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AUSTIN (Texas Realtors) – March 31, 2020 – Today, Gov. Greg Abbott issued an executive order setting a statewide standard for essential services that may continue to be provided, including residential and commercial real estate. Read Gov. Abbott’s order that utilizes the U.S. Department of Homeland Security’s guidelines for identifying essential services, which includes real […]
HOUSTON (NAI Partners) (From Texas A&M Real Estate Center) – March 3, 2020 – Local retail occupancy was 94.3 percent in January, down 10 basis points from this time last year, according to NAI Partners. Of the 3.2 million sf currently under construction, about 66 percent has been leased. The market recorded 532,493 sf of […]
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 […]