Real Estate Blog
Denver realtors report less frenzy in the Denver housing market in June
Only one category of Denver homes set a price record in the month of June.
Austin development fees drastically higher than other cities, study finds
A report requested by the Austin Board of Realtors and the Home Builders Association of Greater Austin found that development fees in Austin far outpace those in the state's other big cities. Click through for a deep dive into what many developers have identified as the most pressing regulatory issue in town.
Flood gates open on metro Denver housing inventory in June
The number of homes and condos available for sale in metro Denver surged by nearly two-thirds between May and June and nearly twice as many properties are now on the market compared to a year ago, according to a monthly update from the Denver Metro Association of Realtors.
Buyers, who have struggled with a record-low number of listings since pandemic lockdown orders ended more than two years ago, had four times the selection available to them at the end of June as they did at the start of the year — 6,057 vs. 1,477.
But that might prove small consolation. Inventories are rising because significantly higher mortgage rates and higher home prices have priced many would-be home purchasers out of the market.
“The stock market, inflation and cryptocurrency have all taken a hit in the last few months. Housing will eventually be a victim to the economy as a whole, but just how much is yet to be seen,” said Andrew Abrams, chairman of the DMAR Market Trends Committee, in comments accompanying..
Just a handful follow short-term rental rules in Jefferson County; officials aim to pull hundreds more into compliance
KITTREDGE — Laura Hayes picked up a binder at least 2 inches thick — all of it documentation needed to rent out her house to strangers — and laid it on her kitchen table.
“It’s endless, endless red tape,” she said, as permit applications and room-by-room photos of her property spilled out of the folder. “The amount of paperwork to remain compliant is non-stop and exhausting.”
The worst thing about it, Hayes said, is that she is one of only 17 property owners registered with Jefferson County to legally offer short-term rentals in the unincorporated parts of the county — the vacation listings that most commonly appear on websites like Airbnb and Vrbo.
Yet, the county believes that at least 500 property owners rent houses or rooms across unincorporated Jeffco on a short-term basis — only they do it under the radar. No fees, no inspections, no permits.
Hayes suspects the number of non-compliant landlords in the county may be much higher.
“I think everyone should have to play the game,..
New York software company aims to hire around 100 people for new Baltimore office
To launch the new hub, Diligent is partnering with SV academy to train up to 100 Baltimore residents, with around 30 of them being offered jobs at the software company.
Stanley Black & Decker moves out of White Marsh, subleases to Hopkins
When the lease was announced in 2018, Gov. Larry Hogan hailed the company's investment in Baltimore County as an economic development win.
Polsinelli law firm building in downtown Denver sells for $233M
The price on the building adds up to $752 per square foot.
MPV Properties lands Chick-fil-A restaurant for Farmington development in Harrisburg
MPV Properties has signed Chick-fil-A for Farmington, its master-planned development in Harrisburg.
Under new CEO, Waltham developer looks beyond Boston
Hobbs Brook Real Estate has a portfolio heavily focused on Boston’s suburbs, but its new chief executive has been charged with expanding the development firm into new parts of the U.S.
Goodbye oil tanks: Two major warehouses planned for just outside Boston
In the scramble by e-commerce companies and others to secure warehouse space close to city centers like Boston, a major site close to downtown and Logan Airport just got scooped up for two massive buildings.