Waterloo – Cedar Falls metropolitan area

The Wall Street Journal and Realtor.com® Release Summer 2023 Emerging Housing Markets Index Report

Retrieved on: 
Wednesday, July 26, 2023
Ohio State University, Unemployment, Housing, Omaha–Council Bluffs metropolitan area, Quality of life, Attention, Sale, United States Census Bureau, Waterloo – Cedar Falls metropolitan area, 159th Ohio Infantry Regiment, City, Hickory–Lenoir–Morganton metropolitan area, Center for Economic Studies (U.S. Census Bureau), Cryptocurrency, Real estate

NEW YORK and SANTA CLARA, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- The Wall Street Journal and Realtor.com® today released the WSJ/Realtor.com® Summer 2023 Emerging Housing Markets Index, which revealed Lafayette-West Lafayette, Ind., remains the No. 1 emerging market in America. The index analyzes key housing market data, as well as economic vitality and lifestyle metrics, to surface emerging housing markets that offer a high quality of life and are expected to see future home price appreciation. Markets offering lower-cost living, strong employment and convenient commutes performed best as the sustained demand for homes and a quick market pace of sales continues to be the industry standard.

Key Points: 
  • Key Trends Among the Summer 2023 Top 20 Emerging Housing Markets:
    Home prices have begun to ease nationally, falling 0.9% in June.
  • Similar to previous quarters, Summer 2023’s emerging markets continue to lean heavily on affordability.
  • While the national market has slowed, this quarter’s emerging markets have continued to attract attention due to their affordability and desirability, which has kept price growth strong.
  • Similar to last quarter, this quarter’s emerging markets are smaller - the average population of these markets is roughly half that of the 300-market average.

QCR Holdings, Inc. Completes Private Placements of Subordinated Notes

Retrieved on: 
Thursday, August 18, 2022
U.S. Securities and Exchange Commission, Attack, QCR Holdings, Forward-looking statement, GLOBE, Failure, Technology, Tornado, Private Securities Litigation Reform Act, LLC, Waterloo – Cedar Falls metropolitan area, Security (finance), Guaranty Bank, SOFR, Instability, COVID-19, Company, Quad Cities, Acquisition, Trust, PCAOB, FASB, Pandemic, Quad, NASDAQ, Uncertainty, Guaranty Bank (Texas), Community Bank, Flood, Weather, LIBOR, Note, Risk management, Bank

MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.

Key Points: 
  • MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.
  • The private placements were issued in two separate tranches consisting of $45 million in aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due September 2032 (the 2032 Notes) and $55 million in aggregate principal amount of Fixed-to-Floating Subordinated Notes due September 2037 (the 2037 Notes).
  • The Company intends to use the net proceeds from the private placements for general corporate purposes, which may include, but are not limited to, repurchasing shares of common stock.
  • Piper Sandler & Co. served as the sole placement agent for the offering of the 2032 Notes.

Two-Thirds of Metros Reached Double-Digit Price Appreciation in Fourth Quarter of 2021

Retrieved on: 
Thursday, February 10, 2022
Aurora, Newton, Name, News, Maintenance, OMB, Metropolitan statistical area, Income, Nassau, Ogden–Clearfield metropolitan area, Sun Belt, Converse (logic), Greater Austin, City, Phoenix metropolitan area, Newsroom, Table, NAR, Quad Cities, Family, Tax, MSAS, Association, Management, National Association, Waterloo – Cedar Falls metropolitan area, Rapid transit, Total, MSA, N/A, Video game, Real estate, Harbor, Restaurant

The fourth quarter of 2021, much like the third quarter, saw home prices continue to increase, although at a slower pace.

Key Points: 
  • The fourth quarter of 2021, much like the third quarter, saw home prices continue to increase, although at a slower pace.
  • According to the latest quarterly report from the National Association of Realtors, out of 183 measured markets, 67% of the metros reached double-digit price appreciation compared to 78% in the prior quarter.
  • While the third quarter of 2021 witnessed all regions achieve double-digit price gains, the fourth quarter saw only the South experience double-digit price appreciation (17.9%), and single-digit price gains in the Northeast (6.8%), Midwest (8.6%), and the West (7.7%).
  • The top 10 most expensive markets in the fourth quarter witnessed prices surge, with nine of them doing so by double-digit percentages.

