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Real Estate and Development

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Greater Des Moines home sales up

The Greater Des Moines housing market is on pace to surpass 9,000 homes sold in 2012, the Des Moines Area Association of Realtors said Tuesday. “We are poised to have a very strong close to …

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Fannie Mae survey finds growing confidence in housing market, economy

Americans are showing increased confidence in the housing market and the direction of the economy, according to government-controlled mortgage giant Fannie Mae, MarketWatch reported. “Consumer attitudes toward both the economy and the housing market continue …

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Construction firms build profits with home mortgages

Construction is taking a back seat to lending for some U.S. home builders, turning the uneven housing recovery into an earnings boom, Bloomberg reported.

At PulteGroup Inc., the second-largest builder by market value, mortgage revenue …

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It isn’t an earthquake, but land is moving in downtown Des Moines

The purchases last month of an abandoned building and a majority interest in a parking lot have set the stage for development of a convention hotel to support the Iowa Events Center.

Des Moines Redevelopment …

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DM plans for a green Sixth Avenue

Des Moines Mayor Frank Cownie and U.S. Environmental Protection Agency (EPA) Region 7 Administrator Karl Brooks on Monday will announce details of a project to help the city build green infrastructure.

The EPA will provide …

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Improving housing markets list drops Des Moines

The number of housing markets considered to be “improving” increased this month, but Des Moines was dropped from the list.

The National Association of Home Builders/First American Improving Markets Index added 76 metropolitan areas to …

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Making room for tacos and frozen yogurt

You might say that Bill Byrne makes good guesses.

Byrne is an Iowa native and Iowa State University graduate who moved to South Dakota in the 1970s because, as he told an interviewer more than …

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Younkers building to become apartments

The Des Moines City Council approved $3 million in federal funding to convert the old Younkers building into 120 income-restricted apartments, The Des Moines Register reported.

Mayor Frank Cownie, was disappointed that the project would …

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House prices increased in Greater Des Moines

Greater Des Moines house prices increased 2.1 percent, including distressed sales, over the year ending in October, real estate analytics firm CoreLogic Inc. said today. Prices edged up 0.3 percent from September to October. Nationally, …

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Foreclosure activity declined in October

The number of homes seized by lenders tumbled in October, while fewer properties were in the foreclosure process in another sign of improvement for the sector, data analysis firm CoreLogic Inc. said today, Reuters reported.…