Real Estate Blog

Suzanne Powers, CEO of Powers Realty Group and Wisconsin's top-ranked real estate agent, is selling a Mequon home situated on 2.52 acres with an asking price of $1.39 million.

In 2018, Powers did $58.8 million in sales volume, nearly $20 million more than the second-place agent, which also ranks her among the top 1% of agents in the U.S.

The home, located at 7033 W. Overlook Court, is surrounded by 18 acres of wooded conservatory. The contemporary ranch-style home spans 6,242 square feet and…

Houston is Texas' second-most expensive big city for homeownership — but several smaller cities — including Galveston — are even less affordable.

A 24-acre estate in Sudbury with stone manor house, barn-style guest house, sprawling grounds, three gardens and a tennis court will be listed for sale on Monday for $6.5 million.

The 12,091-square-foot mansion is located at 151 Plympton Road and houses a vaulted great room, elevator and chef’s kitchen with butler’s pantry, according to its listing. The home also has a wine cellar, media/game room with bar, gym, sauna and lounge, while its master suite features a fireplace, sitting room and…

After holding steady last week, U.S. mortgage rates fell significantly to 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. 8, down from 3.75 percent last week. A year ago, mortgage rates stood at 4.59 percent.

Low mortgage rates help propel U.S. home sales and the refinance market.

“There is a tug of war in the financial markets between weaker business sentiment and consumer sentiment,” said Sam Khater,…

At least four U.S. Department of Housing and Urban Development secretaries have toured the Mariposa District, the Denver Housing Authority’s flagship project centered on the 10th and Osage Station light rail stop.

The more than 1,500-person neighborhood, which replaced the authority’s South Lincoln Homes, blends low-income, workforce and market-rate housing in a neighborhood that also hosts nonprofits, job training programs and other services aimed at building long-term economic stability.

Now the 17-acre neighborhood’s most visible piece is almost complete. DHA executives next week will finish packing up their desks at the authority’s current HQ at 777 Grant St. On Aug. 20, they will officially start work at the 11-story office tower at 1035 Osage St. the authority has dubbed the Central Office.

DHA executive director Ismael Guerrero on Friday led a Denver Post reporter and photographer on a tour of the still-under-construction 170,000-square-foot tower.

Kelsey Brunner, The Denver..

Millennials aren’t the only generation enamored with the idea of moving to metro Denver.

Generation X and Baby Boomers also ranked the Mile High City at the top of their “I’d be willing to move there” list, according to a new study from Clovered, an online insurance provider that sponsored a survey of 1,108 adults.

Seattle made the top of the list with millennials, but metro Denver was right behind it. That isn’t a big surprise. Young adults have been moving here in droves this decade.

What is surprising is that members of Generation X, those born between 1965 and 1981, actually put metro Denver first on their list of prime places to move to, followed by Nashville. And Baby Boomers, those born between 1946 and 1964, placed Denver second to Virginia Beach, Va.

RELATED: Denver remains a top destination for millennials
“A competitive housing market, a healthy job market, five-star weather … it’s no wonder that Denver was the only city to make all three generations’ top two most desira..

Memphis' beleaguered, publicly traded retailer has a new office home in Memphis.

Fred's Inc. signed a three-year lease for 18,700 square feet at 6625 Lenox Park Blvd. in early July. The lease occurred roughly concurrent with the company selling its longtime headquarters on Getwell Road.

The Getwell property holds a 758,000-square-foot warehouse, a 65,000-square-foot retail building, and two office towers totaling about 224,000 square feet. Montreal-based Olymbec bought it for $8.25 million.

The…

An Indianapolis-based developer has promoted an executive to lead an expansion into the Columbus market, with an eye on the city's opportunity zones.

The decision of whether or not Tom’s Diner on East Colfax Avenue will become a Denver landmark against its owner’s wishes will be made by the City Council later this month after a committee of councilmembers discussed — but ultimately did not find — ways to reach an amicable solution to the controversy Tuesday.

Whatever decision the Council makes following an Aug. 26 public hearing, Tom Messina, the diner’s owner and namesake, says the restaurant will be ending.

“I’m leaving regardless. Tom’s Diner is done,” Messina said at a meeting Tuesday’s of the City Council’s land use, transportation and infrastructure committee.

Messina has a deal in place to sell the diner and surrounding parking lot at 601 E. Colfax to Greenwood Village-based Alberta Development Partners for $4.8 million. The company, which intends to raze the diner and build an eight-story apartment building in its place, filed paperwork seeking nonhistoric status for the building in May.

Five Denver residents, with suppo..

In Denver’s Golden Triangle neighborhood one nugget of prime real estate has gone largely untouched for more than four decades as museums, apartment towers and hotels have grown up around it.

Finally, after years of speculation of what it will be and when, the future of the historic Evans School building at 1115 Acoma St. is beginning to take shape. Its potential new owners think its tardy bell could ring again as soon as 2021. Only this time it would be ushering visitors of all ages into restaurants and event spaces instead of sending grade-school kids scurrying for their homerooms.

“It’s an amazing piece of property. It’s really beautifully intact. For it to have sat largely vacant for 40 years in unusual,” Denver developer Joe Vostrejs said Monday as he strode the halls of the 1904 schoolhouse. “Because of the condition, we’ll be able to move pretty rapidly.”

Vostrejs and his partners with City Street Investors are teaming up with father-son team Jerry and Fred Glick from Denver’..