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Real Estate and Development

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U.S. housing starts up most in 4 years

Builders broke ground on more houses than forecast in December, capping the best year for the industry since 2008, Bloomberg reported.  Starts climbed 12.1 percent in December to a 954,000 annual rate, exceeding all forecasts …

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Iowa home prices up in December

Iowa Home prices were up significantly in December compared with the previous year, while the number of sales held steady, the Iowa Association of Realtors (IAR) reported.

According to the IAR’s December 2012 Housing Trends …

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Property tax reform is a top goal … again

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House sales up in December and for the year

More houses were sold in the Des Moines area in December than a year earlier, according to a report released by the Des Moines Area Association of Realtors.

The report said that 662 sales contracts …

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Still plotting the future for Green Foundry complex

Greater Des Moines real estate developer Rich Eychaner hopes to benefit from the next round of federal flood recovery money as a way to jump-start development of the former Green Foundry complex at West Martin …

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Iowa’s small businesses want property tax relief

A survey of Iowa small businesses found that 80 percent want a statutory limit on the growth of property taxes, the National Federation of Independent Business (NFIB) said today in a news release. “The property …

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East Village’s e5w offering office suites

ST Howard Development, the father-and-son team that helped spark interest in the East Village, is bringing office suites on line at its e5w building at East Fifth and Walnut streets.

The mixed-use building has featured …

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Notable transactions: 1.9.13

PAH Family L.P. paid $1.9 million to Dixon Partners LC for a 56,500-square-foot office and warehouse building at 4060 Dixon St. in Des Moines. At the time of the sale on Dec. 27, the property …

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2013 Year in Preview: Real Estate & Development

Commercial real estate: Steady as it goes

In 2013, “Des Moines will remain primarily a conservative, stable market for construction, development and owning commercial real estate.”

The words are those of Bill Wright, a senior …

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Polk County commercial real estate sales continue to climb

Commercial real estate sales in Polk County continued their steady climb last year out of the dark days of the financial crisis, both in number of transactions and in value, according to Polk County assessor’s …