches, many homeowners are getting ready to put their homes on the market. But before you put a 'for sale' sign up, you want your house to be in tip-top condition. Especially in a market where home values aren't what they used to be.

You might think that some projects, like fixing a hole in the wall, require a hired professional. Not necessarily so. Here are some great tips from The Today Show on NBC.

http://www.today.msnbc.msn.com/id/26184891/vp/34877449#34877449

Once your house is ready, visit http://www.northiowaforsalebyowner.com/ where we can help you market your home on the internet.. a tool 80% of homebuyers are using!

Clear Lake Woman Finds Dream Home on NorthIowaFSBO.com

2010-02-24T08:54:00.000-08:00

It's funny how the Internet and NorthIowaFSBO.com can make things happen for homeowners so quickly! I wanted to share what one Clear Lake woman recently told me. Her name is Emily Forsyth. She and her husband have been looking for a new home. So she turned to the Internet.

"I just Googled 'Clear Lake For Sale By Owner' and your website came up. I checked it out and our dream home was on there!", said Emily.

Less than two months later, Emily and her family are living in their new home.

NorthIowaForSaleByOwner.com can help you find or sell a home by offering a great advertising and marketing medium. All you pay is a small monthly advertising fee to be on the site. Plus, use as many pictures and as many details as you like. And the beauty of buying or selling FSBO is you don't have to pay up to 7% in a realtor's fee. Check us out at http://www.northiowaforsalebyowner.com/

Local Lender on 2010 Housing Market

2010-01-15T13:01:00.000-08:00

One of the things I like to do for people who visit northiowafsbo.com is to gather information about the housing market and make it available right here in one conventient spot. I try to do that by gathering information from sources online as well as talk to local experts.

Pat Thompson is a local lender at Farmers State Bank in Mason City. He's hopeful, but realistic about 2010.

"2010 will hopefully be a stable year. I don’t see rates doing anything drastic. Home sales by units I think will be stable and maybe slightly increase. As far as home values, I don’t think we are out of the woods yet. Still a lot of good deals out there which is great for those capable of buying but I ultimately think that the overall home values may still suffer and/or not rebound because of the deals being made now."

By mid-January 2010 it is estimated sale prices in Mason City fell an average of 5-percent during the 4th quarter of 2009.

http://http://www.globegazette.com/articles/2010/01/15/news/latest/doc4b5003f8d7a99438558809.txt#vmix_media_id=9300077

This article from CNNMoney.com reveals many insiders aren't forecasting a rise in national home prices for 2010. It cites three main reasons: a coming flood of foreclosures, rising interest rates and the eventual end of the tax credits.

http://http://money.cnn.com/2009/12/31/real_estate/home_price_drop/index.htm?postversion=2009123106

FSB's Pat Thompson has this to say about the article. "Depressing, but interesting. I agree with the article, but I do think that extremes that we feel in our local markets are far less than nationally."

Clear Lake Home For Sale By Owner

2010-01-11T11:35:00.000-08:00

This Clear Lake home has four bedrooms, is a short walk to the lake, downtown and Clear Creek Elementary! Updated kitchen, plus new furnace and AC! Must see!

Check it out on northiowaforsalebyowner.com or click here!

http://www.northiowafsbo.com/property_for_sale/1100_5th_avenue_south/index.html

One in Twenty Looking to Buy

2009-11-16T12:45:00.000-08:00

If you're in the market to sell your home, here's an interesting article recently posted on USAToday.com. It states that 1 in 20 people are looking to buy a home next year. Granted, every market is local. But it gives you a feel for what you may expect.
http://www.usatoday.com/money/economy/housing/2009-11-11-home-buying-poll_N.htm

Tax Credit Extended for First-Time and Current Homeowners

2009-11-06T11:34:00.000-08:00

A popular $8,000 tax credit for first-time homebuyers, which was set to expire at the end of this month, has been extended until June of 2010. Plus, the new provision includes a $6500 tax credit for existing homeowners who buy a new place after living in a home for at least five years. It's all part of a stimulus package overwhelmingly supported by the House and Senate and signed by President Obama today. Read more details in this article by USAToday.

http://www.usatoday.com/money/economy/housing/2009-11-06-tax-credit-signed_N.htm

Home Owners Save $200,000 in Commission Fees

2009-10-20T11:21:00.000-07:00

by Stephanie Scholl

I have a great announcement! Sellers who have sold their homes on northiowaforsalebyowner.com have surpassed the
$200,000 mark in savings!

This week, our 27th home sold!
In all, sellers have saved $215,000, or an average of $7962 each. Had these owners sold with a realtor, that money would have gone to commission fees. Instead, by choosing 'for sale by owner', or 'fsbo', they've been able to pocket that money themselves! We all can appreciate saving money during these tough economic times.

NorthIowaForSaleByOwner.com hit the Internet in September of 2006. It's a local website, based out of Mason City, Iowa. If you're considering selling a home by yourself, please take a look at testimonials from our previous clients at http://www.northiowafsbo.com/sold_homes.html

Mason City Appraiser Comments on Local Housing Prices

2009-06-07T11:33:00.000-07:00

by Stephanie Scholl

If you're trying to buy or sell a home these days, you no doubt heard that home prices fell 19% during the first quarter of 2009.

