Real Estate Blog
Texas-based ranch broker: ‘There’s a little bit of John Wayne in everybody’
With relatively strong oil prices and a high level of political uncertainty, the ranch real estate business in Texas and across the country is surging.
That’s the assessment of Bernard “Bernie” Uechtritz, owner and founder of Dallas-based Icon Global, which specializes in marketing and selling ranches worldwide.
The company recently launched multiple new ranch listings across seven Texas counties: Meridian, Zephyr, Milam, Archer, Presidio, Bosque and Henderson. The newly listed ranches total…
Kuper Sotheby’s International Realty opens Broadway Street location
Kuper Sotheby's International Realty is opening a second Alamo Heights office.
The company plans to move 20 sales associates and support staff from its location at 6606 N. New Braunfels Ave. to the new office at 5000 Broadway St.
“We are expanding into the heart of the tricities to better serve our large customer base in Alamo Heights, Terrell Hills and Olmos Park,” said J Kuper, owner of Kuper Sotheby's International, in a news release. “This office symbolizes our ties to Alamo Heights, where…
First look: Inside Pier 4’s $7M penthouse in Boston’s Seaport
Some residents have already moved into the luxury condominium complex at Pier 4, and the Business Journal got an early look at one of the penthouse units overlooking Boston Harbor.
Pier 4’s Penthouse M is a three-bedroom unit with three-and-a-half bathroom, with an interior spanning 2,564 square feet and a 1,454-square-foot private roof terrace.
Brooklyn, New York-based ASH NYC staged the unit. The nine-story, 106-unit Pier 4 was designed by SHoP Architects and developed by Tishman Speyer…
Home sales on Kauai rise as condo sales drop in June
The number of single-family homes sold on Kauai rose by 11% in June, compared to the same month last year, but the number of condominium sales dropped and prices for both categories declined, according to statistics provided by Hawaii Information Service on behalf of the Kauai Board of Realtors.
There were 62 single-family homes sold on Kauai in June, which was an increase of 10.71% from 56 homes sold in June 2018. The median price of those homes was $622,500, which was a drop of 14.73% from $730,000…
Home sales on Hawaii’s Big Island decline in June
Sales of single-family homes and condominiums on Hawaii’s Big Island fell last month, compared to June of last year, while prices were mixed, according to statistics provided by Hawaii Information Service on behalf of Hawaii Island Realtors.
There were 208 single-family homes sold on the Big Island in June, which was 7.96% fewer than that 226 homes sold in June 2018. The median price of those homes was $369,000, which was 3.21% less than the median price a year ago, which was $381,250.
The median…
Longtime Seattle-area homebuilder Conner Homes gets new president
Charlie Conner steps down but remains with Conner Homes, which promoted a president from within the company's ranks.
Brookfield selects first 2 homebuilders for West Valley master-planned community
The 1,130-acre site was formerly owned and farmed by the Lakin family, representing the first large master-planned community to be developed in the Valley since Eastmark launched in 2013.
Yamanee can move on to construction after beating legal challenge
An ambitious midtown Sacramento housing project appears to have cleared a legal challenge, but there’s no timing yet for construction to begin.
Even so, an attorney for developer Ryan Heater said they welcomed a California 3rd District Court of Appeal ruling last week upholding city approvals for the Yamanee project.
“We’re pleased with the decision, and think the court got it right,” said Matt Keasling, of Sacramento law firm Taylor & Wiley.
Keasling declined to comment further on the…
Home prices rise in suburb, but continue to dip in Seattle
The luxury market is seeing more homes for sale, and one expert chalks it up to the state's impending higher excise tax on pricey properties.
Metro Denver’s supply of homes for sale surged in June
Like the delayed runoff now surging through creeks and rivers along the Front Range, listings continued to flow into metro Denver’s housing market last month, according to a monthly update from the Denver Metro Association of Realtors.
Despite lower borrowing costs, buyers fell short when it came to absorbing the new inventory, even for the most affordable tier of homes, which usually see rock-solid demand.
Buyers purchased 5,234 homes and condos in metro Denver last month, a decline of 14.31 percent from May and 14.34 percent from June of last year, according to the DMAR counts. What has been the strongest segments of the market for demand, homes and condos priced below $500,000, experienced a 13.5 percent monthly drop in sales.
The number of homes and condos available for sale in metro Denver at the end of June was 9,520, an increase of 7.1 percent from May and up 28 percent from June 2018.
Metro Denver hasn’t had so many homes available for sale since October 2013, noted Jill Sc..