Housing

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Homebuyers returning to the market, real estate agent says

In the past couple years, lack of homes for sale and the fierce competition over the few that were on the market pushed many potential homebuyers to the sidelines.

Erika Hansen

Now, even though interest …

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VIDEO: Last Project515 covers 2024 outlook for housing market

Interest rates for a 30-year home mortgage are hovering around 8%, their highest levels in 23 years. One-third fewer new and existing houses have been sold in the Des Moines area in 2023 than in …

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CISS receives $2.55 million to create DM housing support center

Central Iowa Shelter & Services has announced a partnership with Iowa Total Care, a Medicaid health care coverage provider in the state and a wholly owned subsidiary of Centene Corp., to create an on-the-ground housing …

Ryan Wade principal of Wade Investments LLC

Downtown Des Moines poised to add 1,778 apartments

Multifamily developer Ryan Wade had an opportunity to buy property on the edge of Des Moines’ downtown district just prior to the start of the pandemic.

He backed away from the deal when the economy …

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Properties acquired for apartment project in Windsor Heights

Limited liability companies managed by two local developers have purchased properties in Windsor Heights on which a 105-unit mid-rise apartment building is planned, Polk County real estate records show.

Three locally owned limited liability companies…
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Luxury townhome development under construction along Ingersoll Avenue

Construction is underway on a four-building, 16-unit luxury townhome project being built on a nearly 1-acre site along Ingersoll Avenue that previously sported a dilapidated apartment building.
Urbandale-based Platinum Development Co. is building the project …

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2 proposed apartment projects would add 246 units to downtown Des Moines

A 202-unit apartment building is proposed to be constructed at 1435 Mulberry St. in downtown Des Moines. The $62 million project is proposed on the site where the Des Moines Area Religious Council’s food pantry…
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Luxury condo project proposed in West Des Moines

An area developer is proposing to build a 28-unit, owner-occupied condominium project on an 8-acre tract located on the west side of South Jordan Creek Parkway, about one-half mile north of Booneville Road. The condo…
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Origin Homes receives tax credits to build houses in 3 Iowa communities

Site work is underway in Manning on development of the Stadium View pocket neighborhood that will include 20 small residential lots and 16 large lots. Origin Homes will build five houses on the pocket-sized lots. …
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Proposed conversion of Two Ruan Center signals continued interest in downtown apartment development

Since 2010, hundreds of apartment units have been added to Des Moines’ central business district through the redevelopment of warehouses and office buildings into multifamily residences.

This week, Ruan Inc. announced that 200 more apartments …