(See USAToday article) http://www.usatoday.com/money/economy/housing/2009-05-26-home-prices_N.htm

But these are figures from the nation's largest cities. What about home prices right here in Mason City, Iowa?

Mike Albrecht of North Iowa Appraisal has been appraising homes more than 11 years.

"I've seen an oversupply of homes before, but have not seen sales activity this slow for this time of year," said Albrecht.

Currently in Mason City, sales transactions of single family homes are down and the average sale price of homes are down about 20% compared to one year ago.

"So, based on the data, yes, housing prices have declined," said Albrecht. "However it's not that simple. It has been my experience based on the work I do everyday that when a home in good condition sells in the current market in a good neighborhood, it still sells close to the price it would have 12 months earlier."

So who is seeing the decline in home prices?

"Lower end homes that need work are competing with foreclosures/bank-owned properties and can sell at a substantial discount," said Albrecht.

So look around. Does your home fall into this category? Albrecht says there are things you can do without spending a lot of money. But it will take some elbow grease. His advice- clean and paint.

"If a home has an obvious deficiency, such as a 1940's kitchen, depreciated shingles, broken windows, it may make sense to update that item," said Albrecht. "However if they are looking at doing something to help the resale value of the home, soap and water and a coat of paint is the best bet."

According to Albrecht, determining the condition of Mason City's housing market is not quite as easy as a market such as Des Moines. Lately, there haven't been a large number of sales in Mason City and neighborhoods have a lot of variation.

"A larger community like Des Moines may have a slower than typical market, however would still have enough sale transactions to determine exact appreciation/depreciation percentages. Additionally, larger communities will include larger neighborhoods with very similar homes. It is easier to recognize trends when identical homes are selling for more or less than they did during another period of time."

To contact Albrecht, go to his website at http://www.northiowaappraisal.com/

Iowa Banks-First Quarter 2009

2009-05-27T19:11:00.000-07:00

There's a very interesting article in today's Des Moines Register regarding how Iowa Banks fared in the first quarter of 2009. Basically, a higher percentage of banks are reporting more non-performing loans. Banking officials say it's a sign the recession is starting to hit Iowa a little harder now.

Read more on the Des Moines Register's Website. This article has a complete database of all Iowa Banks, so you can check out your own bank's first quarter performance and how it compares to 2008.

http://www.desmoinesregister.com/article/20090527/BUSINESS/90527018

Curb Appeal Tips

2009-05-14T12:23:00.000-07:00

Finally, spring has arrived! It's time to freshen up the look of your home. Not only on the inside, but the outside- especially if you want to sell. Curb appeal is that one opportunity to make a first impression.

From my own experience of looking at homes, here are some of the first things I notice when approaching a house.

1. How does the exterior appear? Does it need a new coat of paint? Is the siding cracked or clean? Oftentimes, mildew and cobwebs need to be removed.

2. Is the front door in need of a fresh coat of paint? New shiny hardware can do wonders! Are there any cracked windows that need replacing?

3. Is the lawn freshly manicured? Leaves, branches, sticks and weeds should be removed from the lawn, corners of the house, underneath patio furniture and window wells.

4. Are the windows and screens clean?

5. Are the rain gutters clean and installed properly?

6. Flowers will add wonders to a home's curb appeal.

7. Finally, look at the landscaping. Is your home hiding behind it? It may be time to pull out those overgrown shrubs and trees.

Here are some related articles. I like this first one on trulia.com. It has great before and after pictures that show how even a dud of a home can become a dream- with a little vision!

http://www.trulia.com/blog/margaret_oscilia/2009/04/top_ten_curb_appeal_tips

http://homebuying.about.com/cs/sellerarticles/a/curb_appeal.htm

April Home Sales-Cerro Gordo County

2009-05-13T11:11:00.000-07:00

April home sales dropped from the month before in Cerro Gordo County, according to deeds filed at the county auditor's office. Here are the numbers for each month of 2009.

In April, 100 homes sold

In March, 108 homes sold

In February, 91 homes sold

In January, 74 homes sold

The good news is the numbers appear to be on the rise since the beginning of the year. One local builder commented to me that most of the homes selling are in the $60,000- $150,000 range.

Another good sign, bankers report there is an interest in mortgage applications.

"Our applications haven’t seemed to have dropped off yet. " said Pat Thompson, Farmers State Bank in Mason City. "They were slow to start but have been numerous for the last 30 to 45 days. Rates have ticked up a bit lately and are hovering around the 5% range this week. The big catch with the posted rates in publications is that this rate is for “well qualified borrowers”. I call it a start rate."

Those rates can rise based on several factors including a person's credit score and the LTV, or loan to value ratio.

House For Sale-Split Level

2009-05-13T11:04:00.000-07:00

We have a super split-level home for sale by owner. Looking for a master suite? It has it! Looking for a big garage and plenty of work space? It has it! Check it out at NorthIowaForSaleByOwner.com!

Click here!

http://www.northiowafsbo.com/property_for_sale/1202_7th_avenue_sw/index.html

Home Sales in Cerro Gordo County

2009-02-24T11:46:00.001-08:00

Talk to anyone with a home on the market and there's a lot of frustration. It's actually a great time to buy a home. Interest rates are low, prices are down, and there's a new $8000 tax credit for new homebuyers thanks to the newly passed stimulus plan. So why are things so slow? Well, it's not as slow as in other parts of the country, but I think people are just cautious. Everyday, they are hearing about how bad the economy is. They're worried about where their job will be in 6 months and are simply just staying put. They're in that 'wait and see' mode.

