Real Estate Blog
Should condos in 1960s tower get historic protection, tax breaks? Rezoning for Westgate Tower debated
A building that exemplifies the 1960s trend toward high-rise residential living in the central city is being considered for historic zoning. That would bring protections under city code, as well as potential tax breaks for the owners of its 93 condos. Click through for the latest on the debate, and what it might mean for other decades-old buildings in downtown Austin.
Meet the Colorado couple whose handyman franchise boomed during the pandemic
Colette and Andy Bell started their home repair service business from their basement in 1998. Now, the company has more than 300 franchises across the country.
After Illinois-based Ace Hardware acquired the Bells’ Handyman Matters in 2019, the franchise exploded after becoming part of the nationally known Ace brand.
“Those three little letters: boy do they make a big difference,” Colette Bell said.
The Bells began franchising their handyman business in 2001. When Ace purchased the…
Report: Construction costs may escalate 14.1% this year, but relief expected soon
Since the onset of the Covid-19 pandemic, record-high construction costs and delays have plagued the development and homebuilding industries — and while pricing has recently started to moderate, relief likely won't be felt until next year.
Thursday Digest: Plans emerge for new SoMa high-rises; Salesforce announces $10B stock buyback
Meanwhile, the state and cosmetics company Sephora have agreed to a $1.2 million settlement over violations of California's consumer data law.
Bay Area home-selling startup Reali to shut down a year after raising $100M funding
A Bay Area home-selling startup on Wednesday said it will shut down a little over a year after raising a $100 million funding round.
San Mateo-based Reali Inc. blamed the move on “challenging real estate and financial market conditions and unfavorable capital-raising environment.”
Most of its staff of about 140 people will be let go on Sept. 9, the company said in a news release.
Reali provided a way for customers to buy and sell homes in one coordinated transaction, eliminating some of the complications…
Stalled Rosslyn hotel redevelopment aims to pick up new steam
Compared to previous plans, a new proposal adds a bit more land and a lot more units.
Chicago businessman pays record $15M for Southwest Ranches mansion
The home will have a full-sized basketball court.
Newly built Fort Lauderdale mansion with 16-car garage sells for $33M
The home is on the Intracoastal Waterway.
Triad apartments sell for $6.75 million, more than double the sales price in 2014
The cost for the 77-apartment community was more than double what it sold for in 2014.
Get a sneak preview of three luxury houses in KC’s Fall Parade of Homes [PHOTOS]
The 2022 Fall Parade of Homes, which showcases some of the Kansas City area's newest custom-built homes, kicks off on Sept. 24. Get a sneak preview of three luxury homes featured in the parade.