Earning the real estate industry's highest production honors for the 3^rd Quarter, the President's Award, were Rick Arnold, the Burnett Team – Chuck & Marian, Liz Deurloo, Sheryl Ford, Joe Krage, Dave Pepin, Patti Robinson, Adam Stokes, and Nick Tramp, as well as Beau Braunger, Nic Madsen, and Erin Rooney of NAI United.

Claiming the Diamond Award were Jeff Nelson, Rachel Raak-Law, and Mike Wojcik. The Platinum Award was presented to Eric Hoak, Barb Kimmel, and Lee Quade.

Receiving the Gold Award were Hank Baker and Jacquelyn Brummond. Silver Award winners were Lexi Chang, Lisa Guerra and Nathan Connelly of NAI United. Those earning Bronze Awards include Peggy Christensen, Stephanie Dattolico, Dixie Gors, Diego Hernandez, Thomas Marx, Bob Patton, and Claudia Zapata.

Individual company awards were also presented to the overall Top Producer in several categories. Dave Pepin earned the Top Residential Producer Award for the quarter with the highest closed sales volume and was also the top lister for the quarter. Nic Madsen was the Top Commercial Producer for the 3^rd quarter.

United Real Estate Solutions has been the Sioux City metro area's real estate market leader since 2001 with professional sales associates licensed in Iowa, Nebraska, and South Dakota.  The company has offices located at 302 Jones Street in Sioux City, Iowa and 400 Gold Circle in Dakota Dunes, South Dakota. They can be found online at www.unitedrealestatesolutions.com.  NAI United is located at 400 Gold Circle Suite 120 in Dakota Dunes and online at www.naiunited.com.

The Iowa Department of Revenue announced a Homestead Tax Exemption for Claimants 65 Years of Age or Older in a press release on May 15, 2023.

According to the release: Governor Reynolds signed House File 718, establishing a homestead tax exemption for claimants 65 years of age or older.  In addition to the homestead tax credit, eligible claimants who own the home they live in and are 65 years of age or older on or before January 1 of the assessment year are now eligible for a homestead tax exemption. For the assessment year beginning on January 1, 2023, the exemption is for $3,250 of taxable value.  For assessment years beginning on or after January 1, 2024, the exemption is for $6,500 of taxable value.  An exemption is a reduction in the taxable value of the property rather than a direct reduction in the amount of property tax you pay.

The Iowa Department of Revenue has ammended the Homestead Tax Credit and Exemption (54-028) to allow claimants to apply for the new exemption.  Applications are due July 1 to your local assessor.  If the exemption is granted, the exemption will be allowed for future years without future filing as long as the claimant continues to qualify.

Iowa Claimants can find the Iowa application at: https://tax.iowa.gov/forms/homestead-tax-credit-and-exemption-54-028

United Real Estate Solutions has been the Sioux City metro area's real estate market leader since 2001 with professional sales associates licensed in Iowa, Nebraska, and South Dakota.  The company has offices located at 302 Jones Street in Sioux City, Iowa and 400 Gold Circle in Dakota Dunes, South Dakota. They can be found online at www.unitedrealestatesolutions.com.

Many potential homeowners are concerned how the rate increase may impact their buying power. A new quarterly forecast from Freddie Mac's Chief Economist predicts the single-family purchase market will remain solid in 2022 and that the overall housing market will remain a bright spot in the U.S. economy. Specifically, the findings predict the 30-year fixed-rate mortgage should average 4.6 percent in 2022 and 5.0 percent in 2023. In 2021, the 30-year averaged 3.0 percent.

Curious what the changes mean for your monthly mortgage payment? In this brief video we break down the impact and give some perspective on rates over the past few decades.

https://vimeo.com/700924156

Earning the real estate industry's highest production honors, the President's Award, were Rick Arnold, The Burnett Team – Chuck & Marian, Liz Deurloo, Sheryl Ford, Barb Kimmel, Joe Krage, Jeff Nelson, Dave Pepin, and Adam Stokes, as well as Beau Braunger, Nathan Connelly, Erin Rooney and Nic Madsen of NAI United.

Claiming the Diamond Award was Lee Quade. The Platinum Award was presented to Hank Baker, Bob Patton, Nick Tramp and Claudia Zapata.

Receiving the Gold Award was Paula Brown, Judy Clayton, Eric Hoak, Sydney McManamy and Patti Robinson. Silver Award winners were Nickie Quinn and Mike Wojcik.  Those earning Bronze Awards include Peggy Christensen, Dixie Gors, Tom Marx, Linda Mathison, Rachel Raak, Cyndi Unger and Katie Worden.

Individual company awards were also presented to the overall Top Producer in several categories. Dave Pepin earned the Top Residential Producer Award for the highest closed sales volume in 2021 and Beau Braunger was the Top Commercial Producer for the year.

United Real Estate Solutions has been the Sioux City metro area's real estate market leader since 2001 with professional sales associates licensed in Iowa, Nebraska and South Dakota.  The company has three offices located at 302 Jones Street in Sioux City, Iowa, 1913 Dakota Avenue in South Sioux City, Nebraska and 400 Gold Circle in Dakota Dunes, South Dakota. They can be found online at www.unitedrealestatesolutions.com.

NAI United is located at 400 Gold Circle Suite 120 in Dakota Dunes and online at www.naiunited.com.