A mansion built by members of the Pillsbury family is on the market for $7.9 million. The property sits at 1400 Bracketts Point Road in Orono. Also known as Southways, the estate spans 25,297 square feet on 3.36 acres. It has seven bedrooms, 13 bathrooms, a wine cellar, a sauna, a billiard room and nine fireplaces. Charles A. Pillsbury founded the flour mill Pillsbury Co. in 1869. Family members John and Mary Pillsbury built the home in 1918. It served as the original Pillsbury…
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The evolution of Rainey Street continues. The neighborhood has arguably seen more change in the past decade than any other part of the Austin area. Real estate reporter Marissa Luck dived into the history and future of Rainey Street for ABJ's March 30 cover story; go here to read what she found about what's being built in the area southeast of Austin's Central Business District. Despite the immense change that's occurred recently, even more transformation is in store. Rainey Street has shifted…
Not long ago millennials, commonly referred to as Gen Y, were thought to be permanent residents of their parents’ basements, with little to no interest in becoming homeowners. Let us not forget that just a few years ago, in 2015, about 24 million adults between the ages of 18-34 were stuck living with their parents, according to “‘The Changing Economics and Demographics of Young Adulthood,” a report by the U.S. Census Bureau. Fortunately for the housing market — and their parents — who…
When it comes to navigating San Antonio’s real estate market this summer, preparation is truly the key to success. After a stellar year for real estate in 2017, all signs point to another hot housing market. The year-to-date numbers show an increase in almost every statistic, including median sold price and closed sales, according to the San Antonio Board of Realtors (SABOR). The one statistic that hasn’t gone up, however, is inventory. These numbers have experts predicting another strong…
