Real Estate Blog
Dream Cabins: Brainerd-area lake home on the market for $2.25 million
A Brainerd-area lake home with 35-foot vaulted ceilings and a beach could be yours for $2.25 million.
The home, at 12031 Sunrise Island Road in the city of Crosslake, is 7,743 square feet. It has six bedrooms, eight bathrooms, three wet bars, two fireplaces, a four-season porch and an attached six-stall garage.
Built in 2003 and sitting on .85 acres, the property comes with a sandy beach, making for classic Minnesota summers. It sits on Cross Lake.
Taxes were $13,973 in 2017.
Bob Hamilton…
See the most expensive home sales in Greater Cincinnati in March: PHOTOS
Sales of expensive homes in Greater Cincinnati rose in March as the top 10 homes sold in the region all had a selling price of more than $1 million.
That’s up from February, when four homes were sold at a price of $1 million or more. In January, seven of the most expensive homes sold were priced at $1 million or higher.
To view the top 10 home sales in Greater Cincinnati last month, click on the images above.
The information on the top sales comes from Multiple Listing Service of Greater Cincinnati…
Penthouse in the heart of Atlanta’s Buckhead neighborhood sells for $3.7M (Photos)
A penthouse condominium in the heart of Atlanta’s Buckhead neighborhood has sold for $3.7 million.
Tavistock Group announced the sale of Penthouse 2540 at The St. Regis Atlanta at 88 West Paces Ferry Road. It was the first penthouse to come to market since the building debuted in 2009.
The buyer and sellers were not disclosed by Tavistock Group. The deal closed March 12, a spokeswoman said.
The last recorded sale for Unit 2540 at 88 West Paces Ferry Road NW was a zero-dollar transaction…
50 years after Fair Housing Act, black home ownership rates no better — and it’s even worse in Silicon Valley
In Silicon Valley, where all housing statistics tend to skew to extremes, black home buyers are far worse off than nationally with the ability to buy fewer than 1 in 10 homes on the market in the San Jose metro area.
Despite some positive signs, residential foreclosures still plague region
New Jersey and Delaware are still the states with the highest foreclosure rates, while Atlantic City, Trenton and Philadelphia top U.S. metro areas in that dubious category, according to Calif.-based ATTOM Data Solutions, which curates national foreclosure data.
Updated: Here are the most-expensive home sales in Pittsburgh region for 2017
More than 80 homes in the Pittsburgh region sold for more than $1 million during 2017, as reported in the Leads section of the Business Times each week.
Most of the million-dollar homes were clustered in one of several areas: Fox Chapel, Oakland/Shadyside, Mt. Lebanon, Canonsburg/Southpointe, Sewickley, and Marshall/Cranberry.
In some cases, a real estate firm representing the deal is noted. If your firm was involved in one of the deals and would like that added, contact Ethan Lott [email protected].…
Next-gen mapping company with eye on self-driving cars opens office in Boulder
Here Technologies has opened a new research and development office in Boulder that will focus on improving its futuristic mapping system to ultimately help autonomous vehicles.
The company — based in Amsterdam and majority owned by Audi, BMW and Daimler — is working on what it calls HD maps to help drivers and driverless cars get a more granular view of the road from car lanes to landmarks. The Boulder office will handle an additional feature to keep maps fresh so motorists are warned of lane closures, new accidents or other road conditions.
“Building a map like we’re building is a huge technology and investment. We’re talking hundreds of millions that are being invested in this type of content generation by Here for the next several years,” said Sanjay C. Sood, Here’s vice president of automated driving.
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Denver computer maker moves manufacturing back to Colorado from China, but not because of tariffs
System 76, a Denver-based maker of personal computers, is bringing its manufacturing here from China — a decision that has nothing to do with import tariffs, corporate taxes or political pressure to return jobs to America.
“The companies we’ve been working with (in China) to manufacture our products, we’re not entirely confident that they can build what we want them to build. And we also needed them to move more quickly,” said System 76 CEO Carl Richell. “And because we’re making the design, we can open-source the design. We hope this will lead to better hardware design in general.”
The move comes as an ongoing trade war between China and the U.S. — one in which President Donald Trump is proposing tariffs on steel and aluminum and China is fighting back with tariffs on soybeans, automobiles and aircraft. An earlier cut to the corporate tax rate had some companies paying employees unexpected bonuses.
But System 76, which sells Linux Ubuntu machines, began thinking about moving manufa..
The unlikely link between the Front Range’s abandoned shopping carts and rising home prices
A bright-orange shopping cart lies tipped on its side near a bus stop along a major thoroughfare in a Denver suburb. A stone’s throw away, another sits next to a fence just across the street from the big-box retailer that owns it.
This snapshot of urban blight, found in Lakewood but indicative of a problem that exists elsewhere along the Front Range, is a reflection of rising home prices and with them, growing housing insecurity and homelessness, officials say. Those realities underline the challenges associated with cleanup efforts by a small but rising number of communities where the problem is seen as a threat to public health, safety and welfare.
“We have skyrocketing home prices that are making it harder and harder for low-income families to find a place to live,” said Cathy Alderman, a spokeswoman for the Colorado Coalition for the Homeless. “We also know that with increasing rents, people are being forced out of their homes or giving up things like health care and food just to..
JLL’s Craig Reinhart on how Apple guided his real estate career and almost transformed Lake O
A key player in Portland's tech real estate scene explains how the city has changed over three decades and what could be holding it back