Real Estate Blog

Two area homes sold for north of $1 million in this week's roundup.

The governor met with a Louisville developer for a tour of a new housing development that aims to ease the city's affordable housing shortage.

Four massive mixed-use projects that would ultimately result in billions of dollars of new, skyline-changing development in Dallas took big leaps forward this week. All told, if the ambitious plans come to fruition, the city of Dallas will have about 2,000 new multifamily residential units, hundreds of new single-family homes, more than a million square feet of new office and retail space, multiple hotels, a 38-floor mixed-use tower, and an 80-floor skyscraper that could be the tallest one in town.

Baker Katz, founded in 2004, has about 100 retail properties that it has either developed or acquired, mostly in Greater Houston. Like other real estate companies, it has focused more on acquisitions recently.

A contemporary house on Madison's Lake Mendota that's on the market for $4.25 million was recently featured on the popular Zillow Gone Wild Instagram account.

Matt Bittick, senior vice president with CBRE Capital Markets Institutional Group, said it's the first sale of a Class A, multi-tenant, high-rise office building since 2017.

The center is expected to be finished by summer 2023.

The total price was $12.8 million.

Unit occupancy for vacation rentals statewide dipped just slightly compared to 2019.

As metro home prices continue to climb, suburban areas ringing Denver are becoming more popular, especially if those areas offer more urban amenities and provide public transportation or easy highway access.

Suburban areas with mature landscaping and trees draw younger professionals ready to put down roots and raise their families, says Esperanza Wardroup, West+Main real estate agent.

With lots of parks and opportunities for enjoying time outdoors, neighborhoods like Aurora’s Hutchinson Heights and Aurora Knolls appeal to young professionals and young families.

“That dense suburban feel is a big reason why people gravitate and keep pushing east,” Wardroup says.

Frieda Riggs, 8z real estate agent, agrees.

“These older, established neighborhoods become a big attraction,” she says.

Homes in Hutchinson Heights and Aurora Knolls sit along a greenbelt and offer a new central recreation center, biking, or walking trails. The open space appeals to people with dogs and young children.

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