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Real Estate Blog

Real Estate News and Updates

5 Tips To Avoid Personal Finance Trouble When Buying A Home

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Fed announces interest-rate decision

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Denver vs. Charlotte: How the Super Bowl 50 cities match up (Slideshow)

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Editor's note: As winter hangs on in Minnesota, the Business Journal presents Dream Getaways, a look at luxury properties in areas around the country where Minnesotans might like to spend time in the winter, or in this case, any time of the year. This installment is courtesy of the Denver Business Journal.

The Colorado Golf Club's largest home has hit the market with an asking price of $5 million.

Built in 2009, the 16,544-square-foot, six-bedroom, 10-bathroom residence at 7750 Preservation Trail…

Despite the devastation caused by the coronavirus pandemic in the Kansas City metro, a newly released report from Block Real Estate Services LLC said the real estate sector remained strong. Here are four property sector takeaways from the 102-page report.

A company controlled by Matrix Essentials co-founder Sydell Miller sold a vacant home lot in Palm Beach for $42 million.

The 1.71-acre property at 1440 S. Ocean Blvd. was sold by 1440 Holdings LLC, affiliated with Miller through her Ohio attorney Richard Armbruster, to the 1440 South Ocean Trust, with attorney Ronald Kochman as trustee. It’s not clear who owns the trust.

Miller’s company purchased the property for $10 million in 1999, so it more than quadrupled in value. It’s located along…

The 30-year fixed mortgage rate averaged 2.97% for the week ending Feb. 25 — up from 2.81% last week.

Birmingham did not make the list of top trending locations for Gen Z renters in Alabama.

The typical U.S. homeowner is staying put in the same place five years longer than at the start of the decade. But metro Denver residents aren’t typical.

Back in 2010, U.S. homeowners had spent a median of eight years in their homes, according to a study from Redfin, a national real estate brokerage firm based in Seattle. But this year, the median tenure is now at 13 years.

In Salt Lake City and Houston, the median tenure exceeds 23 years, and it is above 20 years in Fort Worth, San Antonio, and Dallas, according to Redfin.

By contrast, metro Denver residents are tumbleweeds. The median tenure went from 8.7 years to 9.3 years. The increase was only 6.9%, the smallest of the 55 metro areas Redfin examined.

In Indianapolis, the median tenure is up 92.2%, while in Austin, Texas, it is up 89.7%.

“When homeowners stay put, that can reduce the number of homes for sale, making a market more competitive for buyers,” said Daryl Fairweather, chief economist with Redfin, in the study.

That ..

The property at 1833 Emerson St. in Denver, the scene of three-alarm fire that destroyed an under-construction apartment project and killed two men last year, will be rebranded in the coming weeks as the development company that owns the property prepares to rebuild there.

The Emerson Place Apartments project near the intersection of Emerson Street and East 18th Avenue was set to be a five-story building containing 84 apartments in North Capitol Hill before its exposed wood frame ignited on March 7, 2018. The flames eventually climbed 200 feet in the air in one of the largest fires in recent Denver history. Two workers on the site that day, 37-year-old Dustin Peterson, an electrician, and 29-year-old Roberto Flores-Prieto, an insulation installer, died in the fire. Six other people were hurt.

The cause of the inferno remains unknown, according to Denver Fire Department officials.

The property has been largely quiet since investigators wrapped up their on-scene work. The only thing t..