Real Estate Blog

New home sales dropped in September, though the figure was still above the recession numbers of a decade earlier. Here are other notable points from a new report from the North State Building Industry Association.

1. In September, the Sacramento region, including Yuba and Sutter counties, had 312 new home sales across 154 subdivisions. As with home sales in general, the number usually drops as summer turns to fall: 396 new homes sold in August.

2. The figure was down from last year, when 332 homes…

There is a persistent, agreed upon fiction that San Francisco can house its homeless by itself.

To address this delusion, an honest reckoning is needed. For years all our mayors and staff have competently and diligently addressed this as their top priority, yet we remain exactly where we were over 20 years ago when Mayor Willie Brown committed truth by saying that it was an intractable problem. He could not solve it. We had about 7,000 homeless then, and we still do.

There are no villains in this…

If you’re a renter in the Bay Area, the prospect of becoming an owner may be dwindling.

Real estate information site Zillow found that rents are moderating in the Bay Area with a 0.6 percent year-over-year drop to a median of $3,399 in San Francisco and a 0.9 percent drop to $3,499 in San Jose.

Across the country, rents fell for the first in six years by about 0.2 percent, Zillow found. That may seem miniscule, but the change indicates that the rental market is starting to soften after years…

California is the nation’s richest state. It is also by most measures among its most unequal.

This pernicious overlay of inequality onto wealth takes many forms. In the Bay Area it is increasingly generational and tied to home ownership. Those who had the good fortune to buy a home many years ago have had much greater opportunities to build wealth than those who have followed. Prop. 13 has served to entrench their generational privilege, while several add-ons allow it to be passed on to future…

Colony Park could have more than 3,000 homes and nearly 1 million square feet of retail space on 208 acres. The same company responsible for the Mueller development is in line to win the assignment.

WHAT: 1133 14th Street #4450. Three-bedroom, four-bathroom, two-floor penthouse atop the Four Seasons Hotel in downtown Denver.

LOCATION: The eastern edge of the 44th and 45th floors of the building, neighboring the 16th Street Mall and Larimer Square.

PRICE: $10.75 million

SIZE: 6,295 square feet

Built in 2010, what makes it a modern architectural gem?

“So many things,” said Stan Kniss, managing broker and partner of Slate Real Estate Advisors. “To begin with, the owner remodeled the entire place about 18 months ago. Put $2 million into the remodel. Technology is a big component to that. For example: Automated shades and sound.”

The pad also features hidden TVs that appear with the push of a button and complete climate control, “which tracks humidity in the room if you have art you need to be mindful of,” Kniss said. “It’s quite remarkable.”

Views from its massive windows encompass city and mountain. The “city” view overlooks all of downtown’s high rises and professional sports..

Jeremy Papasso, Daily CameraBoulder City Council scheduled a Tuesday emergency vote on a measure that will either temporarily outlaw large homes or make them more expensive to build.The Boulder City Council did not pursue an emergency ban on so-called “McMansions” on Tuesday night after an outpouring of comments from homeowners and builders frustrated over the rushed public process.

The issue has been on council’s agenda since the start of the year. Members have expressed concern that smaller houses are being demolished and replaced with bigger, more expensive homes. Proposals were discussed at a September study session, but Tuesday’s vote was a last-minute move.

Twenty-two people showed up to speak before the hastily scheduled vote. All but a handful opposed the proposed moratorium, which would temporarily stop the permitting of homes larger than 3,500 square feet on lots of 10,000 square feet or more.

Related Articles

CU Boulder student “still in a fight for his life” after fa..

Retailers that begin online are increasingly moving into physical spaces, and it's a “clicks to bricks” trend that's expected to take off over the next five years.

From heated floors to eucalyptus-wood cabinets, “we wanted to show what can be done with good design, good finishes and good materials,” Giarratana said.

New multifamily projects are catering to the demand generated by massive nearby companies.