Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com

• Buyers gain a little leverage in Twin Cities housing market
  The median sales price for a Twin Cities single-family home set another monthly record in April, but there are more signs a long-running seller’s market may be losing steam.

  
• Big home builders bet on smaller houses
  A number of local home builders and developers are betting on smaller lots and smaller homes. But, it's not yet clear whether that's the direction the industry is going.

  
• Homewood apartment complex will be converted to luxury condos
  A luxury apartment building in downtown Homewood is being rebranded as a condo development.

  
• 15 stunning Oregon/Pacific Northwest summer vacation options (Photos)
  Most summer vacationers prefer sitting back and relaxing to something, well, more active. So reveals Vacasa's Summer Travel Trends Report, issued this spring. The Portland company, which specializes in helping travelers rent appropriate overnight spots, says 51 percent of those surveyed say having places to "chill" are most important in choosing their vacation options. Some 19 percent say seeking deals is most important while another 16 percent consider themselves "high rollers." Just 9 percent…

  
• New high-rise apartment tower opens in downtown Phoenix
  A new apartment tower has opened in downtown Phoenix. The Stewart, an $80 million multifamily project at Central Avenue and McKinley Street, celebrates its grand opening May 22 after years of being in the works. Jim Poulin, photo editor with the Phoenix Business Journal, recently took a tour of the Stewart ahead of the official opening. Take a look at the new apartment tower in the accompanying gallery above this article. The 19-story high-rise sits on the site of the former Circles Records store,…