So how much have things slowed down in North Iowa? I've been doing a little research with the county recorder's office. This is where the deeds (i.e. home sales) get recorded when they exchange hands during a property agreement.

Here's what Colleen Pearce, the Cerro Gordo County Recorder told me. "It's been very slow compared to even last year and that was not as busy as the year before. We used to have days where 100 documents would come through here in a day (that's all documents, not just home sales). Now we have about 40 documents a day."

From 2003 to 2007, the number of properties sold averaged 1,834. But those sales fell by 20.338% in 2008 to 1,461.

And here is how 2009 is starting off. In January, records show there were only 74 home sales in Cerro Gordo County. That's a 35% decrease from January 2008 which had 114 sales. Here are the numbers up close.

YEAR/DEEDS (Home Sales) RECORDED

2003/ 1877

2004/ 2023

2005/ 1960

2006/ 1729

2007/ 1783

2008/ 1461

The good news is banks in Mason City, Iowa are not facing the banking crisis on Wall Street. For example, the folks at Farmer's State Bank have told me they want to give out more mortgages. North Iowa is a great place to live. And we're poised to move ahead at great strides once confidence is restored. The air is clean, it's a great place to raise a family, we have lots of recreational opportunities with Clear Lake, bike trails, East Park, Lime Creek Nature Center, the list goes on and on. Plus, we have great choices in education, with sound public, parochial schools and a growing North Iowa Area Community College.

Frustration won't last forever. Keep your chin up. Spring is just a few weeks away. Better times will come.

Stimulus Plan-What's in it for the Housing Market?

2009-02-17T11:42:00.000-08:00

President Barack Obama is signing the Stimulus Package.. making it law this afternoon. So what's in it for the housing industry? If you're a first-time homebuyer, you'll receive an $8000 tax credit. Some were hoping for more. (The Senate had included a $15,000 credit for all homebuyers, but that's not to be.) Evenso, the housing industry will take what it can get.

Click here to read more information at usatoday.com. http://www.usatoday.com/money/economy/2009-02-12-stimulus-package-effects_N.htm

And here's a heads-up for those homeowners feeling the threat of foreclosure. On Wednesday, Obama is expected to release details on a 50 billion dollar plan to help slow foreclosures and reduce mortgage payments.

Staging Your Home to Sell

2009-02-12T11:11:00.000-08:00

You know how parents are constantly reminding their kids to brush their teeth? (I do anyway.) It's similar to the way many homeowners need constant reminding about the importance of 'staging' if they want to sell. Let's face it, clutter rules the day in too many homes! The last person they should be showing a home to is a prospective buyer.

After visiting many homes during the past two years, here are just a few of my own tips.

1. Clear the kitchen counters. Just to name a few, get rid of the toaster, the mixer, any other appliances, the papers, the hot plates, cookbooks, get rid of dishtowels in the sink and on the stove. Take all the pictures and notes off the refrigerator. Once that's done, clean to your heart's content. That includes the inside of the refrigerator, the dirty dishwasher door, the faucet. Make it shine!

2. Clear out kitchen cupboards and pantries. Get rid of those dishes, glasses, old muffin pans, the rice cooker that you never use. I am reminded of the woman whose kitchen cupboards were stocked with three full sets of tableware and the couple with twenty coffee mugs for the two of them. Is all that stuff really necessary? If you can't part with it, find a place in storage. Show us the space in your cupboards.

3. Take it to Goodwill. Now turn to your closets. Most people could easily part with half the clothes hanging in their closets. If you haven't worn it in the past year, believe me, you won't miss it. If it doesn't fit, say goodbye. It's not only good for the appearance of your home, but for your psyche as well. Do you have baby clothes in storage just in case you have another one? If you don't plan on using them in the next year or two, I suggest letting another child in need get his/her use out of them. The same goes with too many toys.

4. Keep the furniture simple. Every wall doesn't need something on or against it. Play up the focus of each room. Is it a conversation, reading or game area? If a chair or rug looks worn, consider investing in an inexpensive new one. Same thing goes for old light fixtures.

5. Depersonalize. Make your home appealing to as many buyers as possible. That involves toning down wall colors, taking down personal photos, and decor that stands out. (I've seen a lot of football-themed bedrooms and one safari-jungle living room that, let's just say, don't appeal to a broad audience) Unfortunately, a lot of buyers are not very imaginative, so homeowners need to make it easy for them.

Ready for more? Here are some more great tips on HGTV.com http://www.hgtv.com/decorating/13-home-staging-secrets/pictures/page-6.html

Real Estate Advice Worth Watching

2009-02-09T19:22:00.000-08:00

I love this segment on the NBC's Today Show that answers your real estate questions.

Is this a good time to buy? Thinking of buying a foreclosed home? It's great advice and easy to comprehend. Click here to watch http://www.msnbc.msn.com/id/21134540/vp/29052256#29052256

Huge Tax Break for Homebuyers in Stimulus Bill

2009-02-05T08:08:00.000-08:00

As if low interest rates aren't enough, here's another great reason to be in the market for buying a home. The Senate passed a tax break of up to $15,000 for homebuyers. It's part of the 800 billion dollar economic stimulus bill under consideration.

