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"Housing is more affordable than it's been in a generation. I think it is a good time to become a home owner because it's so affordable today compared to where it's been for generations," stated HUD Secretary Shaun Donovan. This is a great time to buy in our region – and here is why: 1. Our Region's Real Estate Market is healthier than the rest of the country. Take a look at how our 4 MSA's (Metropolitan Statistical Areas) compare to the 309 MSA's that HUD tracks on page 7. Based on appreciation over the past 5 years – we rock! Percent Change in House Prices in 5 Years: Cedar Rapids + 2.73 % Quad Cities + 6.35 % (Davenport, Moline, Rock Island) Dubuque + 8.51 % Iowa City + 3.68 % USA 17.5 % 2. I...
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