Real Estate Blog
Dallas apartment rent rising slower than national average
Renters in Dallas ended 2018 paying an average of $31 more per month than they did at year-end 2017.
That reflects a 2.7 percent change, according to RentCafé.
Apartment rent in Dallas during 2018 grew to $1,182 from $1,151 the previous year.
The average puts Dallas at No. 12 for most expensive rent among RentCafé's top 20 “renter mega-hubs,” sandwiched between Charlotte, N.C., at No. 11, and Houston at No. 13.
Houston saw rents grow 1.7 percent year-over-year, or about $18, to an average…
KC startup moves into new Crossroads HQ
Homebase CEO Blake Miller shares what spurred the move and what’s in store for the startup moving forward.
SABOR’s house of cards sits on shaky foundation
The organization's former CEO's explosive letter alleges chaos and malfeasance and threatens to blow the roof of SABOR.
Hondros acquires real estate schools in Philadelphia and Tuscon
The Ohio-based company owns seven subsidiaries focused on educational training for the mortgage, insurance, real estate and appraisal industries.
New Jersey homebuilder buys Boca Raton mansion for $17M
Morris Flancbaum, president of New Jersey custom homebuilder Colt Neck Associates, and wife Susan Rizzuto paid $16.5 million for a mansion on the Intracoastal Waterway in Boca Raton.
Joseph H. Perez sold the 18,707-square-foot home at 250 N.E. Fifth Ave. The price equated to $882 a square foot.
The home last traded for $9.75 million in 2012.
It has seven bedrooms, eight bathrooms, two half-bathrooms, a pool, two docks, marble floors, and second-floor balconies facing the water.
The home was built…
She won HGTV’s Cincinnati dream home
Lois Anderson thought it was a good sign that the HGTV Urban Oasis Giveaway 2018 sweepstakes started on her birthday.
The Detroit grandmother of nine was right. Her name was drawn from more than 65 million entries to win the grand prize package valued at more than $750,000.
“No one needs to pinch me because I haven't stopped pinching myself,” Anderson, whose birthday is Oct. 1, said in a press release.
The giveaway includes a completely remodeled and furnished Dutch Colonial Revival-style…
Four Seasons condo sale sets Baltimore record for price per square foot
A Four Seasons Private Residences condo sold for just over $4 million last month to an undisclosed buyer, setting a new Baltimore City record — not for sale price — but for what the buyer paid for each square foot.
The 3,100-square-foot, sky-high condo fetched about $1,290 per square foot, according to Charlie Hatter, the co-owner of Monument Sotheby’s International Realty who brokered the deal on behalf of the buyer and developer. The price per square foot has never been seen among single…
Where is it better to rent versus buy in Georgia? We’ve done the math.
Here's a newsflash that might surprise: The U.S. housing market is far more favorable to buyers than it is to renters, at least when it comes to affordability.
The basis for that conclusion? The Business Journals analyzed median home values and rents in roughly 13,500 housing markets throughout the country, using a hypothetical buyer's scenario to determine a monthly mortgage payment for each neighborhood. In 81 percent of those markets, the cost to purchase was cheaper than it was to rent, based…
Phoenix housing growth expected to outpace nation in 2019, despite national homebuilding woes
Builder caution should help insulate the Valley from any housing slowdown, industry observers said.
Airbnb visitors deliver about $15M to hosts in KC area
Airbnb guests heading to the Kansas City area last year delivered almost $15 million for hosts on both sides of the state line.
In Kansas, 1,200 hosts statewide earned $7.6 million in supplemental income, with $2.2 million originating in Johnson County, where 24,000 guests stayed in 2018. Johnson County produced the most revenue and visits for the state. The average Kansas host earns about $3,600 annually, according to Airbnb.
Last year also marked the first year of a new tax agreement with…