Real Estate Blog
Push is on to convince N. Austin that MLS stadium is a good idea
Austin officials are gathering information as part of their study on whether the city-owned tract could work as the site of a Major League Soccer stadium.
Dayton-Area Commercial Construction Projects (The List)
This week in the Dayton Business Journal, we list the area’s commercial construction projects ranked by project cost.
Dream Homes: Edina property with home theater, billiard room on the market for $2 million
An Edina house in the South Harriet Park subdivision could be yours for $2 million.
The property, at 5337 Wooddale Avenue, was built in 1936. The house is 5,644 square feet and sits on .18 acres. The two-story home has five bedrooms and five bathrooms.
Other features include a home theater, a billiard room and a grand master suite with a sitting room. It also comes with in-floor heating and a heated garage.
Taxes were $12,616 in 2018.
Brad and Amy McNamara of Edina Realty have the…
62-home gated residential community planned in Alpharetta
The homes would be two- and three-stories and approximately 2,400 square feet with prices starting in the $500,000s with Farmhouse-inspired architecture.
After weeks of jumping, U.S. mortgages rates take modest dip
U.S. mortgage rates fell this week after rising to their highest level in four year, according to Freddie Mac.
The 30-year fixed mortgage averaged 4.55 percent for the week ending May 3, down from 4.58 percent the previous week. A year ago, mortgage rates stood at 4.02 percent.
Favorable mortgage rates have helped drive U.S. home sales, as well as the refinance market.
“While mortgage rates have increased by one-half of a percentage point so far this year, it has not impacted home purchase demand,…
Continuum hired to map improvements to blue Reuss building, enliven surrounding sidewalks
Another building rehab is in the works to help turn the corner of West Wisconsin Avenue and Old World Third Street into one of downtown Milwaukee’s most vibrant intersections.
Total of 26 homes destroyed by lava from Hawaii’s KIlauea volcano so far
A total of 26 homes have been destroyed so far by lava from Kilauea volcano in a residential neighborhood on Hawaii’s Big Island, Hawaii County Civil Defense officials said Sunday.
The total number of homes destroyed by the eruption in the Leilani Estates subdivision grew by 17 between a Sunday morning update and 3 p.m., the Hawaii Tribune-Herald reported.
Two new fissures appeared in Leilani Estates Saturday, bringing the number of openings where lava has been erupting since Thursday to a total…
Miami developer’s plans for 984-unit tower in Market and Van Ness ‘Hub’ district inch forward
Crescent Heights, the Miami-based developer behind Mid-Market’s huge NEMA apartment project, picked up land for a housing project on 10th Street and South Van Ness back in 2014. Four years later, Crescent Heights still isn’t close to breaking ground.
After redesigning its project, the developer is now waiting on a draft environmental impact report for a 984-unit project at 10 S. Van Ness, the site of a Honda dealership, Socket Site reports. The proposal for two 41-story towers that would…
As the “king of debt,” Trump borrowed to build his empire. Then he began spending hundreds of millions in cash.
By Jonathan O’Connell, David A. Fahrenthold, Jack Gillum, The Washington Post
In the nine years before he ran for president, Donald Trump’s company spent more than $400 million in cash on new properties – including 14 transactions paid for in full, without borrowing from banks – during a buying binge that defied real estate industry practices and Trump’s own history as the self-described “King of Debt.”
Trump’s vast outlay of cash, tracked through public records and totaled publicly here for the first time, provides a new window into the president’s private company, which discloses few details about its finances.
It shows that Trump had access to far more cash than previously known, despite his string of commercial bankruptcies and the Great Recession’s hammering of the real estate industry.
Why did the “King of Debt,” as he has called himself in interviews, turn away from that strategy, defying the real estate wisdom that it’s unwise to risk so much of one’s own money in a few pro..
IMC expands High Point dominance with another showroom purchase
International Market Centers owns more than half of all High Point furniture showroom space and has just added more.