Acquire Magazine

Volume 13 • Issue 1

E c h o Va l l e y C o u n t r y C l u b

f e at u r e d b u i l d e r s :

Jerry Bussanmas Homebuilders

Iowa Association of Realtors: Home Price Statistics READ MORE ON PAGE 20

Featured Developments READ MORE ON PAGE 18

Don't want to be taken advantage of when buying a home?

www.TheTruthAboutHomebuying.com Get your FREE report on the top 5 costly homebuyer mistakes!

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F e at ure d De v e l opme n t s • Located just 1 mile north of Hickman Ave and Alice’s Rd

• Just west of Otter Creek Golf Course in NE Ankeny

• Plat 1 now available

• Plat 5 ready to build on, Plat 6 available May 2013

• Pre-selling for Summer 2013 delivery of Plat 2 • Waukee school district • 70’, 75’, and 80’ lots priced from $50-$70k’s

• NE Ankeny school district • 65’-70’ lots with just 5’ sideyard setbacks, priced in the $40k’s • 36th St I-35 Interstate Exit NOW OPEN!

Verona Hills South

<<<<< Clive >>>>>

Ledgestone

<<< Ankeny >>>

Eric J. Grubb, CCIM <<<< 515-975-7441 >>>>

eric@solidgroundiowa.com 2

Offering a unique approach to custom home building combined with award winning designs and sought after reputation makes Neighborhood Builders the clear choice.

6205 Mills Civic Parkway, Suite 200 West Des Moines, Iowa 50266-8004 P: (515) 267-9001 F: (515) 252-6222 Chad Baker: 515-202-6233 chadbaker@iowarealty.com

NeighborhoodBuilders.com

3

Snow Removal • Residential

• Commercial

lu s P Landscaping &

Skid Loader Services

too!

Check out our website! www.wdsmlawncare.com Kurtis Wiedmann • 515-971-0408 • Kurtis@wdsmlawncare.com

Manage Exchange and Professional Risk with the Midwest’s Premier Exchange Resource

• Delayed, • Delayed, Reverse, Reverse, Improvement, Improvement, Building Strong Relationships. and and Personal Personal Property Property Exchanges Exchanges Creating Customized Value.

• Documentation, • Documentation, Consultation, Consultation, and and Instruction Instruction • Fidelity • Fidelity Bond Bond and and E&O E&O Insured Insured • Professional, • Professional, Accurate, Accurate, Secure Secure Services Services • Reduced • Reduced Fees Fees forfor Cancelled Cancelled and and Failed Failed Exchanges Exchanges • 515.279.1111 • 888.226.0400 • fax 515.279.8788 • www.ipe1031.com IPE 1031 • 1922 Ingersoll Avenue Des Moines, Iowa 50309 • Exchange ••Exchange Funds Funds Held Held in in Secure Secure and and Segregated Segregated Accounts Accounts • Delayed, Reverse, Improvement, • Certified • Certified Exchange Exchange Specialist Specialist onon Staff Staff

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and Personal 1Property 0 3 1Exchanges E xch a nge • Documentation, Consultation, and Instruction IPEIPE 1031 1031 • 1922 • 1922 INGERSOLL INGERSOLL AVENUE AVENUE • DES • DES MOINES, MOINES, IOWA IOWA 50309 50309 David David Brown, Brown, President President 515.279.1111 515.279.1111 • 888.226.0400 • 888.226.0400 • FAX • FAX 515.279.8788 515.279.8788 • WWW.IPE1031.COM • WWW.IPE1031.COM • Fidelity Bond and E&O Insured

Inside this issue The Ridge At Echo Valley Plat II...................................... 16 Vista: Featured Developments....................................... 18 Iowa Association of Realtors: Home Price Statistics........................................................ 20 www.facebook.com/acquiremagazine www.acquiremagazineonline.com/blog Published by Acquire Magazine, LLC || Production partner: EDJE Technologies For information concerning advertising contact: EDJE Technologies at 866-839-3353 Publisherâ&#x20AC;&#x2122;s Notice: All advertisements for the sale, rental, financing, appraisal, & insurance of residential properties is subject to the Fair Housing Act, which generally makes it unlawful to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, national origin, handicap or family status. Acquire Magazine will not knowingly accept any advertising for the sale, rental, financing, appraisal, or insurance of residential properties that include any unlawful preference, limitation, or discrimination.

Bussanmas - One of the builders at The Ridge Plat II - See more on page 16!

Jerry Bussanmas Homebuilders

Think left, think right, think low, think high, oh the things you can think up, if only you try! â&#x20AC;&#x201C; Dr. Seuss

www.jerrybus.com 5

S ee a

We want to help you support your favorite charities (i.e. schools,

S OLD

church, fire department, baseball, softball, soccer).

Simply ask me to donate 5% of the commission I earn on your sale or purchase of any real estate.

Sign S ooner!

My way of saying thank you to everyone!

Call 515-669-7355

$178,200

1235 Bellflower Dr. Carlisle Text 123134 to 79564

L@@K $ 220.48 Mo. P.I.

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3414 Bowdoin St. Des Moines Text 122786 to 79564

L@@K $ 340.69 Mo. P.I.

