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Harvard University article about the state of the national housing market for 2021
The housing market is complicated and unbalanced due to Covid “supply side” economics as applied to the housing market. Housing shortages due to owner reluctance to sell, uncertainty of present and future jobs, and dramatically increased building supplies have created shortages and thus much higher housing prices. How long will this last? Is this trend coupled with historically low mortgage interest rates? Will this …
Commercial sales / leasing checkup Q1 – 2013
It’s April 15, 2013, tax day, and let’s take a look at the commercial sales and leasing activity in the Iowa City / Coralville area market. So far, there have been 27 leasing and sales transactions. 27 leasing and sales transactions doesn’t really seem like many in 104 days. Last year at this time there were just 36 similar transactions, so the volume is …
Tim Terry and Todd Helle inform at CRT
Tim Terry and Todd Helle, partners at Terry, Lockridge and Dunn Accountants and Business Consultants presented the new tax law changes and more to the Iowa City Area Association of Realtors Commercial Round Table committee. The presentation was fact filled and specific and actually very interested and well presented. There was investor concern at the end of 2012 about dramatic tax law changes with regard to treatment …
Brook Bonk joins Edberg Team as Intern
Brooke Bonk takes time from her studies at Tippie College of Business to tackle research and marketing for the Edberg Team at Lepic-Kroeger, Realtors in Iowa City! Brooke is a junior at the University of Iowa pursuing a BBA in Marketing as well as certificates in Entrepreneurial Management and Leadership Studies. Her internship on the Edberg Team at Lepic-Kroeger, Realtors begins in April, 2013 and we are thrilled to …
Jerry Lalor joins Edberg Tram
Jerry Lalor (he’s the taller one) has joined Rachel Barnes and Jeff Edberg to round out the Edberg Real Estate Team! Jerry is a talented, pleasant and an experienced business person and Realtor®. He will be focusing on listing client services while also doing both residential and commercial sales and leasing. The listing function is the backbone of the team keeping the listing inventory fresh …
Nancy Bird Addresses Commercial Round Table
Nancy Bird, Executive Director of the Iowa City Downtown District, rocked the house with a presentation at the Iowa City Association of Realtors Commercial Round Table meeting. The presentation was on January 8th at the Iowa City Area Association of Realtors office where Nancy gave a point by point presentation for the future success of the downtown Iowa City area, its culture and its …
Jeff Joins Lepic-Kroeger, Realtors as partner
I have re-joined Lepic-Kroeger, Realtors, the largest and one of the oldest Iowa City real estate companies as a broker and partner! Lepic-Kroeger is the home to many of the areas top real estate agents, and also houses top real estate developers as well. Now, Lepic-Keorger will have the top commercial real estate team to lead sales and leasing in the area. Rachel Barnes is …
2011 Iowa City Real Estate Recap
The leasing demand in the Iowa City Area has remained modest, yet active since the flood and financial meltdown in 2008 with some qualifications. Larger corporate expansions or relocations have often been put on hold pending perceived stability in the market. Smaller startup, expansion and relocations have been moving ahead albeit at a somewhat tepid pace.Downtown Iowa City This sector is the strongest market …
Case-Shiller Housing Value Index Blues
Case-Shiller Housing Value Index Blues The national news looks bleak with regard to home sales prices across the nation. A recent report citing the Case-Shiller Index report shows that national homes prices found a peak value in July 2006 and then fell off the cliff through the recession we were all hoping we were emerging from. Values plummeted until 2009 and started …