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Posted by: In: Industry Insights 17 Jan 2018 0 comments

According to a Houston Chronicle article and the end-of-year figures from the Houston Association of Realtors, 79,117 single-family homes representing $23 billion were sold in 2017. This beats 2016’s previous year’s sales record by 3.5 percent. A major attribution to the record year includes investors swooping in to buy and flip flooded homes as well as people beginning to look in alternate sub-markets throughout the Houston area. Does Texas’s resilience know no bounds?

To read the full Houston Chronicle story, click here.

Posted by: In: Industry Insights 11 Jan 2018 0 comments

The Federal Reserve Bank of Dallas forecasts that due to rebounding energy and manufacturing sectors, Texas could be in for an influx of jobs in the hundreds of thousands in 2018. The Houston Chronicle reported that based on this forecast and in Houston in particular, the city could see a gain of 75,000 jobs if crude oil stays around $60 a barrel.

To read the full Houston Chronicle story, click here.

Posted by: In: Industry Insights 31 Oct 2017 0 comments

The Dallas Morning News recently reported on a power rankings survey on the hottest home markets in the U.S. in 2017. Out of 50 cities, San Antonio, Fort Worth and Dallas took the top three spots on the rankings, respectively. Austin was number 10. The Texas cities were ranked high based on not only double-digit home price gains, but the fact that they remain very affordable areas to buy homes.

To view the Dallas Morning News story, click here.

Posted by: In: Industry Insights 06 Oct 2017 0 comments

Central Texas – Austin and Round Rock – saw the best summer selling season it has ever experienced, according to the Austin Board of Realtors August 2017 home sales report.

To view the CultureMap Austin article, click here.

Posted by: In: Industry Insights 28 Sep 2017 0 comments

The San Antonio Express-News recently posted a feature article that takes a deep dive into what has made the “Texas Triangle” – Austin, Houston, San Antonio and Dallas – the cornerstone of economic success in the U.S. With a job-growth rate three times that of New York City and five times that of Los Angeles, a hurricane and an oil slump can’t slow Texas.

To view the San Antonio Express-News article, click here.

Posted by: In: Industry Insights 27 Jul 2017 0 comments

The fastest growing economy in the U.S. belonged to the Lone Star State in the first quarter of 2017 according to a recent report from the Bureau of Economic Analysis. Strong factors associated with this growth are attributed to steady growth in the manufacturing and mining sector.

To view the CNSnews.com article, click here.

Posted by: In: Industry Insights 27 Jun 2017 0 comments

 

In a 15-year span, the Texas Triangle (Austin, Dallas-Fort Worth, Houston, San Antonio) increased in population by 41 percent, or about 5.3 million people. While many articles of this nature report on the state as a whole, Inman recently published a story specifically on the Texas Triangle. This four-city stretch is home to 53 of the state’s 54 Fortune 500 companies and seven of the state’s 10 biggest universities. A large theme of the story is despite the oil downfall, low cost of living and a fantastic work environment make anyone of these Texas cities a great investment for a family and business alike.

To view the Inman story, click here.

Posted by: In: Industry Insights 06 Jun 2017 0 comments

International commercial real estate investors put Texas at the top of their popularity list for 2016, according to the National Association of Realtors (NAR). The association recently launched their annual report on commercial real estate activity and Florida and Texas were the top states for international activity. NAR’s top economists stated that despite the slow recovery from the economic downturn, U.S. properties are a safe bet when compared to the rest of the world.

To view the Dallas Morning News coverage of the report, click here.

 

Posted by: In: Industry Insights 25 May 2017 0 comments

The Dallas Morning News recently reported on the U.S. Census Bureau’s ‘15 Fastest Growing Cities’ rankings and Texas cities dominated the chart. Texas had five cities in the top 10.

1. Conroe

2. Frisco

3. McKinney

5. Georgetown

9. New Braunfels

Additionally, only two states had more than one city represented in the rankings with Florida taking the other spot.

To read the full Dallas Morning News article that covered the report, click here.

Posted by: In: Industry Insights 24 May 2017 0 comments

As population and job volume continues to steadily increase in Houston, so does investment for retail, according to a new report from online real estate marketplace, Ten-X. The Houston Chronicle featured the report in an article stating that only Miami and Fort Lauderdale have stronger retail numbers, with strong population growth as the major driving factor

To read the full Houston Chronicle story, click here.