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e

lly Re m To ta

$64,900

907 E. 9th St. Des Moines Text 68103 to 79564

SE Po lk Ac rea g

rte r Gr ea tS ta

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3102 3rd St. Des Moines Text 836581 to 79564

Gr ea tI

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$42,000

$69,900

3600 E. 40th St. Des Moines Text 886421 to 79564

od ele d

L@@K $ 935.45 Mo. P.I.

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$137,900

$199,900

7755 NE 108 Pl. Bondurant Text 84848 to 79564

en t

Ow ne rR es ale On e

La

Al lU pd

at ed

ke Fis hi ng

www.SWolvers.ValuedAgent.com

$399,900

102 1st St. S.E. Bondurant Text 27788 to 79564 Commercial Property Approximately 3,640 sq. ft.

9700 NE 23rd Ave. Altoona Text 39196 to 79564 Many Lots Available Starting at $39,900

All payments based on FHA 30 yr. fixed rate 3% interest with .625 buydown. Based on 640 or above credit score. Some will not qualify. Rates subject to change. Rates as of 1/7/12.

See a SOLD sign sooner!

Each office independently owned and operated.

6

Steven Wolvers | Re/Max Suburban 102 1st St. S.E. | Bondurant, IA Call: 515-669-7355 | Email: remaxslw@aol.com Info on all homes: Text the ID # to 79564

24 hour All MLS Listings:

www.SWolvers.ValuedAgent.com

Stone Prairie | Waukee, Iowa Plats 2 & 3 Available for 2013 Construction Description: Stone Prairie consists of five remaining lots in Plat 1 with 34 lots available for 2013 construction in Plats 2 and 3. Stone Prairie is ideally located in one of the metro’s fastest growing communities on SE LA Grant Parkway, adjacent to the existing Waukee Middle School as well as a future school site, and just over one mile from the Waukee High School. Great access to University Avenue, Ashworth Road, I-80 and I-35, and the future Alice’s Road extension.

School District: Waukee Directions: Travel west from Interstate 80/35 on University Ave/Hwy 6 into Waukee, IA. Turn south on SE LA Grant Pkwy and continue approximately one mile.

Stone Prairie is located on the west side of road directly across from Waukee Middle School.

Contact for lot specific pricing, plat maps, and covenants.

Peoples Company Listing #1626

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com © 2012 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Diligent Development Group, L.L.C. 1300 50th St. Suite 106 | West Des Moines, IA 50266 Phone: (515) 240-7500 | Email: info@diligentdevelopment.com

www.DiligentDevelopment.com 7

Orchard Trail | Norwalk, Iowa Lots Available for 2013 Description: Residential lots available throughout the coveted Orchard Hills Development in Norwalk, IA. Now selling lots in Orchard Trail Plat 3. Something for everyone including daylight, flat, walk-out, cul-de-sac, treed lots. Take advantage of the residential tax abatement offered through the City of Norwalk. Located in the highly sought-after school district of Norwalk. Close to schools, parks, and churches. Enjoy the feel of small-town living while taking advantage of the Metro amenities. Development is located 1.3 miles from Norwalk High School, 5.1 miles from Interstate 35, and just a short commute to anywhere in the Des Moines Metro.

School District: Norwalk Zoning: R - Residential Directions: From West Des Moines, travel south on I-35.

Take exit 65 toward Cumming.

Head west on Hwy G14 and continue approximately 5.1 miles. Turn south on Sycamore Dr. into development.

Contact for lot specific pricing, plat maps, and covenants.

Peoples Company Listing #1910

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com Kalen Eastwood Ludwig 515-402-3169 Kalen@PeoplesCompany.com Š 2012 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

8

Diligent Development Group, L.L.C. 1300 50th St. Suite 106 | West Des Moines, IA 50266 Phone: (515) 240-7500 | Email: info@diligentdevelopment.com

www.DiligentDevelopment.com

The Grove | Ankeny, Iowa Lots Available for 2013 Description: 29 single family residential lots available in Plat 1 of The Grove located in Ankeny, Iowa. Lots have 65’ and 75’ frontages and include a variety of walkouts, daylights, and flats. Located a quarter mile from the proposed Ankeny Catholic School site, just 2.5 miles from the Saylorville Marina, less than 5.0 miles from I-35, and just a short commute to anywhere in the Des Moines Metro. Property sits just north of Cherry Glenn Estates, one of Ankeny’s fastest growing subdivisions.

School District: Ankeny Zoning: R-1 Single Family Directions: From I-35, take the 1st St exit and head west approximately 4.3 miles to Abbie Dr. Turn right heading north on Abbie Dr. and continue 0.5 miles.

Contact for lot specific pricing, plat maps, and covenants.

Peoples Company Listing #10653

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com © 2012 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Diligent Development Group, L.L.C. 1300 50th St. Suite 106 | West Des Moines, IA 50266 Phone: (515) 240-7500 | Email: info@diligentdevelopment.com

www.DiligentDevelopment.com 9

Elegance in the Making

Basement

Main Level

Un

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Co r e

tr ns

u

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n

NEW CONSTRUCTION | $264,900 510 Braeburn Dr. | Norwalk, Iowa | Orchard Hills Peoples Company Listing Number: #10840 Features: • Spacious ranch plan by KRM Development • Norwalk School District • Over 2,350 finished square feet • 4 bedroom/3 bath • Vaulted ceilings in main living area • Kitchen has granite countertops, stainless steel appliances • Sun filled eat in area with access to 12x12 deck • Master suite includes walk-in closet and private tiled bath • Finished lower level with family room, 4th bedroom, bath • Floor to ceiling stone fireplace in great room • First floor laundry and mudroom with cubbies • 1 year builder warranty included Call for more details about building with KRM Development!

