Real Estate Blog

Despite a slight improvement in the job market year-over-year, Albuquerque dropped out of the top 100 in the U.S. News & World Report 2018 Best Places to Live in the United States. That continues a steep decline for the Duke City, from a top-50 finish just two years ago to coming in 109th this year.

Albuquerque remains in the top half of places on the list for its desirability as a place to live, according to survey respondents, but factors including a decrease in college readiness among high school…

The development will have both market rate and affordable units.

Developer Forest City Washington announced Tuesday that it will begin construction next year on the second phase of The Yards in the Capitol Riverfront neighborhood near Nationals Park, with plans to develop 3 million square feet of mixed-use space.

The second phase, to be complete by 2030, will go up on 18 acres between First Street and New Jersey Avenue SE. It's slated to include 1,200 residential units, 1.5 million square feet of Class A office and 150,000 square feet of retail and dining.

It…

The 1,600 acres are zoned to Katy ISD schools.

ICI Homes has been developing the Tamaya community, which includes multifamily and single family homes, since at least 2013.

Home prices in the Baltimore metro area were close to 6 percent higher in March than the same month a year ago, a new report says.

The data showed that the average sales price last month was $259,000 in the metropolitan area and that 3,081 home sales closed. The research was provided by MarketStats by ShowingTime based on listing activity from Bright MLS.

It is the latest monthly report that shows strength in the local residential housing market. In January, the same data report found that prices…

Editor's note: The San Francisco Business Times recently launched this weekly real estate digest featuring a round-up of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. As always, we'd love to hear what you think and how we can improve. Please email digest editor Emily Fancher ([email protected]) with any feedback, suggestions or possible news items for this feature.

New condos open in SoMa

Construction recently wrapped…

The project involves rebuilding a former eyesore into a mixed-income housing development that will resemble Baldwin Park.

The luxury home at 7892 Country Brook Court is 5,309 square feet and has five bedrooms. The home was built in 2005.

Click the gallery to see photos of the home.

The home has four bathrooms and one half-bathroom. The kitchen includes walnut cabinets, stainless steel appliances, and granite countertops. The master suite features a private door leading to a composite deck, as well as a bathroom with a steam shower and hot tub. The home's lower level offers a wet bar, with seating for a theater area.…

Denver city officials looked ahead with optimism in the early 2000s as developers selling the first batches of income-restricted houses, townhouses and condos in new communities jump-started a nascent affordable homeownership program.

But that optimism came with a big assumption of responsibility on the city’s part. For most of the homes, the city took on the role in private sales, and later resales, of verifying the buyers’ income eligibility, calculating the allowed below-market sales prices and, perhaps most important, creating a centralized record-keeping system to track the fast-growing stock of homes in the program.

“There’s no obvious person or new industry to oversee everything that needs to be managed,” Jacky Morales-Ferrand, then the city’s director of housing and neighborhood development services, told The Denver Post in a May 2004 story. “That’s why we’re stepping in.”

Today, the city still is supposed to play those roles to ensure compliance with the rules of the progra..