Articles Tagged: Residential real estate

Selling prices are up, but more homes are on the market, interest rates going down

Real estate couple Jim and Liz Efting help others find their dream home.

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However, one Iowa economics expert said a recent settlement involving the National Association of Realtors will have a ‘substantial’ impact on the real estate industry

Demand for residential housing in Coralville remains high with dwindling space for outward expansion developers are looking to redevelop its aging housing stock and build upwards to meet market demands. However, due to high prices for construction materials and high interest rates affordable housing remains scarce.

With smaller floor plans than a typical single family home of their price, the new luxury condos at Douglas on First are new residents with an abundance of common areas.

Event will include properties available for lease or purchase

Development of massive industrial projects and multifamily housing soared in 2022, while office space continues to see increased vacancy rates according to a new report from GLD Commercial.

The owners of a downtown Independence hardware store received a $600,000 Downtown Housing Grant to help develop 10 apartments on its second floor.

Havenpark Communities, which owns several mobile home parks in Iowa, purchased two parks in Iowa City last month for a combined $33.5 million. Havenpark attracted attention in 2019 for hiking tenants’ rent anywhere from 24 percent to 69 percent.

Lorraine Bowans, RE/MAX real estate agent, has had a pretty hectic year. The housing market, both locally and nationally, has been hot. So hot, in fact, that some of her clients have written as many as seven or eight offers on different houses, each one above the asking price, and still not had success.

The Cedar Rapids area has experienced a historically low housing inventory.