The Iowa City Southeast District Plan The new, hot topic in Iowa City planning is the Southeast Area Plan. City planners drafted a proposed plan based on public input provided through a series of community workshops and discussion forums with residents, business owners, and other interested members of the community. Areas discussed in the plan are Housing and Neighborhood Quality; Eastside Growth Area; …
2011 has begun and so has the Iowa City / Coralville Skogman Commercial office. Let’s take a look and see how both fare. I track the average home sales price, the price increase and the list price / sales price ratio as an indicator for the overall health of the Iowa City / Coralville real estate market. In the 29 years I have been …
The Gazette reported in the Wednesday 12-30-2009 addition that basically, prices are higher and incomes are lower than they were 10 years ago. Median income is down $2,000, public debt is double and gas is 30% higher. At least the Iowa City housing market is stable. This is good news if you’re a real estate broker, or a home owner! I believe it also …
1) The Current Condition of Real Estate in Iowa City? The residential real estate market, and as a following indicator, the commercial real estate markets are currently guarded, but healthy. Historically, for the last 20 years, or so, homes have increased in value by about 4% per year, have sold in 90-120 days and have sold for about 98% of what they were listed …
I cannot even imagine how much money that is. The real question is will this bail out have the desired effect of liberating the commercial credit markets from non-performing, or under performing “sub prime” loans allowing them to start lending to banks and businesses. And will it happen soon. Another question without an answer is what are the long-term effects of this bail out. …
2007 is shaping up to be a busy year for Realtors. November and December were very slow months, but I got all my filing done! As of January 2, things are popping! There are currently 1583 residential and 349 commercial properties on the market. This is a little higher than previous years, but not significantly. Of the residential listings, 797 are homes, 513 are …
Welcome. Local real estate news, that is real real estate news is hard to come by. We’ll fix that! I will sift the statistics and facts and post information relevant to a buyer’s or seller’s interests in Iowa City area real estate.