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Real Estate

Lot Lines: Every property has a story

It‘s been said that every person has a story; however, stories are not just limited to people, as every property also has a story. It’s fascinating to examine the various types of property marketing packages brokerage companies produce. All packages ...

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Home construction slumps on fewer apartment buildings

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 ...

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Home rental prices rise at slower pace in October

U.S. home rental prices rose at a slower pace in October, a possible sign that apartment costs are testing the upper reaches of renters’ incomes. Real estate data firm Zillow said Friday that median rents increased a seasonally adjusted 4.5 ...

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Potential for crowdfunding in commercial real estate

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 ...

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Auction for Executive Building ends in mystery, for now

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 ...

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Executive Building to be sold in online auction

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A historic downtown office building with a storied past will be offered for auction online this week at a starting bid of $1.6 million. Auction.com set the asking price for the Executive Building at the heart of the Four Corners ...

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A high-tech kitchen can be a valuable improvement

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 ...

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Rochester office availability tightens slightly; rents show uptick

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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Affordable housing in Rochester? You bet!

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’s lead ordinance held as model

The City of Rochester’s landmark lead ordinance is being held up as a model for other cities tackling the issue of lead poisoning. Rochester has seen an 80 percent drop in the number of children with high lead levels since ...

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Want a tiny house? Businesses offer tryout first

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Hilary and Shane Lentz were hooked on the idea of a tiny house, but they weren’t sure the reality would be so appealing. Their curiosity led them to the hills of New Hampshire, where a business that started at Harvard ...

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City to auction more than 800 properties

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 ...

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