While it still needs approval by the House and President, I wanted to let you know it's something to keep your eye on!

Read more at at usatoday.com or click here http://www.usatoday.com/money/economy/housing/2009-02-04-taxbreak-homebuyers_N.htm

Helpful Real Estate Tips and Myths

2009-01-26T19:26:00.000-08:00

I was watching the Today Show this morning and they had some helpful myths for buyers and sellers in the real estate market. It's definitely worth you time to check them out.

Just click here http://today.msnbc.msn.com/id/28818023/

December Home Sales Up

2009-01-26T12:14:00.000-08:00

This article in USA Today focuses mostly on the West Coast. But home sales grew unexpectedly in December.. even in the Midwest. Good for the consumer psyche!

http://www.usatoday.com/money/economy/2009-01-26-home-sales_N.htm

Ranch For Sale Near Elementary

2009-01-18T12:04:00.000-08:00

SOLD!!!

This is a well-cared for two-bedroom ranch with lots of room for growth located half a block from a great elementary. Great price, too! $83,750

Check it out at http://www.northiowafsbo.com/property_for_sale/114_2nd_street_south/index.html

Refinancing Applications More Popular Than New Loan Applications

2009-01-18T11:47:00.000-08:00

Mortgage rates continue to fall. Yet buyers aren't lining up for loans as many had hoped. A few days ago, I blogged on a conversation I had with mortgage lender, Pat Thompson, from Farmer's State Bank in Mason City. He mentioned he's seeing a lot of interest in refinancing applications and some interest in actual mortgage applications. A few days later, the Mortgage Bankers Association announced for the week of January 9th, more than 85% of its applications involved refinancing. Here's a related article from USA Today.

http://www.usatoday.com/money/economy/housing/2009-01-14-mortgage-applications_N.htm

Buyers Need New Mindset for 2009

2009-01-13T08:54:00.000-08:00

Wondering what to do for 2009? A lot of potential homebuyers are doing that these days. Let's face it, 2008 was not a good year for the housing market. And with more layoffs, home values sliding and state budget cuts making headlines, it's unclear whether the market will improve in 2009. So I talked to Pat Thompson, a local expert and mortgage lender at Farmer's State Bank, to get his take on the next 12 months.

[Stephanie@northiowafsbo.com] Are you hopeful for the upcoming year or already looking forward to 2010?
[Pat Thompson@ Farmers State Bank] Little of both. I think that our market correction will continue during 2009 but hopefully find some conclusion during the calendar year. Changing the mindset of borrowers and educating them on the new rules will be a big part of 2009.

[Stephanie@northiowafsbo.com] Changing the mindset?
[Pat Thompson@ Farmers State Bank] 100% conventional financing has been eliminated. Stated income programs are also gone. Any refinance within the first 6 months of ownership is considered to be a cash-out refinance vs. a straight refinance which brings on new LTV (Loan-to-Value) limitations and pricing increases. Bankruptcy and Foreclosures in a buyer's past have now created a longer period of time necessary between the date of the action and how long before they are able to get a mortgage loan.

The largest majority (of new requirements) come from a buyer's FICO (credit) score. For every 20 points your score drops, it triggers an upward pricing adjustment. 720 to 740 range, depending on the lender, is the all-clear point meaning that if you are there or above you are not penalized. According to some national statistics, 50%-60% of Americans have a credit score that falls into the penalty range. Depending on the type of loan applied for and qualifications of the borrower, their rate could be 5.125% or it could be 6.75%

[Stephanie@northiowafsbo.com] What should a home buyer do to get their affairs in order?
[Pat Thompson@ Farmers State Bank] The largest thing anyone can do in today’s market is maintain and improve credit scores. There are minimums now that didn’t use to be there and they are taking some borrowers totally out of the market either through denial or pricing adjustments.

[Stephanie@northiowafsbo.com] What kind of activity are you seeing on the banking side? Are people applying for mortgages? If so, are they getting them? What percentage of mortgages are being denied (if any) and why?
[Pat Thompson@ Farmers State Bank] There is some activity in the purchase market and quite a bit in the refinance market. With regards to denials, I haven’t had a lot although when screening refinance requests, many people are not going through with any action once they hear quotes and understand today’s new pricing requirements from Fannie Mae and Freddie Mac. Upward rate adjustments based on LTV and credit scoring are making a lot of refinances not sound so appealing.

(Here is some background on LTV's from wikipedia.com) LTV is the Loan to Value ratio. For example, if a borrower wants $130,000 to purchase a house worth $150,000, the LTV ratio is $130,000/$150,000 or 87%. Low LTV ratios (below 80%) carry with them lower rates for lower-risk borrowers.

[Stephanie@northiowafsbo.com] Let's say I want a 30-year fixed mortgage on a $200,000 house? What type of down payment is needed? If my credit is good, what type of interest rate can I get?
[Pat Thompson@ Farmers State Bank] Today’s market for conventional loans requires a minimum of 5% down on a purchase. Interest rates have varied from 4.75% to about 5.25% for a 30 year fixed rate.

