Real Estate Blog

Three Leaf Partners and Land Quest are proposing to build 798 homes and apartments on the site of the Maplecrest Country Club in the Kenosha County village of Somers. The golf course would close after the purchase of the land.

Eleven prospective renters compete for every apartment in Tampa Bay.

How out of whack is the housing market?

Well, an October poll by LendingTree of 2,045 US adults found 35% want the housing market to crash – highlighted by youthful Gen Z-ers (53%) and millennials (46%).

Look, rooting for a bargain is as American as apple pie. Who doesn’t hope for that big sale, deep-discount coupon or holiday pricing to stretch the budget?

So why not housing? Affordability anxiety of late is a real fear.

Think about the nearly 40% of non-homeowners from Gen Z (ages 18 to 26) and the millennial crowd (27 to 42) who told pollsters they feel a steep market pullback is the only way a home purchase will ever pencil for their finances.

It’s not just budget-strapped ownership seekers wishing for a home-price dip. Even 36% of owners surveyed hope for a crash.

Why? Well, 15% want to lower their property taxes and another 15% believe a price correction would help stabilize the market.

Various cures
There are various ways housing affordability headaches could be cured.

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The calculus for companies in the market for office space has become significantly more complicated in the wake of the Covid-19 pandemic.

It may be good news for home sellers and continued bad news for prospective buyers. Home prices in the Providence area, as expensive as they've gotten and as high has mortgage rates have become, are not expected to level off or fall next year.

The comprehensive initiative to replace, diversify and expand the urban tree canopy is part of the first major renovation to the mall since 1982.

A 12-story Dallas office building owned by two Houston-based REITs was headed for auction, but now its future is in the hands of a bankruptcy court judge. Click through to read the latest and to get more info on a dispute between the two companies that partnered to buy the building.

In addition to growth and industrial development, another major trend impacting Atlanta right now is “work from work,” as remote job postings drop off and the pendulum swings in favor of in-person office attendance.

Prior to the pandemic, remote jobs averaged a mere 4.0% of total job postings in Atlanta, according to JLL data. This share steadily increased over the next couple of years, peaking at 14.6% in October 2022. Since then, the share of remote jobs has trended downwards and is currently…

Austin city staff have proposed additional changes to the HOME Initiative intended to allow developers to more easily raise up to three homes on a single family property, marking a significant shift in the way homes can be constructed in Central Texas.

As he visited Lincoln's city offices to inquire about redeveloping his newly purchased downtown building, Farid Akbarpour said something caught his eye.