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HCSBuilders

HCS New Construction Open House Blitz & $10,000 Incentive

Sunday, Oct. 14 from 2pm - 5pm

Thinking of purchasing a new construction home? Don't miss out on 2 great things happening with HCS Builders.

HCS New Construction Open House Blitz

Realtors from Hunziker & Associates will be having an Open House Blitz for 14 HCS new construction spec homes. All 14 homes will be open for you to tour on Oct. 14 from 2pm - 5pm. Register to win a $100 restaurant gift card from EACH HCS home in the Open House Blitz. The restaurant choices are The Cafe, El Azteca, +39, Provisions, and Brick City Grill. One winner per household.
Sunset Ridge
103 Wilder
109 Wilder
113 Wilder
117 Wilder
520 Wilder
610 Wilder
5604 Westfield
Hayden's Crossing
2021 Audubon
2213 Audubon

Dotson Place
827 Dotson

Village North-Gilbert
301 Hawthorne
Northridge Heights
2849 Aberdeen

Scenic Valley
3915 Aldrin
4111 Cartier
4326 Aldrin

Money Talks...$10,000 Incentive

HCS Builders is offering a $10,000 incentive for you to own a brand new home. Select from any of the current spec homes and choose from one of the following options:
  1. Take $10,000 off the price.
  2. Add $10,000 of upgrades to the home.
  3. Interest rate buy down & closing costs equivalent to $10,000.
This offer is only available until November 15, 2018.
 
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Trick-or-Treat Safety Tips

Plenty of people love a good Halloween scare - as long no one gets hurt. Here are some safety tips to prevent accidents at your house for the upcomming holiday.
  • Tip 1. Replace outside light bulbs. Make sure all your outside lights are working and replace bulbs with bright LED lights.

  • Tip 2. Prop open the storm door. Prevent pinched fingers by propping open the storm door. Keep with the Halloween feel by using yellow caution tape to decorate and hold the door open.

  • Tip 3. Use LED candles or flashlights inside carved pumpkins and paper lanterns.

  • Tip 4. Motion sensor lights will discourage vandals and mischief makers by illuminating your home and altering you to activity outside.

  • Tip 5. Fix any wobbly or broken porch railings to keep all the trick-or-treat guests safe.

  • Tip 6. Install friction tape to slippery steps and clear walkways of trip hazards.

  • Tip 7. Keep pets and people safe. Halloween can be a scary for a pet. Consider keeping pets in kennels or separate rooms to prevent them from running out the door or startling trick-or-treaters.


 

2 Factors to Watch in Today's Real Estate Market

When it comes to buying or selling a home, there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey; are just some of those factors. When it comes to today's real estate market, the top two factors to consider are what's happening with interest rates & inventory.

KCMPurchasingPower Interest Rates
Mortgage interest rates have been on the rise and are now over three-quarters of a percentage point higher than they were at the beginning of the year. According to Freddie Mac's latest Primary Mortgage Market Survey, rates climbed to 4.72% for a 30-year fixed rate mortgage last week.

The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.

Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford to buy will decrease if you plan to stay within a certain monthly housing budget.

HousingSupply.png Inventory
A 'normal' real estate market requires there to be a 6-month supply of homes for sale in order for prices to increase only with inflation. According to the National Association of Realtors (NAR), listing inventory is currently at a 4.3-month supply (still well below the 6-months needed), which has put upward pressure on home prices. Home prices have increased year-over-year for the last 78 straight months.

The inventory of homes for sale in the real estate market had been on a steady decline and experienced year-over-year drops for 36 straight months (from July 2015 to May 2018), but we are starting to see a shift in inventory over the last three months.

The housing supply chart shows the change in housing supply over the last 12 months compared to the previous 12 months. As you can see, in June, July, and August, inventory levels have started to increase as compared to the same time last year.

If you are planning to enter the housing market, either as a buyer or a seller, make sure that you have an experienced local agent who can help you navigate the changes in mortgage interest rates and inventory.

For more information on today's real estate market visit Keeping Current Matters.
 
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Fall Yard Care

  1. Keep Mowing: Continue to mow, as needed, to keep your grass at 2 1/2-3 inches in length. Letting grass get too long can promote fungi growth.
  2. Aerate the Soil: Aerate your lawn so that oxygen, water, and fertilizer can easily reach the grass's roots.
  3. Rake the Leaves: It's important to remove fallen leaves from your lawn as soon as possible to prevent matting that can suffocate the grass.
  4. Fertilize for Future Growth: A fall application of fertilizer delivers essential nutrients for the grass to grow deep roots now, and to keep nutrients on reserve for a healthy start next spring.
  5. Fill in Bald Spots: The quickest, easiest way to do this is with an all-in-one lawn repair mixture applied to prepared bald spots.
  6. Weed Control: Apply a herbicide now and the weeds won't return in the spring.
Read more about fall yard maintenance by visiting Fall Lawn Care: 6 Steps to take right now from Popular Mechanics.
 

