Housing

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Des Moines-area home sales continue to lag behind 2021

Nearly 10% fewer homes were sold in the Des Moines area between January and November than during the same period in 2021, according to data from the Des Moines Area Association of Realtors.

However, the …

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Downtown Des Moines apartment complex sold for $24.8 million

The Vue apartment complex, located north of Crocker Street along Ninth and Eighth streets, has been sold to an out-of-state investor. The photo above shows the dog park and building at 915 Ninth St. Photo provided …

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Project515 panelists discuss today’s residential sector

Interest rates for home mortgages are double what they were a year ago, pushing some potential homebuyers out of the market. Rates for new apartments and other rental projects are also on the rise, causing …

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$10.5 million apartment project planned in Sherman Hill neighborhood

A Coralville developer is proposing the construction of a 47-unit apartment building at 610 16th St. in Des Moines. Materials on the building’s exterior would include brick, metal panels and thermally broken aluminum glazing. Architectural rendering …

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Project515 panelists discuss today’s residential real estate sector

Interest rates for home mortgages are inching upward, pushing some potential homebuyers out of the market. Rates for new apartment and other rental projects are also on the rise, causing monthly rental rates to increase.…

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VIDEO: Project515 panelists discuss today’s housing market

 

Interest rates for 30-year home mortgages are at a 20-year high. The median sale price of a home in the Greater Des Moines area continues to hover above $250,000. New home construction has slowed. …

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$19.9M awarded to build homes for more than 90 Iowa families

Gov. Kim Reynolds announced today that $19.9 million has been awarded to 16 organizations through the Iowa HOME Grant Program. According to a news release, the funding will support more than 90 families through the …

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Nonprofit group eyes converting WDM hotel into apartments for women taking part in jail diversion program

A nonprofit has an agreement to purchase West Des Moines hotel property that would be converted into supportive housing for women taking part in a jail diversion program, the organization’s executive director told the Business…
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Des Moines-area residential construction continues to cool

New home construction in Greater Des Moines continued slowing down in October, with one-third fewer residential building permits issued than in October 2021, a review of communities’ building permit data shows.

Specifically, 253 residential building …

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$35 million, 174-unit apartment project underway in Waukee

Site work is underway in Waukee on West Light, a 174-unit apartment project on a nearly 8-acre parcel located north of Hickman Road and east of Northeast Alice’s Road. Caliber Iowa LLC is the project’s …

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