Web
Please enter a search for web results.
News
Corporate investment in residential housing may be another hurdle for first-time buyers
4+ hour, 23+ min ago (475+ words) As corporate ownership of residential property across the country rises nationwide, researchers from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions, which is housed at the institute, warn this rising trend has complicated the housing market for first-time buyers. According to a joint "Who Owns America" report, nearly 9% of residential parcels in 500 U.S. counties are owned by a corporation. The concentrations exceed 20% in some cities, including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin, Ohio. Researchers told Stateline they define "corporate ownership" as any rental property held under a formal business entity, whether a single-property LLC or large institutional investors such as Blackstone. They also track three factors: whether the owner is a business entity, whether it is based in- or out-of-state, and the size of its housing portfolio. Roughly 2% of residential lots are owned by out-of-state investors....
New townhomes starting at $850K available in midtown Phoenix
6+ hour, 30+ min ago (378+ words) ARIZONA REAL ESTATE & HOUSING NEWS Nov 24, 2025, 9:37 PM PHOENIX " A set of 20 townhomes starting at $850,000 are now available for purchase in midtown Phoenix, according to a Monday press release. These four-story units are located near 3rd Street and Thomas Road in a gated community. The Soleil homes range in size from 2,097 to 2,359 square feet and have between two and three bedrooms, 2.5 and three bathrooms, a den space for an office or home gym and one and two-car garages. Each unit also has a roof deck and is within a short driving distance of sporting venues Chase Field and Mortgage Matchup Center and Phoenix Sky Harbor International Airport. Soleil modeled its architectural design after late 1920s Parisian buildings, which have "geometric window patterns, horizontal ribbon windows and smooth white stucco walls that sit flush with the glass." These initial townhomes are a part…...
Condo sales picked up again last month thanks to lower prices and lower mortgage rates
8+ hour, 55+ min ago (478+ words) South Florida condominium sales picked up in October, showing the second consecutive year-over-year increase in more than two years. The regional condo market had been reeling from the twin pressures of higher mortgage rates and reforms put in place for older buildings after the 2021 collapse of the Champlain Towers South condo building in Surfside that killed 98 people. The pace of condo deals increased across the region, led by a 10.6% jump in activity in Broward County. Broward also had the lowest median price of condos at $259,000. That represents a 7.5% drop in the median price from a year ago, according to data from the Miami Association of Realtors. The drop in prices and increase in sales underscores the affordability challenges the regional residential real estate market has experienced for several years, which was amplified during the COVID-19 pandemic thanks to historically low…...
Affordable housing project in Kalispell moves forward with housing credit award
9+ hour, 8+ min ago (241+ words) KALISPELL, Mont. " A new affordable housing complex is moving forward in Kalispell after developers secured $ 8,336,000 in housing tax credit. The project is called the Outpost at Kalispell and will include 24 units, with 10% reserved for veterans, survivors of domestic violence and youth aging out of foster care. "Our focus is on maintaining, developing and preserving affordable housing across the state of Montana," said Grant Schnell of Mach LLC. "There's a desperate need across the entire state. This 9% program was a competitive process that we pursued for a 24-unit development in Kalispell for 2025." Compared to average market rates, rent for one-bedroom units would be 31.5% lower, and two-bedroom units about 22% lower. Developers Mach LLC and TE Miller are partnering with the Community Action Partnership of Northwest Montana for this project. Out of the 24 units, for 50% of the average median income, there will be: Out…...
LA's Stahl House hits real estate market with $25 million price tag
9+ hour, 25+ min ago (223+ words) November 24, 2025 / 5:41 PM PST / CBS LA For the first time in more than six decades, the iconic Stahl House has hit the Los Angeles real estate market at an asking price of $25 million." Architect Pierre Koenig worked with the original owners, Buck and Carlotta Stahl, to create the 2,200-square-foot, mid-century modern home in 1960 as part of the Case Study House program, according to the Los Angeles Conservancy." "Arts & Architecture" editor John Entenza created the program in 1945 to "shape and form postwar living through replicable building techniques that used modern industrial materials," according to the LA Conservancy. It added that Stahl House "remains one of the most famous examples of the program's principles and aesthetics." The real estate listing said the Stahl family has owned the home for the past 65 years." "This is not merely a sale; it is a passing of…...
