Resources
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San Antonio tops U.S. as 2nd most active real estate market within the last decade
Anew report has discovered Texas cities hold the top five most active real estate markets in the country, with San Antonio landing in No. 2. The study by storage marketplace StorageCafe reflects the city's resiliency over the last decade after a recent reported plummet in San Antonio's quality of life.
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Houston Apartment Rents Continue To Grow While Other Texas Metros Falter
Houston’s multifamily rental rate grew a modest 1.3% over the last 12 months, a Market Line Report from MRI Software’s ApartmentData shows. But the Dallas-Fort Worth area’s rental rate decreased by 0.9%, San Antonio’s decreased by 1.2% and Austin’s decreased by 3.9%, the report indicates.
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Walker Webcast: Peter Linneman Sees Light at End of Interest-Rate Tunnel
The July 12 quarterly appearance by commercial real estate economist Peter Linneman on the Walker Webcast coincided with the release of data showing that the Consumer Price Index reached a two-year low in June, a sign that inflation is being tamed. Nonetheless, Walker & Dunlop CEO Willy Walker quoted CNBC host Steve Liesman, who reported that 92% of those polled by the network expect the Federal Reserve to resume increasing the federal funds rate later this month, following last month’s pause.
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'Demand Is Coming' For EV Charger Adoption. Multifamily, Office Properties Need To Get Ready
Lagging far behind places like Europe and China in electric vehicle adoption, owners of U.S. multifamily and office real estate need to make up for lost time as sales projections grow steadily.
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Texas Neighborhoods Witness Doubling of Apartment Inventory in the Past Decade
The surge in new apartment developments is sweeping across the United States and Texas, with certain areas experiencing extraordinary growth. Texas, in particular, has seen significant apartment development, with more than half of the 23 U.S. submarkets that have doubled in size over the past 10 years located in major Texas markets.
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NMHC: Insurance Costs for Operators Up 26% Over Past Year
Owners, operators and developers of rental housing have been hit hard by dramatically rising insurance costs, the National Multifamily Housing Council said Monday. Insurance costs have risen by an average 26% over the past year for respondents in NMHC’s 2023 State of Multifamily Risk Survey and Report.
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Houston Energy Company Moves to Energy Corridor
Houston-based Diamond Offshore Drilling moved from its longtime headquarters at 15415 Katy Freeway, and has signed a noteworthy lease at One Eldridge in the Energy Corridor. Diamond Offshore spent 33 years at its former location at 15415 Katy Freeway before moving into 62,000 square feet at its new office at 777 N. Eldridge Parkway.
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‘Interesting sisters’: How architects of Fields West in Frisco compare it to Legacy West in Plano
Don’t think of the Fields West mixed-use community under design and development in Frisco as a twin project to the thriving Legacy West Urban Village 10 miles south on the Dallas North Tollway in Plano. Think of them more as "interesting sisters," the executive architect on both high-profile projects suggests.
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Asian Investors Are Now The Dominant Force In Real Estate Capital Raising
If you want to raise money for a new real estate fund, get on a plane to Asia. For the first time on record, Asian investors were the largest source of capital for real estate funds globally in 2022.
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A move from California to Texas could save a million dollars. Many Americans are opting in.
In 2021, it was the most popular interstate move in the country, with 111,000 people – or 300 people a day – headed to the Lone Star from the Golden State, a whopping 80% increase compared to 2012, according to an analysis of U.S. Census and IPUMS data by StorageCafé.