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...
Tag : West Texas Intermediate
Major Lease Fills Some Office Space in Energy Corridor
HOUSTON – The Energy Corridor office market of Houston, which has been sliding in recent months as prices for West Texas Intermediate crude fell sharply,...
Bulletproof: Despite Oil Crash, Texas Home Sales Surge in First Quarter; Inventory at All-Time Low
AUSTIN – The Texas residential markets remained immune to the drastic fall in oil prices, as the Lone Star State posted exceptionally strong home sales...
Dateline Houston: When Oil Dropped Below $50, Some Investors High-Tailed-It Out of Town; But German Investor Martin Bruhl Bought a $440 Million Tower on Main Street
HOUSTON – A compelling investment story can be told in Energy Capital of the World, even with oil at $50 a barrel, says Martin Brühl,...
50 Proposed Multifamily Projects Killed or Postponed in Houston in Wake of Oil Crash
HOUSTON – Developers have shelved plans to build some 50 multifamily projects in Houston, where a sharp drop in oil prices has dampened the local...
CoreNet Panel: Sublease Space Coming to Houston Office Market, Where Spec Projects are Over
HOUSTON – Energy companies are putting sublease space on the market in Houston where an oil price collapse has derailed the expansion plans for a...
Houston Gains 125,000 Jobs – Best Job Growth Since 1981
HOUSTON – Don’t write off the Houston economy just yet. Demonstrating the healthiest hiring pattern in 33 years, Houston created 125,300 jobs in the last...
Comerica: Low Oil Prices Create an Economic ‘Sea Change’ and 11 Percent Drop in Housing Starts to Houston
HOUSTON – Significantly lower oil prices represent “a sea change” in the Houston economy and will bring about a weaker commercial real estate market and...
Two Energy Firms Lease Office Space in Houston, Where Falling Oil Prices Pose Questions
HOUSTON — Parkway Properties has announced two Houston office leases to energy-related firms, reducing the potential for empty space in its Houston portfolio. “These two...
Layoffs to Hit Houston Energy Industry as the City Braces for a Fall from Job-Growth Leadership Position
HOUSTON – Layoffs will hit Houston’s energy industry in 2015 as lower oil prices dampen the economy in Houston, which is known as the Energy...