Monday, January 31, 2011

Home sales dropped last year

Des Moines area home sales dropped about 10 percent last year, according to the Des Moines Area Association of Realtors. The average sale price for the year increased about $3,200 to $160,605. Realtors say overall the market is pretty stable, since it never experienced a sharp decrease or increase in property values. Low interest rates and improved consumer confidence are the reasons 2011 will be a good one, realtors say.

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