In short, with interest rates so low, it is a great time to buy a home- if your affairs are in order. Here's another related article that can help you in your decision-making. http://www.msnbc.msn.com/id/28471137/

Thanks to Pat Thompson at Farmers State Bank which has offices in Grafton, Joice, Plymouth, Ventura, St. Ansgar, Northwood and Mason City. Check out their website @ http://www.fsbbanks.com/

NorthIowaFSBO-Putting You're Advertising Dollars to Work

2008-10-03T12:14:00.000-07:00

When you list your home for sale by owner on http://www.northiowafsbo.com, we put your advertising dollars to work. Here are some recent numbers.

In July 2008, northiowafsbo.com had 2624 unique visitors, 2686 visitors in August and 2219 visitors in September.

Our homeowners also benefit by the advertising dollars we spend with KIMT Television each month. In September northiowafsbo had 75,423 ad views on kimt.com with a 20% click-through rate. We also had a video commercial run on the same website. It aired 2712 times!

FSBO-A Testimonial

2008-09-13T20:54:00.000-07:00

I just received this e-mail from a past client. She sold her house for sale by owner on http://www.northiowafsbo.com/ this past summer. Here's what she said.

"Stephanie, just wanted to thank you again for your help in selling our home. I still can't believe it only took four days to sell it. After we were under contract we had other people who wanted to see the house. Even a realtor called wanting to show the house. Your excellent pictures and website really work. Please feel free to use this testimonial as proof of how great your website works. Thanks again!" Wendy Wussow, Lincoln, NE, formerly of Mason City, Iowa.

Thanks Wendy! Good luck in Nebraska. You made my day!
Stephanie Scholl
Owner, northiowafsbo.com

Homes For Sale in Clear Lake

2008-09-13T20:42:00.001-07:00

We have three new homes for sale in Clear Lake. They'd be great for the person who's not afraid of a fix-er-upper or they'd make real good rental properties. All are located close to downtown and priced to sell! Check them out at

http://www.northiowafsbo.com/property_for_sale/208_south_8th_street/index.html

http://www.northiowafsbo.com/property_for_sale/107_south_13th_street/index.html

http://www.northiowafsbo.com/property_for_sale/1215_1st_ave_south/index.html

Three Sale Pendings in July

2008-08-09T13:54:00.000-07:00

July was a great month for owners advertising their homes for sale by owner on http://www.northiowafsbo.com/ We have three Sale Pendings to let you know about. They included a cute bungalow in Mason City, an acreage in Forest City, and a wonderful family ranch in Britt. In all, the owners saved approximately $21,500 in realtor commission fees!

Rayn Majerus had this to say about whether he'd recommend northiowafsbo to a friend. "Absolutely. It worked very well. It was easy to do and we enjoyed working with you. All around it was a great experience. Our place sold in a month and a half."

Congratulations!

North Iowa Real Estate For Sale

2008-07-07T15:08:00.000-07:00

Our latest home advertising for sale by owner is located in Sheffield, Iowa.

It comes complete with a hot tub room with gas fireplace.

You can view it at http://www.northiowafsbo.com/property_for_sale/516_borst/index.html

New Home Sells in Mason City

2008-07-07T14:56:00.000-07:00

I'm pleased to announce another home has sold this month on northiowafsbo.com! Richard Wybornny, of Charles City, started advertising on the website last November. He says some buyers from Texas are moving in.

"I think it's a good way to go!" said Wybornny about advertising on http://www.northiowafsbo.com/. "We found buyers from Texas and don't have to pay that 6% realtor commission. They just click on it and the information is there."

Sale Pending

2008-06-29T20:38:00.000-07:00

The owners of 707 2nd Street SW in Mason City have accepted an offer on their home- four days after advertising on http://www.northiowafsbo.com/

"They're a young couple who has looked at sixty homes for sale," said the owner. "Their mother has been watching northiowafsbo.com and when she saw it posted she told them they better hurry and look at it. They made an offer right away!"

Iowa Acreage For Sale

2008-06-29T09:12:00.000-07:00

This beautiful North Iowa Acreage is our newest listing on http://www.northiowafsbo.com/

6 1/2 prime acres of real estate on a blacktop road! Three-bedroom home built by one of the finest carpenters in the area!

See more at http://www.northiowafsbo.com/property_for_sale/1457_480th_street/index.html

Mason City Home For Sale By Owner

2008-06-25T20:00:00.000-07:00

SOLD!!

We have another darling home for sale by owner. This one has great curb appeal and many improvements. See all the pictures and details at http://www.northiowafsbo.com/property_for_sale/707_2nd_street_sw.html

Mason City Home For Sale

2008-06-19T21:05:00.000-07:00

SOLD!!!

We have another great house for sale in Mason City. This charming brick bungalow-style home would make a great starter home. Located in a wonderful neighborhood. Super housing opportunity. Come see it at http://www.northiowafsbo.com/property_for_sale/310_south_tennessee_place/index.html

Ranch Home For Sale

2008-06-16T20:23:00.000-07:00

SOLD!!

We've just listed another ranch home for sale by owner. This one is located on a very quiet street in Britt. Small town living at its best with a new elementary and an aquatic center set to open in 2009. It's very, very nice and in turnkey condition. See more at http://www.northiowafsbo.com/property_for_sale/726_2nd_avenue_sw/index.html

NorthIowaHOBO.com is now NorthIowaFSBO.com

2008-06-10T10:30:00.000-07:00

I wanted customers, past and present, to be the first to know about some exciting changes that are happening on our website. As you may have noticed, northiowahobo.com is currently changing its name to northiowafsbo.com. While we’ve had a lot of success with the ‘hobo’ name, ‘fsbo’ is a much more broadly=used term in the ‘for sale by owner’ market. We already perform well in the Internet Search Engines, but I anticipate even higher placings under ‘fsbo’. Plus, northiowafsbo will soon be offering space for other ‘fsbo’ items, such as automobiles, campers, furniture, etc.
If you have a ‘hobo’ sign in your yard, I will have it replaced with the new name in the coming days. And don’t worry about visitors who are familiar with the ‘hobo’ name not being able to access the site. Even if they type in northiowahobo.com, they will be re-routed to the new address!

