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Real Estate and Development

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Median home price jumped $5,000 in December

  The median price of a house sold in Greater Des Moines increased $5,000 in December, marking a “perfect way to end the year,” according to the Des Moines Area Association of Realtors. “This is…
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USDA helped record number of rural Iowans buy homes last year

The U.S. Department of Agriculture’s Rural Development program helped 2,663 rural Iowa families buy homes last year, a record for the state, using more than $277 million in loans, according to a release.
The number …

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Bankers Trust completes sale of former Regency development land

 

An entity created by Minneapolis-based Oppidan Investment Co. last month closed on the purchase of 18.5 acres where it has developed 56 residential lots in West Des Moines’ Woodland Hills, an area formerly called Michael’s …

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Eight of 10 best places to live in Iowa are in Greater Des Moines, according to California real estate firm

Movoto Real Estate of San Mateo, Calif., ranks Waukee as the top place to live in Iowa, based on variety of factors, including its crime rate, its number of high school graduates and median income. …

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Jones Lang LaSalle arrival speaks well of local economy

Commercial brokerages in Greater Des Moines shouldn’t sweat the arrival of another national player in town, said Heath Bullock, who recently was named head of the Iowa and Greater Des Moines markets for Chicago-based Jones…
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Metro area multifamily market remains lucrative

A national real estate report suggests that rents and the demand for apartments will contract due to oversupply, but the message for Greater Des Moines is that there is plenty of room to grow.  …
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Wells Fargo to make mortgages that fall outside new lending guidelines

Wells Fargo & Co. has joined large regional lender Bank of the West in ignoring components of a federal lending rule that goes into effect Friday.

 

San Francisco-based Wells Fargo has assigned nearly 400 …

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Apartment construction could temper rent increases

U.S. apartment rents could rise 3.3 percent in 2014, little changed from last year, as the most construction in a decade boosts vacancies and limits landlords’ ability to increase rates more, according to Reis Inc, Bloomberg …

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Architect Ludwig is an artist at heart

Greater Des Moines architect Bill Ludwig was just a brush stroke away from a degree in fine arts at Iowa State University, but he turned to architecture to make a living.

“When I was at …

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State awards funds for history survey of Ingersoll Avenue neighborhood

The city of Des Moines will receive $5,900 from the Iowa Department of Cultural Affairs for a neighborhood survey that could help determine the historical characteristics of an area north of Ingersoll Avenue between 39th …