Apartment construction plunged sharply in October, as the pace of homebuilding slipped amid a broader cooling of the real estate market. Housing starts — both houses and apartments— fell last month 11 percent to a seasonally adjusted annual rate of ...Read More »
Crowdfunding may soon expand its presence as a commercial real estate financing source thanks to the U.S. Securities and Exchange Commission. Recently, the SEC adopted final rules implementing Title III of the JOBS (Jumpstart Our Business) Act. Title III allows ...Read More »
The online auction for the historic Executive Building at 28-42 W. Main St. closed Thursday afternoon but the result was not immediately announced. A notice on the website at Auction.com noted only: “This property is in escrow. Once escrow has ...Read More »
Property experts agree – the room for owners to upgrade when renovating that provides one of the highest returns on investment is the kitchen, and “smart technology” is the top trend when updating the traditional center of the home. According ...Read More »
The Rochester office market ended the third quarter with a slight decrease in an availability rate as rental rates trended higher, according to the latest Savills Studley snapshot of the region. The commercial real estate services firm, which specializes in ...
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It’s no Cleveland, but Rochester has made this year’s top 100 list for cities with the most affordable housing. The average listing price for a four-bedroom, two-bathroom house here: $120,018, according to Coldwell Banker’s annual Home Listing Report, released Tuesday. ...
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ROCHESTER — City officials in Rochester are offering up more than 800 houses, commercial sites and vacant lots at foreclosure auction today. City Treasurer Kim Jones says more than $1.4 million is owed in taxes on the 803 parcels. Nearly ...Read More »