With the name change comes a change in e-mail. I can be contacted at the following..
stephanie@northiowafsbo.com
newlistings@northiowafsbo.com

Thank you for your business, past and present! If you are encountering any problems please contact me right away. Stephanie Scholl, Owner

Another Reason to Sell/Buy FSBO

2008-05-24T20:02:00.000-07:00

Several local homeowners are no doubt disappointed by the lack of potential buyers in the market. According to the following article in USA Today, existing home sales fell 1% in April compared to one year ago... the midwest saw a 6% decline. Meanwhile, the number of homes for sale on the market is 'surging'.

Find the details in the following USA Today article. There is a little bit of a rosy outlook (for homebuyers), but you have to read all the way to the end!

http://www.usatoday.com/money/economy/housing/2008-05-23-existing-home-sales_N.htm

In my opinion, there is no better time to consider selling fsbo. After getting a professional appraisal of your home, you can be much more flexible with your price- knowing you won't have to pay a six percent realtor commission.

More on Mortgages

2008-05-21T19:43:00.000-07:00

A few days ago I blogged about my conversations with some local mortgage lenders discussing a decline in applications this spring. Today, I see this related article at USAToday.com

http://www.usatoday.com/money/economy/housing/closetohome/2008-05-21-mortgage-demand_N.htm

Mason City Housing Market

2008-05-19T08:37:00.000-07:00

While the housing market in Mason City and North Iowa isn't experiencing a severe value decline as in other parts of the country, the market is definitely soft.

I've spoken to several mortgage lenders in the past few weeks. All of them agree that fewer people in general are applying for mortgages locally compared to one year ago. No longer do buyers enjoy 100% loan programs. They're needing more money down.

According to one mortgage lender "The market is definitely softening. Values are not as high so owners are hanging on to their current homes."

The good news for buyers with good credit, interest rates are still under 6%. A great time to buy if you have your ducks in good order!

April 2008 Best Month Yet!

2008-05-04T21:16:00.000-07:00

Just wanted to let North Iowa real estate owners know that April 2008 was our best month yet for visitors to http://northiowahobo.com!

We averaged a total of 3,581 unique visitors, or approximately 119 per day. These potential homebuyers also opened a whopping 12,601 pages full of information about homes for sale by owner in North Iowa.

That beat our previous record-holding month of July 2007 which averaged 107 visitors/day.

Tips for Selling FSBO

2008-04-17T22:27:00.000-07:00

As someone who has sold two homes 'fsbo', I want to share what I think are common mistakes made by others trying to do the same. It comes down to three main culprits- a lack of marketing, patience and showcasing.

Ask any homeowner who has tried to sell 'fsbo' and they will tell you the biggest challenge is getting the word out. Let's face it, putting a sign in the front yard probably isn't going to generate the amount of interest you need. But this is exactly what a lot of fsbo's are hoping. Then if the sign doesn't work in a month, they call a realtor. You need traffic!

So what options do you have? There are several possibilities- two of which stand out the most. You can advertise using the newspaper and/or the Internet. In my opinion, the newspaper is extremely expensive, the information is difficult to find and the audience is very local. On the other hand, 80% of home buyers are already using the Internet to search for homes. Why not advertise where your audience is currently searching? FSBO websites, like www.northiowahobo.com/ offer lots of information and several pictures. Plus, people from all over can access the information.

Those fsbo's with the most success recognize good marketing requires variety. Take for example, one of my clients. She's trying to sell a home without a realtor. She's always advertising on my website because it's very affordable. But right before holding an open house, she advertised for a day or two in the local newspaper and she sent out Open House post cards to all the homes in the surrounding neighborhood. Her Open House attracted 140 people on a cold, rainy day!

If you're really serious about selling 'fsbo', it's going take an upfront investment to market your home. While it may cost money in the beginning, it won't compare to the cost of a realtor's commission fee after the sale.

The second mistake I see fsbo's making is giving up too soon! Patience is hard to come by when you want to sell a home. According to the latest statistics, the average home for sale in Mason City, Iowa took 181 days to sell with a realtor. That's six months! Of the homes that have sold on http://www.northiowahobo.com/ the average sale period is four to six months. A few have sold within a month or two and the longest sale period was seven months.

One of my favorite clients was a sweet older woman with a beautiful house. After one week of trying fsbo, she told me she hadn't had any calls so she was going with a realtor. I told her she had to do what she felt was best. Let's face it, selling FSBO is not for everyone. The ironic thing is, her home was still for sale 11 months later with a realtor.

