Real Estate Blog
Is California facing a tax exodus? Thanks to Trump’s tax law, more may start to flee
Recent changes that might increase federal tax bills for entrepreneurs and executives could turn the trickle out of California into a wave.
Downtown Austin rents most expensive in Southwest
Downtown apartment landlords have some huge bragging rights. The 78701 ZIP code ranked in a new report as the most expensive place to rent in the Southwest. Check out these head-turning numbers — and remember they're still not anywhere near so-called top-tier cities.
Bellevue passes Seattle as the Northwest’s priciest apartment market
New apartment openings are projected to drop nearly 40 percent in the city of Seattle, but the number of planned rental units is skyrocketing in Redmond.
Houston multifamily investor plans to reach $1B in revenue in 5 years
“We don’t look at ourselves as just a real estate company.”
These are the easiest places in Colorado to sell a home
According to a recent study by SmartAsset, the top 10 easiest places to sell a home in Colorado are almost all in the Denver metro area.
To compile its ranking, SmartAsset looked at four factors: housing market stability, affordability, fluidity and risk of loss.
Stability was determined by measuring the number of years owners stay in their homes and the percentage of owners with negative equity. Risk was determined using the percentage of homes in a city that have decreased in value. Market fluidity…
OliverMcMillan doubles affordable time for Waikiki rental project
The Lilia Waikiki project is planned to have a total of 455 units, which includes 402 units in the mixed-used tower on 1.6 acres bounded by Walina Street, Kuhio Avenue and Kanekapolei Street.
Median rent for 2BR apartments in Honolulu drops 8%
Rents in Honolulu have declined over the past year by between 1 percent and 8 percent, respectively, according to two September market reports by Apartment List and Zumper.
Apartment List said rents for both one-bedroom and two-bedroom apartments in Honolulu declined by 2.2 percent over the last year, with the median rent for a two-bedroom unit declining to $2,070 and the median rent for a one-bedroom unit declining to $1,560.
But Zumper reports a much steeper drop in the median rent for a two-bedroom…
Mayor, council members release dueling proposals on rent stabilization
Ahead of a much anticipated city council hearing on rent stabilization, members of the Sacramento City Council released differing proposals for addressing the issue.
Three city councilmembers introduced a package including 18-month leases and mediation between renters and landlords, while Mayor Darrell Steinberg called for capping rent increases to 5 percent annually for three years.
In a blog post on Tuesday, Steinberg said he’d also favor a proposal raised by business leaders to limit 1,000…
New lawsuit targets Phil Knight, Nike board over ‘boys’ club’ culture
A second sweeping lawsuit has been filed against Nike Inc. in the wake of reports about a “boys' club” culture at the sportswear company.
This time, the lawsuit was filed on behalf of the company's shareholders, not former employees. It targets Nike's board of directors and co-founder Phil Knight. Knight stepped down from the board in 2016 but remains an emeritus director.
The lawsuit also names departed Nike Brand President Trevor Edwards as a defendant along with CEO Mark Parker.
Four law…
Top of the List: Sacramento area’s largest private construction projects
We've listed the Sacramento area's largest private construction projects, ranked by construction cost.
See the top five entries on The List with the slideshow that accompanies this article. Subscribers can view the full version of The List, which includes the construction cost for those five projects and more.
Projects on this list are located in Sacramento, El Dorado, Placer or Yolo counties. Some projects may not be included because information was not provided by the owner/developer of the project…