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Metro Houston added nearly 1.3 million residents between ’08 and ’18, a 22.3 percent increase. A little more than half the growth came from migration, a bit less than half from natural increase. Metro Houston created 81,900 jobs, a 2.7 percent increase, in the 12 months ending August ’19, according to the Texas Workforce Commission (TWC). […]
HOUSTON (BISNOW) – September 24, 2019 – Houston ranked 42nd in the nation in a new survey of the markets with the best real estate prospects. But Houston is one of the few markets where real estate investors’ perception may not be reality. Houston fell from last year when it ranked 37th in The Emerging […]
DALLAS (Federal Reserve Bank of Dallas) – August 20, 2019 – Texas employment will grow 2.6 percent this year, according to the Texas Employment Forecast by the Federal Reserve Bank of Dallas. Based on the forecast, the state will add 331,100 jobs this year. Employment in December 2019 will reach 12.9 million. This prediction comes […]
HOUSTON (BISNOW & JLL) – August 12, 2019 -Mixed-use is taking hold in Houston. The success of CityCentre, and more recently Kirby Collection and the River Oaks District, has increased the demand for projects that embrace the live-work-play mantra. More than 20 mixed-use projects are under construction, planned or recently delivered within the Inner Loop […]
HOUSTON (BISNOW) – August 8, 2019 – Absorption came in strong for the second quarter at 684K SF; however, it was counteracted by the delivery of 754K SF of office space in the Bank of America Tower in Downtown Houston, according to Transwestern. “The recovery has been a lot slower than we thought it would […]