October 2018 Area Events

The Pumpkin Express
Saturday October 6 at 10:00 am
Saturday October 13 at 10:00 am
Saturday October 20 at 10:00 am
Boone & Scenic Valley Railroad, Boone

Flea Market
Saturday October 6 at 9:00 am-4:00 pm
Sunday October 7 at 9:00 am -4:00 pm
Bruce L. Rastetter 4-H Exhibits Building, Iowa State Fairgrounds

Fall Festival
Sunday October 7 at 3:00-6:00 pm
McFarland Park, Ames

Brett Young
Sunday October 7 at 8:00 pm
Hansen Ag Student Learning Center

Run for the Roses
Sunday October 7 at 9:00 am
Ames Middle School, 3915 Mortensen Rd, Ames

Voices from Ellis Island
October 11-12 10:00 am
Fisher Theater, Ames

$5 Family Night
Friday October 12 at 5:00-8:00 pm
Science Center, Des Moines

Call of the West
Saturday October 13 at 7:30 pm
Ames City Auditorium, 515 Clark Ave

Celtic Thunder
Wednesday October 17 at 7:30 pm
Stephens Auditorium, Ames

Plant Walk: Fall color
Thursday October 18 at 11:00-11:45 am
Reiman Gardens, Ames

Pumpkin Carving
Thursday October 18 at 5:30-8:30 pm
Iowa Arboretum, Madrid

Pumpkin Carving
October 18-19 9:00 am & 9:00 pm
Reiman Gardens, Ames

Great Iowa Pet Expo
Saturday October 20 at 10:00 am-6:00 pm
Sunday October 21 at 10:00 am-4:00 pm
Richard O. Jacobson Exhibition Center, Iowa State Fairgounds

Ar"boo"ween
Saturday October 20 at 1:00-3:00 pm
Iowa Arboretum, Madrid

Spirits in the Garden
Saturday October 20 at 4:00-10:00 pm
Sunday October 21 at 4:00-9:00 pm
Reiman Gardens, Ames

Yoga at the Garden
Wednesday October 24 at 5:30-7:00 pm
Des Moines Botanical Garden, Des Moines

Halloween Downtown
Friday October 26 at 10:00 am-2:00 pm
Downtown Ames

Stories & S'mores
Friday October 26 at 6:00-8:00 pm
McFarland Park, Ames

Explore Your Outdoors: Camouflage
Saturday October 27 at 10:00 am- Noon
McFarland Park, Ames

Spooky Science
Saturday October 27 at 10:00 am-4:00 pm
Science Center, Des Moines

Illusion : Jackson Rayne
Saturday October 27 at 7:00 pm
Talent Factory, Nevada

Halloween Costume Skate
Sunday October 28 at 2:00-4:00 pm
Ames/ISU ice arena

Howl-O-Ween Pooch Pawty
Sunday October 28 at 2:00-4:00 pm
Ankeny Dog Park

Beggar's night in Ankeny
Tuesday October 30 at 6:00-8:00 pm
Ankeny

Something Rotten
Tuesday October 30 at 7:30 pm
Stephens Auditorium, Ames

Pumpkin Plunge
Wednesday October 31 at 2:30-5:00 pm
Science Center, Des Moines

Trick or Treat
Wednesday October 31 at 5:30-7:30 pm
Ames



 

Market Numbers

Ames 2018 2017
Oct. 1 Active listings 233 175
Homes SOLD YTD 521 516
Average Sale Price $258,005 $252,900
Average Days on Market 59 44
Sale Price to List Price Ratio 96.5% 96.8%
Story County 2018 2017
Oct. 1 Active listings 104 92
Homes SOLD YTD 247 284
Average Sale Price $191,530 $166,702
Average Days on Market 55 53
Sale Price to List Price Ratio 96.5% 96.0%
Based on Sales information as reported to the Central Iowa Multiple Listing Service as of 10/1/2018
Ames - Ames Residential and Rural Subdivisions
Story County - Residential, excluding Ames Residential and Ames Rural Subdivisions

Market Numbers

Ankeny Single Family 2018 2017
Oct. 1 Active listings 388 429
Homes SOLD YTD 1069 1387
Average Sale Price $288,156 $286,722
Average Days on Market 89 111
Ankeny Condo/TH 2018 2017
Oct. 1 Active listings 104 100
Condo/TH SOLD YTD 370 481
Average Sale Price $164,960 $156,674
Average Days on Market 90 83
Based on Sales information as reported to the Des Moines Area Association of Realtors as of 10/1/2018

Market Numbers

Boone 2018 2017
Oct. 1 Active listings 55 77
Homes SOLD YTD 203 203
Average Sale Price $138,853 $131,509
Average Days on Market 56 56
Sale Price to List Price Ratio 93.5% 94.6%
Boone County 2018 2017
Oct. 1 Active listings 76 109
Homes SOLD YTD 257 285
Average Sale Price $152,396 $141,952
Average Days on Market 57 57
Sale Price to List Price Ratio 93.8% 94.5%
Based on Sales information as reported to the Central Iowa Multiple Listing Service as of 10/1/2018
City of Boone
Boone County - Residential

Market Numbers

Nevada 2018 2017
Oct. 1 Active listings 47 47
Homes SOLD YTD 110 149
Average Sale Price $167,279 $154,581
Average Days on Market 55 53
Sale Price to List Price Ratio 95.1% 95.4%
Story County 2018 2017
Oct. 1 Active listings 104 92
Homes SOLD YTD 247 284
Average Sale Price $191,530 $166,702
Average Days on Market 55 53
Sale Price to List Price Ratio 96.5% 96.0%
Based on Sales information as reported to the Central Iowa Multiple Listing Service as of 10/1/2018
Nevada - includes communities of Nevada, Maxwell, Colo, Cambridge, Collins, McCallsburg and Zearing.
Story County - Residential, excluding Ames Residential and Ames Rural Subdivisions