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Future Trends in Houston Real Estate: Q&A with Mark Sikes of Deal Sikes & Associates

Houston economy is moving toward a recovery as oil prices rise and activity ticks up in the oil fields. The city’s continued population growth creates traffic issues and pressures city leaders to consider public transit solutions. Many institutional investors spurn the Houston office market, which faces rising vacancy rates. Houston’s single-family market shows remarkable strength while upscale multifamily struggles. Real ... Read More »

Trends in Houston Real Estate Values: Q&A with Mark Sikes of Deal Sikes & Associates

Houston is in transition. Future growth and heavy traffic demand attention from the public sector and civic leaders. Meanwhile, the Houston’s real estate markets normalize after a robust run since recovering from the Great Recession.  With the energy industry in a slowdown, some say Houston’s office and multifamily sectors are overbuilt.  Real estate appraiser and consultant Mark O. Sikes constantly ... Read More »

Parks Can Give a 20 Percent Boost to Property Values, Valuation Firm Reports

HOUSTON – Parks and trails systems deliver significant value to properties near the public green spaces, a Houston valuation firm reports. “Properties located adjacent to one of Houston’s premier parks typically receive more than a 20 percent positive impact in value because of their proximity to these outstanding public spaces,” says Matthew Deal, principal of Deal Sikes & Associates. “Quality ... Read More »

South American Investor Buys Retail Center on Houston’s East Side

HOUSTON – The Fairmont Parkway Shopping Center has been acquired by a South American buyer, according to Transwestern. The 172,002-square-foot power center is located at the intersection of Beltway 8 and Fairmont Parkway in Pasadena, on the east side of Houston. Transwestern Senior Vice President Micha van Marcke; Director Paul Barile; Director Janice Sellis; and Chace Henke represented the seller, ... Read More »

Major Texas Estates Planned by Deal Sikes

HOUSTON – Deal Sikes & Associates, a Houston real estate valuation firm, completed estate portfolio evaluations involving over $1 billion in real estate for high net-worth families in 2014. The portfolios, owned by several affluent Texas families, included a variety of properties comprised of raw land, commercial buildings, urban tracts, multifamily, hotels and various residences. “Deal Sikes has provided valuation ... Read More »

Rotation 2015: Momentum Shifting to Suburbs

HOUSTON – The Inner Loop and urban parts of Houston have been on a roll for several years. Construction cranes have been prominent on the skyline as new office buildings and high-rise residential towers have been going up. There are exceptions, of course, but Houston growth patterns are shifting. The new hot zones are going to be in Houston’s suburbs ... Read More »

DATELINE HOUSTON: Oil Prices and Real Estate

HOUSTON – Texas real estate will be unscathed by the significant decline in oil prices this fall, although the topic is getting a lot of buzz in Houston, known as the “Energy Capital of the World.” Oil prices are a sensitive topic here. Houston was the place where the battle cry of the business community once was “$90 in ‘90” ... Read More »

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