Home Prices Spiked by Double-Digits in 78% of Metro Areas in Third Quarter of 2021

Retrieved on: 
Wednesday, November 10, 2021
Newton, N/A, Family, Newsroom, Maintenance, Greater Austin, Waterloo – Cedar Falls metropolitan area, Tax, MSA, News, OMB, Freddy, Income, National Association, Metropolitan statistical area, Quad Cities, NAR, Table, Total, Association, Phoenix metropolitan area, MSAS, Management, Real estate, Harbor, Life insurance, Video game

Three metro areas saw price gains of over 30% from one year ago, also fewer than the number in the previous quarter (12).

Key Points: 
  • Three metro areas saw price gains of over 30% from one year ago, also fewer than the number in the previous quarter (12).
  • [1]
    Home prices are continuing to move upward, but the rate at which they ascended slowed in the third quarter, said Lawrence Yun, NAR chief economist.
  • While buyer bidding wars lessened in the third quarter compared to early 2021, consumers still faced stiff competition for homes located in the top ten markets, said Yun.
  • [3]
    For the third quarter and for 2021 as a whole home affordability declined for many potential buyers, said Yun.

QCR Holdings, Inc. Completes Private Placement of Subordinated Notes

Retrieved on: 
Monday, September 14, 2020
Geography of Iowa, Regions of the United States, Waterloo – Cedar Falls metropolitan area, Moline, Illinois, QCR Holdings, Cedar Rapids, Iowa, IOWA, Quad Cities

MOLINE, Ill., Sept. 14, 2020 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that it has completed a private placement of $50.0million in aggregate principal amount of 5.125% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes).

Key Points: 
  • MOLINE, Ill., Sept. 14, 2020 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that it has completed a private placement of $50.0million in aggregate principal amount of 5.125% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes).
  • QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities through its wholly-owned subsidiary banks.
  • Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company.
  • As of June 30, 2020, the Company had approximately $5.6 billion in assets, $4.1 billion in loans and $4.3 billion in deposits.

Cedar Falls Iowa Offers Economic Development Advantage with New Website

Retrieved on: 
Wednesday, July 8, 2020
Geography of Iowa, Regions of the United States, Waterloo – Cedar Falls metropolitan area, IOWA, Cedar Falls, Cedar Falls, Iowa, Cedar Rapids, Iowa, Cedar Falls Utilities

Cedar Falls, Iowa, July 08, 2020 (GLOBE NEWSWIRE) -- Cedar Falls, IA A flourishing Midwestern community located in northeast Iowa, the City of Cedar Falls, IA, recently launched a powerful new economic development website targeted to further grow jobs and investment in the area.

Key Points: 
  • Cedar Falls, Iowa, July 08, 2020 (GLOBE NEWSWIRE) -- Cedar Falls, IA A flourishing Midwestern community located in northeast Iowa, the City of Cedar Falls, IA, recently launched a powerful new economic development website targeted to further grow jobs and investment in the area.
  • Cedar Falls is the first city in Iowa to offer this service city-wide.
  • This upgrade to 10 gigabit leads our ability to compete with the best cities in the world in terms of broadband availability and helps solidify Cedar Falls as a destination for economic development opportunities, said Shane Graham, Cedar Falls Economic Development Coordinator.
  • Combined with a low cost of living, a strong community of 40,000+, centrally located, and home to the University of Northern Iowa, Cedar Falls is the perfect place to make your business home.Learn more about developing your business in Cedar Falls, IA, at www.SelectCedarFallsIA.com.

CBE Companies Announces Establishment of Racial Equality Training Fund in Partnership with Waterloo Community Foundation

Retrieved on: 
Thursday, June 25, 2020
Geography of Iowa, Waterloo – Cedar Falls metropolitan area, Regions of the United States, Waterloo, Iowa, Waterloo Regional Police Service, Waterloo, IOWA

CEDAR FALLS, Iowa, June 25, 2020 /PRNewswire/ --Tom Penaluna (Chairman and CEO, CBE) announcedtoday that CBE has donated to establish a fund, in conjunction with the Waterloo Community Foundation, to which contributions can be made in support of the Waterloo Police's efforts to improve race relations in our local community.

Key Points: 
  • CEDAR FALLS, Iowa, June 25, 2020 /PRNewswire/ --Tom Penaluna (Chairman and CEO, CBE) announcedtoday that CBE has donated to establish a fund, in conjunction with the Waterloo Community Foundation, to which contributions can be made in support of the Waterloo Police's efforts to improve race relations in our local community.
  • These funds will be directed towards the City of Waterloo, Iowa with the goal to assist the City in improving race relations between the Police Department and the Black Community.
  • It is our hope that this additional support will lead to improved race relations between the Police Department and Black Community.
  • We invite other businesses and citizens of Waterloo to join us in donating to the fund.