WASHINGTON – Texas personal income increased 34.1 percent at an annual rate in second quarter 2020, an acceleration from the 2.4 percent increase in the first quarter, according to the U.S. Bureau of Economic Analysis. Increases in personal current transfer receipts more than offset decreases in earnings and property income. The increases in transfer receipts include new government […]
AUSTIN – With Texas’ unemployment rate falling to 6.8 percent, Texas will no longer have access to additional unemployment insurance benefits that would have kicked in after benefits under the Coronavirus Aid, Relief, and Economic Security (CARES) Act are exhausted. Provisions under the CARES Act will continue until Dec. 26, 2020. The High Unemployment Period (HUP) is […]
Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the health crisis swept our nation, and […]
SAN ANTONIO – A partnership between Industrial Group Southwest and 18 Squared GP is developing two industrial warehouse projects. Ball Street 3 at 9710 Ball St. will have suites ranging from 3,300 to 6,000 sf. The 150,000-sf South Park 2 will be at 7030 Old Pearsall Rd. The Real Estate Center has more on San Antonio’s office market: […]
TEMPLE – H-E-B is expanding its distribution center at 4750 Wendland Rd. The expansion will add 250,000 sf, bringing the property to over one million sf. Construction will begin by the end of the year and wrap up in 2021. The Real Estate Center has more news like this: Killeen-Temple real estate news Texas Quarterly […]
AUSTIN – Greystar has purchased Regency Park Apartments, a 528-unit apartment community at 401 Little Texas Ln. Built in 2002, the property has one- to three-bedroom units. Amenities include a fitness center, business center, dog park, volleyball court, clubhouse, and two pools. Newmark Knight Frank arranged the sale. The Real Estate Center has more news like […]
MAGNOLIA – Magnolia JV as acquired 872 acres in Montgomery County for a single-family residential development. The tract is along the west side of FM 149, north of FM 1488. The seller was represented by Land Advisors Org. The Real Estate Center has more information on housing: Houston-area housing news Texas Housing Insight Houston-area housing […]
HOUSTON – Safespill has signed a full-building, 54,869-sf industrial lease at 1900 Crosspoint Ave. Built in 1981, the facility consists of 46,393 sf of warehouse space and 8,476 sf of office space. Transwestern represented the tenant. The landlord, Evtex Cos., was self-represented. Get more Houston-area industrial news on the Real Estate Center’s website: Houston-area industrial […]
Oh-my-latte! International Coffee Day is Sept. 29, and Dallas’ love for coffee continues to grow at a rapid pace thanks to a healthy line up of shops and cafés that cater to every coffee lover. From a simple pour over to an elegant lavender latte, you can rest easy…
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of […]
