Please Note:
This profile was automatically generated using 19 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 19 references found on the Internet. This information has not been verified. Learn more...
View all 19 references Web References
-
1. www.qctimes.com
www.qctimes.com/articles/2008/ - [Cached]Published on: 3/10/2008 Last Visited: 3/23/2008
Both Gene Holst, CEO of the Quad-City Area Realtor Association, and Dave Burrows, of the Quad-Cities Homebuilders Association, said the area home sales are doing well when compared with the national market.
Home prices locally have increased at a steady pace of between 4 and 4.5 percent annually in recent years, Holst said.Last year, the average sale price of a home in the Quad-Cities increased by about 3 percent, he added.
"Our inventory levels are good," he said."The market has about a 61/2-month inventory of new and existing homes, which is down slightly from a year ago.Now, all we have to do is assure that there is (mortgage) money available to those who qualify."
The region's homebuilders are still working, Burrows said. -
2. qconline.com
qconline.com/archives/qco/disp - [Cached]Published on: 2/9/2008 Last Visited: 2/9/2008
"It's like a supermarket of home improvement and home building," said Dave Burrows, home-show director and head of the Quad Cities Homebuilders Association.
"If you're going to do windows, we have 10 to 12 window dealers," he said. -
3. qconline.com
qconline.com/archives/qco/disp - [Cached]Published on: 1/20/2008 Last Visited: 1/22/2008
"We're doing pretty good, better than other parts of the country," Dave Burrows, president of the Quad Cities Homebuilders Association, said Monday.
...
"The East and West coast housing market was driven by speculators building houses," Mr. Burrows said."We never went up that much in housing value, so when the slump hit, we didn't have anywhere to fall.
"We are one of the more affordable markets in the country," he noted.
...
While new homes have gone up in Milan and southwest Rock Island and more are expected with the opening of the Veterans Memorial Bridge at Carr's Crossing, it's been slow so far, Mr. Burrows said.
"A lot of people are gravitating toward Bettendorf," he said of new homes."Bettendorf is a hot area right now, and it has been for five or six years.What's hot and fashionable right now, at some point, will shift to Davenport and shift across the river to Illinois."
"We're very optimistic," Mr. Burrows said of the region's overall home building.With anticipated cuts in federal interest rates, "we see increased activity toward the end of 2008," he said.

