isu web 102224 728x90

Housing

DSC 6869

NOTEBOOK – ONE GOOD READ: Rising interest rates sparking higher down payments for home loans, return of ARMs

Last week, the average interest rate for a 30-year home mortgage was 5.1%, the highest it’s been since December 2009, according to data compiled by FreddieMac. The higher interest is pushing some buyers out of …

DSC 6869

NOTEBOOK – ONE GOOD READ: How far would you go to buy a home?

What would you do to buy the home of your dreams? For many Americans, they would consider taking a second job to help save for a down payment. For others, they would consider taking more …

DSC 6869

Iowa evictions predicted to close in on record in 2022

Axios Des Moines: Iowa Legal Aid expects evictions to be near record levels this year as tenants find themselves without safety nets, due to the loss of emergency COVID-19 aid. The state is on track to …

DSC 6869

Rising interest rates, home prices pushing buyers out of housing market

Escalating sale prices of houses coupled with rapidly rising interest rates is pushing homeownership out of the reach of some buyers, local housing experts say.

In March, the  median sale price of a home in …

DSC 6869

NOTEBOOK – ONE GOOD READ: Investors buying newly built houses and turning them into rentals

Rental housing is becoming increasingly popular among investors, according to a recent article in the Wall Street Journal. John Burns Real Estate Consulting LLC and the National Rental Home Council, a landlord trade group, reported that …

DSC 6869

Luxury townhouses planned along Grand Avenue in Des Moines

Seven luxury townhouses are planned at Grand Avenue and 40th Street in Des Moines. Each townhouse, which will sell for $1.3 million, will have an elevator. Architectural rendering by Simonson & Associates Architects

Seven luxury townhouses …

DSC 6869

Housing subsidy ideas shared by panelists

Participants in a panel discussion on housing subsidies at last week’s Affordable Housing Week Symposium included (left to right) Steve Eggleston, Abbey Gillroy, Lisa Crabbs, Jennifer Cooper and Terri Rosonke. Photo courtesy Polk County Housing Trust …

DSC 6869

Panelists share ideas for improving housing stability

The Polk County Housing Trust Fund’s Eric Burmeister (left) moderated a panel discussion on housing stability with Anne Bacon of Impact Community Action Agency, Amal Barre of Oakridge Neighborhood and Nate Smithberg of Iowa Legal …

DSC 6869

Panelists share ways to increase affordable housing supply

Jenna Kimberley (left), president of the Home Builders Association of Greater Des Moines, moderated a panel discussion on the housing supply during this week’s Affordable Housing Week Symposium. Panelists (left to right) were Carrie Woerdeman …

DSC 6869

Housing programs get financial boosts from donations

Efforts to provide affordable housing in Polk County and to reduce the number of evictions occurring in Iowa received financial boosts this week: The county supervisors approved allocating $15.1 million from the federal government to …