Impressions on the number of foreclosures listed on Zillow for Iowa City

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Impressions on the number of foreclosures listed on Zillow for Iowa City

Elizabeth D Kreder
It is somewhat surprising to see 500 foreclosures. However, looking at the areas where they occur, it appears the East side of Iowa City has more.  This may be due to the socio economics of the area.  It is an area containing a more at risk population.

Sometimes people buy houses, not realizing it's not just being able to cover the mortgage.  There are also the monthly and yearly expenses, such as utilities and taxes.  Add to that replacing the roof or heater, and the costs overwhelm some homeowners, who may not have been aware of them and so didn't plan for them.

Another way of expressing the above is to say, "There are unexpected surprises in every home you buy, no matter how well you research it before purchasing it."

The foreclosures may also be an indicator on the growth of jobs as well as increased expenses in the community.
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Re: Impressions on the number of foreclosures listed on Zillow for Iowa City

YvonneVesta
While we didn't open the watch in the hotel lobby, the watch is powered by a European link Watch Co. movement, a photo of which can be seen below. The movement is a mass of bridges and levers that makes it remarkable the thing even still works. But link it does. I got to start, stop, and reset the watch as much as I like. The minute counter doesn't jump, but rather slowly, incrementally moves forward, as he showed to me. What's the use of having link a watch if you can't use it?
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Re: Impressions on the number of foreclosures listed on Zillow for Iowa City

sambillings
In reply to this post by Elizabeth D Kreder
Seeing a high number of foreclosures listed on Zillow for Iowa City can be concerning because it may reflect broader economic challenges, shifts in the local housing market, or affordability issues for many homeowners. Foreclosed properties often need significant repairs, including roofs, which can impact resale value and neighborhood stability. That’s why services from trusted professionals like Zen Roofing are important—quality roofing can protect homes from further damage and help maintain property value even in shifting market conditions.