​AUSTIN – The Texas Real Estate Commission this week passed amendments to rules regarding both broker responsibility and response times. The commission increased the minimum number of times a broker must assist and coach a sponsored agent conducting a new type of brokerage activity from one to three times. Also, the Obligation to Respond Timely rule […]

​​​FORT WORTH – Local new development has slowed, building permits show. According to the latest Development Activity Report, the number of building permits is 19 percent lower than this time last year. Multifamily building permits are 82 percent lower. Single-family building permits are 41 percent lower.  Overall, nonresidential building permits are 49 percent lower than last year. read more…

​AUSTIN – Suburbs still offer refuge from the big city and, according to a new study, even the most expensive markets usually have less-expensive options for those willing to commute.   Point2 looked at the 20 most populous and most expensive U.S. cities and mapped all 777 suburbs that are within a 30-mile driving distance from […]

​​DENISON – A 3,100-acre residential development was approved for the south shore of Lake Texoma. ​ The $4 billion Preston Harbor will have more than 7,000 residential units—both single-family homes and multifamily. It will include a hotel, resturant, and marina. The developer is Craig International, partnered with David Johnson of Horizon Capital Partners and Aimbridge Hospitality.  Development is expected to […]

​​​SAN DIEGO – Here’s some good news not only for bees, but also for Texas landowners: online lawn care information site Lawn Love has ranked the Lone Star State as the fourth best state for beekeeping. Here’s how Texas stacked up in the study’s key metrics: fifth in total annual colony loss, third in value […]

​​​​​​MESQUITE – Lowe’s has leased 78,000 sf in the Landmark at Meadows business park for new distribution space. The warehouse space is on Meadows Blvd. off US 80. The lease was negotiated by Jones Lang LaSalle. Lowe’s is the first tenant in the 139,319-sf building. The Landmark has two buildings and more than 350,000 sf. It is owned by Florida-based Landmark […]

​LANCASTER – Construction begins in July on additions to a $70 million bottling plant that will create 70 jobs. Niagara Bottling LLC’s more than 1.2 million-sf industrial project will be on 70 acres at 1535 E. Belt Line Rd., south of I-20. New details about the development were filed with the state this week saying the $13 million building will […]

​​CONROE – A long-anticipated $107 million hotel and convention center is scheduled to open May 25. The Hyatt Regency Conroe, at 1001 Grand Central Parkway, is within Johnson Development’s Grand Central Park master-planned community near I-45 and Loop 336. The hotel would be one of the only so-called upper-upscale, full-service hotels in Conroe outside of a resort, with […]