Kalen Eastwood Ludwig 515-402-3169 | Kalen@PeoplesCompany.com 10

14

12 Lots in Norwalk’s Orchard Hills Development Starting at $46,900!

Call to build a custom today!

1 2 3

13 12 11 10

4 5 9

8 7

6

Walkout Daylight Standard

KRM Development, LLC | www.krmdev.com

www.PeoplesCompany.com

Visit any one of our current neighborhoods and experience Grayhawk Homes of Iowa

1. Verona Hills South

(W Ave & Douglas Pkwy)

Katie Sell: 453-6203

2. Boston Commons

(Berkshire & Boston Pkwy)

Coming Soon!

3. Warrior Ridge

(SE LA Grant & SE Westown Pkwys)

Katie Sell: 453-6203

4. Glynn Village

(SE University Ave)

Katie Sell: 453-6203

5. Sienna Ridge Gardens (Active Adult)

(Ashworth Rd & 88th St)

Summer Clark: 453-5969 Jodi Ingham: 453-5792

6. Bridgewood North (Multi Family)

(Bridgewood Blvd & S 81st St)

Jennifer Thorn: 453-5491 Erin Herron: 453-5683

7. Bridgewood North

(Bridgewood Blvd & S 81st St)

Jennifer Thorn: 453-5491 Erin Herron: 453-5683

8. Woodland Hills

(S 95th St & Booneville Rd)

Chris Albright: 453-5244 Brandon Winn: 453-6134

9. Fox Valley

(Adams St & 40th Ave)

Chris Albright: 453-5244 Brandon Winn: 453-6134

10. Crosshaven

(100th St & Hazelwood Ave)

Katie Sell: 453-6203

11. Ironwood

Call any of our agents for more information

www.grayhawkhomesofiowa.com

(Altoona, 21st St & Hearthstone Circle SW)

Chris Albright: 453-5244 Brandon Winn: 453-6134

12. The Legacy

(Norwalk, Hwy 28 & High Rd)

Chris Albright: 453-5244 Brandon Winn: 453-6134 11

9811 Valley Pkwy | Johnston | $ 325,000

BDrM. 3

BatH rM.

BDrM. 4

7605 NW 99th Ct | Johnston | $ 379,000

9378 Sugar Creek Cir | W Des Moines | $364,000

laUnDry DInInG rM. FaMIly rM. BatH rM.

KItCHen BDrM. 2

MUD rM. Mstr. BDrM.

Second Floor

entry

"Rivera Plan" First Floor: Second Floor: Total:

1088 SF 1391 SF 2479 SF

oFFICe

The "Cindy Lynn" 90244 Wooded Point Dr | Johnston | $ 415,000 16027 Northpark Dr | Urbandale | $298,000 16023 Northpark Dr | Urbandale | $284,000 First Floor: 1040 SF

bedroom: bath: basement:

3 1/2 unfinished

main Floor

Second Floor: Total: bedroom: bath: basement:

9808 Valley Pkwy | Johnston | $ 329,500

1186 SF 2226 SF

4 2 1/2 unfinished

9802 Valley Pkwy | Johnston

9909 Valley Pkwy | Johnston | $ 356,000

www.meadowbrookbuildersllc.com Home sites available for your new custom home!

Autumn Park, Grimes Bent Creek, Urbandale Berkshire North, Clive Crosshaven, Johnston Glynn Village, Waukee Waterford Landing, Urbandale Woodland Hills, West Des Moines

12

From dirt to doorstep...

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Come visit our Open House Booth # 2 4 0 at the

Des Moines Home & Garden Show February 7-10, 2013 | Iowa Events Center

“Let us assist you from Site Selection to the Sold Sign - Making your Dream Home, Doable!”

G S Ga r r e t t S h e t t e r ly

Phone: 515-669-4999 | Fax: 866-762-2921 kim@kimlayland.com | www.kimlayland.com

Phone: 515-559-6494 garrett@realestateconcepts.net 13

Custom Homes, Remodeling, Commercial Development and More Platinum Development Company was founded in 2004 by Chris Dawson. With more than 20 years of experience in the building industry, heâ&#x20AC;&#x2122;s worked to develop a business founded on old-fashion quality and customer service.

We are excited to share our fresh design concepts and innovative craftsmanship with you.

Platinum Development Company specializes in residential and commercial development projects of all shapes and sizes. Our services range from custom home construction to remodeling to the fabrication and installation of commercial grade cabinets & countertops.

If youâ&#x20AC;&#x2122;re looking for a contractor to build your dream home with a personal touch or need any commercial construction services in the Midwest, youâ&#x20AC;&#x2122;ve come to the right place.

16219 Tanglewood Dr. | Urbandale, Iowa 50323 515.619.8814 | www.platinumdevelopmentco.com 14

Developing a new generation of real estate Single Family Homes Custom Homes Townhomes & Condos Land Development Commercial Build to Suit Construction Management

Featured Properties

Newblood Development: an aggressively growing real estate development company in the Greater Des Moines Area. We pride ourselves on blending cutting edge design and top of the line quality, all for an affordable price.

