Real Estate Blog

One builder expects the city's incentives to encourage granny flats, or ADUs (accessory dwelling units) will cut approval time from months to a week or so.

Chicago may be the third most populous city in the U.S., but when it comes to highest cost of living, it doesn't crack the Top 10, according to a recent analysis.

Move.org recently analyzed data from the 75 largest cities in the U.S. to see which had the most affordable cost of living and, at the other end of the scale, which ones are expensive.

Chicago came in at No. 15 on the list of most expensive cities, with average monthly expenses of $2,495. That is slightly less expensive than Miami (No.…

The proposed fix for San Francisco’s tilting Millennium Tower has cleared its first significant hurdle.

A panel of experts hired by the city has approved a $100 million retrofit that the Millennium Tower Association submitted last December to stop the 58-story Transbay high-rise from sinking and tilting, according to a memo submitted to the Department of Building Inspection.

Click here to read the full memo, which was first reported by the San Francisco Chronicle.

The planned fix — which…

A Houston-area private golf club has been recognized by a national publication for the amenities it offers its members.

Golf Inc. Magazine has awarded first place to Bluejack National’s The Fort in the publication’s annual Best New Amenities competition, which recognizes the year’s most outstanding upgrades and additions at golf clubs and resorts. Entries were judged on how well the addition achieved its goals, as well as on aesthetics and financial benefits.

Bluejack National is a 755-acre…

Developer Ryan Bedford aims to start construction next year on an 11-story building with 133 apartments in Walker’s Point, and sees demand coming from empty nesters.

The building is proposed along the Milwaukee River at 234 S. Water St. Bedford, of Waukesha-based Bedford Development, is working with VJS Development Group of Pewaukee on the plan.

Bedford said there is demand for “A-plus-plus” level of apartments downtown, as evidenced by the leasing at Northwestern Mutual’s 7Seventy7 high-rise,…

A nationwide survey of contracting firms, including in California, suggested little hope the crunch for labor will ease anytime soon.

In results released Tuesday, Associated General Contractors of America said contractors are not only having a hard time finding workers, they’re also not optimistic on seeing improvement soon. Here are some key points from the survey and a call the group hosted to discuss the results.

1. Sixty-eight percent of the 85 respondents AGC got from California said they’re…

Southern California may have year-round sunshine, but it comes at a price. Including Los Angeles, six Southern California cities ranked among the top 20 most expensive cities to live, with four of them in Orange County.

Move.org recently analyzed data from the 75 largest cities in the U.S. to see which had the most affordable cost of living and, at the other end of the scale, which ones are expensive, like San Francisco.

Los Angeles came in at No. 8 on the list of most expensive cities, with average…

It's no surprise that New York City is among the most expensive U.S. cities to live in, but it's also costly to live across the Hudson River, according to a recent cost of living analysis.

Move.org recently analyzed data from the 75 largest cities in the U.S. to see which had the most affordable cost of living and, at the other end of the scale, which ones are expensive.

New York City came in second on the list of most expensive cities, with average monthly expenses of $3,956. However, Jersey City,…

Colorado officials tasked with helping create affordable housing options for the state’s fast-growing population know they’re facing a chasm of need as deep as Grand Lake.

About 280,000 Colorado households put at least 50 percent of their income toward their housing, according to Colorado Department of Local Affairs, an arm of state government that includes the Division of Housing. By federal standards, those people are considered severely cost-burdened, meaning that the amount they pay to keep a roof over their heads damages their ability to buy food, pay for medical care and provide other necessities for themselves and their families.

The U.S. Census Bureau put the average Colorado household size at 2.55 people, meaning roughly 714,000 Coloradans live under such conditions. That’s more than one out of every 10 people. The doesn’t even account for the thousands of additional people dedicating at least 30 percent of income to housing, the federal threshold for being cost-burdened.

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Property records show Hines has sold off the last piece of an office portfolio acquired in 2016 to a firm based in Silicon Valley.