Real Estate Blog
PHOTOS: NC mansion sells for less than half the asking price at auction
The saltwater swimming pool and 9,000-square-foot interior of a Cisco executive’s Chapel Hill mansion weren’t enough to convince bidders to get anywhere close to the home’s initial listing price at an auction last month.
Louisville officials propose changes to short-term rental ordinance
Officials with Louisville Metro Government's Develop Louisville department, Metro Council District 8 and Louisville Tourism have partnered to propose changes to the city's short-term rental ordinance.
The proposals come in response to the growing popularity of rentals through platforms such as Airbnb and VRBO and are meant to better integrate them into the city's neighborhoods, according to a news release.
“Short-term rentals are good for our city, but these changes are needed to upstream and toughen…
These were the most expensive home sales in Jefferson County in July (PHOTOS)
Home sales remained strong in Louisville last month, and the market is still tight.
Research by Realtor.com shows that the median list price in the Louisville market was up 9 percent in July, at $250,000, compared to the same period last year. The average time on the market for a home fell 7 percent to 43 days, and the number of active listings fell 8 percent, to 4,490.
You can see last month's 25 most expensive home sales in Jefferson County in the attached slideshow. Five of the homes sold for…
Ahead of make-or-break vote, here are the changes being considered to Austin’s MLS stadium deal
Austin City Council members offered more than two dozen amendments to a soccer stadium agreement in North Austin, ranging from rent hikes to youth soccer commitments, transit spending to LEED certification. Some were described as “poison pills” intended to sink the deal.
EXCLUSIVE: Former Terrace Plaza has a new owner, and it isn’t Anderson Birkla
The former Terrace Plaza Hotel has a new owner, and it isn’t the developer who a year ago unveiled a bold plan to transform the building.
UC lawsuit alleges UCSF employee steered building deals to contractor
A high-level UCSF employee who helped map out university building projects and awarded contracts was paid by a Berkeley contractor to steer work toward the company, the University of California alleged in a lawsuit filed late Friday.
The civil suit in Alameda County Superior Court claims that Juan Martin, who was a fire marshal and deputy building inspector for the University of California, San Francisco, was paid an unspecified amount of money by ISI Inspection Services Inc. and his family was…
Fast-growing Denver contractor talks growth in the wake of ‘eye-opening’ fire
Vertix’s three priorities are people, trade partners and owners.
Sleeping and high-tech? Sleep Number mixes it up in Manhattan (photos)
Sleep Number Corp. is opening one of its new concept mattress stores in Manhattan this week.
Minneapolis-based Sleep Number (Nasdaq: SNBR) said the new location, in a historic building at 136 Fifth Ave. in the city's Flatiron District, contains a few more technological innovations than your typical mattress store.
It's one of dozens of new stores the company is opening nationwide to boost its profile as new competition presses into the mattress market.
The company also is going to spotlight…
Lane4 has no interest in Metcalf South Sears, leaving property searching for a future
Nearly a year after closing, the former Sears and Sears Auto Center in Overland Park at 9701 Metcalf Ave. remain on the market for lease.
Sears once anchored the now-defunct Metcalf South shopping center, which was mostly demolished and is being redeveloped by Columbia-based The Kroenke Group and Kansas City-based Lane4 Property Group. In an emailed statement, Lane4 confirmed that it is “not currently pursuing the former Sears building in any way” and has “no plan to obtain the neighboring property.”…
Brasfield & Gorrie acquires another Lakeview property
The construction giant is currently the largest private company and is looking to expand its headquarters in the Lakeview neighborhood of Birmingham.