Colliers: Office Vacancy Soars in Houston Suburbs
HOUSTON – Houston’s office vacancy rate jumped sharply in the second quarter, jumping to 16.2 percent, up from 14 percent in the second quarter of...
Tag : layoffs
Best September Ever for Houston Home Sales
HOUSTON – In the strongest September on record, the Houston Association of Realtors reported 6,691 single-family homes were sold in September, a 3.5 percent increase...
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...
Despite Oil Crash, July was Best Month Ever for Houston Home Sales
HOUSTON – July was the best month ever for home sales in Houston, despite the economic woes generated by the decline of the energy industry....
Office Tenants Getting Free Rent in Houston
HOUSTON – Landlords are offering free rent in many office leases in Houston, where a contraction in the energy industry has created softness in the...
Houston Gained 57,000 New Jobs in Last 12 Months
HOUSTON – Houston has gained 57,000 new jobs over the last 12 months, including 4,300 new jobs in June alone, the Texas Workforce Commission reported....
Houston Office Market Feels 2nd Quarter Pain Due to Energy Fallout
HOUSTON – Troubles in the energy industry ripped the Houston office market in the second quarter as the pace of leasing slowed and vacancy rates...
The Texas Real Estate Market Has Not Withered Away
A word on the Lone Star State: The Texas real estate market has not withered away following the remarkable decline in oil prices over the...
Energy Corridor Building to Fetch Record-High Price
HOUSTON – A new office building in Houston’s Energy Corridor is expected to sell for a record-high price, despite the recent collapse in oil prices...
With Track Record for Accuracy, Marcus & Millichap Forecasts 50,000 New Jobs for Houston
HOUSTON – Marcus & Millichap, which has a track record for accurate economic forecasting, is projecting Houston will gain 50,000 new jobs in 2015. While...