Real Estate Blog
Central Florida among regions with the most canceled home sales
In June, 600,000 home-purchase agreements fell through across the U.S.
NBA superstar Steph Curry buys Winter Park home
The home's kitchen comes with a built-in espresso machine.
Meet Orlando’s new City District director Nikki Aviles
One of the things she's doing now is focusing on what could draw people downtown past work hours.
PepsiCo purchasing 152 acres near Denver airport
The new facility will bring 250 new jobs to the area.
Specialty grocer Earth Fare to close its SoDo store near downtown Orlando again
The store previously closed in 2020 and reopened in 2021.
1000-acre residential development takes step forward near Lake Travis
The Travis Club could include 274 single-family lots and 223 villa units in addition to a golf course on the expansive plot along Bee Creek Road between Thurman Bend Estates and the Siesta Shores community. Get the latest on the plan, plus check out ABJ's latest list of the wealthiest ZIP codes.
How the US housing market is shifting, by region
Both data and anecdotes from across the country illustrate how the national housing market is changing in the wake of higher interest rates and inflation.
Drop in metro Denver home sales will be steeper than expected
Metro Denver’s housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to a mid-year update from the Denver Metro Association of Realtors.
Despite the worst global pandemic in more than 100 years, both 2020 and 2021 unexpectedly turned into record-breaking years for residential real estate activity. The initial forecast was that 2022 would come off last year’s 63,684 closings by about 4% to 5%. Now the expectation is that the decline will be closer to 7% to 9%, and the plunge could be deeper than that depending on the direction of interest rates.
“Given the current volatility, do not be surprised by a number that exceeds 9%,” advised Steve Danyliw, past chairman of the DMAR Market Trends Committee, in the group’s mid-year update.
Likewise, the committee has taken its forecast of home price gains from the 11% to 13% range this year down to a 9% to 11% range, which is still robust ..
Investor acquires automotive shop, leases to Magic City Tire & Service
An automotive tire and service facility in Avondale recently acquired by a private investment firm has been leased to a local company.
Long-awaited West End mall redevelopment picked up by New York firms
Two firms known for creating affordable housing and retail projects in underserved communities in the Northeast are now managing the redevelopment of The Mall West End.