Real Estate Blog
Houston home sales decline for fourth consecutive month, prices still higher than 2021
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
Court order clears NorthPoint to acquire Park Reserve properties after months-long challenge
With the resolution of a “sweat equity” claim, a recent court order moves the developer one crucial step closer to starting a $130 million multifamily redevelopment in place of leftover portions of the former Trinity Lutheran Hospital.
‘Big personalities’ and bigger yards: Why Milton’s housing market remains hot
Horse farms, sprawling lots and low density are keeping Milton's housing market hot while prices in much of metro Atlanta cool.
Illinois investor buys 175-unit Brown Deer apartments from local firm
In its second Wisconsin deal within a year, multifamily real estate investment and property management firm JVM Realty Corp. of Oak Brook, Illinois, has acquired a 175-unit luxury apartment complex in Brown Deer.
Up to 203 workforce apartments at Bishops Woods would offer lower Brookfield rents
Up to 203 apartments are proposed in Brookfield’s Bishops Woods office campus that would have monthly rents running about $400 below the city’s average.
Memphis-area home sale activity slows in July, prices and inventory remain high
The Memphis residential real estate market saw home sales plunge 17.5% in July and prices came down from record highs in June, according to data from the Memphis Area Association of Realtors (MAAR).
Nearly 2,000 homes sold in July 2022, down over 400 homes sold compared to the record July 2021 pace. The median price of $233,250 was a 5.5% increase from July 2021, and the average price of $268,133 was a 6.2% increase.
Home prices were also down from a record June, which saw a median of $250,000…
Terminix grows revenue but feels inflationary pressure as merger with Rentokil nears
Terminix grew revenue to $585M in the most recent quarter as it gears up to merge with British pest control business Rentokil Initial.
Tony Giarratana lists Church Street penthouse for $10M
The real estate developer's 4,374-square-foot penthouse will come fully furnished.
Newly built Clarence home sells for $6.5 million, setting new record
The previous record for an Erie County residential transaction was $3 million for a sale made seven years ago in the Town of Hamburg.
Town center planned on 35-acre site near Hard Rock Stadium
The mixed-used project would include apartments, hotel rooms, and entertainment.