Verona Hills South Plat 1, Clive Construction has begun on 2 homes within brand new Verona Hills South Plat 1. Great schools and a prime location just north of Douglas on Aliceâ&#x20AC;&#x2122;s Rd. make this a great place to live. Contact the agent today to discuss multiple plans on a variety of lots, homes from $300-$400k.

14809 Horton Avenue, Urbandale Just breaking ground on this new home in Glynmor, an exclusive new plat just north of Douglas Ave. Great plan backing to TREES and PARK with 4 bedrooms, office, and open living/kitchen. Walkout lower level with lots of windows provides for a bright future basement finish. Call to personalize. $383,900

S

!

D OL

Similar to Photo

16742 Verona Hills Drive, Clive Framing just wrapped up on this energy efficient 4 bedroom 2 story with office and high quality finishes; perfect for your growing family.

Located on lot 9 of Verona Hills South in Clive, this home has a massive backyard! Plenty of time to customize. $352,500

Eric Grubb, CCIM 515.975.7441 Eric@NewbloodDevelopment.com

Similar to Photo

3815 148th Street, Urbandale Custom home now under construction on buyer selected lot in a hot new Urbandale development. Contact agent to discuss your preferred neighborhood, lot, or plan!

Jeff Stanbrough, CCIM

Jen Stanbrough

515.202.6649 Jeff@NewbloodDevelopment.com

515.371.4814 jstanbrough@iowarealty.com

www.newblooddevelopment.com 15

fe atu r e d

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NeighborhoodBuilders.com

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6205 Mills Civic Parkway, Suite 200 West Des Moines, Iowa 50266-8004 P: (515) 267-9001 F: (515) 252-6222

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515.252.9989 KandVhomes.com

5503 Glen Oaks Pointe | West Des Moines, Iowa 50266 | 515-202-8439

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w w w.V I STA re i .co m Since 1978 VISTA Real Estate Investment Corporation has focused on creating residential home sites throughout greater Des Moines with the home owners interests of upmost importance.

AVA I L A B L E HO M E S I TES F OR SA L E ANKENY

Pleasant Hill

2702 SE 17th Street

237 NE 80th Street

Town Bluff Town Homes:

Highlands of Pleasant Hill Town Homes:

1903 SE Snowberry Lane

6029 Meachum Drive

Clover Ridge West:

Spring Creek Hills:

Altoona Prairie Vista:

Clay Estate:

Ironwood:

Fieldstone:

2719 6th Avenue SE

308 30th Street SW

701 21st Street SW

Coming Soon!

Grimes

Urbandale

Norwalk

Autumn Park:

Bent Creek Estates:

The Ridge at Echo Valley:

801 W 1st Street

15501 Northview Drive

7786 Beardsley

Granger

Van Meter

Windcrest:

Deer Hunterâ&#x20AC;&#x2122;s Run:

2306 Vista View Drive

32665 Hunters Drive

F O R F U R T H E R I N F O R M AT I O N G O TO

w w w.V I STA re i .co m

Justin Washburn | 515-778-2601 | justin@vistarei.com

w w w.V I STA re i .co m 18

$297,353

7790 Spring Creek Drive Pleasant Hill

Thinking about building your dream home? Consider Spring Creek Hills, SE Polk’s newest neighborhood. Fantastic location just south of SE Polk High School and across the street from Toad Valley Golf Course. Standard, daylight, and walkout lots available starting at $48,900. Save thousands with 5 year graduated tax abatement.

Coming soon to Spring Creek Hills, this beautiful ranch with 4 bedrooms, 3 baths, and over 2800 sq ft of finish. Energy Star 3.0 is just part of the Destiny Homes difference, learn more at

To learn more, contact

Listing Agent:

Sara Hopkins, Realtor® 515-710-6030

www.DestinyHomesUSA.com

Linda Westergaard, Realtor® 515-988-4288

Spring Creek Hills

Pick your lot and Ron’s Homes can build you your dream home!

Real Estate Group

Other lots available in Prairie Vista and Clay Development in Altoona. Call for details! www.PeggyHarmeyer.com

Each Re/Max office is independently owned and operated.

932 N Shadyview Blvd.

Pleasant Hill, IA 50327

Peggy Harmeyer

Phone: 515-208-8132 Fax: 515-265-7206 Peggy@PeggyHarmeyer.com 19

Home Prices up in December, Sales and Prices Up in 2012 Press Release from Iowa Association of Realtors®

CLIVE, IOWA (Jan. 15, 2012) – The Iowa Association of Realtors® (IAR) reports home prices were up significantly in December compared to last December, while sales held fairly steady.

According to the IAR’s December 2012 Housing Trends Report, the median sale price increased by 7.8 percent. The median sale price was $125,000 in December 2012, and $116,000 in December 2011. The average sale price was also up, increasing by 11.6 percent. The average sale price in December 2012 was $149,946, while the average sale price in December 2011 was $134,332. Thirtythree of the 44 local Realtor® boards in the state reported increases in the median sale price in December, and 30 had increases in average sale price.

The Iowa housing market continued its recovery in December. While the number of December 2012 closed sales was only slightly ahead of the number of sales at this time last year, median prices and inventory showed a healthy 7.8 percent increase and 8.2 percent decrease, respectively. Increasing prices and decreasing inventory levels have been prevalent in Iowa throughout 2012, leading to a neutral buyer/seller marketplace across the state. Some areas of the state have even passed into seller’s market territory as inventory levels continue to decrease.

