Real Estate Blog
St. Louis-area lenders foresee a cooler housing market. But it could enable new buyers.
Higher interest rates have cut into the pace of home loan mortgage originations, but St. Louis-based lenders said there’s an opportunity for a rebound when housing supply catches up with demand. That could aid those currently struggling to enter the housing market.
Walter Bronhard plans five-story building on Waterman Street
Fall River developer Walter Bronhard plans to demolish two houses and construct a five-story mixed use building in the College Hill neighborhood.
John L. Scott Real Estate network expands with acquisitions
Based on local sales, John L. Scott is the region's third largest residential real estate company.
Apartment rents decline in some South Florida cities
One Miami broker says the decline won't last for long until rents begin rising again.
Denver developer to build RiNo high-rise with innovative material: wood
A Denver developer hopes to put Colorado on the map by building new apartments with cutting-edge construction material: wood.
Wood has been used for thousands of years for houses and other buildings. However, the kind of wood Katz Development will use for its 12-story apartment project in Denver is made for what’s called mass-timber buildings, which are more common in Europe but are catching on in the U.S.
Ceilings, walls, floors, beams and columns in mass-timber construction are built with panels of wood layers, which are laminated and are perpendicular to each other, rather than steel and concrete. Using mass timber speeds up construction and takes fewer workers because the pieces are modular units that fit together like Lincoln Logs.
But a major reason Katz Development, a family-owned business, and other companies are turning to mass timber is because they believe it is more environmentally sustainable. Buildings and construction account for about 40% of the global greenhouse-gas..
BPDA approves Harvard Allston campus, Seaport lab project
The Harvard project came before the board after lengthy negotiations between the school, City Hall, and neighborhood politicians and residents.
Greene County seeks contractors to assist with state-financed demolition projects
The county has been awarded $500,000 in state funding for the demolition of commercial and residential buildings, as well as the revitalization of surrounding properties.
Betting on the suburbs: Westminster apartments sell for $94M
The price per unit works out to be $405,172.
More than 800 homes planned in Natomas’ Panhandle area
The entire Panhandle was annexed to the city three years ago.
More Central Ohio homebuyers are backing out of deals. Are interest rates to blame?
From June 15 to June 30, there were 2,418 new homes listed for sale, according to Columbus Realtors data. Of those, 414 went back onto the market after going under contract.