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TBJ Plus: Marbles Museum names new CEO; Raleigh has plenty of new homes, if you can find one; Ben Folds' musical initiative
by Cameron Snipes on May 23, 2022 at 4:32 pm
Marbles museum has named a new CEO; Raleigh home inventory among newest in U.S.; North Carolina native Ben Folds launches grant initiative for music lessons. […]
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$50 million in Cincinnati residential projects land tax credits
by Tom Demeropolis on May 23, 2022 at 4:06 pm
Four projects across Hamilton County have landed housing tax credits. […]
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How do rising interest rates affect mortgages and the Orlando housing market?
by Alex Soderstrom on May 23, 2022 at 4:04 pm
A few months ago — thanks to the frenzied housing market activity — Orlando house hunters were willing to give their first-born child with their offer, Realtor Deanna Armel said. That has changed a bit. Here's a breakdown. […]
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Executive Inc.: Valley Realtor Vincent Clark built his career on customer service, starting with a paper route
by Tracy Abiaka on May 23, 2022 at 3:45 pm
Vincent Clark started his entrepreneurial career with a paper route when he was a youngster. He spoke to the Business Journal about the lessons in client satisfaction and experience he learned back then and how those values helped shape his career […]
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This member of S.F.'s 'Painted Lady' family sold in 2020. Now it's back on the market for the same price.
by Ted Andersen on May 23, 2022 at 3:01 pm
Its owner — a senior engineer at Twitter — gained almost 20,000 social media followers in her two-year quest to publicly renovate the treasured San Francisco Victorian. […]
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Tim Murphy Design Associates, longtime San Francisco architecture firm, joins Perkins&Will
by Sarah Klearman on May 23, 2022 at 3:00 pm
The move represents double-digit growth for Perkins&Will's San Francisco headcount. The two firms, which announced their merger Monday, say that together they plan to offer clients a more comprehensive package of architectural services. […]
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Builder buys land in Durham for 200-home, mixed-use development
by Laura Brummett on May 23, 2022 at 2:33 pm
The development north of Durham will include townhomes and commercial space. Years ago, the city rejected plans that included a Publix grocery store on the site. […]
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After weeks of increases, U.S. mortgage rates take a dip
by DBJ Staff on May 23, 2022 at 1:22 pm
Mortgage rates factor into home sales and the refinance market and the new higher rates likely will start impacting housing-related activity. […]
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PHOTOS: A look at Mecklenburg County's top-priced home sales in April
by Jenna Martin on May 23, 2022 at 11:25 am
Homes on the list of Mecklenburg County's most expensive residential sales in April range in price from $2.61 million to nearly $5.7 million, spanning several neighborhoods in Charlotte and Cornelius. […]
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Typical Atlanta mortgage payment costs hundreds more than it did a year ago
by Chris Fuhrmeister on May 23, 2022 at 11:00 am
Rising interest rates and record home prices are making mortgage payments much more expensive. […]
Philadelphia Business Journal: Residential Real Estate News
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7 Pennsylvania cities ranked among nation's 100 best places to live by U.S. News & World Report
by Ryan Mulligan on May 17, 2022 at 7:06 pm
Cities across Pennsylvania got a big boost in this year's U.S. News and World Report's Best Places to Live in the U.S. rankings. […]
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More renters are renewing leases as US apartment market continues to tighten
by Ashley Fahey on May 16, 2022 at 2:15 pm
More renters are opting to stay put in their current units as rental rates continue to soar and inventory remains constrained. […]
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14,500-SF Main Line home with pre-Revolution roots, 1,000-bottle wine cellar lists for $3.75M
by Lisa Dukart on May 14, 2022 at 4:58 pm
The home has six bedrooms, seven full bathrooms, plus two additional private living spaces and a bank barn which dates back at least 200 years. […]
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'It's just talk right now': Philadelphia region's hot housing market persists through rising mortgage rates
by Ryan Mulligan on May 13, 2022 at 6:57 pm
Home prices across Greater Philadelphia continued their sharp rise in April, while inventory floats at just over one month of supply. […]
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When is the best time to sell a home? It's coming up fast.
by Andy Medici on May 13, 2022 at 5:15 pm
A new study shows the best days to sell a home for more than 10% above market value. The best day of the year is coming up soon. […]
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US housing market starts to shift from pandemic frenzy but not evenly across markets
by Ashley Fahey on May 11, 2022 at 2:00 pm
With mortgage rates rising and home-price appreciation continuing, there may finally be enough forces to slow the pandemic-fueled booming housing market. […]
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PIDC exec talks priorities as incoming CEO of housing developer Mission First
by Ryan Mulligan on May 9, 2022 at 1:45 am
An architect by trade, Thomas Queenan has held roles as Philadelphia's city treasurer under former Mayor Ed Rendell, an associate vice president of Temple Health and most recently chief operating officer of public-private economic development agency […]
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Center City penthouse with 30-foot skylight, one of Philadelphia's biggest beds lists for $2M
by Lisa Dukart on May 8, 2022 at 9:00 am
Located in a converted 19th-century factory, the 3,150-square-foot condo features a massive skylight and a 10-foot bed — both of which are believed to be among the largest of their kind in Philadelphia. […]
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Midwood starts work on $200M apartment tower on 12th Street in Center City
by Natalie Kostelni on May 4, 2022 at 3:47 pm
With the 32-story project underway, the New York developer readies to move ahead with another development in the Italian Market. […]
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Kenney proposes city wage tax reduction as surging Philadelphia home values increase property tax burden
by Ryan Mulligan on May 3, 2022 at 5:37 pm
The City of Philadelphia has conducted property reassessments for the first time since before the Covid-19 pandemic, with rising home values set to drive up property taxes. To offset the additional burden on residents, city officials said Tuesday […]