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REAL ESTATE CENTER Texas A&M (Luis Torres, Wesley Miller, Paige Silva, and Griffin Carter) – Feb 14, 2020 Texas Population grew by 367,215 or 1.3% compared to 0.5% for the rest of the nation. Texas was 1st in the country in terms of absolute change. Texas Non-Farm Employment added 309,700 jobs exceeding national groth by […]
US (CoStar) – February 13, 2020 –Foreign investment in U.S. real estate dropped significantly last year, falling to its lowest level in five years. Foreign investors participated in $37.8 billion in deals in the U.S. last year, down 42% from 2018, according to CoStar data. Foreign investor purchases accounted for just 5.4% of last year’s […]
AUSTIN (Texas Realtors) – January 25, 2020 – Texas ranked second in the nation for relocation activity in 2018, according to Texas Realtor’s 2020 Texas Relocation Report. According to UHAUL, Houston holds steady as the No. 1 U.S. Destination City according to the latest U-Haul migration trends report, staking its claim to the top spot […]
HOUSTON (REBusiness Online) – January 10, 2020 – At the end of the year, a record-high 19.1 million sf of industrial space across 112 buildings was under construction in the metro, according to Avison Young. Year-end vacancy stood at 6 percent, and two million sf was absorbed in the fourth quarter. Four of the five […]
HOUSTON (CoStar-Justin Boyar) – December 23, 2019 – In Houston’s Galleria-Uptown submarket, more than 80% of office net absorption since 2010 occurred in five-star product, the highest classification of building. The area’s four five-star rated buildings were 7% vacant as of last quarter, versus 19% vacancy for the submarket’s 31 four-star buildings. This signifies potentially pent-up […]