Archive for 2019

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 →