t2 Blog

Dallas and Houston Ranked in Top 10 in US for Real Estate Development Sites

Beth Mattson-Teig wrote this article originally for National Real Estate Investor Land sales can be a fickle business. Prime development sites often disappear quickly, while other parcels can languish on the market for years waiting for the right buyer and use. Land sales can also be a good barometer to show what’s ahead for development pipelines and growth opportunities within markets. Annual…read more →

When Do You Need A New Survey in a Texas Real Estate Transaction?

Original article is from Candysdirt.com by Lydia Blair When it comes to property surveys, sometimes age is just a number. Sometimes it isn’t. Many folks think a survey is good indefinitely. Others believe a new one is required with every sale. Age isn’t the only factor in determining if an existing survey may be used for a real estate transaction. There are…read more →

Houston Construction Projects Jump in October

Summary of article in Houston Chronicle, by Katherine Feser  October was a good month for the Houston real estate development market.   According to Dodge Data & Analytics, October construction starts grew a healthy 51% over last year’s October.  At $1.7 billion, most of the gain was in the non-residential sector, with an increase of $736 million, up from $276 million in 2018….read more →

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 →