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More million-dollar homes sold in Denver last month than a year earlier

(BIZ Journals) - 4 hours, 23 minutes ago...
 More million-dollar mansions sold in Denver last month compared with a year earlier. According to Coldwell Banker Residential Brokerage, there were 145 sales of $1 million and higher residential properties last month, up 10 percent from 131 in September 2016. The median sale price remained at $1,325,000, which was the same as a year earlier. “The luxury market saw a leveling in sales price which is typical for this time of year. While prices held steady, total sales made very strong gai...
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Builders' Confidence Returns as Hurricane Worries Wane

(Mortgage News Daily) - 4 hours, 24 minutes ago...
 Posted To: MND NewsWireAfter reacting strongly to Hurricanes Harvey and Irma with a four-point drop in September, the Housing Market Index (HMI) regained its footing in October. The National Association of Home Builders (NAHB) says the HMI, which measures its new home builder member's attitudes toward the new home market gained four points this month, reaching 68, its highest reading since May. Analysts had expected the index, which NAHB cosponsors with Wells Fargo, to remain unchanged from...
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What you can rent for $750 or less in ABQ (slideshow)

(BIZ Journals) - 15 hours, 30 minutes ago...
 The residential real estate scene isn't what it used to be. Renting has changed and so has the space you can get for $750. But Albuquerque Business First wanted to know exactly what the Duke City residents' options were. Using Apartment List data, we gathered renting options with the maximum price tag of $750 in neighborhoods in the metro area. View the accompanied slideshow to see the properties and their price tags A trend in the data was income requirements. The majority of ...
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Keppel, KBS Forming New REIT to Acquire $800 Million U.S. Office Portfolio

(COSTAR) - 15 hours, 30 minutes ago...
 Singapore-based Keppel Corp. has received approval to launch a new REIT on the Singapore Exchange and has reached a deal for that REIT to acquire 11 U.S. office properties from Newport Beach, CA-based KBS Strategic Opportunity REIT, a nontraded REIT. The properties have not been specifically identified nor has a final purchase price been set. However, KBS currently values the portfolio at $800 million with $400 million in outstanding debt, according......
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