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Real Estate and Development

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Falling home values put recent home buyers ‘under water’

More than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and loans insured by the Federal Housing Administration (FHA) …

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Works in progress: Crane Artist Lofts

Frame work is taking shape for 36 one- and two-bedroom apartments at Crane Artist Lofts, 1440 Walnut St., an historic building where toilets were manufactured in the early 20th century.

Koester Construction Company Inc. has …

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Now is the time to buy

For today’s homebuyers, the weight of the monthly mortgage bill is the lightest it has been in decades, CNNMoney.com reported.

Put 20 percent down on a median-priced ($154,400) existing home, and your payment will come …

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Designer of public spaces to speak at ISU

Chris Guillard, a San Francisco-based designer of public spaces, will present the 2012 P.H Elwood Lecture in Landscape Architecture at 5:30 p.m. Friday at Iowa State University’s Kocimski Auditorium. His presentation will be followed by …

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BNIM recognized for Des Moines building

Kansas City, Mo.-based BNIM, which has an office in Des Moines, announced yesterday that its Iowa Utilities Board/Office of Consumer Advocate office building has been selected as a top 10 example of sustainable architecture.

The …

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State working to expand Shovel Ready program

About five years ago, some members of the Iowa City Area Development (ICAD) Group’s board asked the organization’s staff to list the top four issues affecting the Iowa City area.

Land use was one of …

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Shovel-ready in Iowa

An Ankeny business park development plan that’s been in the works for the past seven years will begin to take shape this year in the southeastern corner of the city.

The project, known as Crosswinds …

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Feeding the entrepreneurial fire at Terrus

Terrus Real Estate Group LLC plans a full-scale push into the real estate brokerage market, with changes that give a new title to a trusted hand and provide the company’s original broker more freedom to …

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Bipartisan agreement near on commercial property taxes

Jeff Boeyink, chief of staff to Gov. Terry Branstad, arrived at a commercial real estate forum today without notes. He didn’t need them. “I dream commercial property taxes,” he said.

That dream, reducing property taxes …

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Short sales surpassed foreclosure deals in January

The number of U.S. home short sales surpassed foreclosure deals for the first time as banks became more agreeable to selling houses for less than the amount owed on their mortgages, according to Lender Processing …