Despite low oil prices, Mexico will move forward on pipeline initiatives that will impact the Eagle Ford in Texas. Jumping on the opportunities afforded by the new energy reform measures, the state power company (CFE) has initiated an aggressive construction campaign that includes $3.3 billion to be spent on 12 natural gas and electricity projects. The state power company … [Read more...] about Oil and Gas Pipelines Cross Texas-Mexico Border
Construction continues to steam along in Port Aransas. City records show development moving at a brisk rate. Port Aransas is “a solid, healthy market with willing sellers and willing buyers,” Local Developer Lorette said. “These are individuals, people wanting to have a part of Port Aransas and come and enjoy it”. Many buyers are longtime Port Aransas residents who see a … [Read more...] about Construction booms across Port Aransas
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?
On Nov. 10, 2014, Fannie Mae published an update to its lender selling guide to improve and streamline its condo project approval process. The comprehensive changes have already been made to allow for immediate implementation, but will be updated in Fannie Mae's Condo Project Manager in March. Some of the changes: Consolidation of Condo Project Manager and Full Review … [Read more...] about Fannie Mae Streamlines Condo Approval
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