Posts from June 2022
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What's Happening in Iowa City - Community Events
Community events in Iowa City are easily some of the most spirited in the state with enthusiast sporting events, exciting festivals, and fresh markets- the city is always buzzing. Agents in our Iowa City office shared the events they mark on their calendars and look forward to attending year after year. "There are small events happening all the time in the area, from sports, music, and art to rallies to organized bike rides. Iowa City has something for everyone."
Sporting Events
Iowa City is home to the beloved University of Iowa Hawkeyes, and with that comes many Hawkeye sporting events. U of I offers a variety of men's and women's sports from gymnastics to wrestling, basketball to football, and everything in between. Arguably the most followed sporting event would be men's football, which has a large and devoted fan base. The Hawkeyes belong to the ultra-competitive10
National and Local Outlook on Inflation and House Prices
Brian Sullivan, Senior National Correspondent and News Anchor of CNBC's 'Worldwide Exchange', recorded a segment in the Quad Cities earlier this month that included insights from local businesses around our area on how the Midwest is dealing with inflation, mortgage rates, home appreciation, and the housing supply and demand. Brian sits down with John Anderson of Quad Cities Bank and Trust, Tim Baldwin, Co-Owner of Front Street Brewery, and Ruhl&Ruhl's very own Chris Beason to better understand how inflation affects everything from the cost of beer to lumber and supplies for new construction.
"We are very fortunate here in the Midwest to be lagging in some of the natio...
10
Local Housing Prices Continue Upward Trend
Five-year home appreciation in our region was between 23.45% and 28.98% with all of our regional Metropolitan Statistical Areas experiencing positive gains. In the past year, home prices in our area have increased: +12.68% in Dubuque; +9.93% in Iowa City; 12.34% in Cedar Rapids; and +10.54% in the Quad Cities. This compares to other cities: Des Moines +15.08% and Chicago +13.35%. Of course, there is variation based on price range and location of properties, with more affordable properties appreciating more and expensive properties appreciating less. "High appreciation rates continued across housing markets during the first quarter of 2022," said William Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics. "Strong demand coupled with tight supply have kept prices climbing. Through the end of March, higher mortgage rates have not yet translated...
1
What's Happening in Burlington - Community Events
When your town juts up to one of the most powerful rivers in the country, outdoor events and community gatherings are a must! Burlington and its surrounding communities do just that, each season you can find fun events to attend that highlight the rich history of the town along with its impressive outdoor location. Agents in our Burlington office shared the events they look forward to year after year. Here are a few of their favorites!
Markets
Consider your summer and fall Thursday nights booked because the Jefferson Street Farmers Market is in full swing from May to October in downtown Burlington. Support your local farmers and creative vendors and buy goods directly from your community! The event is open every Thursday from 4:30 – 7 PM.
Music & Art
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What's Happening in Burlington - Restaurants
The town of Burlington rests along the mighty Mississippi about an hour south of the Quad Cities. When you look on a map, it would seem that besides the neighboring community of Fort Madison, there aren't very many towns near Burlington, but don't let this area fool you, as it has allowed Burlington to create a style that is entirely its own. Take the restaurants in the area, for instance, a variety of delicious eats and drinks ranging from European-influenced cafes to lively food trucks line the historic downtown streets. If you are looking to dine in and around Burlington you are in luck – the agents in our Burlington office have shared their favorite places to dine and grab a drink in Burlington and Fort Madison, Iowa.
Coffee / Café
Start your day with a boost of caffeine at Swed & Co Coffee where the café has been growing locally since 2017. "It's hands down the best place to get coffee...
