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THE QUAD CITIES
SMALL TOWN NEIGHBORHOODS WITH BIG CITY AMENITIES !!!

Servicing-Moline and Rock Island, Illinois and Davenport and Bettendorf, Iowa, the Quad-Cities is often referred to as the Quint-Cities which includes East Moline, Illinois. There are numerous surrounding cities ie., Coal Valley, Milan, Silvis, Port Byron, and Geneseo, Illinois and Blue Grass, Eldridge, and LeClaire, Iowa to mention only a few.

New Construction

 New Construction in the Quad Cities

 

 

What We Do

Ruhl&Ruhl Realtor’s New Construction and Development Department is devoted to bringing the most experienced and conscientious home builders in our market areas together with the most desirable places to live, some of the regions’ most seasoned developers and a group of talented, dedicated and well-trained professional Realtors.

Whether a homeowner’s needs call for a starter home, a luxury townhome or condo, a place to raise a family or the opportunity to build their “Dream”, we have agents in every market who specialize in new residential construction and are well prepared to assist you in the process of building or purchasing your new home. We offer full new construction services to homeowners, builders and developers in Eastern Iowa, Western Illinois and Southwestern Wisconsin.

 

For additional information about our services for clients, builders or developers contact me.

 

Search New Construction Homes Here!

 

Mission:

·         We will remain a valuable marketing partner, not a competitor, for our clients.

·         We will provide timely and meaningful market information to our organization, our developers, our builders, our buyers and the marketplace.

·         We assist in acquiring marketing opportunities for Ruhl&Ruhl Realtors in residential new construction throughout our regional markets.

·         We support the activities of new construction within Ruhl&Ruhl Realtors and the community.

·         We help coordinate effective communication among developers, builders, agents the public and the homebuilding industry.

Primary Activities:

·         We advise in the assessment of potential projects with prospective developers, and create short term, mid-range and long term marketing plans.

·         We assist in site location for developers, builders and agents.

·         We consult with developers, builders, agents and buyers on various issues related to new home construction and development.

·         We represent projects to the various municipalities and other entities during and after the development process.

·         We participate in a variety of community and industry activities and organizations to promote the interest of responsible development and building.

·         We assemble builder groups for developers.

·         We assemble marketing teams for developers and builders.

·         We assemble, interpret and distribute timely and meaningful residential new construction information to the marketplace.

Resources:

·         We enjoy long-standing relationships with a wide range of developers, builders, experienced agents, vendors and other industry and community based organizations that can bring a comprehensive expertise to any size project.

·         We provide experience in marketing residential new construction in a variety of market circumstances and settings.

Benefits:

·         Broad based experience

·         Objective advice from a “non-competitor”

·         Widespread network of established sources of products and expertise

·         Valuable market information

Why Buy New?

People are starting to live in their homes for longer periods of time than in the recent past. They no longer change homes with every life cycle change. The practical realities of home ownership point to a new awareness of issues like energy efficiency, long term livability, flexibility and costs of ownership and operation, versus merely considering the purchase price of their next residence.

We have compiled some ideas below which we feel may be helpful in weighing your options. For additional information, please contact me.

·         Resale - New homes typically resell more quickly and at higher comparative values because of the perception of the need for fewer repairs and updates.

·         Cost of Ownership – Typically fewer repairs, updates, and lower utility costs.

·         Quality of Construction – Modern designs, construction materials and techniques help create homes that are more livable, more Earth friendly and more cost effective to own and operate.

·         Livability - modern room layouts and better outdoor/indoor space integration allow full home functionality in a smaller amount of square footage, and place emphasis on modern, rather than outdated, usage of space in the home. You are paying for space you can use.

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·         New Construction Trends

·         In keeping with the world around us, residential new construction has witnessed an explosion of new products and techniques designed to improve the overall quality of the structures we call “home”.  These advances range from the smallest components of a new home to whole new philosophies about land development and stewardship and the “GREEN” building of individual residences.  It is important to be aware of these new advances, as their inclusion in your building project can have long term impact on the livability and eventual marketability of your new home.  

·        
    In an effort to make it easier to acquaint yourself with some of the new possibilities in various areas of new home construction, we have provided links below to current articles related to different products and practices, related to specific areas of interest. 

 

Housing Starts / Statisics

 


Every home owner wants to know what is “going on” in their town or regional market and Ruhl&Ruhl REALTORS is dedicated to being your source of market information.  We routinely track, compile and distribute real estate activity information in all our markets, whether it involves new construction or existing homes.  The information that follows is designed to give you overall market area information.  For more detailed information about your town, neighborhood, street or individual home – contact me.

 

New Construction Reports:

New Housing Starts - All Markets June '09

New Construction MLS Activity Report - Quad Cities June '09

New Construction MLS Activity Report - Quad Cities May '09

New Construction Sales Summary - Quad Cities
 

New Construction Sales Summary - Quad Cities  June '09

 

New Construction Summary

Units sold in 2008 through June

Units sold in 2009 through June

Percent Change

Illinois - Totals

21

18

- 14%

Homes

12

6

- 50%

Condos

9

12

+ 33%

Iowa - Totals

128

89

- 31%

Homes

92

55

- 40%

Condos

36

34

- 6%


Strongest Market Segments*

·         llinois

o    Homes between $225K - $300K made up over 66% of all home sales (4 of 6) YTD

o    Condos between $0 - $175K made up over 58% of all condo sales (7 of 12) YTD

·         Iowa

o    Homes between $225K - $300K made up 60% of all home sales (33 of 55) YTD

o    Condos between $0 - $175K made up over 58% of all condo sales (20 of 34) YTD

·         Condos Overall: $0 - $175K made up over 25% of all sales (27 of 107) YTD. 

·         Over Condo sales are up 2% from 2008 YTD


Weakest Market Segments*

·         Illinois

o    Homes: only 5 sales since of  homes above $400K since 1/1/05

o    Condos between $225K - $300K has 33 months of inventory available

·         Iowa

o    Homes only 2 sales between $0 - $175K YTD in 2009; $500K - $700K has 21 months of inventory

o    Condos: only 1 sale above $300K YTD and almost 2 years of inventory available

·         Homes Overall: all home sales were down 41% (61 v. 104) from 2008 YTD

YTD = Year to Date 
* All information is on New Construction homes and condos taken from the the Quad Cities Area REALTOR Association.

New Construction Property Search (MLS data) Click Here

 

I am happy to answer any questions you have, contact me today!

 

 

 

 

Office:4545 Welcome Way
Davenport,IA 52807 | 563-441-5131