Posts from September 27th, 2010
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27
Home Prices Up in Our Markets
Our local markets continue to provide much more stable home prices than the rest of the country. Real estate continues to be a great investment in our region – based on the appreciation in our markets over the past five years. While nationally home prices have fallen 4.41%, in our markets prices are up: 5.69% in Cedar Rapids, 7.83% in the Quad Cities, 13.67% in Dubuque, and 5.83% in Iowa City. View our statistics in Ruhl&Ruhl's most recent copy of Facts & Trends newsletter. According to the Federal Housing Finance Agency, of the 303 MSA's (Metropolitan Statistical Areas) ranked by home price appreciation, all of our markets ranked in the top 14% in the nation – Dubuque at 2nd; Cedar Rapids at 10th; the Quad Cities at 41st; and Iowa City at 42nd. Comparing the second quarter...
