Real Estate Blog

In June, 600,000 home-purchase agreements fell through across the U.S.

The home's kitchen comes with a built-in espresso machine.

One of the things she's doing now is focusing on what could draw people downtown past work hours.

The new facility will bring 250 new jobs to the area.

The store previously closed in 2020 and reopened in 2021.

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.

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.

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 ..

An automotive tire and service facility in Avondale recently acquired by a private investment firm has been leased to a local company.

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.