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Spring is officially around the corner, and so is the spring purchase market. Across Iowa, we are seeing encouraging signs that activity is heating up. Existing home inventory is approaching a 10-year high — a welcome shift from the constrained supply we have navigated over the past several years. More listings mean more opportunity for buyers to find the right fit, sellers to make their move, and our members to step in with trusted guidance and financing solutions.
With more homes on the market, buyers are reengaging. While recent economic headlines and global events can sometimes create hesitation, what we are seeing locally is resilience. Buyers may be more thoughtful and strategic, but they are still motivated by life events — job changes, growing families, downsizing and long-term financial goals. Stability in rates compared to the volatility of recent years is also helping restore confidence. It is being reported the average age of a homeowner has increased to age 40. What barriers do your borrowers face and how do we educate them to reverse this trend? Understanding the impact of building equity and wealth by showing the impact of buying versus renting must also be considered. As mortgage professionals, this is our moment to educate, advise and lead.
This evolving market underscores the importance of staying informed and connected — which brings me to our upcoming spring conference. Join us March 24–25 at the Hyatt Regency Coralville Hotel & Conference Center in Coralville for the IMA Spring Conference. This event is designed to equip you with timely industry insights, legislative updates, networking opportunities and practical strategies to help you succeed in today’s purchase-driven market.
There’s still time to register — and I encourage you to take it one step further. Recruit a new member and invite them to attend with you. Our association grows stronger with each new voice, perspective and professional who joins our community. Bringing a colleague not only expands their network — it strengthens our industry across the state. Click here for registration and event information.
Let us capitalize on the momentum of this spring market and continue building relationships that move Iowa forward.
I look forward to seeing you in Coralville.
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