Real Estate Blog

The Kansas City Council will discuss a proposed ballot issue that would give it an out should voters approve an initiative to lower the cap on economic incentives.

The council is set to discuss this week an ordinance proposed by Councilwoman Teresa Loar, KSHB reports. The ordinance is a response to a measure put forward by the Coalition for Kansas City Economic Development Reform to reduce tax incentives.

The coalition’s ballot measure would cap tax abatement incentives granted by most major…

U.S. mortgage rates rose slightly, just a week after their biggest one-week drop in a decade, according to Freddie Mac.

The 30-year fixed mortgage averaged 4.08 percent for the week ending April 4, up from 4.06 percent the previous week. A year ago, mortgage rates stood at 4.4 percent.

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

“Purchase mortgage application demand saw the second highest weekly increase over the last year and thanks to a spike in refinancing activity,…

The Austin Economic Development Department is rolling out a revamped structure for incentives — with a new focus on subsidizing small, local businesses rather than just the Apples and Samsungs of the world. City Hall thinks the new approach is a better fit for Austin's current economy. But it has its skeptics — and an obstacle that could throw a wrench in the effort.

What are the largest residential real estate firms in Nashville?

We ranked Nashville's residential real estate firms by company sides on a transaction in 2018. To view the top five and see which one tops the list, check out the slideshow with this story.

For the rest of Nashville's top residential real estate firms, take a look at this week's print edition of the Nashville Business Journal. The full list is available in print and includes information about the 2018 gross sales, average sale price,…

“Lord of the Rings” star Orlando Bloom has a splashy home in a swank Beverly Hills location. But right now, he looks to sell.

And with good reason. Bloom got engaged on Valentine's Day to singer Katy Perry, and so he has put his own home on the market for nearly $9 million.

They are now living in her more private home, according to reports.

The house, at 1106 N. Hillcrest Road in Los Angeles, dates to 1959. It features floor-to-ceiling glass doors and a spacious pool in the center, according…

The billionaire owner of the Boston Red Sox and the Boston Globe has cut the listing price of his Florida mansion by $10 million, a 40 percent drop.

The Business Journal earlier this year reported that John Henry had listed his 41,010-square-foot estate near Boca Raton, Florida, for sale for $25 million.

The listing price is now $15 million, according to a representative from Douglas Elliman Real Estate, a luxury residential brokerage. Senada Adzem of Douglas Elliman is the listing broker.

The…

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,…

The fight to boost education funding brings lots of people together — teachers, superintendents, politicians.

But advocates want to add another constituency to the mix: real estate agents.

That’s the target audience of a new report by ReadyNation Pennsylvania, an advocacy group that wants to increase education funding. They argue Pennsylvania realtors would benefit from more education dollars because of the potential for increased property values.

The release of the report coincided with…

A combination of close-up mountain views and custom decoration make this Boulder County home one of a kind.

Inspired by Western style and trips to national parks, the owners of this luxury log home, listed at $6,499,000, worked for years to create their perfect residence. To decorate 4217 Eldorado Springs Drive in unincorporated Boulder County, they brought in wood carver Jose Jaramillo, who created bookcases, and woodworker Ken Siggins, who created furniture, built-ins, and architectural features…

Two separate property sales mark the start or pending start of construction on multifamily projects in Sacramento and Roseville.