Real Estate Blog
Economists: Why DFW doesn’t deserve Amazon’s HQ2
Seattle-based e-commerce giant Amazon.com (Nasdaq: AMZN) could make its big HQ2 campus decision in the coming weeks, but some West Coast economists say Dallas-Fort Worth's chances of landing the behemoth's second headquarters are dwindling.
That's because North Texas has seen surges in the appreciation of home prices with little single-family home inventory to go around, said Javier Vivas, director of economic insights for realtor.com in San Francisco.
“Dallas is definitely a bigger market on Amazon's…
Lenexa project selected as building awards Judges Choice
Awards were presented during a luncheon March 2 at the Hyatt Regency Wichita.
Katy Mills mall to undergo renovations until 2020
After nearly 20 years, Katy Mills mall is trading its retro '90s look for something more modern.
The mall's multimillion-dollar interior renovations will begin in March or April and are expected to be nearly finished by the end of 2018, mall representatives announced at a March 8 event. Once the interiors are complete, then the mall will begin exterior renovations and more, all of which will be complete in about two years.
Click through the slideshow above for renderings of the interior changes…
Two New Mexico homebuilding leaders make national list
Two New Mexico homebuilding leaders landed on Professional Builders' 40 Under 40 list.
Professional Builders, a national trade magazine, recently published its list that included Jamie Rayne, vice president at Bain Cochran Construction, and Quint Lears, sales consultant for Hakes Brothers Homes.
The Professional Builders list is the latest accolade for Rayne, who is a previous Albuquerque Business First Women of Influence honoree and a 40 under Forty honoree.
Last year, Rayne told Business First…
Seguin’s largest single-family development ready to break ground
On March 13, Seguin will break ground on Arroyo Ranch, the community's largest single-family residential development.
Arroyo Ranch will bring up to 1,103 new homes to the San Antonio suburb, as it continues to prepare itself for future growth along Interstate 10 and the neighboring I-35 corridor. To be built along Farm-to-Market Road 725 on nearly 267 acres, the development will sit adjacent to Vogel Elementary School and feature an amenity center with pool and playground as well as several miles…
#NextGenCLT: Money Management
The generation saddled with record student loans is finding that long-term debt has repercussions for buying a house, buying a car or even starting a family.
“Most people are more worried about paying off debt than saving for an emergency or a future house,” says Brian Swilling, a financial advisor with Waddell & Reid and himself one of the 75 million millennials ages 23 to 37.
But millennials who choose to only pay debt and eschew any savings are making a mistake.
“It’s not one…
Oden Hughes continues South Austin growth with work on hundreds more luxury apartments
Austin-based Oden Hughes is expanding its footprint south of the river with its sixth project in South Austin; construction is slated to start soon and wrap up in 2019.
$9.5M listing: In this home atop Sawnee Mountain, it’s ‘all about the view’ (Photos)
One of the highest-priced homes in Georgia is also one of the highest, literally.
Listed at $9.5 million, 1 Cunningham Place sits on top of Sawnee Mountain in Forsyth County, surrounded by the 963-acre Sawnee Mountain Preserve. At 2,000 feet elevation, it's the highest location of a home in the Atlanta area south – 200 feet higher than Stone Mountain, said the listing agent, Katherine Frazier, a Realtor with Berkshire Hathaway HomeServices Georgia Properties.
“It’s all about the view,”…
Financial adviser to the stars buys Palm Beach home for $10M
An oceanfront home in Palm Beach sold for $10 million to a company managed by CPA Charles Sussman, a financial adviser for entertainment industry stars.
Ellen Goldfarb, as trustee of Judith Goldfarb Trust, sold the 6,803-square-foot home at 230 N. Ocean Blvd. to 230 North Ocean LLC, managed by Sussman, the head of Sussman & Associates in Nashville, Tennessee. Many of his clients are in the music industry.
It’s not clear if Sussman bought the home for his personal use or on behalf of a client.
The…
Our view: Vote for me, and I’ll build 3.5 million homes. No, really
It’s easy to give an eye roll to pledges by the two leading candidates for governor to spur the building of 3.5 million new homes over seven years.
After all, California has never come close to 500,000 new housing units in a year — much less done it seven times on the trot. It’s open to question whether public or private financing markets could accommodate such a historic, explosive building boom, not to mention if construction workers could be found for it.
So the most charitable characterization…