6 Home Features Buyers Associate With Boomers
9+ hour, 55+ min ago (30+ words) When you think of homes associated with Baby Boomers, certain features often come to mind. These elements reflect the tastes and lifestyle preferences of a generation that values comfort, practicality ......
53% of US homes lost value in past year, including some in San Antonio, report says
9+ hour, 57+ min ago (446+ words) Pachatta Pope, Content Gatherer SAN ANTONIO " A recent article published on Zillow's website may be raising eyebrows. Online real estate marketplaces like Zillow can help people get an idea as how much a home is valued. According to the report, 53% of U.S. homes lost value in the past year, based on Zillow's Zestimate tool. The article includes statistics from multiple metro areas from around the country, including San Antonio. Based on the statistics provided, 1.3% of the homes in the San Antonio metro area saw values drop by 5% or more below what the price of the homes were last bought for. For 2025, the article reports the share of houses in the San Antonio area valued below what they last sold for is 4.5%. Veteran real estate expert Katie Ross said Zillow's conclusion doesn't include all the facts. "Zestimate is not necessarily always accurate....
He pays $230,000 for a property valued at $350,000, and a notary takes his hat off: “The agreement is unusual because it is not well known”
11+ hour, 26+ min ago (367+ words) A little-known real-estate strategy in lets buyers slash prices by giving up part of the property'at least for a while. When a French buyer secured a $350,000 apartment for only $230,000, even the notary handling the paperwork was impressed. The secret? A rarely used property structure that splits ownership in two'allowing some buyers to get a deep discount up front. The method, known in France as purchasing the naked ownership, lets someone buy only the structural ownership of a property, while the usufruct'or the right to live in the home or rent it out'is temporarily transferred to a third party. Notary Fr'd'ric Labour, who works in Sainte-Genevi've-des-Bois near Paris, says the approach is far from mainstream for one simple reason: "The agreement is unusual because it is not well known." In most cases, the usufruct is handed over for a fixed period…...
Lake Geneva waterfront home quietly sells for $8.3M
13+ hour, 7+ min ago (430+ words) Buyers traded up for Bayview Drive home amid waterfront bull run A home on Bayview Drive was the latest to sell for more than $8 million in Lake Geneva last week, extending the bull run on lakefront property in the Wisconsin resort town this fall. The home at 831 Bayview Drive sold in an off-market transaction on Nov. 17 for $8.3 million. The 7,100-square-foot house has five bedrooms and two bathrooms. It has between 50 and 100 feet of lake frontage, according to listing information. Compass agent Daniel Oleston represented the sellers, and Wendy Murphy with Mahler Sotheby's International Realty represented the buyers. Both declined to comment on the sale. The home's buyers appear to have traded their previous Lake Geneva residence for the larger Bayview Drive home. The buyers were Philip and Melody Lekousis, who sold a 3,300-square-foot house on Park Drive for $6 million earlier…...
JO Companies eyes new affordable housing in Brooklyn Park
13+ hour, 33+ min ago (724+ words) J.O. Companies hopes to build 160 or more apartments in multiple phases on vacant sites at 7621 and 7601 Brooklyn Boulevard in Brooklyn Park. (Image: Pope Design Group) Less than a year after cutting the ribbon for its Wangstad Commons project in Brooklyn Center, JO Companies is testing the waters for another affordable housing development in the northwest Twin Cities. The Brooklyn Park Economic Development Authority recently reviewed the developer's concept plans for vacant sites at 7621 and 7601 Brooklyn Boulevard, which could eventually accommodate 160 or more apartments in multiple phases. Located in the Village Creek neighborhood, the "Welcome Avenue sites" include EDA-owned parcels of 1.71 and 2.07 acres at Brooklyn Boulevard and Western Avenue. For now, JO Companies is focusing on the western parcel. For the "west building," the developer envisions either a four-story, $31.7 million, 73-unit building or a five-story, $36.7 million, 86-unit development, according to city documents....