The number of sales also inched up by 0.8 percent from last year at this time. This increase is represented by 21 more homes selling last month than in December 2011. The report shows that 2,512 homes sold/closed in December 2012, and 2,491 homes sold/closed in December 2011. Twenty-five boards had increases in sales last month.

The statewide inventory of homes on the market at the end of the month was 17,630, which includes 2,277 new active residential listings. The month’s supply of inventory in December was 6.1 months, down 18 percent from December 2011. Six months’ supply represents an even buyer/seller market. The average days on the market was 97 days, down nine days or 8.5 percent from last December. Twentyseven local boards had decreases in average days on the market.

2012 in Review

IAR also reports that annual sales and prices were both up in 2012 overall. IAR’s Annual 2012 Housing Trends Report shows that sales increased by a substantial 12 percent. There were 34,860 homes sold across the state in 2012, and 31,114 homes sold in 2011.

The median sale price went up by 4.1 percent or $5,000 last year. The median sale price was $121,000 in 2011 and $126,000 in 2012. The average sale price also increased, jumping 5.6 percent or $7,891 from $139,773 in 2011 to $147,664 in 2012.

“2012 was a very good year for the housing market and economic improvement in Iowa,” says Don Marple, president of the IAR. “2012 sales were the highest annual sales since 2007. Similarly, the median sale price and average sale price in 2012 were the highest since we started keeping comprehensive statewide records in 2005. These are pretty significant indicators that the market is on the upswing. The year end statistics give us hope for continued positive activity in 2013.”

The trailing twelve months (TTM) graph provides an indication of the direction of the market, in terms of closed sales, over the last 12 months. Comparing the historical TTM average with periods of recession and housing stimulus indicates that housing stimulus programs were an effective means to mitigate the effects of the recession on the Iowa housing market. While the TTM average indicates that the “bottom” for the Iowa real estate market occurred around June 2011, it is likely that the true “bottom” for the market occurred sometime in the summer or early fall of 2010 – after the expiration of housing stimulus programs. Note that the TTM average also shows that the Iowa housing market has seen consistent improvement for 18 consecutive months, indicating a sustained recovery of the Iowa housing market.

Marple reminds buyers and sellers that real estate is local and to contact a local Realtor® for more information on the market in their community.

The information used to create the IAR December 2012 Housing Trends Report and the IAR Annual 2012 Housing Trends Report was current as of January 14 at 11:00 a.m. The information is subject to change due to the dynamic nature of the IAR’s housing statistics system, which is updated hourly based on information present in local participating MLS (multiple listing service) systems.

The term Realtor® is a registered trademark, which identifies real estate professionals who follow a strict code of ethics as members of the National Association of Realtors®. The Iowa Association of Realtors® is the state’s largest real estate professional organization representing more than 6,200 members and affiliates. The IAR releases a Housing Trends Report each month. Data is collected from local Realtor® boards through their multiple listing service (MLS), which tracks sales activities in the board area. The IAR compiles all of the local board data into the statewide report each month. Reports are available online to IAR members and affiliates with a login and password. Anyone is eligible to become an IAR affiliate. For membership information, visit www.iowarealtors.com.

20

A housing recovery requires both an increasing number of closed sales and increasing sales prices. While the Iowa housing market showed a slight increase in sales in 2011, prices were still falling. High inventory levels in 2011 contributed to falling prices as buyers had much of the bargaining power. However, this trend reversed in 2012, and as inventory fell prices started to improve as sellers regained bargaining power. Closed sales and prices both rebounded significantly in 2012, further indicating a sustained recovery of the Iowa housing market.

16800 Alpine Court | Clive, Iowa Walnut Creek Hills Similar to Photo

Similar to Photo

New Construction! Just Finished!

• 2,402 SF Two Story w/ Awesome Layout • One of the Last Homes Left in Walnut Creek Hills • Cul-de-sac Treed Lots w/ No Rear Neighbors • 4 Bedrooms & 2.5 Baths • Built-ins & Custom Woodwork Throughout • Granite Countertops & Attractive Backsplash • Master w/ Tray Ceiling, Jacuzzi Tub, & Tiled Shower • Mud room w/ laundry & Cubbies • Tile and Hardwood Floors • Open Staircase Similar to Photo • Office with French Doors • Large Covered Deck

Similar to Photo

Similar to Photo

Similar to Photo Similar to Photo

Kalen Eastwood Ludwig Kalen@PeoplesCompany.com 515.402.3169

Randy Murphy RandyM@PeoplesCompany.com 515.669.9332

Contact an agent for more information.

