Real Estate Blog

The property, originally built in the early 1900s, is home to more than 50 companies, including Fran's Chocolates, REI and Elysian Brewing Co.

A six-bedroom, two-acre blufftop estate on Morris Island in Chatham, Massachusetts, has sold for $14.75 million, marking the most expensive home sale on Cape Cod in the past five years.

Robert Paul Properties first listed the estate on Oct. 30 for $14.75 million. It had previously been listed by Christie’s International Real Estate for $25 million.

Robert Paul Properties and Kinlin Grover Real Estate declined to name the estate’s buyer. A Barnstable County deed indicates TR 97 Nominee Trust…

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…

A new report found Houston had the fourth-slowest apartment rent growth among large cities in 2018. The nation’s fourth-largest city saw rents grow 1.7 percent year-over-year, or about $18, to an average rent of $1,093 per month, according to the national apartment research site RentCafe’s year-end report that compared 2017 year-end data to 2018 findings.

Nationwide, apartment rent grew about $42, or 3.1 percent, to $1,419, the report found. Other major cities such as Los Angeles saw rents…

Bob Marini has an agreement to buy out the remaining lots at the Village at Shaker Creek and build two-story townhouses that will sell in the $400,000 range.

The pace of the Columbus region's growth may surprise those who haven't been paying attention as Ohio's capital became the most-dynamic city in the Midwest outside of Chicago.

MORPC in December updated its population estimates for Central Ohio, concluding the 15-county region added 43,000 people in 2018 alone. The region is now projected to grow from 2.4 million people to 3 million by 2050, with that growth centered much more strongly in Franklin County than years past.

Migration and jobs have…

A wave of California residents recently has been moving out of the state. To see what is driving that trend, look no further than the price of housing; the Golden State dominates a list of U.S. neighborhoods with the most expensive home values.

Of the top 20 ZIP codes with the highest median home value in the U.S., 15 are located in California. The Bay Area city of Atherton, ZIP code 94027, topped the list with a median home value of $6.8 million, according to research compiled by Zillow Group.…

It pays to be an Airbnb host in Greater Philadelphia. Local residents who opened up their homes to travelers in the five-county region this year made more than $62 million in additional income.

Airbnb hosts in Bucks, Chester, Delaware, Montgomery and Philadelphia counties earned a collective $62.8 million in supplemental income in 2018, according to new data from the San Francisco-based home-share company.

That means the five-county region accounts for more than half of the $122 million in additional…

The question of whether it's a better deal to rent or buy has a solid answer in the Sacramento area: rent. In the vast majority of neighborhoods, it's cheaper.

Of 90 neighborhoods in Sacramento, Placer, Yolo and El Dorado counties, 68 were more affordable for renters. Some by as narrow a margin as $20 per month, but in most cases, by hundreds, if not over $1,000 per month.

The ZIP code with the highest savings is 96141 in Homewood on the shore of Lake Tahoe, where the average rent is $1,327 cheaper…

A new report from Dodge Data & Analytics shows Orlando-area construction companies pulled permits valued at $136.76 million in November, an 80 percent decrease compared to $673.14 million in November 2017 value for commercial projects in Orange, Seminole, Osceola and Lake counties.

Area homebuilders fared better in November, pulling permits valued at $421.18 million compared with $399.88 million in the year-ago period, an increase of 5 percent. Together, commercial and residential construction…