Real Estate Blog
Twin Cities home sales fall again as inventory dives in April
Home sales fell again in April as inventory remains low, according to the latest Minneapolis Area Association of Realtors report.
The number of homes for sale was 25.1 percent lower last month when compared with April of last year, with 8,958 properties available. David Arbit, director of research and economics for the association, said that's the lowest inventory of any April it has seen since at least 2003.
And a smaller market means fewer sales; closed sales dropped 5.2 percent year-over-year.
“We've…
These communities have the most new home starts in Houston
Riverstone was the most popular community for new home starts between April 1, 2017, and March 31, 2018.
Birmingham residential sales rise, inventory decreases
The Birmingham metro residential market saw an increase in sales last month, according to a recent report.
Alabama Center for Real Estate data shows there were 1,513 residential sales in April, which represents a 7.1 percent increase over March and an 18.4 percent increase over April 2017.
The average sales price also increased, up 5.1 percent in April from the previous month to $241,269.
However, the data also shows that the persistent supply problem continues in the Magic City.
The total units…
$114M downtown redevelopment calls for ‘upper upscale’ hotel, apartments, office
MFH Properties LLC is seeking incentives to help with its conversion of the historic 15-story former Kansas City Club into an “upper upscale” hotel, conversion of the old Hotel Muehlebach building into apartments, and construction of a four-story office building with garage.
SABOR’s next CEO big on community outreach
Shane Johnson comes to San Antonio with a extensive résumé of real estate experience and local and national accolades.
Developers of 1717 S St. project seek financing
With funding uncertain, a mixed-use project in midtown Sacramento may not begin construction until next spring at the soonest.
EXCLUSIVE: This home builder is investing $85M to develop 1,000 homes in Surprise
This homebuilder is coming back to the West Valley with a land purchase.
Traditions to build $60 million mixed-use development in Montgomery: SLIDESHOW
Traditions Building & Development Group plans to build about 100 luxury residences as part of a mixed-use development on one of the last parcels of Vintage Club in Montgomery.
Denver oilman’s historic 19,000-square-foot family estate heads to auction (PHOTOS)
The sprawling Lakewood estate built in 1932 for Denver oilman Vernon “Moose” Taylor and his wife Ann is heading to auction.
The 19,373-square-foot European-manor-style home, with 11 bedrooms and nine bathrooms, sits on 64 acres with views of Mount Evans and the Front Range. It was designed by renowned Denver architect Burnham F. Hoyt, who designed Red Rocks Amphitheater and the Central Denver Public Library.
Taylor, who took over his family's oil gas and mining business, was one of the original…
Alexa, what are you doing in my house? Lennar Homes is building Amazon’s digital assistant into all its new homes, including a subdivision in Aurora
When Amazon’s digital assistant, Alexa, enters someone’s home, it is typically as a guest. But buyers of new Lennar homes will find her waiting for them when they walk in the door.
“Alexa, what are you doing here?”
Lennar Corp. had previously run with Siri and Apple’s smart-home technology. But the nation’s largest home builder is now married to Alexa and offering Amazon’s suite of home automation products as a standard feature in Denver and across the country.
“Everything is included. It is a neat package,” said Frank Walker, Colorado division president at Lennar, during a tour of an Amazon Experience Center at a model home at the Inspiration Colorado community in south Aurora.
Purchasing the various items separately would run around $5,000, Walker said. Lennar buys the equipment in bulk and passes the savings on to its customers. Home buyers receive training and technical support from Amazon to set up and operate the various features.
Lennar uses home design and Wi-Fi signal boo..