September Brings a Continued Real Estate Upswing in our Markets
September revealed a continued improvement in home sales for Ruhl&Ruhl REALTORS in our markets in Eastern Iowa and Western Illinois.
Ruhl&Ruhl experienced a 24% increase in sales volume of new and existing homes in September, compared to the same month last year. Also in September 2009, the company’s number of units sold was up 23%.
The 3rd quarter also ended on a positive note, with a 16% increase in sales volume and 19% in units sold, as compared to 3rd quarter of last year.
“We are confident 4th quarter will show an even better improvement, since that was when the market came to a screeching halt last year,” said Caroline Ruhl, President of Ruhl&Ruhl REALTORS.
“With continued market improvement, coupled with the first-time home buyer tax credit and low interest rates, we are optimistic that home sales should stay strong through the end of 2009 and well into 2010.”
A family-owned company since 1862, Ruhl&Ruhl REALTORS annually sells approximately 3,400 homes in eastern Iowa, western Illinois and southwestern Wisconsin. Caroline Ruhl is the President and owner of Ruhl&Ruhl REALTORS, and is the fourth generation of the Ruhl family to lead the residential brokerage and home services company. Headquartered in Davenport, Iowa, the company has 250 sales associates and 60 employees based in sales offices located in Bettendorf, Bellevue, Clinton, Coralville, Davenport, DeWitt, Dubuque, Maquoketa, and Muscatine, in Iowa, and in Moline, Illinois. In addition to residential sales, Ruhl&Ruhl offers services in relocation, new home sales, farm sales, senior services, and mortgage services through 1862 Mortgage. For more information on Ruhl&Ruhl, visit their website at www.RuhlHomes.com