The third and final mistake I see being made by fsbo's (and any homeseller for that matter) is the house simply isn't ready to show. Clear the kitchen counters. Clean the closets. (I think the average person should get rid of at least 60-percent of what is in their closets.) Wash the windows. Get rid of the clutter- which includes picture frames and knick-knacks on tables, extra furniture and side tables. (One living room does not need four LazyBoy Recliners and two sofas.) Get the crud out from around the sinks and toilets. Fix things that aren't working- closet doors that don't open, door knobs that aren't working. And while we're at it, clear the yard of all those ornaments. They may be precious to the homeowner, but when you're selling a home, you want it to appeal to the homebuyer. And finally, freshen the air. When a homebuyer walks into the home, first impressions often come through the nose.

How Our Advertising Is Helping You

2008-04-03T19:55:00.000-07:00

I often have to remind people that I'm not a realtor. I don't sell homes. Instead, I advertise them fsbo using the Internet. The homeowners who list their homes on my website are doing the selling with the help of their own real estate attorneys.

So what's my job? My job is to get potential buyers to come to my website, http://www.northiowahobo.com/, and see those homes. I do this in a couple of different ways.

First, every month I spend a set amount of money on advertising. Keep in mind I'm a start-up business and funds are limited. So, I've focused on one main venue- the local television station and its website, http://www.kimt.com/. I have to admit, I'm extremely pleased with the results. During the months of February and March of 2008, my website has had more than 1.5 million ad views and more than 1500 clickthroughs from kimt.com.

I also am an active member/volunteer with the Mason City Chamber of Commerce. It's a wonderful organization with great ideas for growing the city and region. When people from out of town are relocating they often 'check out' this area by visiting the chamber's website, http://www.masoncityia.com/. I average 30 to 50 clickthroughs from the chamber's relocation section of its website every month.

Thirdly, word of mouth is extremely invaluable. I recently signed up a woman's home in Clear Lake and asked how she found out about http://www.northiowahobo.com/. She said her brother sold his home in Fertile using the website last fall. Now she's giving it a try. Wow! Now that's the best advertising I can get!

Number of Visitors to Website Doubles

2008-04-03T19:33:00.000-07:00

The number of visitors to North Iowa Homes Offered By Owner has doubled from one year ago!

Our March 2008 numbers are in. I'm excited to announce we saw a total of 3,227 visitors- an average of 104 visitors per day. Compare that to March 2007, when 1,649 visitors came to the site for an average of 53 per day.

I'm extremely pleased with the consistent and steady growth we are experiencing. Now that spring is here, I see no reason why those numbers shouldn't continue to grow. Word is getting out as more and more homeowners have success advertising their homes 'for sale by owner' on http://www.northiowahobo.com/.

Two More Homes Sell!

2008-04-01T10:04:00.000-07:00

It may be April Fools Day, but I have no tricks up my sleeves today!

I've just been informed from two of our homeowners that they've found buyers for their properties!

The first is a wonderful acreage outside of Rockwell with a sale pending.

The second is a nice ranch on a wooded lot in Clear Lake. "We got a lot of people calling who saw the home on the site (http://www.northiowahobo.com/)." says Kim Dwyer of Clear Lake. "It was a very good experience. I've told several people about the website."

Iowa Foreclosure Numbers

2008-01-29T17:28:00.000-08:00

Anyone who is selling or looking for a home is smart to stay on top of the housing market. Here is the latest news from the Des Moines Register regarding foreclosure rates in Iowa compared to the rest of the nation.

http://www.desmoinesregister.com/apps/pbcs.dll/article?AID=/20080129/NEWS/80129035

This article from USA Today looks at the numbers from the national perspective.

http://www.usatoday.com/money/economy/housing/2008-01-29-foreclosures_N.htm

Gearing Up For 2008

2008-01-07T11:35:00.000-08:00

Happy New Year, everyone!

I'm so excited to have northiowahobo.com become the advertising tool that helps you find or sell your next home. 2008 marks the beginning of our second year serving homeowners in North Iowa.

No doubt a continued tough market is in the 2008 forecast. Home prices are down, energy costs are up and now the jobs market is on the downside. But a tough market is still a market! Homes will sell in the new year.

By selling fsbo on http://www.northiowahobo.com, you are at an advantage. First, you have more leeway in pricing your home. Second, you know your home best. That makes you the best salesperson. And third, by using northiowahobo.com, you place your home where hundreds of potential home buyers will see it each month.

Any questions? Send an e-mail to stephanie@northiowahobo.com. I look forward to working with you over the coming months.

Happy 2008
Stephanie Scholl

New Year Starts Off With a Sale!

2008-01-06T12:43:00.000-08:00

by Stephanie Scholl

Congratulations to Nancy Peyton! After four months of advertising her Thornton home on northiowahobo.com, she's found a buyer!

"The buyers saw it on northiowahobo.com" said Peyton. "The site was awesome! For one, you're able to put more pictures in your ad. So when people are looking at a house they can see more than just the outside. I will be recommending http://www.northiowahobo.com/ to anyone who's selling a house!"

Thanks Nancy!

Customer Update

2007-12-17T12:11:00.000-08:00

Every month I like to keep my customers up-to-date on the numbers from northiowahobo.com

We had a great month advertising on KIMT-TV's website with 142,295 ad views. Basically, this is the number of computer screens in which our ad appeared. I will continue with this type of advertising as I've found it's been very effective.

Also, look for more on-air advertisements on KIMT at the beginning of the New Year.

Our own website, http://www.northiowahobo.com/, had 3206 visitors- a little more than 100 different people each day.

