t2 Blog

Residential Lot Prices Hit Record High

  The National Association of Home Builders reports that Lot values in the West South Central region, which includes Texas, have more than doubled since the last housing boom in 2006-2007.  As of 2018, half of the lots in the West South Central division sold for more than $62,000, 25% above the national median lot value for single-family spec homes…read more →

Trump 2020 Budget to Lower Crop Subsidies for Insurance Premiums

President Trump’s newly released budget for 2020 includes a 15 percent funding drop for the Department of Agriculture. The plan would trim the USDA budget by $3.6 billion to $20.8 billion, lowering subsidies for crop insurance premiums to 48 percent from 62 percent, and limiting subsidies for growers who make less than $500,000 annually. The president is seeking one of…read more →

Solar Farm Divides a Ranching Community

Article by L.M. Sixel , Houston Chronicle A proposed 1,100-acre solar farm with as many as 450,000 solar panels has divided residents in Van Zandt County. Some local land owners welcome the thought of receiving $450 per acre rent for forty years, while others see the project as an eyesore. Solar is the fastest growing source of electricity in Texas, with its…read more →

New Texas Law May Make It ‘Almost Impossible’ For Cities To Annex Land

New Texas Law May Make It ‘Almost Impossible’ For Cities To Annex Land

A new law went into effect Friday that requires Texas cities to get voter approval before annexing an area FLORIAN MARTIN  POSTED DECEMBER 1, 2017, 5:23 PM   Houston Public Media Pearland is one of several Texas cities that appeared to quickly annex areas in their extraterritorial jurisdiction, or ETJ, right before a new law established by Senate Bill 6 took effect. The…read more →

A Defense Of Houston: Local Experts Say Land Use Not to Blame For Harvey.

Full Article by Kyle Hagerty, Bisnow Houston During Hurricane Harvey, the Houston area was pounded with an entire year’s worth of rain, 27 trillion gallons, in just four days. Despite rainfall that shattered every record, many outside experts and national news media organizations are lobbing severe criticisms toward the city for its decades-long expansion. The Atlantic’s Ian Bogost is calling Houston’s flooding…read more →

How The Amazon-Whole Foods Combination Will Impact DFW’s ‘Big Game’ In Grocery Shopping

BY LILY CORRAL and D Magazine While it’s hard to say exactly what an Amazon-owned Whole Foods shopping experience will be like, you can be sure that all eyes will be on the effects of this proposed retail combination. The dust is now settling after Amazon’s June 16 announcement that it wants to buy Austin-based Whole Foods Market for $13.7 billion. And,…read more →

Lack of Attainable Housing Stymies Millennial Generation. Houston Cranking Out Entry Level Homes.

Why many would-be home buyers are renting — for now Here’s the good news: Income growth among 25- to 34-year olds — the millennial generation — grew 5.6 percent last year. And first-time homebuyer loans are up. Millennials are buying homes and debunking the myth that they don’t want to be homeowners. High student loans are beginning to fade in…read more →

D-FW home prices top national median for first time in Realtors’ survey

By Steve Brown and the Dallas Morning News The Dallas-Fort Worth area had one of the biggest home price increases in the country in the first quarter. D-FW median home sale prices were 12.6 percent higher than in 2016, according to the National Association of Realtors quarterly home price survey. The Washington-based trade group looks at 178 U.S. metropolitan areas…read more →

Houston developer Hines revitalizing acres of North Dallas into high-end community

Photo courtesy of Dallas Morning News and Nathan Hunsinger/Staff Photographer) Article by Steve Brown and the Dallas Morning News You may need a map to find one of the biggest new home communities being built in North Dallas. Just a couple of blocks north of Presbyterian Hospital on Meadow Road, the 300-home residential development is going up in a neighborhood once…read more →