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Real Estate and Development

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THE BIG QUESTION: Is the farmland bubble about to burst?


The average price of Iowa farmland has risen nearly $5,000 an acre in the last decade, fueled in part by what one broker calls “stupid neighbor” sales, in which farmers adjoining a piece of property …

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October home sales up in Des Moines from a year ago

October home sales up in Des Moines from a year ago October saw a 30 percent increase from a year ago in homes sold in the Des Moines area, according to the Des Moines Area…
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Agencies partner to offer low-rate housing bonds

The Iowa Finance Authority and Federal Home Loan Bank of Des Moines today announced a partnership that will make up to $50 million in variable rate index bonds available for low-interest permanent financing to qualified …

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Cownie pushes for CDBG funding

Des Moines Mayor Frank Cownie is part of a delegation of mayors on Capitol Hill Wednesday to press the U.S. Senate for continued funding of the Community Development Block Grant (CDBG) program. Cownie is part of …

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Architects unveil database to match investors with stalled projects

The American Institute of Architects (AIA) has launched an online database where developers, architects and investors can attempt to revive projects that have stalled due to lack of financing. The AIA-designed database is at www.aia.org/stalledprojects. …

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Two Iowa cities on list of improving housing markets

Davenport has joined Waterloo on a list of improving housing markets maintained by the National Association of Home Builders. The list increased to 30 this month from 23. The National Association of Home Builders/First American …

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Housing trust projects resulted in affordable housing

The Polk County Housing Trust Fund said in a news release that investments of $1.5 million resulted in $15.5 million in projects to create and retain 746 units of affordable housing in the county. For …

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Distressed sales hit home prices in Greater Des Moines, nation

Home prices, including distressed sales, declined by 2 percent in September from the same time last year in Greater Des Moines, according to real estate research firm CoreLogic Inc. Excluding distressed sales, year-over-year prices declined …

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Now that’s global

Principal Global Investors LLC said today that it has opened an office in Dubai and appointed a managing director. The move allows Principal Global Investors to serve institutional investors, pension plan sponsors and sovereign wealth …

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Is there a fix for that?

Is there a fix for that? Midwesterners are remodeling their way through the economic recovery, according to a report today from the National Association of Home Builders. The association’s remodeling market index increased to 46.8…