Real Estate Blog
Better balance: King County home values up only 2 percent annually
Buyers who once had to look in outlying areas can now better afford to buy in King County.
Developer moves forward with 455 apartments in South San Francisco
The housing boom in downtown South San Francisco continues to expand with another 195 homes securing city approval.
Oakmont sells Pocket apartment property for $47 million
Oakmont Properties has sold another large Sacramento apartment property, apparently to the same buyer as a previous sale in the same area.
Report: Toll Brothers to invest in Scottsdale single-family rental company
The single-family rental business, which would be new for Toll Brothers, has attracted billions of dollars in investment as more people find homeownership out of reach.
With funding from Blackstone, first major apartment complex opens as part of Oakland’s Auto Row overhaul
The Martin Group along with investors Blackstone and CityView will begin leasing up a 423-unit apartment complex in Oakland in January.
Honolulu home prices rise 3% but sales drop by double digits
Home prices on Oahu rose by about 3 percent last month, compared to November of last year, but the number of single-family homes and condominiums sold fell by more than 10 percent, according to statistics from the Honolulu Board of Realtors.
The median price of a single-family home on Oahu in November was $797,000, an increase of 3 percent from November 2017. But the number of homes sold fell 13.3 percent to 288 houses, from 332 houses sold in November 2017.
The number of condominiums sold in November…
C-Suite Awards: Jim Knight
In 1990, Jim Knight became a professional baseball player for the Pittsburgh Pirates, participating in batting practice as an outfielder alongside Barry Bonds and Bobby Bonilla. But the North Carolina native’s career didn’t last long — he was cut by the Pirates after spring training that year.
“They said, ‘Go get a real job,’” he said.
So Knight returned to his hometown, where he became a baseball coach at University of North Carolina-Greensboro and graduated with a bachelor’s degree…
C-Suite Awards: Bjorn Hall
As general counsel, corporate secretary and chief operating officer of D.C.-based real estate investor Fundrise, Bjorn Hall has conquered new territory by successfully using online crowdfunding to raise funds for real estate.
Hall helped write some of the rules on the process, working with Fundrise and the Securities and Exchange Commission to create a legal framework to allow this form of investing. Hundreds of companies nationwide now follow that framework. But Fundrise wasn’t done — it shifted…
Department of Planning and [Not] Permitting
The Malama Mondays pilot program is one of several initiatives the department that acts as a gatekeeper for Oahu’s construction industry is taking to speed up Honolulu's glacial process of issuing permits.
3 people to watch in Austin’s real estate sector
This week, we look at two new leaders in residential real estate and a Dallas-backed commercial real estate executive on the prowl for local mixed-use deals.