(Radio Iowa) – Governor Kim Reynolds is being honored by a tax-focused think tank that was founded in 1937 by the executives of General Motors and Standard Oil. The Tax Foundation has presented Governor Kim Reynolds with its Distinguished Service Award. She is the first governor to receive the annual award, which has previously honored dozens of federal officials, business executives and educators.

Reynolds has signed five bills to cut taxes since she took over as governor in mid-2017. The most recent will lower Iowa’s income tax to a single rate of three-point-eight percent next year. A panel of state officials recently predicted Iowa tax revenue will decline by a billion dollars over a 24 month period. In a written statement, Reynolds says she’s taken an approach that favors simplicity over complexity and economic growth over government spending.

Reynolds received the Tax Foundation’s award last (Thursday) night at the group’s annual “Tax Prom.” It’s a black tie event in Washington, D.C. with hundreds of officials from businesses and government in attendance. Reynolds is the second Iowan to receive the award. Herbert Hoover is among three presidents to be honored. The others were George W. Bush and Dwight Eisenhauer.

(Creston, Iowa) – The Creston Police Department says two men were arrested on separate charges, Thursday night. A little after 8-p.m., 23-year-old Jeremiah Lee Whitney (no known address), was arrested at the Creston/Union County Law Enforcement Center, on a charge of Harassment in the 1st Degree. Whitney was taken to Union County Jail and held without bond until seen by a Judge.

And at around 9:30-p.m. Thursday, Creston Police arrested 23-year-old Brodie Wade Starlin, of Creston. Starlin was arrested at his residence on a charge of OWI/1st offense. He posted at $1,900 cash bond, and was released.

(Red Oak, Iowa) – The Red Oak Police Department says no injuries were reported following two separate collisions over the past couple of days. Authorities say just before 1-p.m. Thursday, a collision at the intersection of Broadway and Corning Streets in Red Oak, caused a total of $1,500 damage. According to the report, a 2015 International dump truck equipped with a plow and owned by Montgomery County, was behind a 2023 Nissan Rogue SUV driven by 70-year-old Julie Ann Wirth, of Red Oak. Both vehicles were stopped at the red light, waiting to continue south on Broadway Street.

The driver of the truck, 29-year-old Xavier Smith, of Villisca, told police the light turned green and he started to move forward, but then noticed the SUV was not moving. He tried to steer the truck away from the SUV in order to avoid a collision, when he realized he could not stop in-time. The plow attachment on the truck struck the right rear taillight of the SUV, causing minor damage.

The other accident happened at around 5:30-p.m. Wednesday, at 1st and Nuckols Streets, in Red Oak. Authorities say a 1995 Ford Bronco driven by 16-year-old Kendelyne Bartlett, of Stanton, was traveling south on 1st Street through the uncontrolled intersection, when the SUV was hit by a 2016 Ford F-150 pickup, driven by 21-year-old Jayden Ryan Archer, of Red Oak, as he was traveling east on Nuckols Street. Damage from the collision amounted to $8,000 altogether, according to the report.

No citations were issued in those accidents.

(Des Moines, Iowa) – The Iowa housing market experienced a welcome October surprise, with every metric tracked by Iowa REALTORS® falling into the positive. A late September interest rate drop by the Federal Reserve buoyed buyer and seller sentiments throughout the pinnacle fall month.  Iowa Realtors President Shaner Magalhães says “Buyers and sellers across the state enjoyed a bountiful housing market harvest last month. Increases in inventory and sales show that while many Iowans are firmly planted in their homes, there’s opportunity and desire to make moves even in the typically slower fall months.”

The number of homes on the market across the state grew by double digits in October. With 3,925 homes on the market in October, new listings jumped 15.5% from the 3,397 listed last year at the same time. Monthly the increase was more conservative: a 1.3% increase from September’s recorded 3,873 new listings. Overall inventory saw similar increases in October with 8,819 homes for sale. The inventory represented a 21.9% increase from the 7,236 homes listed last year, and a 2.1% increase from the 8,636 homes listed last month.

Single-family home sales increased 9.1% in October with 2,973 sales completed compared to the 2,726 homes sold in October 2023. The increase was wider month-over-month, jumping 11.3% from the 2,668 homes sold in September. Pending sales continued to increase, showing that buyers continued to take advantage of the market throughout the month. With 2,685 pending sales, October saw an increase of 2.2% from the 2,627 pending sales of the prior year. Monthly, pending sales increased by 0.93% from the 2,660 pending transactions recorded in September. Days on the market increased 13.5% to 42 days compared to the 37 days of last year. Median sales price also increased by 9.3% to $235,000 from the $215,000 of a year ago.

Les Sulgrove, Iowa Realtors statewide housing analyst says “Real estate markets across Iowa vary significantly, with rural areas experiencing slower changes compared to the dynamic metro markets. Affordability, influenced by mortgage rates and the broader economy, remains the key factor driving sales statewide.”

Townhouses and Condos
The townhouse and condo market also benefited from a later fall boost, with positive movement across all metrics tracked. Overall inventory increased 18% in October with 1,598 properties listed compared to the 1,354 properties for sale last year. The increase was much smaller monthly, jumping just 2.9% from the 1,553 homes for sale last month. New listings experienced a similar boost, the 576 properties listed in October came to a 22.8% increase from the 468 townhomes and condos that joined the market in October 2023. Monthly, 30 more properties  were added to the market, a 4.9% increase from the 546 new listings recorded in September.

October saw 426 closed sales of townhomes and condos, a 19% increase from the 358 properties sold last year. Compared to September, sales increased 22.8%. Pending sales experienced a 16.3% increase from 343 pending transactions in October 2023 to 399 pending sales last month. Monthly, the increase was 6.7% from the 374 pending sales of September.  Days on the market increased 7.7% in October to 70 days compared to the 65 of one year ago. The median sales price increased 0.3% in October to $250,000 from the $249,195 median recorded in October 2023.

More housing stats can be found HERE.

(Radio Iowa) – A report shows a 38 percent drop in the number of abortions in Iowa after the state law banning most abortions after the sixth week of a pregnancy took effect in late July. The Guttmacher Institute, which supports abortion, estimates about 260 abortions were performed in Iowa in August — down from an average of about 400 abortions a month during the first half of this year. Those stats include procedures performed in a clinic as well as medication abortions.

According to Planned Parenthood of North Central States, many of those abortions in August were likely “telehealth” abortions that involved a clinician in another state prescribing the medication to an Iowan seeking an abortion.