Real Estate Blog

This week’s on the market takes a look at some of the most expensive homes currently for sale in Des Peres.

1753 Folkstone Dr. — $1.5 million: This newly built home has five bedrooms, four full bathrooms and one half bathroom. It spans more than 4,000 square feet and includes a three-car garage and deck. The home’s walkout basement includes a wet bar, bedroom, bathroom, recreation room and workout room.

2515 Greenbriar Ridge Dr. — $1.4 million: This 1.5-story home has five bedrooms and…

With Plano’s bustling business, entertainment and residential real estate markets, it can be hard to find a home in a quiet neighborhood.

But a $6.75 million estate that just hit the market offers a buyer the best of both worlds: a tucked-away luxury retreat with access to Plano schools, employment hubs and other amenities.

Located at 3625 Ranchero Road, the 13,657-square-foot home encompasses six bedrooms, seven full bathrooms and three half bathrooms.

When walking inside, guests enter a…

Local multifamily investment firm Internacional Realty bought the 208-unit Sunrise Canyon Apartment Homes in Universal City from Lowe Enterprises Inc., a Los Angeles-based real estate development and investment company.

While the purchase price was not disclosed, the 8.2-acre complex was last assessed by the Bexar County Appraisal District at about $19.4 million. JLL Capital Markets Managing Director Mark Brandenburg led the efforts to secure financing for the acquisition, and Freddie Mac provided…

Houstonians now need an annual salary of at least $53,000 — up 12 percent from 2017 — to buy a single-family home in greater Houston, according to data from a local Keller Williams Memorial Realtor.

Paige Martin and her team calculated the average annual salary needed to purchase a home in 55 Houston-area neighborhoods based on midyear 2018 median housing pricing data and assuming a 28 percent monthly principal, interest, taxes and insurance cost, which included a 20 percent down payment.

She…

In the competitive world of economic development, it just doesn’t get any more competitive than Jerry Gordon and the Fairfax County Economic Development Authority.

Good for them. Not always good for us.

Gordon, who said he will step down at the end of this year after a remarkable 31-year run leading the authority, did amazing things for Fairfax County. There’s no question that if you had the choice of having him on your team or on the other team, you’d pick the first choice.

In my 20-plus…

Each week on page 3 of our weekly edition we round up some of the quirkier news, talk and speculation running through the Austin business scene in a feature we call Capital Gains. This week, we check out the best-performing local stock since the recession, a super sweet deal and a perhaps overly optimistic mayor.

City staff recommend that four sites, including one on Justin Lane and another site that was a Home Depot, are nearly ready to go through competitive processes for redevelopment. But other city-owned facilities and parcels aren't out of the picture. With a worsening affordability crisis and a hot real estate market, the struggle for McKalla Place's fate was just the beginning.

The oceanfront Hawaii estate belonging to the late Jim Nabors, known best for playing Gomer Pyle on “The Andy Griffith Show” and “Gomer Pyle: USMC” in the 1960s, is on the market for $14.88 million.

The 5,877-square-foot house at 215 Kulamanu Place in Honolulu sits on a 25,059-square-foot lot east of Diamond Head and about three parcels from the Shangri La, the five-acre estate that once belonged to heiress Doris Duke and is now a museum of Islamic art.

The Nabors house has five bedrooms…

One of the basic laws of the physical universe that for every action, there is an equal and opposite reaction. It generally applies to the political universe, too.

Housing advocates like YIMBYs have raised their profile and stepped up their game in the last couple years, backing candidates and supporting legislation that aim to reverse California’s decades of failure in producing housing sufficient to accommodate its growth.

Their few nascent successes have generated an equal and opposite reaction…

Rent control advocates sent a warning message to Sacramento city leaders Thursday, filing signatures to put the concept before voters in 2020.