Houston leaders discuss a proposed anti-hoarding ordinance relating to hoarding and related behavior. The vote was delayed, but Mayor Annise Parker says it's a problem that is not unique to Houston."This is an issue that had been popping up over and over again, and we have worked with mental health professionals. We've worked with police through the Department of Neighborhoods to in...
By 2039, commercial real estate is expected to be thriving. But over
the next 25 years, it will be greatly influenced by changes in
demographics, technology, globalization, and economic and environmental
realities, according to CNBC.
Commercial practitioners gave CNBC several “bold” predictions for the U.S. commercial real estate sector by 2039:
The fading away of shopping mal...
An old Levi Strauss jeans factory at 1359 Lomaland is being redeveloped by new owners. The
95,000-sf property on 14 acres is in the midst of a multimillion-dollar
remake by Heritage Group and Cooper Companies. About half of the
property has already been renovated and has tenants. A call
center for Apogee Retail, the operating company of the Savers family of
thrift stores, is already hous...
More luxury home owners are renting out all or part of their sizable
dwellings for reasons such as finding someone to watch their pets or to
help pay the bills.
A Demand Institute survey of more than 10,000 home owners and renters
nationwide, released last month, reveals that 5 percent of respondents
in all markets and 7 percent in the most affluent markets were living
with an unr...
The number of renters who spend more than half their income on housing is at its highest level in half a century, according to a Harvard University study.About 26 percent of renters — or 10.1 million people — spent more than half their pre-tax household income on rent and utilities, according to the study. Most experts recommend renters spend no more than 30 percent of their in...
Sparefoot, a storage unit company, recently released a list of the
top “boom towns for apartments,” basing its rankings on factors such as
the availability of apartments as well as economic and population growth
in the 100 most populated metro areas. The company culled data from the
U.S. Census Bureau and U.S. Bureau of Economic Analysis.
According to Sparefoot’s analysis, these cities ar...
The 2017 Super Bowl not only will drive thousands of football fans to
Houston, it will put a hard deadline on projects from office and hotel
construction to a light-rail extension, a local developer said
Ric Campo, CEO of Houston-based
Camden Properties and chairman of the Houston Super Bowl bid committee
that successfully lobbied the NFL for t...
Green commercial buildings are more profitable, nabbing higher rates, boasting higher occupancies, and attracting more investors, according to Capital Markets Partnership, a nonprofit coalition of investment banks, investors, and governments. As such, CMG plans to jump-start a secondary market to buy and sell green building securities for all types of buildings, Forbes reports. The group has ...
Property investors nowadays are more willing to pay cash or make a large down payment as they seek to get in on real estate deals for renting or flipping, according to a recent article at Realty Times.
These investors are eyeing real estate as a better investment than money market funds or stocks.
Julie Wyss, a short sale and luxury home specialist in Silicon Valley, Calif., offers s...
Use the search engine on my website for the most current list of residential leases in your preferred area. This list changes frequently. You will need to be no more than 30 days from your preferred move-in date. Please call for an appointment and I will be happy to email you the rental application forms.The application fee is normally $35-$50 per adult but can vary depending on...
The commercial real estate market continues to rebound, with sales
volume rising 8 percent in the fourth quarter compared to a year ago,
according to the latest Commercial Real Estate Quarterly Market Survey by the National Association of REALTORS®.
Sales prices rose 1 percent on a year-over-year basis, according to
the report. Cap rates averaged 8.7 percent during the fourth quarter.
Thousands of single-family homes are being built to rent rather than sell, The New York Times reports. More home builders and investors see it as an income-generating investment at a time when the pool of first-time home buyers is shrinking.
The percentage of homes built specifically as rentals was 6.2 percent in 2012 — a record high, according to Census Bureau figures.
For example, in the...
A popular child’s prayer states, “If I should die before I wake. . . .”
As adults, humans tend to avoid the subject of death, particularly their
own. A noted attorney, however, not only encourages Texans to
contemplate their own mortality but says it’s necessary to ensure the
related paperwork is in order.“A little advance planning can
save your loved ones unnecessary grief when you die,...
Taking advantage of an increase in home owners-turned-tenants, apartment landlords are raising their rents and expect to continue to do so.Vacancies are at lows and developers are trying to rush projects of multifamily housing to meet the increased demand from renters, but continued constraints on lending has put the brakes on many projects, particularly in smaller markets. "I'm optimistic about t...
The words investment property typically brings some interesting thoughts and images to the mind, such as those whacky infomercials, house flipping shows, and other cheesy people/topics. However, the reality is that most investors aren’t on crazy infomercials and don’t get in yelling matches with partners over flipping houses. These are the things that the media portrays in order to increase v...