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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 …
Terry Trueblood Recreation Area Dedication
The Terry Trueblood Recreation Area was officially dedicated this morning with music provided by the Preucil School of Music string quartet including Hannah Altmaier, Fiona Edberg, Alex Choi and Alyssa Adamac. The Terry Trueblood Recreation area was the dream of Terry Trueblood, the former director of the Iowa City Parks and Recreation department, and many other dedicated Parks and Recreation commissioners, City Managers and City …
Emily Line Explaines RPR Commercial to the Commercial Round Table
RPR, Realtors Property Resource, has been in formation for a few years and is ready for Prime Time! Emily Line, the Director for Commercial Services visited from Laguna Beach, California to give the Commercial Round Table group a tutorial of this web resource. RPR is a website based aggregation of real estate data with ports for both Residential and Commercial brokers that combines listing …
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 …
Where homebuyers LOOK on the web
According to the 2012 NAR (National Association of Realtors) profile of Home Buyers and Sellers, most buyers look to the local Multiple Listing Service website to view local listings prior to purchase. Next, they look at Realtor.com, the gorilla website in America, followed closely by agent’s websites. I just revamped my agent website at www.icrealestate.com with a great search feature making it easy to …
College Towns do Well in Recessions.
College Towns do Well in Recessions. How can your city best weather an economic downturn? Based on research, make sure it has a university. As reported in New Geography’s College Towns: High Marks for Lifestyle, college towns consistently have unemployment rates below their state figures, and nationally as well. Columbus, Ohio (Ohio State University) stands at 8.9%, below the 11.2% state and 9.4% national …