Real Estate Blog

For the first time in seven years, median home prices in metro Denver declined year-over-year, according to a monthly update from the Denver Metro Association of Realtors.

The median price of a single-family home sold in February came in at $430,100, down 2.18 percent from the same month a year earlier. For condos, the median sales price declined 2.3 percent to $297,500 over the same period.

“Buyers are getting more power and sellers are not loving it. But there is something for both sides to love. Sellers are still doing OK,” said Jill Schafer, chairwoman of the DMAR market trends committee and a Denver-area real estate agent.

After years of robust gains, falling prices add another twist into the dynamics between buyers and sellers. Will sellers, realizing waiting won’t bring a better price, list more homes? And will buyers jump at the extra inventory hitting the market, or will they wait for a better bargain down the road?

RELATED: Denver home sellers’ “magic window” for listing ..

Investors are planning to redevelop Downtown's DoubleTree by Hilton hotel.

Ohio-based Continental Hospitality Group and Memphis-based Wright Investments are applying for a 15-year PILOT (payment-in-lieu-of-taxes) for the project from the Downtown Memphis Commission's (DMC) Center City Revenue Finance Corp. The hotel is located at 185 Union Ave.

The project would have a development budget of $47 million. The firms plan to renovate the 280-room, limited-service hotel into a full-service, four-star…

The owner bought the site for about $274 million in 2014.

New York developer Tom Intrator has purchased three Pinch District properties: 400 N. Front St., 429 N. Main St., and 396 N. Main.

When I was a student at the University of Memphis, there was a four-faced clock tower on campus that showed the wrong time depending on where a person was standing.

This was one of the first stories I pitched for my school paper, and my editor thought it was a silly subject. But after I wrote it, the tower became a bit of a meme around campus and the school fixed it in within the week. I didn’t mean to embarrass the school. I just wanted people to know that depending on where you stand, a person…

Projects range from a $20 million waterfront development in project in Port Angeles to a public health clinic, housing for veterans and a big business park on the Colville Reservation.

Projects like a Warriors arena, a mall and condominiums have all stalled out at Piers 30-32.

Services will be March 20 for William MacLaughlin Jr., who founded commercial development, brokerage and property management company MacLaughlin and Co. in 1965. He died Feb. 25 at 87.

MacLaughlin’s sons, who run the West Sacramento-based company today, said their father loved closing a deal and solving a problem along the way.

“He was a very Type A individual, who wanted to be busy all the time,” said Bill MacLaughlin, adding that his father was also devoted to his family. “Really, his…

The community space will focus on serving immigrants, women and low-income community members.

The judicial building, which stands alone at the southern end of the Georgia Capitol Complex, will house the Georgia Supreme Court and the state Court of Appeals.