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Real Estate

ABQ home-building highest in five years

Home construction continued to improve in the Albuquerque metro area in 2014, with building permits issued for single-family homes reaching… more »

Silverado apartments sold

The Albuquerque and Phoenix offices of Colliers International recently completed the sale of the Silverado, a 256-unit Class A apartment… more »

The Broadstone Santa Monica features a large outdoor pool. The 280-apartment complex will soon be joined by the 180-unit Broadstone Promenade, currently under construction. (Courtesy of Patrick Coulie)

Amenities included

Three-story, $26 million addition to Santa Monica Place redevelopment will feature 130 upscale, independent-living apartments for seniors

From left, Realty Benefits agent Jill Medley and mortgage loan consultant Anna Datta witness Grace and Armando Ong sign a 15-year mortgage loan at a Neighborhood Assistance Corporation of America event. (Cheryl A. Guerrero/Los Angeles Times)

Building up wealth through home loan

New type of 15-year mortgage permits lower-income buyers to use down-payment money up front to slash interest rate, accelerate equity, speed up ownership

In this Jan. 8, 2015 photo, real estate agent Sam Golkar, left, tours a home being sold by fellow agent Frank Ruan, right, in Cupertino, Calif. The National Association of Realtors reports on sales of existing homes in December on Friday, Jan. 23, 2015. (AP Photo/Marcio Jose Sanchez)

US home sales rise in December

WASHINGTON — More Americans purchased homes in December, yet total sales slipped in 2014 as first-time buyers struggled to find… more »