I want to thank you for your business and allowing me the opportunity to advertise your home for sale!

Stephanie Scholl

Housing Headlines

2007-12-15T19:27:00.000-08:00

by Stephanie Scholl

Wow. We've seen a lot of headlines about the housing market this past week. Mortgage rates rose a bit, President Bush and lawmakers are trying to step in and help homeowners who are struggling with rising mortgage payments, and now news from Fannie May that a housing recovery may not come until 2009. Here are some articles from USA Today to help keep you informed.

http://www.usatoday.com/money/economy/housing/2007-12-14-fannie-housing-recovery_N.htm

http://www.usatoday.com/money/economy/housing/2007-12-14-senate-mortgage-program_N.htm

October 2007 Good Month for northiowahobo.com

2007-11-11T20:13:00.000-08:00

October was a very good month for advertising on our website. We had an average of 105 visitors per day compared to 92 per day the month of September. In all, we had 12,910 page views!

I'm very happy with the consistent growth and increased visibility of northiowahobo.com. But we still have a long way to go. My goal is to see those numbers rise and that's what I'm striving for.. bringing buyers to your home via the Internet!
Thank you,
Stephanie

Housing Troubles Not Improving

2007-10-31T12:12:00.000-07:00

I hear from a lot of homeowners who are frustrated with the market. They have beautiful homes and no takers. Unfortunately, the housing market remains in a glut. And while it's worse in other parts of the country, many homeowners are feeling it here in north Iowa.

Everyone wants to know when home sales will pick up. I don't have a crystal ball, no one does. But there are lots of opinions out there. Here's an interesting article from USAToday.com

http://www.usatoday.com/money/economy/housing/2007-10-29-countrywide-ceo_N.htm

Another Home Sells

2007-10-29T20:08:00.000-07:00

Congratulations to Greg Jennings for selling his home in Fertile- fsbo!

Here's what he had to say about advertising on northiowahobo.com "It was very good. People called and said they saw it on the site. It worked great!"

Customer Update

2007-10-29T20:06:00.000-07:00

Every few months I like to touch base with my customers and let them know what northiowahobo.com is doing to get the word out about your home. Summer may be over, but homebuyers are still looking. In fact, visitors to our site are higher now than in June. I’m convinced it’s because people are still learning about northiowahobo.com!

During the last week and a half of October, we began another on-air advertising campaign on KIMT Television. Each ad reaches an average of 11,000 people in North Iowa/Southern Minnesota. This worked very well for us in July.

In addition to advertising on-air, northiowahobo.com is always advertising on the KIMT website, (kimt.com). In September, our ad reached more than 129,000 computer screens. Once again, we had the most number of ‘click-throughs’ to our site- compared to other businesses advertising on the same site. (A ‘click-through’ is somebody who is browsing the KIMT website, sees our ad and actually clicks-through to get to northiowahobo.com.)

At northiowahobo.com, we are also committed to finding the house hunter who is not from the area. We are a member of the Mason City Chamber of Commerce. Last month, approximately 30 of our visitors came from the ‘relocation’ section of the Chamber’s website.

I am also targeting the number one search engine, Google, to bring more visitors to northiowahobo.com. During the last two months, we have had 200 or more click-throughs from Google and Yahoo!.. Double our numbers from July.

I’d like to personally thank you for your business. If you have any questions, please feel free to call or e-mail me.

Sincerely,

Stephanie Scholl

Two More Homes Sell

2007-09-30T20:01:00.000-07:00

I just wanted to congratulate two of our homeowners for selling by themselves during the month of September... saving approximately $25,000 in commission fees. Here's proof that persistence and patience can pay. Don't give up!
Stephanie

Confused by the Market Slowdown?

2007-09-02T12:02:00.002-07:00

by Stephanie Scholl

Are you wondering why your home isn't selling? In today's tough housing climate, it's necessary for homeowners to stay on top of market trends. That involves a little continuing research. At northiowahobo.com, we try to make that research easier by posting some relevant news articles on a regular basis.

The following article is from usatoday.com. It gives some background into the mortgage industry and explains why fewer people are qualifying for mortgages... hence, fewer potential homebuyers.

http://www.usatoday.com/money/economy/housing/2007-08-30-mortgage-brokers_N.htm

Here is another interesting article from cbsnews.com. It includes tips for homebuyers who want to apply for a mortgage, plus explains how the process is tougher and what to expect.

http://www.cbsnews.com/stories/2007/08/30/business/realestate/main3220384.shtml

Look for northiowahobo.com advertising on KIMT-TV

2007-08-22T17:55:00.000-07:00

At northiowahobo.com, we are doing everything we can to get the word out about your home for sale!

Last week, we started another round of on-air advertising on KIMT-Television. Each ad reaches an audience of approximately 11,000 people in North Iowa and Southern Minnesota. The 30-second commercial includes a testimonial from one of our clients from Mason City. She and her husband sold their home earlier this summer- just 30-days after putting a northiowahobo sign in her front yard!

We also continue to advertise on the kimt.com website. During the month of May, our ad had more than 115,000 'ad views' from their site.

North Iowa HOBO: Welcome!

2007-08-20T12:53:00.000-07:00

Welcome to our new BLOG. Here, we will post exciting new homes listed for sale by owner in the North Iowa area, as well as tips for homebuyers and homesellers. Enjoy!