Real Estate Blog
KC’s $7.95M allocation could help more than $100M in affordable housing projects get going
The Kansas City Council on Thursday agreed to distribute money to 14 community groups and builders that look to create or preserve 500 units of affordable housing.
Report: Jacksonville offers less space than many major cities for $1,500
If you're looking for the best bang for your buck, Jacksonville might not be the best place for you, a report finds.
Timeline: From Cambrian Park Plaza to Cambrian Village
A look back at the efforts developers have made to plan for the transformation of Cambrian Park Plaza, a 69-year-old shopping center in San Jose.
Modern Wisconsin home with entertainment hubs lists for $3M: Open House
A two-bedroom, five-bathroom lake home on the Wisconsin side of the St. Croix River is on the market for $3 million.
The 3,450-square-foot home was built in 2017 on a two-acre lot.
Located at 206 N. Ilwaco Road in Troy, about 10 minutes south of Hudson, the house goes big on entertainment spaces. It features three heated decks and an outdoor kitchen, complete with pizza oven and grill.
The main floor offers both an updated kitchen with a breakfast bar and a formal dining area.
Additional…
Exclusive: Proposed multi-block project could bring hundreds of housing units to inner NE
The development would reshape an area at the edge of the Central Eastside Industrial Area.
Seattle-area home prices still rising, just not as fast
Median home sale prices in July increased only around 2% year over year in King County, while jumping nearly 13% in Pierce County.
Despite added supply, average apartment rent in metro Denver ticks up
Developers delivered more apartments than tenants claimed in the second quarter, contributing to a slight rise in metro Denver’s apartment vacancy rate. But that added supply wasn’t enough to prevent rent inflation from accelerating, according to a quarterly update from the University of Denver and the Apartment Association of Metro Denver.
Average apartment rents in metro Denver rose by $93.75 to nearly $1,860 in the second quarter from the first and are up 12.6% for the year. The rate of quarterly appreciation rose to 5.3% from a 3.3% pace in the first quarter.
“The second quarter is typically the strongest quarter for rent growth,” Ron Throupe, an associate professor of real estate at the University of Denver Daniels College of Business and author of the report, said in a release. “This period is when most moves are made by families and individuals. This leads to a seasonal demand scenario and a positive rent effect of early summer with renters looking to migrate to the metro are..
Sterling Bay sparks return to mass timber construction with 9-story project
Designed by Hartshorne Plunkard Architecture, a nine-story multifamily development on Southport is going to be Chicago's largest timber-made building since the Great Fire.
Wells Fargo to relocate Boca Raton corporate office
The corporate office will employ 80 people, a spokesman for the landlord says.
Deal Dash: Kirkwood apartment sale, historic school redevelopment still in motion
This week's roundup of recent property sales, proposed developments and other activities includes the reactivation of a historic Atlanta public school and the opening of a new space in Midtown.