Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com

How to go broke in Honolulu on a six-figure income

Hawaii has a bad track record when its high cost of living is compared to other states, and now Honolulu and Maui have been ranked among the 10 worst places for families earning a six-figure income in a study by MagnifyMoney. Honolulu was ranked eighth-worst, with Boston in ninth place, while Maui — Kahului, Wailuku, and Lahaina were all listed together for Maui's entry — was ranked seventh-worst. The Washington, DC, metro area topped the list of the worst places for six-figure families. The…

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Envisioning a Portland that grows 'UP not OUT'

Just-released 2035 Comprehensive Plan aims to address explosive population growth

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Exclusive: Two North Oakland housing proposals could add 100 apartments near BART

Proposals for two housing projects blocks from the MacArthur BART station could add 100 units to the North Oakland area.

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Golden Triangle apartment complex sells for $60 million

Via Apartments, an 200-unit complex developed by local firm Pauls Corp., has been acquired for just over $60 million, according to Denver County public records. In addition to the residential units, the seven-story Via includes 4,220 square feet of ground-floor retail at 828 Broadway in Denver's Golden Triangle area. Construction on the project was completed in 2015 and rents in the complex range from $1,437 per month to $2,975 per month with an average rent of $1,785. Via sold for a per-unit price…

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Prolific Oakland developer is bullish on new apartments in Jingletown

Next month, Madison Park Financial plans to start leasing up 401 Derby, a new apartment building in Oakland's Jingletown where the firm has more than 100 units under construction.

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Why the Bay Area is one of the worst regions to get a return on your Airbnb listing

San Francisco may be home to tech unicorn Airbnb, but it has clashed head-on with the company over criticism that short-term rental sites tie up housing supply in a region already undergoing a massive housing shortage. Conflict between San Francisco and short-term rental companies has even led to legal challenges and a recent settlement that laid out a few key provisions, including requiring registry for listings, registration verification from the city and an agreement to terminate a listing if…

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Why the Bay Area is one of the worst regions to get a return on your Airbnb listing

San Francisco may be home to tech unicorn Airbnb, but it has clashed head-on with the company over criticism that short-term rental sites tie up housing supply in a region already undergoing a massive housing shortage. Conflict between San Francisco and short-term rental companies has even led to legal challenges and a recent settlement that laid out a few key provisions, including requiring registry for listings, registration verification from the city and an agreement to terminate a listing if…

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Berkley Riverfront developers: We've got momentum

Port KC and the developers of a new Berkley Riverfront Park project gathered Wednesday in Downtown to unveil a new brand logo for the development and announce that the work remains on track. Despite delays in the early phase of development, everything is on schedule with Union, which will be ready next summer and include 410 luxury apartments, 12,000 square feet of commercial space and structured parking, said Marissa Cleaver Wamble, vice president of corporate communications for Port KC. "If you…

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San Marcos considers legalizing short-term home rentals

It could soon be legal for San Marcos property owners to rent out homes on a short-term basis. City officials in the Hays County suburb south of Austin are considering changing local regulations to legalize short-term rentals, according to Community Impact. City staff on Tuesday presented the San Marcos Planning and Zoning Commission with initial recommendations for legalizing short-term rentals. That's obviously good news for Austin-based HomeAway Inc. and San Francisco-based Airbnb Inc., which…

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Millennial home ownership in Chicago (and elsewhere) by the numbers

Home ownership always has been a big part of the American dream, but with incomes stagnating for many working-class Americans, that dream is proving rather elusive. That is doubly true for millennials who are at that stage in life where many are still dealing with skyrocketing student debt and lower earnings as they contemplate the dream of owning a home. The good news is that home ownership is not so elusive a dream for millennials in Chicago as it is in some markets on the east and west coasts.…

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