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Good news from data just released from CoreLogic. Check out the decreases in foreclosure rates and delinquent mortgages for the Des Moines-West Des Moines area:
Foreclosure rate:Nov. 2011: 2.48%Nov. 2010: 2.69%
Mortgage delinquency (90+ days):Nov. 2011: 4.71%Nov. 2010: 4.81%
I get a lot of questions about the 14,000-square foot home with a football field (including goal posts), 1,000-sq ft pool, and guesthouse that was lived in for only 2 years. Well, the West Des Moines home, formerly owned by Dave Walter’s, that was built for more that $5 million in 2005-06 sold last week for $2.5 million. The property was turned over to the bank in 2008 and Northwest Bank has been trying to sell it since early 2009. If you’re interested, here’s the property link.
http://iow.mlxchange.com/DotNet/Pub/EmailView.aspx?r=704494457&s=IOW&t=IOW
Popular Des Moines neighborhood, Beaverdale, is planning to spruce up it’s business district with a roundabout on the corner of Urbandale and Beaver Avenue. This is designed to draw residents with bigger sidewalks, slow down traffic, and make the business area more attractive. Supporters have raised over $1 million to help pay for the project, but plans still need to be approved by the Des Moines City Council.
What do you think? This new trend of creating roundabouts has proponents and opponents.
According to Manpower, an employment services firm, Des Moines companies will be hiring in 2012. Who’s hiring, firing and maintaining their staff during this first quarter? The firm surveyed more than 18,000 employers in 100 metro areas to find out, and the results were posted online at Forbes, one of the leading sources for business.
Des Moines, Iowa tied for third in the country with Houston-Sugarland-Baytown, Texas. Each city had a net hiring outlook of 14 percent.
Cape Coral-Fort Myers, Fla. and Lakeland-Winter Haven, Fla. were tied for first with a 17 percent hiring outlook.
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