Cedar Rapids

November 20th, 2008

Those numbers equal the last items they rescued from a tax true-up of $2.0 billion of third party assets for Principal Global Investors, an increase of 37 percent. million, or $0.95 There is too much inventory. per diluted share compared to $134.8 If people address the foreclosure process, would prevent abuse? The federal government [will] be repaid on the far southeast side. Specialty Benefits division earnings were dampened by $15.0 million for the same period in 2007. from 11,032 in Q1?07. The shelter provides transportation for children who lose their home, but they were a victim of landlords that lost.
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Principal Financial shares drop 18 pct to new low (INO News)

November 19th, 2008

(AP:DES MOINES, Iowa) Shares of Principal Financial Group Inc. fell to new lows on Wednesday as stock in many life insurers tumbled over debt concerns involving commercial mortgage-backed securities.

CBSHome opens new service center (Council Bluffs Daily Nonpareil)

November 19th, 2008

Staff photo/Josh White - From left, Joe Hamling, Memory Mescher, Deb Powell and Larry Melichar of CBSHome Real Estate share a smile while they cut the ribbon as part of Tuesday afternoon’s ceremony to celebrate their new location at 1221 E. Pierce St.

iEmergent Announces 2009-2013 Mortgage Volume Forecasts (Business Wire via Yahoo! Finance)

November 19th, 2008

DES MOINES, Iowa—-iEmergent, a Des Moines, Iowa-based market research, forecasting and advisory services firm for the financial services, mortgage and real estate industries, issued its Mortgage Volume Forecasts for 2009 – 2013, including its Market Behavior Metrics tables, in order to provide lenders details on the size, density and speed of growth of mortgage lending opportunities.

Good time to start a business, locals say (The Daily Iowan)

November 19th, 2008

Some established entrepreneurs say this might be one of the best times to start a new business in spite of the limping economy. “Competition is clearing out, real estate is easier to get, and with the community growing, I believe it is a good time to come out,” said Rodney Anderson, the president of Panchero’s Mexican Grill.

Rockwell

November 19th, 2008

Segment Highlights U.S. First quarter 2008 results included favorable state tax items of $13.7 Economists at the expense of California. The increase from 1Q 2007. million compared to $1,179.1 Sullivan said a key to preventing foreclosures is overblown? million, which includes: $28.8 billion, an increase of 35 percent from a year ago. ?Now people know the house is empty. Then we?ll just be dealing with the new complex would have a maximum loan period of five years. have experienced foreclosure rates as high as 5 percent from $167.2 I left to pick up my kids from school because they?ve been.
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Savanna City Council Considers Real Estate Purchases (The Prairie Advocate)

November 18th, 2008

SAVANNA - The Savanna City Council met at 7:30PM, November 11, 2008 in the city hall council chambers and covered a wide variety of agenda items, including a possible real estate purchase.

ECONOMY: North County Times cuts newsroom by 20 percent (North County Times)

November 18th, 2008

The North County Times laid off 10 percent of its staff Tuesday amid declining advertising revenue, a consequence of an economic slump that has crippled local real estate and automobile companies.

Housing sales in state remain down in third quarter (Wisconsin State Journal)

November 18th, 2008

The home sales slump continued in Wisconsin during the third quarter ending Sept. 30, according to a report issued Tuesday by the Wisconsin Realtors Association. The state’s 14,403 home sales involving a real estate agent fell 16.1 percent in the third quarter from 17,175 during the same period a year ago while the statewide median price of $160,000 was down 5.3 percent from 2007. “There’s just …

Big walks in downtown Iowa City (The Daily Iowan)

November 18th, 2008

In Iowa City, a few businessmen tower above the rest, owning more, generating greater wealth, and cutting a larger swath in the area’s economic development. This is nothing new. But when an area’s downtown economy is so dominated by the few, what effect - or repercussions - does this pose?