Real Estate Blog
Health-care facility developer moves office from Highlands Ranch to downtown Denver
The company uses its Denver office to serve Colorado and three other states.
U.S. mortgage rates hover near historical lows
After plunging last week, U.S. mortgage rates head steady at a level not seen since November 2016, according to Freddie Mac.
The 30-year fixed mortgage averaged 3.6 percent for the week ending Aug. 15, the same as last week. A year ago, mortgage rates stood at 4.53 percent.
Low mortgage rates help propel U.S. home sales and the refinance market.
“The sound and fury of the financial markets continue to warn of an impending recession, however, the silver lining is mortgage demand reached a three-year…
Seattle mayor draws up spending plan for the $144M Mercer Mega Block sale
The money will be split between transportation and housing, with Mayor Jenny Durkan proposing putting most of the funds to affordable housing.
Zillow to start purchasing South Florida homes
South Florida homeowners looking to sell their homes for cash have a new option. Home marketplace Zillow launched its Zillow Offers program in the tri-county area Monday.
This is the 16th market where the Seattle-based company (Nasdaq: ZG) operates Zillow Offers, which makes no-obligation cash offers for homes and aims to close within five to 90 days of accepting an offer. The company seeks to repair the home, and then re-list it for sale within a few weeks.
Zillow spokesman Marcelo Vilela said…
How the rules for DFW homebuyers have changed
Houses in most markets across the country, including Dallas-Fort Worth, are becoming increasingly unaffordable. On the brighter side, over the past few years, federal housing finance agencies Fannie Mae and Freddie Mac have launched a series of mortgage initiatives that were modeled for the financial capacity, cultural and demographic characteristics of today’s consumer.
(PHOTOS) Million-Dollar Dream Homes: Property on Bromley Wood Lane lists for $1.2 million
Welcome to Million-Dollar Dream Homes, Triad Business Journal's window into the top end of the Triad's residential real estate market. Each week, we'll feature a home (translation: mansion, estate, manor, compound) that's for sale for a $1 million or more. We'll tell you a little bit about its history and show you a few pictures – so gawkers can gawk and shoppers can shop. Are you a broker with a million-dollar residential listing in Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Montgomery,…
Housing company claims it’s owed $20M in hurricane damage — but insurers aren’t paying
Insurance companies are holding their ground, saying their policies didn't cover the more than $20 million in damages the complex claimed to have sustained.
National home iBuyer co. partners with real estate firm on new program coming to Houston
Chandler, Arizona-based Offerpad is partnering with real estate giant Keller Williams to roll out a so-called iBuyer program in 10 states by the end of the year to give consumers more options in selling their homes.
Keller Williams' iBuyer that had been launched in May — known as Keller Offers — is teaming with Offerpad to quickly scale the instant home offer service, Gayln Ziegler, director of operations for Keller Offers, said in a statement.
The new iBuyer partnership will start in Phoenix…
This Cincinnati neighborhood ranks among the worst places in Ohio to buy a home
A neighborhood within the city of Cincinnati is one of the worst places for homeownership in the state, according to a recent study.
UnitedStatesZipCodes.org ranked the 45203 ZIP code, which is made up mostly of Queensgate, as No. 4 among the worst places in Ohio to buy a home. The study, based on the most recent Census Bureau data for cities with a population of 60,000 or more, reviewed each area’s price to rent ratio found by dividing the median home value by the median annual rent.
When home…
Apartment locator executive finds high demand, high reward in her role
Cassie Brown is the founder and CEO of Smart City Locating, Inc., an apartment locating company that offers its services in Dallas, Austin and Houston. She founded the company in 2013, and has grown it to 139 employees. In 2018 the company made $13 million in revenue, up from 2015 when it made $1.75 million. Smart City has consistently doubled in revenue every year — and Brown and her team have done it without any investments.