w/ Kate Olson
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Home prices in Iowa were up, but overall sales were down in November, compared to a year ago. That’s according to a new report from the Iowa Association of Realtors. The incoming I-A-R president for 2014, Kathy Miller of Sioux City, says the average sale price of an Iowa home increased four-percent to $153,683 last month. The median sale price was also up four-percent, growing from $125,000 in November 2012 to $130,000 this November. The total home sales dipped only slightly, with 2,749 homes sold this November compared to 2,795 in 2012.
In addition to the rising prices, sellers are also benefiting from a drop in the “days on the market” figure — or DOM. In November 2012, the DOM was 101, while this year the report shows just 81 DOM, a decrease of nearly 20-percent. Miller says it’s still an excellent time for buying a home, as interest rates are averaging around 4.25-percent.
“What I’m seeing…is lower days on the market, low interest rates, and positive growth in prices. It’s a strong housing market for both buyers and sellers,” Miller says. In terms of year-to-date, home sales in Iowa have increased 7.7 percent this year over last.
(Radio Iowa)
ROBERT STERNER, 84, of Willey, died Tue., Dec. 17th, at home. A Mass of Christian Burial service for ROBERT STERNER will be held 1-p.m. Sat., Dec. 21st, at St. Mary’s Church in Willey. Ohde-Twitt Funeral Home in Carroll has the arrangements.
Friends may call at the funeral home after 3-p.m. Friday (12/20), where a Rosary will be held at 4-p.m. and a Prayer service at 6-p.m. Visitation will resume at Noon on Saturday, at the funeral home.
Burial will be in the St. Mary’s Cemetery.
ROBERT STERNER is survived by:
His wife – Bessie Sterner, of Willey.
His daughter – Susan Chism, of St. Cloud, FL.
7 grandchildren and 5 great-grandchildren.
The Freese-Notis weather forecast for Atlantic & the KJAN listening area, and weather data for Atlantic from KJAN News Director Ric Hanson.
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AMES, Iowa (AP) — A livestock specialist at Iowa State University says falling corn prices are generating some optimism that cattle farmers can again make money. Historically high corn prices during the last several years drove up the cost of feed and many producers cut herd numbers as drought intensified.
Lee Schulz, a livestock specialist and assistant professor of economics, says producers have been in survival mode but are beginning to talk about expansion. There’s interest in building new facilities and growing herds. Feedlots made money on cattle sold in October, breaking a long streak of monthly losses.
He says it will take several years to build the herd with increased calf crops and increasing cattle supplies because of the time it takes for calves to mature.
IOWA CITY, Iowa (AP) — The University of Iowa says it will launch a new design for its home web page for the first time since 2008. The university says the changes aim to improve a site that has been visited 11 times by 2.4 million people this year. University official Lin Larson offered a preview of the changes in a university article posted online Tuesday. He says the redesign “isn’t just a facelift, but a fresh start.”
He says the new site should make menus simpler to navigate and work better on mobile devices. Larson says the designers chose to make information for new users one central focus of the page, www.uiowa.edu.
OMAHA, Neb. (AP) — The Nebraska nuclear plant that has been idle for nearly three years because of flooding and a series of safety concerns has been cleared to restart. The federal Nuclear Regulatory Commission said Tuesday that the Omaha Public Power District’s Fort Calhoun nuclear plant is safe to restart. Fort Calhoun, which sits across from Iowa on the Missouri River about 20 miles north of Omaha, has been offline since April 2011.
Fort Calhoun initially shut down for routine maintenance, but significant flooding in 2011, a small fire and a number of violations forced it to remain closed.
335 AM CST WED DEC 18 2013
TODAY…SUNNY…BREEZY…WARMER. HIGH AROUND 50. SOUTHWEST WIND 10 TO 20 MPH WITH GUSTS TO AROUND 30 MPH.
TONIGHT…PARTLY CLOUDY THROUGH MIDNIGHT THEN BECOMING MOSTLY CLOUDY. NOT AS COLD. PATCHY FOG AFTER MIDNIGHT. AREAS OF FOG EARLY IN THE MORNING. LOW IN THE UPPER 20S. SOUTHWEST WIND 5 TO 10 MPH SHIFTING TO THE WEST AFTER MIDNIGHT.
THURSDAY…CLOUDY. PATCHY FOG IN THE MORNING. A SLIGHT CHANCE OF LIGHT RAIN AND LIGHT FREEZING RAIN EARLY IN THE AFTERNOON. A SLIGHT CHANCE OF LIGHT FREEZING RAIN LATE IN THE AFTERNOON. BREEZY…COLDER. HIGH IN THE LOWER 30S. NORTHEAST WIND 10 TO 20 MPH. CHANCE OF PRECIPITATION 20 PERCENT.
THURSDAY NIGHT…CLOUDY. A SLIGHT CHANCE OF LIGHT FREEZING RAIN AND LIGHT SNOW THROUGH MIDNIGHT…THEN A SLIGHT CHANCE OF LIGHT SNOW AFTER MIDNIGHT. BREEZY…COLDER. LOW 10 TO 15. NORTH WIND 15 TO 20 MPH. CHANCE OF PRECIPITATION 20 PERCENT.
FRIDAY…MOSTLY CLOUDY. COLDER. HIGH AROUND 20. NORTH WIND 5 TO 15 MPH.
FRIDAY NIGHT…MOSTLY CLOUDY. LOW 10 TO 15.
SATURDAY…CLOUDY WITH A 20 PERCENT CHANCE OF SNOW. HIGH IN THE UPPER 20S.