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Housing

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Des Moines-area home sales dropped 4.5% in November

The number of home sales in the Des Moines metro area dipped 4.5% in November, with 912 homes sold compared to the 955 homes sold in October, according to data from the Des Moines Area …

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Arizona group acquires Royal Oaks apartment complex

The Royal Oaks apartments at 2400 Hickman Road in Des Moines. Photo courtesy of Polk County assessor

The Grove at Hickman LLC, located in Gilbert, Ariz., and RT Family Properties LLC paid Hickman Partners LLC …

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Amare Vita: A new development designed for older, active adults

Consider this about Iowa’s population:

A little more than 1.1 million, or 36%, of Iowa’s 3.19 million residents are 50 years or older, according to information compiled by SeniorLiving.org. In Polk County, Iowa’s most populous …

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Project515 panelists discuss residential real estate sector

Since 2021, interest rates for home mortgages have more than doubled, causing challenges in the residential real estate market.

But even with higher rates, panelists on the Business Record’s recent virtual discussion about the residential …

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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 …