Houston Residential Real Estate report

The Highs and Lows of Today’s Houston Multifamily Market

Realtynewsreport.com interview Teresa Lowery, Senior Managing Director of Multifamily, Colliers International Houston. Houston’s multifamily market has seen better times. The sector’s pricing is weak, rent growth is close to disappearing and multifamily construction continues unabated. Free rent is being offered in some neighborhoods.  Can the situation get worse?  Or better? To find out where the multifamily investment market is headed, Realty…read more →

Mansion sale prices in heavy decline: oil rout hits Houston’s rich | Reuters

Prices for mansions in Houston’s swankiest neighborhood have tumbled in lock step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their jobs in the oil bust. A fancy restaurant offers cut-price dinners. Sourced through Scoop.it from: mobile.reuters.com See on Scoop.it – Texas Lots and Land

Stock market and oil price slide doesn’t dampen forecast for housing growth in 2016

LAS VEGAS – Look for an 18 percent jump in nationwide home starts this year. Gyrations in the stock market and fears about a possible recession aren’t likely to derail… Sourced through Scoop.it from: bizbeatblog.dallasnews.com Rosy predictions for the Dallas – Fort Worth housing market in 2016 despite oil price and stock market declines. See on Scoop.it – Texas Lots…read more →

Heaps of housing added to Houston and Austin markets in just a few years

The dawning slowdown in the Houston-area housing market arrives on the heels of a striking boom where homebuilders and apartment developers increased the housing supply by almost 10 percent in just a few years. Despite a recent increase in the supply of new homes sitting vacant in the Houston area, analysts remain upbeat about the overall health of the local…read more →