Real Estate Blog

The most expensive home sold in Central Florida the week of May 13-19 was 671 Via Lugano in Winter Park. It sold for $2.5 million, or $355 per square foot, according to the Orlando Regional Realtor Association.

The 7,408-square-foot, 6-bedroom home has six full and three half bathrooms. The Santa Barbara Mission-style estate home on half an acre near Lake Maitland in the Via's of Winter Park offers privacy, an entry courtyard, a balcony and French doors throughout, plus crown molding and a wet bar,…

The San Antonio Board of Realtors has named Shane Johnson as its new CEO, taking over for interim CEO Gilbert Gonzalez.

As chief operating officer for Cape Fear Realtors in North Carolina, Johnson steered the organization's implementation of programs that earned the National Association of Realtors 2017 Community Outreach Award. Johnson also founded the Coalition for NC Beaches, which led efforts to obtain state funding for beach nourishment, and secured the grandfathering of thousands of coastal…

Plans for the third phase of a Birmingham neighborhood are shaping up.

The Shelby County Planning Commission has approved a preliminary plat for 24 new lots at The Village at Highland Lakes, reports 280 Living. The land is located at the end of Highland Village Trail.

Scott Vaughn of Arrington Engineering requested the 19.75-acre property in Phase 3, Sector 1 be subdivided into 24 lots.

The plat includes a 10-acre common area for a pool, cabana and detention pond. The master plan for the neighborhood…

Mark Wattles had grand plans for a singular 32-acre property along the banks of the Willamette River in West Linn.

The founder of Hollywood Video had bought the property in his early 30s for $1.25 million in 1994, and by 1997, construction was underway on Wattles' dream home, a sprawling, 50,000-square-foot mansion with three stories, underground parking for his car collection, a full-court gymnasium, an indoor swimming pool, an elevator and more.

But life and business plans changed for Wattles,…

The project is already garnering interest from potential tenants.

The cloud-based application called Compass Digital launched about four months ago, and Compass Home Loans President Jon Whittington told Pacific Business News the process “keeps getting better and better.”

Minneapolis-based HomeServices of America announced its plans to purchase a North Texas-based real estate company called Ebby Halliday and its portfolio of brands.

The company will acquire Ebby Halliday Realtors and Dave Perry-Miller Real Estate, both based in Dallas, as well as Williams Trew Real Estate, headquartered in Fort Worth.

Terms of the deal were not disclosed.

HomeServices of America, based in downtown Minneapolis, will also acquire the company's affiliated mortgage and title companies.…

More than half of all hail-damage claims made against home insurance policies in the United States due to catastrophic storms came from just two states — Colorado and Texas, according to LexisNexis Risk Solutions.

The two states accounted for 51 percent of hail-related home claims suffered between March and May of last year, with Colorado alone accounting for 13 percent of the total of catastrophic storm claims.

“Colorado was an outlier in terms of the number of claims coming in,” said George Hosfield, senior director of home insurance at LexisNexis Risk Solutions.

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The city of Denver’s first foray into cutting checks on behalf of residents who face a rent hike, past-due utility bills or another housing crisis was nearly overwhelmed by the demand.

After 486 low-income households received about $1,200 on average in rent assistance in late 2017 and early 2018, the City Council on Monday approved a $1 million extension of the program through the end of this year.

City officials tapped into the city’s affordable housing fund in November with the aim of providing limited assistance to individuals and families who need short-term help. The idea was that the assistance would help avert some evictions amid Denver’s ongoing housing affordability crisis.

“This is the next frontier of housing policy,” Councilwoman Robin Kniech said. “Over the past 12 months and in the future two years, you’re going to see us focus more on policies that keep people in place.”

Data provided by the city shows the program served as a stop-gap in most cases, with more than 95..

A Los Altos commercial property has traded hands for nearly twice what it sold for four years ago. The buyer, a local homebuilder, envisions a dense residential development to replace the three-story commercial property currently on the site.