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Seven Predictions for the Remainder of 2019

HOUSTON – (By Ralph Bivins, Realty News Report) – The first quarter draws to a close. 2019 pours out of the hour glass even though it seems like New Year’s Day was only yesterday. Nevertheless, the first quarter will be gone in about two weeks. So it’s time for a few predictions for the remainder of the year. PREDICTION ONE: 2019 ... Read More »

Transwestern’s Johnson: Obamacare Reform Uncertainty Not Slowing Medical Real Estate

HOUSTON – The “repeal and replace” Obamacare health insurance discussions under the Trump administration have not slowed down activity in the healthcare industry, says Eric Johnson, national director of Transwestern’s healthcare advisory group. Johnson made the observations at the recent Texas Healthcare Real Estate 2017 conference in Houston. A panel discussion on healthcare real estate included Alan Whitson, president of ... Read More »

Daikin Adds 1,000 Employees to Hiring Plan at New 4 Million SF Factory in Houston

(By Dale King) HOUSTON – The massive 4 million-square-foot Daikin Industries air conditioner and furnace factory under construction in northwest Houston will eventually have 5,000 employees – 1,000 more employees than what has been previously announced, a company spokesman said. Daikin Industries, says the facility – which will be the largest tilt-wall building in the world – will be completed ... Read More »

Thank You From Realty News Report – and Happy Thanksgiving

Realty News Report extends a word of thanks to our many readers, friends and supporters at this Thanksgiving holiday. This has been a great year for Realty News Report. We’re thankful for our many new readers and sponsors – and also for those who have been with us for a while. We’ve received a lot positive feedback on our e-newsletter ... Read More »

Oil and The State of the Houston Office Market: The Q&A with Kevin Roberts of Transwestern

Beginning with Allen Brothers who founded the city,  Houstonians have been an optimistic bunch.  In recent years, since the end of the Great Recession, energy and real estate entrepreneurs exuded boundless optimism about Houston – and with good reason. With the price of a barrel of West Texas Intermediate crude rising to triple digits, the sky seemed to be the ... Read More »

Best August Ever for Houston Home Sales, Despite Last Month’s Plunging Oil Prices

HOUSTON – The Houston Association of Realtors reported 7,454 single-family homes were sold last month – the best August on record and the eighth best month ever for the city’s housing market. Sales so far this year indicate that homes are selling at the nearly same pace as last year –an impressive rate considering that 2014 was the best year ... Read More »

Houston’s Energy Corridor: The Scariest Office Market in America

HOUSTON – There may be some scarier places in The Universe than West Houston’s Energy Corridor office market. But there aren’t many. On Monday, a big decline in oil prices, with West Texas Intermediate crude dropping to near $45 a barrel, cast an even darker shadow on the Energy Corridor. Since the beginning of the year, energy firms have slashed ... Read More »

Q&A: Third Palm Capital’s Exclusive Interview with Realty News Report

MIAMI – Third Palm Capital is undertaking a billion-dollar mixed-use development in Houston’s Energy Corridor in one of the nation’s strongest growth regions. The Texas Triangle – a heavily populated swath of Texas bounded by Dallas, San Antonio and Houston – holds a great allure for long-term development possibilties, said developer Cameron Graham, executive vice president of Third Palm. Graham, ... Read More »

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