Monday, April 25, 2011

April 26, 2011: Easter Monday

It is back to the office, after enjoying the past Easter weekend with family and friends.

We learned today that 226 31St Street NE will be coming on the market July 1St for rental. The current tenants will be moving out at the end of June.

Do you have a property underutilized that would be good for a person or family to rent in the greater Cedar Rapids area? We may be able to help match you with customers in the area.

The property at 830 14Th Street NE is pending. We expect new tenants to move in at the end of the week. The two bedroom house at 1625 12Th Avenue SE will be available June 1St. The tenants have given notice to vacate.

At my Rotary luncheon at Noon, Mayor Ron Corbett spoke on the May 3Rd L.O.S.T.T. [PDF], an extension of the local option sales tax for infrastructure purposes. Four tenths of each cent will go for existing roads in the City of Cedar Rapids. The breakdown is as follows:

  • Property tax relief (10 percent),

  • Flood protection systems for the east and west side of the Cedar River in Cedar Rapids (50 percent) and

  • Existing road infrastructure (40 percent)

The Cedar Rapids Area Association of Realtors have endorsed the tax for Cedar Rapids. For more information on the local sales tax in Linn County, you can visit the County Auditor's site. For more information on the "yes" side of the vote, you can visit the following web site.

Talked to a prospect for a house for sale on the west side. We do anticipate some Executive Houses coming this Summer for Rent.


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