What thrived during the Texas coast recession is a story how two developers came out smelling like a rose. This study is about the lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms to hit the Texas coast in history. A silver lining from the unfortunate times the region experienced from 2008 to 2012, and a … [Read more...] about What thrived and dived during the Texas coast recession?
Corpus Christi is seeing explosive economic growth from Eagle Ford Shale. More than $3.8 billion in projects are under construction at the Port of Corpus Christi, with $12 billion more in the permitting phase. Projects include: A $10 billion Cheniere Energy Inc. natural-gas liquefaction plant, handling shale product. Trafigura is undergoing a $500 million expansion of … [Read more...] about Corpus Christi Sees Eagle Ford Shale Benefits
The annual National Association of Realtors’ (NAR) survey measuring the level of sales of U.S. residential real estate to foreigners shows that international clients bought an estimated $92.2 billion in residential real estate. That’s approximately 7 percent of total U.S. existing home sales of $1.2 trillion. Of that, $46.7 billion is attributed to Type A clients and $45.5 … [Read more...] about International Homebuyers Bring $11 Billion to Texas Economy
Texas Real Estate Center 2014 International Home-Buying It’s time for the annual National Association of Realtors’ (NAR) survey measuring the level of sales of U.S. residential real estate to foreigners. There were 3,547 respondents to the 2014 survey, almost 200 more than last year. The survey was conducted from April 14 to May 14, 2014. Information was gathered from … [Read more...] about International Home-Buying Activity in 2014
While the primary real estate market still struggles to gain traction, market factors actually favor a smaller segment of the industry: vacation homes. The reason, according to Brian Sharples, CEO of HomeAway, is the typical buyer – individuals who are nearing retirement and have the income and assets to qualify for today’s historically low mortgage rates. In fact, baby … [Read more...] about Vacation Rental Second Homes a Dream or Income Stream