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Iowa home sale prices up 13.3% last month

By O. Kay Henderson (Radio Iowa)

There’s a slight increase in the number of Iowa homes on the market, but the limited inventory means sale prices remain high.

The median sales price for an existing home sold in Iowa last month was just under $230,000. That’s not quite as high as the record set in July, but overall, the home prices in Iowa were up more than 13% in August compared to the same month a year ago.

The Iowa Association of Realtors’ latest report shows about 3800 Iowa homes were sold last month. That’s a decline of more than 23% compared to August of 2021.

The president of the Iowa Association of Realtors says home prices should moderate soon, moving the market in a more buyer-friendly direction.

The association’s data indicates the sale prices for Iowa townhouses and condos were also higher in August, but the units tend to be on the market longer than homes.

Ottumwa Public Library Announces September Reminisce Society Happening Next Tuesday

OTTUMWA — The Ottumwa Public Library is proud to announce the start of another season of Reminisce Society programs.  Next Tuesday, September 27th they will welcome speaker Barbara Lounsbery with the program, “Yup…..Nope….& Why Midwesterners Don’t Say Much.”  The program will take place at the Knights of Columbus Hall at 10 am and will be hybrid (both in person and online.)

Reminisce Society meetings are free and open to the public.  Call 641-682-7563 or email sferrell@ottumwapubliclibrary to be put on the invitation list for the Zoom meeting.
This light-hearted, yet also serious, presentation explores whole question of a Midwestern legacy of reserve- whether we live in a “quiet culture” in the Midwest, often without recognizing it.  Using many visuals and humorous examples, Lounsberry probes the possible causes of Midwest reserve and offers strategies for dealing with our “quiet culture”– when we wish.

Mahaska County Sheriff’s Office, Auditor’s Office Warn of Election Fraud Scheme

OSKALOOSA — It has come to the attention of the Mahaska County Auditor’s Office and the Mahaska County Sheriff’s Office that a few Mahaska County residents have received telephone calls originating from the state of New York. During these telephone calls, the caller begins asking questions about the upcoming general election on Nov. 8, including the resident’s request for an absentee ballot. As these calls continue, the caller tells the resident they can register their absentee ballot vote over the phone, and there is no need to return it to the Mahaska County Auditor’s Office.

These calls have been reported to Iowa Secretary of State’s office. It is believed that these calls may be part of an election fraud scheme. All residents of Mahaska County are reminded that they are required to complete and return their absentee ballots to the Mahaska County Auditor’s Office for their votes to count. Any citizens who receive these type of voter solicitation calls should contact the Mahaska County auditor at 641-673-7148 or the Mahaska County Sheriff’s Office at 641-673-0347.

High inflation in sight, Fed to signal more rate hikes ahead

WASHINGTON (AP) — The U.S. Federal Reserve is expected to raise its key short-term rate by a substantial three-quarters of a point for the third consecutive time. Many Fed watchers will be paying particular attention to Chairman Jerome Powell’s remarks at a news conference afterward. When Powell spoke at an economic conference in Jackson Hole, Wyoming, last month he issued a blunt warning. He said the Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain” for Americans. Americans will likely get a better idea of how much pain could be in store.

September 20, 2022 high temp records in upper 90s, triple digits

By O. Kay Henderson (Radio Iowa)

Some thermometers in western Iowa hit triple digits yesterday. National Weather Service meteorologist Alex Trellinger says the highest temperature reported to his office in Sioux Falls was 102, just south of Akron.

“We got one of our sites at Morris, which is in Sioux County, at 100 degrees,” he says, “and then Spencer hit 101.”

That was the temperature in Spencer at 5 p.m. It’s been 97 years since Spencer had a 101 degree day in September — and that 101 degree day back in 1925 was on September 4th.

