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Residential Real Estate news
  • Sales of luxury single-family homes on Oahu for $2M+ jump 50% in June
    The total number of luxury properties sold on Oahu declined by 17% last month, compared to the same month last year, but the number of single-family homes that sold for $2 million or more in June jumped by 50%, according to a report by Coldwell Banker Pacific Properties. There was a total of 44 luxury properties that sold for $1.5 million or more in June, compared to 53 that sold in June 2018. The median price of those properties rose 11% to $2 million, from $1.8 million last year. Single-family…
  • Patti Payne's Cool Pads: Yarrow Point home has a bit of everything — including a glass staircase (Photos)
    A global entrepreneur is selling his modern 10,000-square-foot Yarrow point home for $5.99 million. Windermere brokers Karl Lindor and John Kritsonis have the listing. "The home is grand in size and scale, yet it has a comfortable and sophisticated elegance about the design and execution," Lindor said. While the owner wants to remain anonymous, check out the Ferrari in the garage, and the historic sports jerseys on the walls of the enormous media area. This custom-built contemporary estate,…
  • With new developers, 23-story Oakland tower to break ground this summer
    Holland Partners took over the project from Lane Partners, which had a development agreement with the city.
  • Homeownership a bigger sign of success than marriage or kids, survey says
    Success for most American adults means owning a home, according to a new survey from Wells Fargo & Co.  Sixty-four percent of adults living in Phoenix said they believe homeownership to be a bigger sign of success than getting married or having children, compared to 70 percent of adults nationally. Similarly, 88 percent of those surveyed in the Valley said that the benefits of owning a home far outweigh the drawbacks. “The No. 1 thing we can take from the survey is that it affirms the American…
  • Our view: City-by-city NIMBYism isn’t the answer to Peninsula housing crisis
    Officials in cities around the Bay Area often share a great sense of responsibility when it comes to housing: That is to say, many of them greatly share a sense that housing should be somebody else’s responsibility. Even as the Bay Area undershoots its housing needs year after year, these officials maintain their conviction that the best place for new housing remains nowhere near them or their constituents. In this view, the region’s housing crisis remains somebody else’s problem, to be solved…
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