AABP EP Awards 728x90

Real Estate and Development

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Local house prices dropped in May

Home prices, including distressed sales, declined by 0.7 percent in May in Greater Des Moines compared with May 2011 after rising 0.3 percent in April, real estate research firm CoreLogic Inc. said today. Excluding distressed …

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Foreclosures drop

A real estate research firm reported today that 63,000 foreclosures were completed in May, slightly up from 62,000 in April but down from 77,000 in May 2011.

Since the financial crisis began in September 2008, …

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CRE a big chunk of GDP

Commercial real estate is a big-ticket item when it comes to the U.S. gross domestic product (GDP), according a report presented this week at a Building Owners and Managers Association conference in Seattle, GlobeSt.com reported.…
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Fang joins Principal Real Estate Investors

Michelle Fang has joined Principal Real Estate Investors as director of marketing. In that role, Fang wil be responsible for marketing and product promotion across all four of Principal Real Estate Investors investment quadrants, including …

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University of Iowa IT building is LEED Platinum

The University of Iowa’s $30 million information technology building has received the U.S. Green Building Council’s Leadership in Energy and Environmental Design Platinum certification, the top ranking for buildings that meet the organization’s standards. The …

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Signed Lease Transactions

Carlson Chiropractic has leased 800 square feet at the 70th Street Office Building in Windsor Heights. Jesse Bunney and Jon Ledinsky of CBRE/Hubbell Commercial represented the tenant and landlord, Colby Interests.


Home Choice Senior Care has leased …

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Housing market improving as home prices fall at slower rate

In April, home prices fell at the slowest rate in a year, according to data released today from the S&P/Case-Shiller index.

Home prices only fell 1.9 percent in April from the same time a year …

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Habitat begins work on two neighborhoods

Greater Des Moines Habitat for Humanity (GDM Habitat), along with Principal Financial Group Inc. and other community organizations, plan to improve two Des Moines neighborhoods this weekend.

Starting on Thursday, volunteers will work to improve …

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Foreclosures steady, mortgage delinquencies up in Greater Des Moines

Foreclosure rates for Greater Des Moines held steady for the year ending in April, but delinquency rates edged up, according to real estate research firm CoreLogic Inc.  Among outstanding mortages, 2.57 percent were in foreclosure,…
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Sales of new houses increased in May

Sales of new single-family homes rose 7.6 percent in May to reach the highest level in more than two years, according to a report today from the U.S. Commerce Department. Purchases of newly built homes …