Real Estate Blog
Top of the Market: Strong week for Collierville, Memphis outside the loop
In the midst of real estate's slow season, Memphis' high-end home market was relatively down the first week of the new year. The week's top five houses sold for less than $4 million combined.
The week's top home pictured above, sold for almost $1.1 million. Located on South Galloway Drive in East Memphis' ZIP 38111, the 1929 mansion has six bedrooms and six bathrooms in 8,500 square feet.
The No. 2 home, which sold for almost $870,000, is located on East Angelwood Circle in East Memphis' ZIP 38120.…
Amazon could pay nearly $1M for Seattle’s new waterfront – and here’s what other property owners will owe
Downtown property owners — from condo owners to Nordstrom — would pay a total of $160 million of the project's $712 million price tag.
Gov. Newsom looks to boost California’s housing supply — and cut state funding cities not approving enough
Newly minted California Gov. Gavin Newsom outlined the contours of how the state will make an effort to correct a severe housing deficit. As part of his introduction of a 2019-20 state budget proposal, Newsom listed several policy and funding commitments to boost the state’s housing supply — and punish those cities not keeping up.
“The poverty rate in California — the reason it's the highest in the country is cost of living,” Newsom said in his presentation of the proposed $209 billion state…
PATH Foundation co-founder, Cousins to be honored at 20th annual Best in Atlanta Real Estate Awards
The co-founder and executive director of the PATH Foundation and Cousins Properties are among the honorees at this year’s Best in Atlanta Real Estate Awards.
Atlanta Business Chronicle will present the 20th annual awards Feb. 28 at American Spirit Works in Atlanta. Read more about the event here.
PATH Executive Director Ed McBrayer is being honored with the Visionary Award for advocating, raising funds and catalyzing development of a series of interconnected paths and trails throughout metro…
Real Estate Notebook: Institutional investors go on Buckhead shopping spree
The 19-story Prominence tower at Piedmont and Lenox went to New York Life for $166 million, according to Fulton County property records.
Homebuilder to develop hundreds of lots in Huntersville
A homebuilder active in the Charlotte market will develop hundreds of lots in Huntersville after recently closing on a land sale.
Meritage Corp. (NYSE: MTH) acquired 64.3 acres of land at Old Statesville and Hambright roads for $5.4 million, according to Mecklenburg County real estate records. Meritage Homes will develop 236 single-family homes there, with houses ranging from 1,800 to 3,000 square feet and price points starting in the mid-$200,000 range. The site is behind J.M. Alexander Middle…
Alabama company buys $50M-plus apartment complex on Huebner
The property was last assessed for $54.1 million by the Bexar County Appraisal District.
Local realtors association names new CEO
The Memphis Area Association of Realtors (MAAR) named its new CEO Friday.
Katie Shotts will be moving back to Memphis from Hernando County, Florida, for the job. She is currently the CEO of that county's realtor association.
Before moving to Florida, Shotts spent seven years on staff at MAAR, as communications director and director of the commercial council.
“We couldn’t be happier that Katie Shotts has agreed to return to MAAR and Memphis as our CEO,” said new MAAR president Lee McWaters…
First look: Luxury condos to rise on former home of graffiti park
The condos will come with high-end touches such as private outdoor living spaces and a rooftop pool with enviable views of the skyline. But the development will also pay homage to the closed graffiti park, which is moving to a ranch near the airport.
Lennar pays $4.5 million for chunk of land in Dayton development
Lennar Corp. paid $4.5 million for about 17 acres of land in Dayton.