UC Davis’ rising student population and constrained housing market are pushing up prices on multifamily properties, including one sold earlier this month.
Phoenix is among the top U.S. markets when it comes to migration trends and demand for apartments along with Dallas, Houston and Charlotte. That is according to new research by CoStar Group Inc. (Nasdaq; CSGP). CoStar looked at population gains between 2016 and 2017 and demand for apartments. The trends show some workers and households are being priced out of expensive coastal cities and big markets such as Los Angeles, New York and Chicago and going to less expensive second and third tier inland…
No one solution will solve the housing crisis, experts agree, but numerous policy changes could create more homes and bring down costs for tenants.
The River Vista Apartments are taking shape in downtown Wichita. Just in time for prime renting season, says Old Town developer Dave Burk, a partner in the project. "We're really excited," Burk says. "We're hitting that time now when people are looking to move more and more. There's no other buildings around (River Vista), so the views of downtown and the Keeper of the Plains and Exploration Place are really nice." The first residents at River Vista Apartments are expected to move in sometime…
Ever thought of living aboard a yacht? Patti Payne’s Cool Pads takes a turn out on the water this week, to look at a classic luxury mega-yacht that just hit the market. "The Marlinda" offers all the luxury of a high end estate, except you can steer it to far away places around the globe. Increasing numbers of people are buying boats to use as live-aboards, says George Harris, president and CEO of the Northwest Marine Trade Association. “And a lot of large boats are summer homes,” he says.…
New home loans in Denver and Boulder dropped by 37 percent year-over-year in Q4 2017, according to a report from ATTOM Data Solutions. Of the 120 metropolitan areas analyzed in the report, only eight saw year-over-year increases in total loan originations during that period. Denver and Boulder dipped lower than the national trend as new home loans fell 19 percent year-over-year nationally. San Rosa, California saw the biggest drop in the nation at 47 percent. Behind it was San Jose, California,…
The building and design world is in many ways an interconnected community, where chatter and rumors often lead to meetings and deals. That puts smaller firms inherently at a disadvantage. A group of building professionals are seeking to address this issue by launching BIG Oakland, a co-working space geared specifically for architecture, engineering and constructions businesses. BIG Oakland, located at 351 15th St., spans 6,000 square feet and includes building industry-specific features like extra-large…
Editor's note: Want a dose of what other people are writing about Silicon Valley? Each day, we read news offered up by other publications and our colleagues around the country, looking to see what we might be missing. Now, we're sharing some of those links with you. Elon Musk unfriends Facebook Did you follow Tesla Inc. or SpaceX on Facebook? Not anymore. In a matter of minutes, Elon Musk joined the #deleteFacebook movement and deleted the pages to both of his companies, losing 5 million followers…
Homes start in the $240,000 range.
