Real Estate Blog

A historic Georgetown mansion will soon hit the market with an $18.75 million price tag, more than double what it last sold for.

Hollerith House, named after engineer and inventor Herman Hollerith who built the home in 1911, sits on 0.6 acres at 1617 29th St. NW. Hollerith invented the electromechanical punch card and a related tabulating machine that led him to found the Tabulating Machine Co., which was consolidated into the business that would eventually become IBM.

If it sells for anywhere…

Man-made lagoons are being built as amenities at residential and other projects across the nation and world, and a Dallas-based company with a patented process is leading the charge.

Crystal Lagoons last month opened its first Texas lagoon near Humble and expects the Lone Star State to be its No. 1 market soon, said Kevin Morgan, executive vice president of Crystal Lagoons U.S. Corp. The company has big long-term plans for the state and North Texas in particular.

The 2-acre lagoon near Humble,…

The Bel-Air estate once owned by actress Zsa Zsa Gabor and by Elvis Presley before her has been sold for a reported $20.8 million, below its listed price in July of $23.45 million, but nearly double its sale price of a year ago.

The property, featuring a 6,400-square-foot French Regency-style home, sold for $10.45 million last year, according to the Los Angeles Times.

The Times didn’t identify the buyer of the estate except to say that Dan Beder of Sotheby’s International Realty represented…

A Medina estate with the coveted Evergreen Point Road address is on the market for $21.5 million.

The owner, a tech executive who is moving to the East Coast for his work, wishes to remain anonymous.

Brokers Tere Foster and Moya Skillman of Team Foster at Compass have the listing. Foster says this Hamptons-style estate and its manse and guest house could well be right out of Architectural Digest.

Built in 2003 and last sold in 2014, it took two years to do an extensive remodel in artistic…

Real estate brokerage Redfin is measuring a sharp increase in the number of Denver-area residents searching for homes in other metros compared to the number of people in other cities looking for properties in metro Denver.

Redfin counted 3,007 more outbound searches on its portal than inbound searches for metro Denver. That’s the sixth highest net outbound count behind San Francisco, New York, Los Angeles, Washington, D.C., and Chicago, which are all much larger metros, according to its latest migration study.

Last year, property searches remained solidly in Denver’s favor, but that shifted in the first quarter, with more outbound than inbound searches. The gap was a small 309 in the first quarter, but it widened nearly tenfold in the second. That could spell trouble for those who count on migration to remain strong.

About 23 percent of all searches for homes originating in the Denver market in the second quarter were for homes in another metro area. Of those looking to move away, o..

A new facility is coming to south metro Denver where the use of data-collecting “internet of things” technology will be explored and tested as means to make urban services and infrastructure work better for residents.

Officials with Arrow Electronics took the stage at the inaugural Colorado Smart Cities Symposium in Denver on Tuesday to announce plans to open what it is calling the “Colorado Open Lab” next year. Working with the 19 Colorado municipalities and agencies that, along with a collection of private businesses, universities and research institutions, make up the Colorado Smart Cities Alliance, Arrow intends to use the forthcoming lab as a place to showcase ideas such a data-driven smart street lighting, smart parking and connected, automated vehicles.

Aiden Mitchell, Arrow’s vice president of IoT Global Solutions , described the lab as “a technology innovation center” that will allow for the development, testing, evaluation and “integration of technology that is meeting some..

The old real estate saying “drive until you qualify” has always cut both ways.

Sure, housing typically gets less expensive the farther away from a metro area’s job centers or outside its hip and benefit-rich neighborhoods a would-be homebuyer is willing to look, but what one saves on a mortgage, one shells out in other ways.

Housing market mega-site Zillow published a report in July examining home prices relative to commute times in the nation’s 33 largest metro areas. In it, data scientist Sam Henly wrote, “Over a 30-year career, shaving 15 minutes each way from the two-a-day, five-times-a-week routine is equivalent to giving ourselves back five months of our lives.”

But budgets are budgets, and for people looking to get the most out of what they have scrounged for a down payment, a look at the big geographical picture isn’t just wise, it’s necessary. The Zillow report provides an index of median home values in the Denver area ZIP codes and compares them to the time it takes to dri..

Architectural and design plans by Adache Group Architects provide a hint at what the city could expect to see built at 500 E. Bay St., where the Berkman Plaza II has stood half-built for more than a decade.

Public input wanted on the future of the convention center.

George Rubelsky will lead the new project management practice group at Avison Young’s Phoenix office.

He was named senior project manager for the team and will be tasked with leading and growing the group. Rubelsky most recently served as project manager with Sun State Builders.

“I am excited to have the opportunity to join Avison Young, which has a national and international platform as well as an established brokerage-services and property-management presence in Phoenix,” Rubelsky said…