Cedar Rapids area home prices rise as inventory tightens
In Cedar Rapids and nearby communities, home prices climb while for sale inventory shrinks and homes move off market faster. Realtor Cal Ernst notes buyers grow frustrated, seeing multiple offers on listings and little room to negotiate. Through mid 2018, area data show average prices up over 3 percent from 2017, with median near 150000, and homes selling in about 52 days this year, down from prior years.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cal Ernst
Coldwell Banker
Hedges Realty
Marion
Hiawatha
Robins
Ernst
Novak
Trulia
Alexandra Lee
Lee
Matthew
Patane
Thegazette
Cedar Rapids Area Association of Realtors
Gazette
Cedar Rapids home sales drop to 565 active listings in mid 2018
In the Cedar Rapids area, six month home sales averaged 565, well below 690 last year and 1,100 in 2014. Brokers say low inventory, strong demand for affordable homes under 250 thousand, and rapid sales when priced right. Higher priced homes linger, and buyers face multiple-offer pressure.
MENTIONED IN THIS ARTICLE
Penny Novak
Skogman Realty
Ruhl & Ruhl Realtors
Iowa
Google’s Fuchsia: A New OS Aims To Replace Android
Google engineers have labored for over two years on Fuchsia a fresh operating system designed to unify devices from phones to sensors, with better voice interaction and security updates. The project began with open source code in 2016 and aims to run Google gadgets and third party devices alike, potentially embedding on home devices within three years before expanding to laptops.
MENTIONED IN THIS ARTICLE
Google
Alphabet Inc
Fuchsia
Markets tumble as Trump signals new tariffs and trade war
Bloomberg News reports markets slumped with the dollar down and Treasurys yielding higher after President Trump signaled more import tariffs. Investors worry a global trade fight intensifies as oil marks a third straight weekly loss amid energy demand fears and Saudi assurances.
MENTIONED IN THIS ARTICLE
Donald Trump
Trump
China
European Union
Federal Reserve
Fed
Kim Forrest
Fort Pitt Capital Group
Pittsburgh
Yuan
America
Saudi Arabia
Bayer to end Es sure birth control implant sales in US
Bayer said it will halt U S sales of its Essure birth control implant by year end, ending a long battle over reports of pain, uterine perforations, and other complications. The company asserts safety and effectiveness and notes Essure remains available for existing users. The United States is the last market. others exited for commercial reasons.
MENTIONED IN THIS ARTICLE
Bayer
United States
Essure
Also Mentioned on This Page
Cal Est
Coldwell Banker Hedges Realty
Matthew Patane
the Gazette
TECH
Android
Bloomberg
Mountain View
Calif
Bloomberg News
U.S
Washington Post
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