Subscribe and receive email notifications of new blog posts.
RSS Feed
Our markets continue to be shielded from the rest of the country's harsh decline in home prices, with our markets seeing a distinct increase, especially in the Quad Cities and Dubuque. Nationally home prices have fallen 17.50% in the last five years, but all of our markets' home prices are up: 8.51% in Dubuque; 6.35% in the Quad Cities; 3.68% in Iowa City; and 2.73% in Cedar Rapids. According to the Federal Housing Finance Agency, of the 309 MSA's (Metropolitan Statistical Areas) ranked by home price appreciation, all of our markets in eastern Iowa ranked in the top 30% in the nation – Dubuque at 11th; Quad Cities at 30th; Cedar Rapids at 79th; and Iowa City at 92nd. Analysts attribute national declines to the many foreclosures and short sales, as our markets have not been badly impacted as compared to the rest of the country. Local markets continue to provide a much more stable envir...
"Housing is more affordable than it's been in a generation. I think it is a good time to become a home owner because it's so affordable today compared to where it's been for generations," stated HUD Secretary Shaun Donovan. This is a great time to buy in our region – and here is why: 1. Our Region's Real Estate Market is healthier than the rest of the country. Take a look at how our 4 MSA's (Metropolitan Statistical Areas) compare to the 309 MSA's that HUD tracks on page 7. Based on appreciation over the past 5 years – we rock! Percent Change in House Prices in 5 Years: Cedar Rapids + 2.73 % Quad Cities + 6.35 % (Davenport, Moline, Rock Island) Dubuque + 8.51 % Iowa City + 3.68 % USA 17.5 % 2. I...
We respect your concerns about privacy and value the relationship that we have with you.
Like many sites, we use cookies on our website to collect information to help improve your browsing experience. The cookies that we use allow our website to work and help us to understand what information is most useful to visitors.
For the best website browsing experience, please enable cookies. Go here for instructions on how to enable cookies on your browser.