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The median sale price of a house sold in the Des Moines area reached yet another record high in May, at $275,000, according to Des Moines Area Association of Realtors data. May’s record surpassed the …
The Des Moines-area residential homebuilding market continued showing signs of slowing in April as rising home mortgage rates pushed potential buyers out of the market. The 14 jurisdictions surveyed by the Business Record issued 389 …
Axios Des Moines: Des Moines locals have to earn 30% more than a year ago to afford the region’s median-value home, per the latest analysis by real estate company Redfin. The income needed to afford a …
For years, residents of neighborhoods near Drake University have pushed to see rental properties converted back to owner-occupied housing. The revolving door of rental occupants coupled with inattentive landlords resulted in unsightly properties. And while new …
A few weeks after Melisa Nouchanthavong and her husband bought their first house, they discovered problems with its foundation, including a wall that was nearing collapse.
“We needed a basement gutter system and braces …
Hubbell Realty Co. this month began construction for Forge65, a 162-unit townhouse and apartment development located on about 8 acres south of Iowa Highway 163 at Northeast 60th Street in Pleasant Hill. The project was originally …
New home construction slowed in most Des Moines-area communities during the first three months of 2022, with 850 building permits issued, 17% fewer than the 1,023 issued during the same period a year ago. Of …
Nearly $20 million in grants to support downtown housing has been distributed to 61 Iowa communities, Iowa Gov. Kim Reynolds announced last week. The awards, made through the state’s downtown Housing Grant program, will create …
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 …
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 …
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