Real Estate Blog

Lower Merion School District has voted to condemn two properties in Villanova – a 10.4-acre parcel at 1835 County Line Road and three acres at 1800 W. Montgomery Ave. – and spend a total of $12.92 million on acquiring them.

The school district said it was exercising its right of eminent domain to acquire the two properties for the construction of future athletic fields and in a move to thwart Villanova University from buying them. The owners of the two properties had been in negotiations with…

JPMorgan Chase & Co. CEO Jamie Dimon was in Boston last week to celebrate the opening of the megabank’s first retail branch in Massachusetts. While there, he was asked to identify markets Chase was targeting following moves earlier this year into Washington, D.C., Philadelphia and Boston.

“Get a list of the top 50 — 75 — (cities) in America, look at ones we’re not in, and assume one day we’ll be in all of them,” Dimon said. “I’m saying … get that list. You’ll see that of the…

Bluejack National, a resort-style residential community surrounding a golf course designed by Tiger Woods, ranked first among Texas residential golf courses on national magazine Golfweek’s annual list of the top 200 courses in the country.

It ranked eighth nationally, after courses in North Carolina, Oklahoma, Arizona and Colorado. Bluejack National is 50 miles north of downtown Houston. Membership initiation fees will be $95,000 in 2019 with dues of $1,000 per month for equity memberships.

Out…

Kansas City is the seventh most popular city in the U.S. for millennials to buy a home, according to a new ranking by LendingTree.com.

LendingTree (Nasdaq: TREE) analyzed purchase mortgage requests from its website between Jan. 1 and Nov. 25. Anyone who made a request and is younger than 35 was considered a millennial for the ranking.

In Kansas City, 45 percent of the mortgage requests came from millennials, according to LendingTree. Of the those requests, the average requester was 28 years…

Trammell Crow Residential has purchased more than an acre tract in Uptown and has plans to bring a new luxury residential tower to the area, according to a report from the Dallas Morning News.

The development company bought land on Oak Grove Avenue between Hall Street and Lemmon Avenue where a cluster of small office buildings currently sit. The land was purchased from three different property owners, the report said.

Trammell Crow Residential plans to build a 13-story luxury apartment tower…

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…

Consider them the places we'd love to own — or at least visit.

The properties featured here are among the multimillion-dollar and historic real estate sites that drew attention across the past 12 months.

Some of the deals, and the properties, have celebrity connections, with the likes of Oprah Winfrey, Tyler Perry, Eddie Murphy and Selena Gomez associated with the real estate. Current and former athletes were among this year's buyers and sellers, as well, as were business leaders with ties to…

A 324-unit mostly affordable rental project on Maui wrapped up its entitlement phase last week and is moving forward with design work, with construction starting as early as a year from now.

The $98 million project planned for a 14.4-acre site in Wailuku received approval from the Hawaii Housing Finance Development Corp. to build under the state’s 201H affordable housing statute on Nov. 18 and received its district boundary amendment last week, said Linda Schatz of the Schatz Collaborative, which…

What a banner year it has been for Patti Payne’s Cool Pads — from houseboats to yachts, from tiny homes to mountain lodges, from tree-houses to sky-high condos, from mountains to Sound.

So many of you ask which is my favorite? That’s like asking which my favorite child — I love them all for various reasons and that’s why I select them to share with you. Here are 10 real showstoppers from 2018:

My first pick has to be in the San Juan islands, when in April, Oprah swooped in, and through…

The project is only one of a few in the Bay Area to use SB 35. Affirmed was drawn to the location because it sits steps from a transit stop and in the midst of one of San Jose’s planned urban villages.