Real Estate Blog
(Gallery) Auction delayed for Cisco exec’s Chapel Hill mansion
The auction of a Cisco executive’s Chapel Hill mansion has been delayed.
The home of Cisco's Research Triangle Park site lead, Ed Paradise, will go back on the market July 18, this time for just a single day.
The delay comes after Concierge Auctions says it wants to find more potential buyers to participate in the auction and has seen a last-minute uptick in interest from markets in Asia.
The house had a “handful” of people register to participate in the auction before the previous July…
The Jills and Angle top brokers by sales in South Florida, report says
South Florida has six of the nation’s top 50 residential brokers by 2017 sales volume, according to the 2018 REAL Trends “The Thousand” report published in the Wall Street Journal.
The annual report is completed by surveying over 12,000 agents around the nation. It measures both individual brokers and teams.
The Coldwell Banker team of the Jills led Florida in sales volume for the 6th consecutive year and were the only South Florida team to rank in the Top 50 nationally.
“Only a small…
$925M bond package to go before Austin voters, with $250M set aside for affordable housing
Austin voters will weigh in this November on a $925 million bond package.
Austin City Council voted 8-3 late Thursday night to put the measure on the ballot this election day, according to multiple media reports.
The largest pool, $250 million, is earmarked for affordable housing — which would be the largest affordable housing bond ever, the Austin American-Statesman notes.
Other types of funding in the bond:
• $184 million for flood mitigation and open space
• $160 million for transportation
•…
Uniland plans $65 million Gates Circle townhouse project
A dozen townhouses proposed for the site of the former Park Lane restaurant.
Photos: Houston restaurateur Johnny Carrabba to list Memorial-area home for $19M
Local restaurateur Johnny Carrabba, co-founder of Carrabba’s Italian Grill, is looking to sell his Memorial Villages home.
Walter Bering with Martha Turner Sotheby’s International Realty confirmed that he will soon list the Carrabbas' mansion at 526 W. Friar Tuck for $18.95 million. According to the Houston County Appraisal District, two single-family residences sit on the 1.6-acre property: a 12,856-square-foot home built in 2006 and a 980-square-foot residence built in 2008.
Click through…
Velocity startup earns key approval to launch in Alabama
SimpleShowing, a 2018 Velocity graduate, now has a license to operate in Alabama
Slideshow: Million-dollar home a Kansas tropical paradise
If you're looking for a tropical paradise in Goddard, you might want to check out an auction scheduled for next month.
The family of the late Al and Laura Bost will auction off the couple's home near Lake Waltanna in Goddard on July 28 at the 8-acre estate. Built in 1991 — with a major addition at the turn of the century — the home looks like something out of a Hollywood movie.
Photos of the property are available in the slideshow attached to this blog.
It features five bedrooms, including…
PHOTOS: Auction delayed for Cisco exec’s NC mansion
The auction of a Cisco executive’s Chapel Hill mansion has been delayed.
The home of Cisco's Research Triangle Park site lead, Ed Paradise, will go back on the market July 18, this time for just a single day.
The delay comes after Concierge Auctions says it wants to find more potential buyers to participate in the auction and has seen a last-minute uptick in interest from markets in Asia.
The house had a “handful” of people register to participate in the auction before the previous June…
Aurora wraps up transformation of 1970s-era affordable housing project with completion of Village at Westerly Creek
The revamp of an aging public housing project in Aurora into new affordable housing units will wrap up next week after a decadelong rebuilding effort, with residents moving into the final phase of Village at Westerly Creek starting Monday.
The Aurora Housing Authority is offering 24 units for seniors and 50 for families as part of the third phase of the Village at Westerly Creek, which replaces the 1970s-era Buckingham Gardens housing project. All of the units will be priced for those with incomes below 60 percent of the area median income.
The entire 11-acre project, which cost $51 million to build, features 194 affordable rental units for low- and moderate-income individuals. Buckingham Gardens, built in 1979, became obsolete due to its exterior stairwells and lack of elevators and fire sprinklers.
Related ArticlesJune 28, 2018
The Spot newsletter: What happened during Colorado’s primary elections, a new Aurora mayor, train horn news, more drilling on public lands? and more
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No-money down mortgages make a comeback in Colorado
The Credit Union of Colorado has revived a loan product that disappeared following the housing crash a decade ago — the zero-down conventional mortgage.
Reaction to its return will likely range from first-time homebuyers wondering what took so long to survivors of the foreclosure crisis asking why did they awaken a financial beast better left for dead.
“We are looking for a way for individuals to get into the market right away rather than having to save up a down payment while the prices are going up,” said Doug Schneider, vice president of marketing at the credit union, which got its start serving state employees.
Metro Denver home prices were rising 8.6 percent in April from a year earlier. And while that’s below the pace of prior years, only a few areas can beat Denver when it comes to home price appreciation the past five years.
Many first-time buyers, struggling with heavy student loan debt and escalating home prices, have found themselves always one-step behind when it comes ..