Peoples Company Listing #10619

www.PeoplesCompany.com

21

New Construction

410 Sycamore Drive, Norwalk

136 Orchard Trail, Norwalk

Ranch Classic Series Floorplan 1533 SF, 3 Bedroom, 2 Bath

Ranch Designer Series Floorplan 1709 SF, 4 Bedroom, 3 Bath, Finished LL

901 NW Abbie Drive, Ankeny

1012 NW Abbie Drive, Ankeny

Style Setter II Floorplan 1748 SF, 4 Bedroom, 2.5 Bath

Ranch Classic Series Floorplan 1533 SF, 3 Bedroom, 2 Bath

www.GroundBreakerHomes.com Kalen Eastwood Ludwig: 515-402-3169 Kalen@PeoplesCompany.com

Randy Murphy: 515-669-9332 RandyM@PeoplesCompany.com

1300 50th St. Suite 106 • West Des Moines, IA 50266 • 515-222-1347 • www.PeoplesCompany.com 22

Painted Woods

Lots Starting At

$ 69,900

in Waukee

Lot # Pl 1-Lt 29 Pl 2-Lt 1 Pl 2-Lt 4 Pl 2-Lt 5 Pl 2-Lt 8 Pl 2-Lt 9 Pl 2-Lt 13 Pl 2-Lt 15 Pl 2-Lt 16 Pl 2-Lt 17 Pl 2-Lt 21 Pl 2-Lt 22 Pl 2-Lt 25 Pl 2-Lt 28 Pl 2-Lt 30 Pl 2-Lt 32 Pl 2-Lt 34 Pl 2-Lt 36 Pl 3-Lt 8 Pl 3-Lt 13 Pl 3-Lt 15 Pl 3-Lt 17 Pl 3-Lt 20 Pl 3-Lt 21 Pl 3-Lt 22 Pl 3-Lt 25 Pl 3-Lt 28 Pl 3-Lt 30

Listing #1725

Contact Steve Bruere for lot sales, steve@peoplescompany.com or 515-240-7500.

Scan this QR code with your smart phone for more info

Sq. Ft. Type 20,610 sq. ft.

30,035 sq. ft.

31,861 sq. ft.

24,930 sq. ft.

24,555 sq. ft.

60,984 sq. ft.

22,865 sq. ft.

24,560 sq. ft.

19,999 sq. ft.

19,981 sq. ft.

23,935 sq. ft.

29,474 sq. ft.

50,314 sq. ft.

20,032 sq. ft.

15,500 sq. ft.

15,887 sq. ft.

21,688 sq. ft.

21,365 sq. ft.

42,168 sq. ft.

25,284 sq. ft.

17,693 sq. ft.

24,124 sq. ft.

34,801 sq. ft.

31,395 sq. ft.

31,118 sq. ft.

65,692 sq. ft.

21,000 sq. ft.

30,505 sq. ft.

Walk-out Flat Walk-out Flat Walk-out Walk-out Walk-out Walk-out Walk-out Walk-out Flat Walk-out Walk-out Walk-out Walk-out Walk-out Walk-out Walk-out Walk-out Flat Flat Daylight Walk-out Walk-out Walk-out Daylight Walk-out Flat

Price $79,900 SOLD PENDING $84,900 SOLD SOLD SOLD $84,900 SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD $69,900 SOLD $94,900 $92,900 $91,900 $94,900 $94,900 $94,900 SOLD SOLD $91,900

Large, wooded lots in the prestigious Painted Woods development. Choose from a variety of walk-outs, daylights, and standard lots. Painted Woods offers the best of both worlds with a country feel and great access to the city. Easy access to I-80 and minutes from West Des Moines. Large, established trees.

Lot type should be verified by professional homebuilder before purchase to determine if lot is suitable as a daylight or walkout. While we believe said lot types to be correct, Peoples Company warrants no liability for their accuracy and is not responsible for potential errors.

515-222-1347 • www.PeoplesCompany.com 1300 50th St. Suite 106

•

West Des Moines, IA 50266 23

Orton Homes w w w.or ton homes.com

Stop by our new showroom and visit our website for information on our open houses.

Glynn Village Orton Homes is currently selling homes in Plats 4, 5 and 6 at Glynn Village located in Waukee, Iowa.

Glynn Village provides unprecedented lifestyle advantages that feature open public park lands, walking and biking trails, play areas and a community clubhouse with swim pool.

Pricing begins at: $210,000

Chelsea Plan 24

Woodland Hills Orton Homes has 23 lots for sale in Woodland Hills located in West Des Moines, Iowa. Woodland Hills is a community like no other; a true hometown with rolling hills, open green space, neighborhood schools and expansive views.

Pricing begins at: $270,000

Harrington Plan

Deer Creek Orton Homes is currently selling homes at Deer Creek located in Ankeny, Iowa. Walkable streets and park trails connect Deer Creek residents to each other and to the greater Ankeny community. Green space and parks dotted throughout the community bring neighbors together. The model home is now open!

Pricing begins at: $210,000

Manchester 2 Plan Also featuring lots in Urbandale, Grimes, Johnston & Clive - Call for more details!

Travis Moulton 515-494-1066 travis@realestateconcepts.net

www.yourrealtordesmoines.com

Zac Bales-Henry 515-494-7772 zac@realestateconcepts.net

www.ortonhomes.com

25

P r e s e n t e d b y:

Friday, March 1st, 2013 | 11:30 a.m.

Sheraton West Des Moines Hotel 1800 50th Street West Des Moines, IA 50266 Those who have an interest in learning about the state of the Des Moines Metro housing lot inventory should mark their calendars for the 6th Annual Builder & Developer Luncheon presented by Peoples Company, Diligent Development and Acquire Magazine on March 1st.

Our keynote speaker, Elliot Eisenberg, Ph.D., is a nationally acclaimed economist and public speaker specializing in making the arcana and minutia of economics fun, relevant and educational. He holds a B.A. in economics with first class honors from McGill University, as well as a Masters and Ph.D. in public administration from Syracuse University. Dr. Eisenberg, formerly a Senior Economist with the National Association of Home Builders in Washington, D.C., is a frequent speaker on topics including: economic forecasts, economic impact of homebuilding, consequences of government regulation, cost-benefit analysis, prudential use of financial derivatives, strategic business development and other current economic issues. He is regularly featured guest on several talk radio shows, is often seen on television and authors a daily 70 word commentary on the economy that is available at www.econ70.com.

