Cedar Rapids is on the road to recovery after a massive 2008 flood destroyed hundreds of businesses and homes. Now the downtown area is getting a facelift, businesses are reopening and new homes are popping up.
Homebuyers will not only be able to take advantage of prices that are well below the national median, but the city will also offer down payment assistance to those who buy in the redeveloped flood zone.
Buyers can take advantage of all of the new amenities the city has to offer, including a new 'cultural district' with an art museum, public library, theaters, and a renovated sports arena.Subscribe to Money Magazine
These terrific small cities offer strong job opportunities, great schools, low crime, quality health care, and a true sense of community.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.73%||3.65%|
|15 yr fixed||2.85%||2.79%|
|30 yr refi||3.72%||3.64%|
|15 yr refi||2.85%||2.78%|
Today's featured rates:
|Tesla repays federal loan nearly 10 years early|
|How police can find your deleted text messages|
|Stocks slip as Fed sends mixed message|
|HP soars as Meg Whitman turnaround continues|
|Insanely durable smartphone ... from Caterpillar?|