Real Estate Blog

A joint venture has unveiled its formal branding for a new retail center in a fast-growing West Valley city, with plans to start work on the project within 30 days. A California burger chain is the latest tenant to sign on to the project.

Real estate investor Bob Clippinger appears to have resolved one bankruptcy involving a Downtown Sacramento building under his ownership, but another such case is ongoing.

The nation’s largest owners of manufactured housing communities conspired to raise rent on low-income and elderly residents via an “unlawful price-fixing cartel,” according to a new lawsuit filed in federal court last week.

The 85-page complaint, filed in U.S. District for the Northern District of Illinois, names nine companies — including one based in Denver — that collectively own thousands of mobile home parks across the United States.

Attorneys for two Illinois residents named as plaintiffs called the lawsuit an unprecedented move to hold the companies accountable for jacking up rents on the poorest Americans.

“This case is a prime example of companies victimizing American citizens who can least protect and defend themselves,” said Adam Levitt, one of the attorneys spearheading the lawsuit.

The nine companies include Denver-based YES! Communities, which owns and operates more than 200 communities and 55,000 homes across the country. The company’s portfolio counts two Colorado p..

A Gastonia home is garnering local attention after hitting the market as the most expensive residential listing ever in Gaston County with a price tag of $7 million.

In this week's installment of House Money: New Mexico community struggle to balance water and housing, affordability keeps driving demand for remote work and more.

The University of St. Thomas paid $2.15 million for a parcel of land at the Highland Bridge site in St. Paul, where the school plans to add a baseball and softball complex.

A group of Rockingham County residents is going to court to try and stop what many feel are plans for a casino in the county.

As the Phoenix region continues to grow, so do local companies that want to take advantage of the expanding real estate market. A longtime Valley real estate agency recently launched a new commercial real estate division to compete with other brokerages in the market.

Mortgage rates hit a 22-year high last month, surging to 7.5% on a 30-year loan before falling back to around 7% on news of slower-than-expected job gains this month.

And while those higher mortgage rates weighed heavily on metro Denver’s housing market in August, they didn’t break it, according to a monthly update from the Denver Metro Association of Realtors.

“The majority of sellers found themselves negotiating to get their homes under contract,” Nicole Rueth, a DMAR Market Trends Committee member and local mortgage professional, said in a video post accompanying the report.

The number of home and condo sales fell 2% last month to 3,792 and for the year the sales count is down 16.1%. Sellers obtained 99.46% of the list price last month versus 99.89% in July. The median number of days listings took to find a buyer rose significantly, from 9 to 11, a 22% jump.

Concerns over a tougher market ahead may have motivated some sellers to speed things up. New listings, which had been tren..

Louisville's retail real estate market is steady — but interest rates are a challenge for all businesses.