P r e s e n t e d

Lunch Provided RSVP to Cannon Clark: 515-473-7454 or Cannon@peoplescompany.com

26

www.PeoplesCompany.com 515-222-1347

www.DiligentDevelopment.com 515-360-8687

b y :

www.AcquireMagazineOnline.com 515-650-0834

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Colby: Madison County

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Fox Valley S. 35TH

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Adams St. and S. 35th, West Des Moines: $11,500/acre Prime ag land w/ extensive future potential development.

All or part available for sale.

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Iowa 5 HWY 5 Bypass

NW RAMP

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ARMY POST RD

132.74 ACRES

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 

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FUTURE BYPASS AND INTERCHANGE

PLAT 1

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PROPOSED SOUTHWEST CONNECTOR

FOX VALLEY

PLAT 3

Landscape Architectural Consultants, Inc.

NORTH

Scale: 1"=100' 0'

100'

Civil Engineering Consultants, Inc. 200'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

Kading Inc.

 

 

300'

Civil Engineering Consultants, Inc. 600'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

 

Landscape Architectural Consultants, Inc.

NORTH

Scale: 1"=500' 0'

500'

Civil Engineering Consultants, Inc. 1000'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

NORTH

Scale: 1"=60' 0'

60'

Civil Engineering Consultants, Inc. 120'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

POND RETAIL

FLEX SPACE

POND

POND CAMPGROUND

FLEX SPACE TRUCK REPAIR

GAS

Scale: 1"=300'

Landscape Architectural Consultants, Inc.

CAR DEALERSHIP

I-80 & Hwy 169 - NE Quadrant DeSoto, Iowa

Landscape Architectural Consultants, Inc.

NORTH 0'

RESTAURANT RETAIL

BIG BOX RETAIL

TRUCK PLAZA

RESTAURANT THEATER ANCHOR

WAREHOUSE

• Iowa crossroads (I-80 East/West, Hwy 169 North/South) • Elliffson Drive/Hwy 169 • City Sewer, Water

HOTEL FLEX SPACE

TRAILS REST PLAZA CAR TRUCK RAMP

OUTLOTS

DE SOTO

Contact

Dorrance L Brezina for more info!

Q:\A-FILES\A-1500\A1562\DWG\a1562 base 08-28-12.dwg, 1/16/2013 2:18:32 PM, pdoanetto, 1:1

KADING, INC. DESOTO / I-80 For more information, please scan this QR code with your smart phone.

DevelopersRealtyGroup.com

3227 111th Street | Urbandale, IA 50322 | Cell: 515 -778 - 0787 | Of fice: 515 -278 -2741 | Fax: 515 -278 -2741 | dorrance_brezina@msn.com 27

Pine View Estates in Ankeny

COMING SOON!

is set for a Spring debut. This wonderful, attractively-priced development gives buyers a chance to own a high quality home at a budget-friendly price. It provides a fabulous location close to bike trails, Prairie Ridge Sports Complex, the public library, swimming pool and schools. This combination provides pride of ownership for all! Remington’s new Crown Series is offering homes in this subdivision starting at $189,000. We are now taking lot holds for Spring.

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Lost Lake in Polk City, Iowa offers the

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Lost Lake Estates

DEVELOPERS:

LOST LAKE ESTATES, LLC CONTACT

DARRYL BRESSON

LOST LAKE ESTATES POLK CITY, IOWA

515-249-0527

Darryl Bresson builder/developer and owner of Bresson Construction, Remington Homes and HighMark Development is leading the way by offering the highest standards, best quality products, craftsmanship and some of the best lot prices in Central Iowa.

Darryl, along with his skilled team of professionals, has made Remington and HighMark the home builder and developer of choice for many new home owners.

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Pine View Estates

0’

75’

buyer a chance to live near their favorite places to play. This new development is located near the entrance of Big Creek State Park, across from Tournament Club of Iowa Golf Course, several city parks and within minutes of Saylorville Lake and its recreation areas. Small town living located between Ankeny and Grimes with easy access to West Des Moines. Polk City features one of the only town squares in Polk County that supports locally owned businesses and bustles with activities and events for its community. Here you will find some of the lowest real estate taxes in Polk County. Remington Homes offers no closing costs with preferred lender and Polk City does have some qualifying USDA financing. Many of these wonderful lots are large and back to trees and Army Corp land as well as a community park. Many of these lots cannot be duplicated anywhere else. We are currently taking names for our waiting list for purchasing lots this Spring.

150’

300’

We are currently taking lot holds for all developments.

To view our floor plans, lots and developments please go to www.remingtonhomesiowa.com.

Rock Creek Crossing is one of

Rock Creek Crossing

Ankenyâ&#x20AC;&#x2122;s newest and hottest developments.

This subdivision is located in NW Ankeny and is surrounded by other quality residential homes and provides easy access to all Ankeny has to offer including schools, parks and recreation. Great upscale neighborhood at great prices! Rock Creek Crossing is just one of the many developments that has been raising the bar for neighborhoods around the Des Moines Metro area. This beautiful subdivision is selling out fast. Donâ&#x20AC;&#x2122;t miss your chance to call Rock Creek Crossing home!

