Iowa Housing Market Predictions

You never know with real estate.This past year might have favored your Iowa housing needs. Don't get too comfortable, though.Property and the housing market, in general, are unpredictable places. There's always the risk that it could all collapse in on itself.Let's take a look at the Iowa housing market and what the experts think will happen to it in the next year or two.Iowa Real Estate MarketIowa, like any other real estate market, is … [Read more...]

2016 Iowa Real Estate Market Predictions

Iowa, the Hawkeye State, became a state in 1846, the 29th to be added to the United States. Between the Mississippi River to the east and the Missouri River to the west, the state covers 56,272 square miles, making it the 26th largest state. At the heart of the Corn Belt, the population of 3,123,899 makes it the 30th largest state by population. Find out below if the Iowa real estate market is the right one for you to invest in. … [Read more...]

2015 Iowa Real Estate and Housing Market Predictions

In last year’s market overview for the 2014 Iowa real estate market, we wrote that this state’s local housing market was one of the few actually maintaining stable growth throughout the last 2 years. The 2008 recession hit most local housing markets pretty hard: the real downward effects of the recession were actually only visible towards its end (in 2010 and a bit into 2011 as well for most states and markets). From 2012, a very slow recovery … [Read more...]

2014 Iowa Housing Market

The 2014 Iowa housing market remains one of the few real estate markets which safely stabilized over the past thirty months or so. Of course, this housing market still has yet to experience the peaks from its days inside the housing bubble (which we can certainly argue is a good thing). The figures derive from pricing for both single-family units and condos. As mentioned before, perhaps that’s good news when all is said and done. The key to any … [Read more...]

2013 Iowa Housing Market

The big real estate news in Iowa in 2013 is largely commercial- and farm-related. Forbes Magazine recently named Des Moines one of a handful of emerging downtowns, thanks to the city’s efforts to revitalize its commercial core. The distinction is focusing national attention on the city’s Principal Riverwalk, public art, and attempts to increase housing. The Business Record published an article in March (“Commercial real estate: Steady as … [Read more...]

2012 Iowa Housing Market

While most of the U.S. deals with the fallout of the financial crisis and the real estate collapse, Iowa is experiencing some of the most prosperous times in history as farming drives the state to its best run in decades. Farm profits are spiking in the midst of the worst U.S. economy since at least the Great Depression. The sale of grains, corn and soy beans are bringing farmers record profits as demand exceeds supply for international … [Read more...]

Home Values Rising in Hard Hit Markets

By Mike Colpitts A tighter inventory of homes listed on the market for sale are sending home values rising in some of the most unlikely U.S. housing markets, according to real estate research firm CoreLogic. Three states which cities have experienced some of the steepest deflation in home values in the nation are witnessing appreciation. Hard hit Florida, Michigan and Arizona are seeing a boost in average home values. Led by long suffering … [Read more...]

Economists Forecast Sharp Real Estate Rebound

By Mike Colpitts A group of leading U.S. economists forecast broad improvements in the nation's economy, real estate capital markets and the housing market through 2014. The projection was issued after the Urban Land Institute surveyed economists for its new real estate consensus forecast. The survey of 38 economists across the country, found that 2012 may mark the beginning of a turnaround in the housing market. Single family home starts, … [Read more...]

Feds Reach Mortgage Deal with 49 States

By Mike Colpitts The U.S. government and 49 states attorneys general have reached a landmark $25-billion agreement over the robo-signing scandal with the country's largest five banks. The unprecedented deal closes a chapter in the nation’s foreclosure crisis, which has cost millions of homeowners their homes. The agreement offers financial relief to some homeowners caught in the crisis, but provides only minimal relief to others. The deal … [Read more...]

Housing Market Bottoms Hit as Home Values Escalate

By Mike Colpitts Following years of hard times, declining home values and a record volume of foreclosures, the housing market is finally hitting the bottom in at least some U.S. cities, and it can’t come soon enough for plenty of others. North Dakota, South Dakota and parts of Texas are booming with oil and natural gas exploration driving many home prices higher. A delayed recovery, however, will be in effect for much of the nation as the … [Read more...]