Real Estate Blog

How cities govern construction and short-term rentals could be affected by these bills working their way through the Texas Legislature.

A Texas homebuyer has a median age of 47 and an annual median household income of $101,700, according to a new report from the Texas Association of Realtors.

About one out of every three is a first-time buyer, and nearly twice as many in Texas opt for a new home compared to homebuyers nationwide, according to the 2019 Texas Homebuyers and Sellers Report. The report analyzed survey data among Texans who bought or sold a home between July 2017 and June 2018.

A first-time buyer in Texas had a median…

Simmons Bank has agreed to contribute a total of $15 million in community development investments in St. Louis as part of its $213 million purchase of Reliance Bank.

In a three-year agreement with the St. Louis Equal Housing and Community Reinvestment Alliance (SLEHCRA), Simmons pledged to open a retail branch in a low-income minority neighborhood, set goals for small-business loans, invest $500,000 in the Gateway Neighborhood Mortgage loan fund, and contribute $60,000 a year to charities in St.…

Two competing housing visions from Bay Area state senators are headed for key sessions in Sacramento today.

This morning, the Senate Governance and Finance Committee will hear both SB 50, authored by state Sen. Scott Wiener (D-San Francisco), and SB 4, from fellow state Sen. Mike McGuire (D-Healdsburg) — two large pieces of competing housing and transit-based legislation.

Senate Bill 50 is State Sen. Scott Wiener’s (D-San Francisco) second recent attempt at tackling California’s housing…

A look at this week's real estate goings-on.

Three major players already dominate the Phoenix market, the study shows.

A mansion with every luxury amenity you can think of is on the market for $2,700,000 in Apple Valley.

The home at 12128 Grandview Terrace, known also as “The Grandview,” is 13,050 square feet with five bedrooms and seven bathrooms.

One master bedroom has a walk-in closet, a deck and a tanning bed.

The kitchen is also fully stocked with an indoor grill, wall oven and gas stovetop.

But it's the luxury touches that shine. The backyard is dominated by a patio with a pool and hot tub.

Inside, there's…

AKT Development Corp. is planning its own entry in the rush of developers with projects around California State University Sacramento.

Colorado is at a crux. As more people are drawn to its natural beauty and relaxed lifestyle, the less those qualities shine through. On the other hand, if these qualities are too highly valued, communities can very well price themselves out of it.

No city is currently struggling with this conundrum more than Longmont. Since its founding, Longmont has been a rural town clearly distinct from its more urban counterparts in Boulder, Fort Collins, and Denver. That line, however, is quickly blurring as populations boom and real estate costs skyrocket.

No sign is more evident of this coming change than the city council updating its zoning and land development codes for the first time in 17 years.

Though the new codes were officially enacted in September, the first development proposals making use of these new allowances are now being reviewed by Longmont Planning and Development Services, providing a glimpse into future.

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Called Meridian on the Square, the project “will help set the precedent for future growth of the surrounding area,” Fayetteville planners say.