Real Estate Blog
Seguin clears the way for thousands of new homes
The city of Seguin recently approved its third voluntary annexation in the past six months, making way for more than 1,800 new single-family homes.
In all three cases, the annexed land was located in the city’s extraterritorial jurisdiction and requests for annexation were made by the property owners, who all plan to develop the land into residential subdivisions. The three tracts are located to the west and north of downtown Seguin.
The first, called the Cordova Tract, is an 19-acre parcel…
Here’s how Orlando project values fared in May
A new report from Dodge Data & Analytics shows Orlando-area construction companies pulled permits valued at $127.9 million in May, an increase of 4% compared to $122.8 million in May 2017 value for commercial projects in Orange, Seminole, Osceola and Lake counties.
Area homebuilders also fared better in May, pulling permits valued at $598.5 million compared with $561.1 million in the year-ago period, an increase of 7%. Together, commercial and residential construction accounted for $726.5 million…
New affordable housing apartments coming to EaDo
The project will be close to public transportation.
San Antonio a top-10 city for housing confidence, survey says
San Antonio is ranked No. 10 among U.S. cities for single-family housing confidence, according to a new survey released by Chase, the consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM).
The survey measures and tracks key dimensions of consumer confidence in the U.S. housing market by asking more than 15,500 households to rank multiple aspects of their local market from zero to 100, with 100 being the best.
The survey found that 84 percent of respondents in San Antonio…
Top Phoenix custom home builders bring in $165.8 million during 2017
Business is picking up for the custom home builders of the Phoenix area, and the value of the homes they completed in 2017 shows that.
According to the Phoenix Business Journal’s 2018 Custom Home Builders list, published today in both print and online editions, the five largest builders combined to close on $165.8 million in luxury homes during 2017. Last year’s list, covering 2016 building, showed a total of $148.9 million for the five largest builders.
Two builders hit the $40 million plateau…
Cover story: Luxury custom home market thriving in rebounding economy
Digging for gold in luxury custom homes
Georgia’s newest top-priced home hits the market at $25M (Photos)
The highest-priced home listing in Atlanta — and the state of Georgia — just hit the market at $25 million. And it may be familiar.
The 17-acre estate with a nearly 35,000-square-foot home at 4110 Paces Ferry Road in Atlanta was once owned by media mogul Tyler Perry. He sold it for a then-record $17.5 million in late April 2016.
The current owner, international businessman and televangelist David Turner, is selling the Buckhead property because his work through David Turner International Ministries…
Prop 13, rent control proposals make their way to California ballot
The shape of California's November ballot firmed up Thursday as two proposals with implications for the state's housing crisis — one that would modify the 40-year-old Proposition 13 and the other to repeal a 23-year-old measure that limited rent control — were cleared to go before voters.
The two proposals add to a crowded slate of issues that California voters will be asked to decide, including a move pushed by venture capitalist Tim Draper to split the state into three and another to repeal…
Top of the Market: East Memphis home sells for $1 million
Memphis proper dominated this week's top home sales roundup, taking all five spots.
A five-bedroom home on Waymar Drive in ZIP 38117 led the way, selling for $1 million. The house, which has four-and-a-half bathrooms, is 5,800 square feet. To see inside the 2014 home, click through the slideshow above, courtesy of Realtor.com.
A 2008 home in ZIP 38120 took the No. 2 spot, selling for $850,000. Located on Shady Park Lane, the 4,200-square-foot house has five bedrooms and six-and-a-half bathrooms.…
Denver looking to launch public-private partnership office, with City Council funding the next hurdle
After paying an outside consultant nearly $1 million and spending months wrangling with the City Council about oversight, Denver city officials are ready to roll out their vision for an internal office dedicated to public-private partnerships.
But it will be up to council members whether to fund the effort.
City officials say the proposed “performance-based infrastructure,” or PBI, program draws on best practices from around the world for how best to employ partnerships to get major infrastructure projects built and tend to their long-term upkeep, while the private-sector partners share in project benefits and risks.
The practice, gaining traction with cities and government agencies across the U.S. including the Colorado Department of Transportation, is viewed in the mayor’s office as especially important at a time when Denver is growing and federal investment in infrastructure is waning.
City government’s first foray into partnership deals was a big one: Denver International Airpo..