Things warmed up quickly in Iowa yesterday, with temperatures soaring by 11 a.m. “We just got a much warmer air into the region out ahead of a cold front, which really helped to effect all of these much warmer temperatures here in our region,” Trellinger says, “especially considering the time of year here, the middle-to-end of September.”

Trellinger says drought conditions played a role in yesterday’s high temperatures in northwest Iowa, as the sun’s heat bore down on parched ground.

“When we’re not in a drought, the heat is also used to evaporate some of the moisture in the soil there, so it’s not as efficient as a heating mechanism when there’s moisure in the soil,” he says, “so by being very dry, that does set us up to being warmer than usual.”

Several other Iowa cities broke high temperature records Tuesday. Cedar Rapids hit 96 and that was also the record high in Lamoni. It reached 95 in Burlington. Des Moines hit 94 and it was 93 in Dubuque. Meteorologist Jim Lee of the National Weather Service office in metro Des Moines, who was tracking the records, says Waterloo hit 96 degrees.

“We were unseasonably hot, as any resident would tell you,” Lee says. “We had multiple parts of the state get well up into the mid to upper 90s.”

A triple digit temperature had not been recorded on a September 20th anywhere in Iowa for 69 years. “By a lot of measures not only did we break daily records, but to be this late in the year and get this hot maybe it not unprecedented, but very rare,” Lee says.

Today’s forecast? Highs in the 60s and 70s.

Ottumwa City Council Approves Gas, Electric Franchise Fees

By Sam Parsons

The Ottumwa City Council met last night and revisited the discussion of franchise fees that they had tabled during a meeting in July, specifically for gas and electric utilities. City Administrator Philip Rath once again presented the proposed ordinance and cited difficult financial strains on the city, saying that this is the result of the city having exhausted all of its other options for raising revenue.

Most of the council was in agreement with the city administrator, with councilmember Mark Roe suggesting that prior leadership had “kicked the can down the road” up to this point.

Ultimately, councilmember Doug McAntire was the lone vote against the first consideration of the institution of gas and electric franchise fees, citing a desire for the city to overhaul its budgeting process. The city of Ottumwa will hold its next regular council meeting on October 4.

UN chief warns global leaders: The world is in ‘great peril’

UNITED NATIONS (AP) — U.N. Secretary-General Antonio Guterres is warning that the world is in “great peril.” And he says world leaders meeting in-person for the first time in three years at the U.N. General Assembly must tackle conflicts and climate catastrophes, increasing poverty and inequality, and divisions among major powers that have gotten worse since Russia invaded Ukraine. The U.N. chief also cited the “immense” task not only of saving the planet but of dealing with the COVID-19 pandemic. U.N. spokesman Stephane Dujarric says Guterres’ “state of the world” speech will be “a sober, substantive and solutions-focused report card.”

Weather expected to be warmer through September

By Radio Iowa Contributor

Forecasters say Iowa will ride another weather rollercoaster this week with high temperatures tomorrow climbing into the low to mid-90s, but then a cool front will arrive and knock highs by Thursday into the 60s, with lows in the 40s.

Meteorologist Darren Clabo, who moderated the regional climate update for the National Weather Service, predicts another warm-up will soon follow with lesser chances of rain.  “Above-average temperatures are really expected over the next one to two weeks, combined with below-average precipitation,” Clabo says. “Kind of expecting more or less an upper level ridge to stick around, which should bring us warmer-than-average and drier-than-average conditions, which isn’t necessarily a bad thing going into the harvest season, folks will be able to get out in the fields.”

He says that same pattern may continue right into October.  “There are some pretty strong signals that warmer-than-average conditions will persist over the central part of the United States combined with below-average precipitation,” Clabo says. “October is a drier month so below-average precipitation on a normally average to dryish month to begin with doesn’t bode well for filling stock ponds and allowing our stream flow to increase.”

Clabo says the climate outlooks show the La Nina pattern hanging on into winter, for the third year in a row, which -could- mean a warmer-than-normal winter ahead for Iowa.

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