It’s close enough to the end of the year to have a peek at 2009 home sales for the area. There were 2,331 homes sold for an average $182,708 that sold in an average of 102 days. In 2007 there were 2600 sales and 2300 in 2008. I’d day we’re pretty stable!
Two tax credtis for home buyers: $8,000 for first time and $6,500 for existig home owners! This is serious stimulus! Details here: http://www.federalhousingtaxcredit.com/
There is an Iowa program to help flooded commercial properties. The Iowa The Disaster Recovery Business Rental Assistance Program will reimburse 6 months of rent up to $50,000 for properties that have been flooded. Check: http://www.iowacityarea.com/News/Detail/Commercial_Rental_Assistance_Program_applications_available_now.aspx