Tag Archives: Houston
Dallas’ Real Estate Future? Perhaps We’ll Be Paving Golf Courses For Tract Homes Like They Do in Katy
I stumbled across this interesting bit of news that a new development just west of Houston in Katy will put 440 new tract homes on top of a 242-acre golf course.
Sacrilege? Considering the dearth of available land in the tony suburb, perhaps not. Continue reading
Good Luck Finding a House! Forbes Ranks Dallas as Third-Fastest Growing City Behind Houston And Austin
As Candy already mentioned, pre-owned inventory is scary low, which is driving prices up for Dallas properties. Sure, demand means a seller’s market, but what about all of the folks that are either being born or moving to Dallas? That’s putting our housing market in a tough spot! Several big corporations have moved to Dallas in recent years — Comerica Bank being one of the largest — which has made move-in ready pre-owned homes sell like hotcakes. Continue reading
Houston House Porn: Texans Not In Superbowl, Linebacker Brian Cushing Unloading $1.3m Missouri City Mansion
Yeah, yeah yeah: the Houston Texans were bounced from the playoffs by the New England Patriots, saving their fans a trip to NOLA. Then the Patriots were trounced by Baltimore. All I know is, our Texas real estate market trumps both of them. You sure won’t find a five bedroom waterfront mansion in Boston or Baltimore for $1.3 million, no sir. Of course, you might find one in Dallas, but that’s another story. Tony Romo is still living in Cottonwood Valley.
We Have the Best Seat in the House When it Comes to Real Estate, but Houston’s Getting Front Row Seats & Cali’s Crashing
Or it’s HOUSTON, honey, not HARVARD. Wanted you to see this week’s post in Culturemap Dallas. From time to time, I will be giving these brilliant folks — did you know Eric Celeste is over there, now, too? — a wrap of local market conditions and of course, weekly House Porn. I’m so happy we are in Texas, what Joel Kotkin includes in the Rise of the Third Coast. While any good Dallasite hates to defer to Houston as the next mega-anything, I actually think we can benefit from it. As you know, the traffic at Starbucks Highland Park Village carries almost as much economic clout as a Sand Hill Road brokerage firm. And when I mentioned in passing today that a lot of Californians are moving here thanks to what happened a couple of Tuesdays ago I (I know of two fresh ones, one of whom has a child at SMU who intro’ed them to Big D), I was told: you ain’t seen nothing yet, sugar plum. Indeed, Joel says that
This is one of those “Thank God we live in Texas” days. Yep, ran across this nugget from Forbes.com on the cities with the most construction: if construction starts are a leading economic indicator, then we are in hog heaven. Three Texas metros are leading as far as construction starts and made it on the top twenty: Dallas, Houston, San Antonio. Dallas, no surprise to anyone, is number two right behind New York City with $9.5 billion yes billion with a b in new construction starts. Houston was number four, number five was Washington, D.C. and that dosn’t count because it’s all our tax dollars at work, number six is Chicago which is my home town and pretty perky last time I was there, but it’s also benefitting from the largesse of President Obama right now:
No wonder the home builders all want to come here. No wonder everyone is moving here. A report out today from a major researcher housing indexer says we have one of the lowest home foreclosure rates among major U.S. cities.
Found this on the fun Houston Real Estate blog called Swamplot, one of my favorites, and to whom I look for inspiration. This gorgeous photo really shows the home, and the owner, at their very best, don’t you think? What’s that saying: you snooze, you loose?