SOLD

HOLD

HOLD

Trenton Manchester SOLD Lee Plan SOLD SOLD Charleston Bismarck SOLD HOLD SOLD HOLD

Jackson

HOLD

HOLD

Olympia

Olympia SOLD Dover

Denver

Cheyenne Bismarck Springfield HOLD

Hurry! Lots are going fast!

Madison SOLD

Trenton SOLD

HOLD

SOLD

Ashland Pointe

Ashland Pointe Are you looking to own a fabulous high quality home without the maintenance of yard work and shoveling snow? HighMark Development is proud to offer Ashland Pointe and its twin homes in North Ankeny. Located right across the street from the new North High School and just North of Prairie Ridge Sports Complex. These awesome twin homes offer buyers a chance to own either a ranch or a two-story home of quality construction and all units are end units. We are offering granite countertops, tile floors and quality carpets that you are sure to love. Owners will enjoy the two-car attached garages, a chance to choose from several different color selections and the option to have the basement finished. Dues include cable, snow removal, trash removal, lawn care and irrigation. We are currently taking holds on these great homes.

www.remingtonhomesiowa.com For lot information call Darryl Darryl Bresson (515) 249-2507

For home availability call Steph Steph Reed (515) 988-9954

29

The builder must understand all of the home’s complex systems and know enough about each contractor’s trade in order to coordinate this skilled team to build and sell a quality product.

What It Takes To Be a Home Builder

By Creighton Cox, Executive Officer Home Builders Association of Greater Des Moines

Today’s new homes reflect changing market preferences and integrate elaborate designs and consumer desires into the floor plans and construction of the homes. And successful home builders have the knowledge, organizational skills and drive to build them.

But what does it really take to build a house?

Like a CEO, a home builder relies on a number of workers to get the job done right. A home builder guides dozens of skilled artisans and professionals, including carpenters, architects, engineers, plumbers, electricians, painters and landscapers. The builder must understand all of the home’s complex systems and know enough about each contractor’s trade in order to coordinate this skilled team to build and sell a quality product.

Some home builders develop the land on which the homes are built. In this capacity, they act as the land surveyor. They look at a piece of land to determine whether it complies with zoning regulations, local planning laws and environmental restrictions, and whether it is suitable for development. The home builder studies the lot’s topography, searching for rock outcroppings, shallow depth bedrock, shallow groundwater, natural drainage sources and dense vegetation. Landscaping options and erosion control also have to be considered. Once a builder determines that a site is suitable for construction, they must navigate the permitting process.

Home builders serve as liaisons with their communities and local government officials. They research and study local building codes to determine what can be built in a given location. In most localities, building codes govern building, plumbing, heating and air conditioning, electrical systems and fire safety. After studying the building codes, the builder collects all the required permits from various authorities before proceeding with construction.

Once the permits are obtained, the builder will prepare the site and select how the home will be situated on it. The home builder then oversees the entire construction process, which includes—but is certainly not limited 30

to—laying the foundation; erecting the framing, roofing and siding; building the walls; and installing the plumbing, heating and electrical work.

A home builder acts as an inspector. The local building department will inspect the construction site for code violations throughout the home’s construction. But a professional home builder will make certain the home meets both code and warranty guidelines long before and after the officials show up. Once the house is finished, the builder informs the appropriate municipal departments that it is ready for final inspection and the approval that the home is safe for its new owners to move in.

Professional home builders strive to deliver a home that will make their customers happy. To meet this objective, they act as public relations professionals. The builder will discuss the construction process and building schedule with the buyer, and plan times when the buyer can tour the building site and ask questions about the status of their new home.

Home builders are also businesspeople who establish a network of reliable and quality materials suppliers and trade contractors with whom they conduct business on a regular basis.

Home builders are schedulers and record keepers. They must think on their feet, keep complex construction timelines and tackle multiple tasks simultaneously in order to keep the construction process moving forward and ensure the home is completed on schedule.

All in all, home builders must wear many, many hats in order to deliver a home where the new owners can hang their own hats, raise a family and build lifelong memories.

To learn more about the home building process or to find a home builder in the Des Moines Metro, contact Home Builders Association of Greater Des Moines at 515-270-8500 or visit www.desmoineshomebuilders.com

custom building made see our testimonials. . .

www.GiovantiHomes.com Go online for open house info, pricing, features, and pictures!

exclusively listed with. . .

www.DirectRealtyCo.com full service and straight forward

Scan this QR Code with your smart phone for more info

515.963.1252 info@DirectRealtyCo.com 31

Advertise in magazine Home | Land | Commercial

Upcoming AD Deadlines: February 22, 2013

Featuring the city of Urbandale

April 5, 2013

Featuring the city of Waukee

distribution: March 11th

distribution: April 22nd

May 17, 2013

distribution: June 3rd

Advertising Rates

June 28, 2013

Front Cover (and full page supporting ad) $1,200 Front Cover Banner $250 Back Cover $850 Inside Covers $550 Across from Inside Covers $550 Center Spread (2 full pages) $1,100 Full Page $475 ½ Page $250 ¼ Page $140 ⅛ Page $75 Map Sponsor $50

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32

Rachel: 515-650-0834 sales@acquiremagazineonline.com www.acquiremagazineonline.com