Real Estate Blog

The region’s status as an engine for innovation and a center for culture and wealth means that thousands of small- and medium-sized businesses want to continue to call the Bay Area home. For them, the housing crisis isn’t a policy issue. It’s a business issue they wrestle with daily, without the resources or political clout large companies can bring to bear.

This week’s on the market takes a look at some of the most expensive homes currently for sale in Kirkwood.

906 W. Essex Ave., $1.49 million: This six-bedroom home has four full bathrooms and two half bathrooms. Built in 1992, the home includes den and hearth rooms that open to an outdoor space with covered porches, terraces, a pool and stone fireplace. The home is 8,123 square feet and includes a kitchen with custom cabinetry, a Dacor range with dual ovens and a large island.

1804 Cheswick Place,…

Legions of blue-collar and middle-class worker are being squeezed out of homes in the boom cities of Silicon Valley, curtailing their ability to capitalize on opportunities in an economically vibrant area.

With development picking back up in the region following years of slow growth, it’s crucial that the city take a long, hard look at how it’s going to accommodate corporate growth. The strength of the city’s business core will dictate the future residential and commercial growth for the entire region.

The proposed deal between the Arizona Diamondbacks and Maricopa County gives the team the ability to start looking for a new ballpark in the Phoenix area.

But that doesn’t worry Steve Chucri.

He’s chairman of the Maricopa County Board of Supervisors. The county owns the stadium.

Chucri isn’t worried about the D-backs leaving 20-year-old Chase Field.

First, he points out the deal with the team essentially keeps them at the downtown Phoenix ballpark through 2022.

“The team will be there…

Two Atlanta real estate firms are combining to create a new residential powerhouse.

The median price of a single-family home on Oahu jumped 10 percent in April to $795,000, the largest percentage increase for any month in four years, according to a new report by Honolulu real estate firm Locations.

The last time there was a double-digit increase in median price for single-family homes was in February 2014, when the median price rose by 13.2 percent to $679,000, from $600,000 the year before. The last time there was a double-digit increase in April was in 2006, according to Locations.

Sales…

Hawaii residents began evacuating from subdivisions in the east rift zone of Kilauea volcano Thursday afternoon as an eruption began spewing lava along a break in a residential area, hours after an earthquake with a preliminary magnitude of 5.0 south of the Puu Oo crater caused a possible additional collapse into the crater, sending a red plume of ash into the air.

Gov. David Ige activated the Hawaii National Guard as the Puna area of the Big Island was placed under “high alert” for the eruption,…

With the Bay Area’s exorbitant housing costs seemingly on everyone’s minds these days, tech CEOs are beginning to take a more active role in supporting pro-housing political groups.

For years, tech seemed to take a head-in-the-sand approach to housing affordability and was often blamed for rising housing costs because of its workers' high salaries.

Now, however, even well-compensated workers have a hard time finding and paying for housing in the Bay Area and a handful of executives are starting…

The days of buying a home in the Denver metro area for under $300,000 are all but gone.

Just 1 percent of the homes started in metro Denver in the first quarter were priced below $300,000, down from 3 percent in the first quarter of 2017, according to Metrostudy, which tracks home construction in the region and other big cities. The numbers include new single-family homes, townhomes and condominiums.

And it isn’t because construction is taking a breather. Builders are ramping up this year, with home starts 14 percent higher in the first quarter than they were a year earlier. That marks the second consecutive quarter of double-digit gains, according to Metrostudy.

At an annualized rate, home starts are running above 12,000 for the first time since 2007. But much of what is being built skews above the half-million-dollar mark. Starts on homes priced below $299,999, already low, have dropped by two-thirds the past year.

Only 22 percent of the new homes started in the first three month..