Real Estate Blog

Bonuccelli will oversee operations of CBRE's Honolulu office and drive its growth strategy for all Advisory Services lines of business.

Even with remote work still going strong, Bellevue office space is still in high demand, says an executive with Patrinely Group, which is developing the tower with Dune Real Estate Partners.

Despite the pandemic overhang, total assessed property values hit nearly $620 billion, thanks to a gonzo home market and a resilient tech industry, Assessor Larry Stone said.

The Whittle School's financial struggles are again surfacing in the courts as its landlord files another suit, this time against a brokerage firm.

Demand for homes seems to be leveling off, but in some areas, buyers are still paying above list price, according to Redfin data.

The week's real estate news.

Recent interest rate hikes are starting to cool Denver’s red-hot housing market.

A report by Redfin shows that 46.7% of home sellers in the Denver metro lowered their prices in May.

“There are two kinds of sellers in today’s market: Those who already know the market has cooled, and those who are learning about the cooling market as they go through the selling process,” says Redfin Chief Economist Daryl Fairweather.

“The former wants to sell quickly before the market slows further and they’re willing to price slightly below comparable homes in their neighborhood right away, and the latter may have to drop their price if their home doesn’t attract buyers within a few weeks. As more sellers come to terms with the slowing market, fewer homes will have price drops.”

Redfin’s report shows Denver’s median home sale price was $614,000 in May.

Still a seller’s market
Chad Murphy, an 8z real estate agent, says sellers need to use precision pricing and can’t expect to get offers for $10,000 ..

The startup provides up to $1 million in working capital for businesses that qualify.

The 9,800-square-foot retail center comprises a Subway, Venice Ramen, Tajrish Kebab House, Ogden’s Cleaners and AlkaPuro.

The Larrabee family first opened its furniture store in 1962 in Boulder.