Des Moines Real Estate March 2020 Wrap Up

A March like no other on record. There are few times in life that a turning point is as poignant as the one we are currently experiencing. What had been a swift start to 2020 with a strong economy and positive job growth, low unemployment and a healthy (unhealthy?) dose of politics has turned into a national and worldwide crisis. The coronavirus that started in China has now made its way around the world infecting over 170 countries and claimed over 41,000 deaths world wide.

Hundreds of thousands of individuals are out of work as sheltering in place is mandatory for some states and regions while other areas are practicing social distancing in a full on effort to flatten the curve of this epic virus.

At this point, I and many others are working hard to keep daily work and life activities as normal as possible and for me that includes continuing to watch the central Iowa real estate market and report on changes that have happened this month of March.

My mission is to keep the communication channels open and continue to look for any signs of how this crucial part of the local and state economy is being affected. There will undoubtedly be bad news and good news in the coming weeks and my hope is that the good news outweighs the bad and that I am able to shine a light on every positive sign that occurs.

Stay Healthy – Stay Informed – Maintain Social Distancing and refer to this website Coronavirus.gov for information about how to prepare and protect yourself and what to do if you think you are sick.

Click To View The Full March Report

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Click This Link for the 2019 Des Moines Real Estate Year End Market Recap

~Les Sulgrove, Vice President
VIA Group REALTORS

If you are interested in selling your home or purchasing a home, give me a call! I will help you determine your best strategy based on your local market data.

About Les Sulgrove

Les is an Iowa native born in Des Moines and raised in the southwest Iowa town of Bridgewater. He has been a resident of Des Moines since 1982 and has been married to his wife Linda for over 35 years. Together they have 3 grown children, 7 grandchildren and make their home on Des Moines south side. He has been a licensed REALTOR® since 1990 and is Vice President at VIA Group, REALTORS®. Les is the 2011 Past President of the Des Moines Area Association of REALTORS® (DMAAR) and received the award of Salesperson of the Year by DMAAR in 2007 for his involvement and service to the Association. Additionally, he is active at the Iowa Association of REALTORS® and serves on local, state and national committees. He also owns and operates the national technology networking group CyberProfessionals. This group of real estate professionals meets twice annually across the United States to learn from each other and share new marketing ideas with heavy emphasis on current and future technologies and their use in the real estate business. Les’ hobbies include golf, photography and sarcastic humor. He and Linda spend many Saturday mornings from Spring to Fall at the Des Moines Downtown Farmers Market. He enjoys spoiling his grandchildren at every opportunity.

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