Real Estate Blog

Insignis Partners sought to rezone 384 acres in Kings Mountain to allow the development of Dixon Ridge, which proposes a mix of industrial, residential, and research and development space.

The facility is one of the oldest high schools in Pinellas County.

Another big land deal just went down in Clayton as investments continue to pour into Johnston County.

But Maryland lawmakers say further delay will only increase the project's cost to taxpayers.

The relocation comes as the company plans to add 70 NE Ohio jobs in the coming years.

It's the furniture retailer's only east-metro location, though it still has three in the western suburbs.

The two companies are active multifamily builders in Kansas City, but this is the first apartment project NorthPoint plans for St. Louis, where it has been a prolific developer of industrial properties.

The sound of hammers is intensifying in the far East Valley, where homebuilders have plans to build 10,000 homes. And it's just beginning, according to executive with several builders who spoke to the Business Journal.

Construction is underway and is expected to wrap by early 2025 on the 36-unit campus that also will feature a programming office.

Lower mortgage rates motivated some buyers to get busy last month, but it wasn’t enough to prevent the seasonal slowdown seen this time of year in metro Denver’s housing market, according to a monthly update from the Denver Metro Association of Realtors.

Buyers closed on 2,664 homes and condos last month, a 15.9% drop from the 3,169 homes sold in October. November closings were down 14% year-over-year and through the first 11 months of 2023, with the overall sales volume is down by nearly a fifth.

Properties took longer to sell last month, with the median number of days a listing spent on the market shooting up from 16 in October to 22 in November. A year ago, the median was 21 days.

There were 6,684 active listings available to buyers at the end of November, which is down 10.7% from October’s 7,482 and up 6.9% from the inventory available a year earlier. At the current pace of sales, the market has about 2.5 months of supply of listings.

In one of the bigger declines in the report..