Real Estate Blog
As inflation continues, here’s how average rents are trending in Boston
The cost of nearly everything is on the rise, and rents are no exception. Boston's already sky-high rents are rising at about the same pace as the national average—and local renters are seeing a big increase in monthly costs. Here's how Boston compared to the rest of the U.S. in the second quarter.
New power buyer allows people to compete against companies offering cash in Denver’s housing market
Homebuyers in metro Denver have faced a tough market for years, with listings in short supply and multiple failed bids common on the path to the closing table. It can be especially frustrating when they lose out to cash buyers, whether investors looking to acquire rental properties or transplants who are shifting money from more costly housing markets.
Institutional buyers, who range from giant private equity funds to mom-and-pop landlords using an LLC, snapped up about one in seven of the homes sold in Colorado last year, according to the National Association of Realtors. Just over four in 10 of those homes were flipped or resold after making improvements, but a similar share of investor-purchased homes went forward as rentals.
“When investors buy homes it decreases owner-occupied homes in the market. As a result, prices go up,” said Shaival Shah, CEO and co-founder of New York-based Ribbon, the latest “power buyer” to enter the Denver market.
In markets like Denver where not enoug..
LA company advancing plans for Broadway area brewery development
The multimillion-dollar project will be part of a larger River North revitalization.
Developers plan to buy Grand Island’s Radisson Hotel, turn it into apartments
The Radisson Hotel Niagara Falls-Grand Island soon could become 135 apartments.
Housing shortages are the plan
There's a reason why Hawaii governors have been promising urgent action on our housing shortage for more than 50 years.
Luxury Homes in Greater Baltimore
Ranked by Sale price Information for this List was provided by Bright MLS Inc. Greater Baltimore includes Baltimore City and Anne Arundel, Baltimore, Carroll, Harford and Howard counties.
Largest Residential Real Estate Firms in Greater Baltimore
Ranked by Number of local agents Information for this List was obtained via surveys completed by company representatives.
As inflation soars, here’s how average rents are trending in the Portland metro
What experts are calling a “perfect storm” of factors has driven rents to all-time highs, including in the Portland metro.
The national average apartment rent increased to $1,736 per month in the second quarter — a 17% increase from a year ago — according to data from RealPage Market Analytics. That amounts to a $251 increase per month at a time when inflation is soaring across the nation.
In the Portland area, rents are up 13% compared with the second quarter of 2021. That is an average annual…
VanTrust plans 500-acre New Albany Tech Park near Intel site
The project will include combination of speculative buildings and build-to-suits targeted for Intel suppliers and other companies.
As inflation soars, here’s how average rents are trending in the Phoenix metro
The cost of nearly everything is on the rise, and rents are no exception. Here's how average rents are trending in Valley cities.