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Housing

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Habitat for Humanity hosting CEO Build on Wednesday

Top leaders from 27 area businesses will spend much of Wednesday building houses during Greater Des Moines Habitat for Humanity’s CEO Build. The CEO Build is an annual fundraising event that brings together CEOs to …

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Average value of home building permit jumped to $332,937 in July

The average value of a residential building permit in the Des Moines area shot up to $332,937 in July, the highest it’s been since October 2021 when the average permit value was $338,119, a review …

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Pace of home sales slows in Des Moines area in July

The number of residences sold in the Des Moines area dropped to 1,452 in July, 13.6% fewer than June’s 1,682 sales, Des Moines Area Association of Realtors data shows.

July’s home sales were fewer than …

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NOTEBOOK – ONE GOOD READ: U.S. housing affordability worst since 1989

Last week, the National Association of Realtors reported that its housing affordability index fell to 98.5 in June, the lowest level since June 1989, writes Nicole Friedman for the Wall Street Journal. The index factors in …

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NOTABLE TRANSACTIONS: Adel group buys apartments buildings in Des Moines

A group based in Adel has purchased three apartment buildings located in the Waveland Park neighborhood in Des Moines, Polk County real estate records show. Latus Capital LLC, located in Adel, paid 4314 University LLC $935,000 for…
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WHAT’S BEING BUILT?: 900-plus multifamily units under construction in Des Moines area

Meadowview of Clive, a 106-unit senior living facility, is among the 12 multifamily projects underway in the Des Moines area. Architectural rendering by TWP Architects

 

In the first six months of 2022, commercial building permits …

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Iowa could forfeit million of dollars in federal rent assistance

Axios Des Moines: Iowa has yet to spend nearly $80 million of federal emergency rent assistance it received in late 2020, according to the National Low Income Housing Coalition. Millions of dollars could be forfeited if …

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Habitat for Humanity building house at Iowa State Fair

Volunteers and staff from Greater Des Moines Habitat for Humanity are building a house at the Iowa State Fair, which began today. More than 350 volunteers will work on the house through Aug. 19. After …

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216-unit affordable apartment complex planned near downtown

Des Moines Register: A developer wants to build 216 apartment units on the banks of the Raccoon River just across from downtown Des Moines, but at least one City Council member believes the project needs improvements …

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Local developer interested in acquiring historic federal courthouse, possibly converting it to housing or hotel

The federal courthouse at 123 E. Walnut St. will be disposed of in the coming months by the U.S. General Services Administration. The five-level courthouse, constructed between 1927 and 1929, is on the National Register …