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Rising Interest Rates and Housing Stock

“Rising rates both encourage people to list their homes before the rates climb too high and discourage people from listing their homes—the difference lies in why owners are selling, First American’s Mark Fleming tells GlobeSt.com.” This story was written about Irvine, California..but I think it applies just about everywhere right now.  What are your thoughts?… Read more

So You Want to Buy a ZOO!! I got a ZOO for You!

Lions, and Tigers and Bears!   Don’t know about the bears, but the zoo is home to giraffes, kangaroos, alligators, ostriches, zebras, white rhinoceroses, gaur cattle, ring-tailed lemurs, Bactrian camels, Pere David deer and addaxes. Bayou Wildlife Zoo in Alvin, Texas, 80 acres, for $7 million.  You can have your very own wildlife park/zoo. Don’t you… Read more

NEW LIFE for Distribution Center in La Porte, Tx.!!

Houston-based Hines (NYSE: HIRT) made a substantial investment in its hometown with the acquisition of the Underwood Distribution Center and three development parcels in the southeast Houston suburb of La Porte, TX from BlackRock (NYSE: BLK). Terms of the deal were not disclosed. Read more: http://www.costar.com/News/Article/Hines-Acquires-22-Million-SF-Underwood-Distribution-Center-in-La-Porte/189995   By James Saris April 7, 2017

Surveys Show Optimism for Commercial Real Estate for 2017

Surveys: CRE Leaders Optimistic About ‘Continued Boom’ in US Property Market Through 2017 and Beyond Despite Economic and Regulatory Uncertainties, Most See Continued Growth in US Debt and Equity Markets By Randyl Drummer February 1, 2017 Email Print A pair of new surveys point to continued favorable market conditions for US commercial real estate this… Read more

Optimism Returning to Energy-Depressed Property Markets

As Houston Plays Host to Super Bowl, Optimism Returning to Energy-Depressed Property Markets Houston, Upper Midwest, Canadian Markets Still Have a Lot of Catching Up to Do By Mark Heschmeyer February 1, 2017 Email Print As Houston prepares to host Super Bowl LI this weekend, the self-proclaimed “Energy Capital of the World” is seeing early… Read more

US Multifamily Homes Continue Historic Run

Apartment, multifamily homes are still in high demand and continue to be built…and SOLD!! all over the nation.   This is a good read…especially if you have investors looking for multifamily homes. http://www.costar.com/News/Article/Apartment-Demand-Rental-Rates-Hold-Steady-Against-Unprecedented-Supply-in-Healthy-But-Slowing-Apartment-Market/186565 Credit: Randyl Drummer CoStar  

How Will Trump’s Presidency Impact the Commercial Real Estate Industry?

Well, the election is over and the people have spoken.  Whether you agree or disagree with a Trump presidency, lets see what some of the predictions are for the commercial real estate industry from the National Real Estate Investor website. Click below to see full article. http://nreionline.com/finance-investment/how-will-trump-s-presidency-impact-commercial-real-estate-industry?NL=NREI-21&Issue=NREI-21_20161110_NREI-21_391&sfvc4enews=42&cl=article_1&utm_rid=CPG09000005649665&utm_campaign=7559&utm_medium=email&elq2=8495814f8a084d60ab79034fed516b1b#slide-0-field_images-1965161 Credit: National Real Estate Investor

Residential Development is Booming in Baytown!

Residential development is booming in Baytown! As oil refineries and petrochemical companies take advantage of low crude oil prices, demand for new homes and apartments is growing in the east Houston suburb. Click on the website below to read all about it! http://www.bizjournals.com/houston/news/2016/11/21/one-of-the-last-major-multifamily-zoned-tracts-in.html   Credit: Paul Takahashi Reporter Houston Business Journal

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