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Real Estate Blog

Real Estate News and Updates

5 Tips To Avoid Personal Finance Trouble When Buying A Home

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Fed announces interest-rate decision

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Denver vs. Charlotte: How the Super Bowl 50 cities match up (Slideshow)

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Two major Alabama cities have ranked high in a new study examining home inventory.

A global real estate company is building a 252-unit apartment complex in west Raleigh.

Dallas-Fort Worth experienced a 15.9% increase in new housing units compared to a national increase of 6.5%, making North Texas the eighth fastest-growing major metro residential construction market in the nation between 2010 and 2020. While that’s a respectable gain, it’s not enough given DFW’s population growth to address an undersupply of housing in North Texas.

Metro Denver’s housing market has exited the pandemic-induced fever that dominated last year and the first half of this year — a surge in activity and prices unlike any the region has ever seen or will likely see for years to come. And within this hottest of hot markets, neighborhoods in Aurora, eastern Denver and central Jefferson County, ran hotter than others.

Record low inventories of homes on the market at the start of the year drove bidding wars and a huge surge in home prices as buyers tried to get ahead of rising interest rates. And while the market cooled as those higher mortgage rates dampened demand late spring and summer, the first half of 2022 will go down as one for the record books.

“Wages and salaries aren’t keeping pace with housing costs. It is realistically unsustainable. Something has to give at some point. Our housing market has changed, the question is how much will it continue to change,” said Steve Danyliw, a member of the Market Trends Committee at the Denver..

A five-acre property in Mequon is on the market for $1,789,000. The property is set in the city's “horse country,” according to the listing by Mike and Keenan Quinlevan of Quinlevan & Armitage with Shorewest Realtors.

A sprawling estate on the shores of Lake Norman has come on the market for $16 million, making it the most expensive home listing ever recorded in Canopy MLS for the town of Cornelius. That's according to listing brokerage Premier Sotheby’s International Realty.

A spokesperson for Piedmont Lithium told the Charlotte Business Journal that the company has invested more than $100 million in its proposed Gaston County mining operations. That includes buying more than 2,100 acres.

Nearly a year after Central Texas was announced as the site for a “once-in-a-generation” semiconductor factory, another one is being planned for the region. Idaho-based Micron Technology Inc. could invest $80 billion in factories near Lockhart, a city about 35 miles southeast of Austin with a population of roughly 15,000 and a reputation as the barbecue capital of Texas. The details came to light in incentives applications and the company has not made a final decision on whether to proceed.