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Real Estate and Development

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December house building highest since March 2008

Groundbreaking for U.S. single-family homes rose in December to the highest level in more than 6 1/2 years and permits surged, in a hopeful sign for the housing market recovery, Reuters reported. 

 

The U.S. Commerce …

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Home builders remain confident in market for new houses

Builder confidence in the market for new single-family homes declined one point to 57, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index, according to a release. This marks the third …

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Kum & Go completes a property sweep along Grand Avenue

Kum & Go LC’s Linden Street Investments LLC has completed its acquisition of the 1400 block of Grand Avenue as part of a nearly $4 million purchase of six properties in the Western Gateway from …

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Thin details of scaled-back convention center hotel go before IEDA today

The Iowa Economic Development Authority will receive an update today on scaled-back plans for a convention center hotel in Des Moines.

 

The review comes at a time when leaders from the public and private …

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Van Meter Inc. to acquire Miller Electric Supply

Miller Electric Supply Inc. and Van Meter Inc. today announced they have entered into an agreement for Van Meter to purchase Miller Electric, a leading electrical distributor with locations in Dubuque and Clinton. The transaction, …

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Statewide house sales dropped slightly last year, prices rose

Iowa house sales dipped 0.4 percent in 2014, while prices increased 1.5 percent, the Iowa Association of Realtors said today in its year-end report. “This is the third consecutive year with an increase in home …

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A California businesswoman is drawn to Greater Des Moines real estate

 

Kathy Narum is living out her California dreams while keeping her values and real estate holdings planted in the Midwest.

 

An Iowa native who now serves on the Pleasanton, Calif., City Councill, Narum …

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Former lawmaker, Prairie Meadows champion Ed Skinner dies

 

Edwin Skinner, a  powerful lawyer and former state lawmaker who was instrumental in the development of the Prairie Meadows horse track, died Monday night after a long illness. He was 78.

 

Skinner, a …

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Affordable housing as economic development

The Des Moines area has a chronic shortage of affordable housing, a fact recorded in enough dusty reports to feed wood-burning stoves across the city.

The solution isn’t just to build  more lower-rent units, say …

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More Metro homeowners are gaining value in their properties

The number of Greater Des Moines residential properties that are valued at less than their mortgages dropped to 8,619 or 7.2 percent through the third quarter of 2014, according to real estate research firm CoreLogic …