Posts Tagged ‘ Texas ’

Texas Waterfront Condos on Lake Travis to Sell at Real Estate Auction

Oct 23rd, 2008 | By RT Staff | Category: Real Estate Auctions

Texas waterfront condominiums on The Island of Lake Travis will sell 12 condominiums at absolute auction, to the highest bidders from a pool of 36 condominiums, on Saturday, November 1st at 1 p.m. J.P. King Auction Company, the nation’s leading real estate auction marketing firm specializing in high-value properties, is managing the sale.
“The condominiums are [...]



Lubbock TX Housing Market Ranks Among Nation’s Best

Oct 21st, 2008 | By RT Staff | Category: South Region

Lubbock ranks among the top five U.S. cities with a strong housing market.
“Veros Real Estate Solutions” latest 12-month forecast projects home values will increase 3.8 percent through September 2009.
That places Lubbock second only to Peoria, Illinois on the list of the strongest real estate markets in the country.
Veros creates forecast models reflecting projected market gains [...]



Foreclosure Investors Also in Trouble

Oct 7th, 2008 | By RT Staff | Category: South Region

Home foreclosure rates in the Rio Grande Valley are the highest in the state of Texas. But as homeowners lose their properties, others benefit by buying and then reselling them. A local investor says although it is a foreclosure market, trying to sell the home he just renovated has become more difficult.
Ever since entering the [...]



Condos losing luster in fragile economy

Sep 22nd, 2008 | By RT Staff | Category: South Region

As the outlook of Fort Worth’s residential real estate market continues to become clearer, some developers are re-examining their mixed-use development projects – and their high-dollar condominium facets – in an effort to correct with the market.
And for developers of West 7th project, that meant scraping the condos and replacing them with a better performing [...]



Dallas real estate thrives on job growth

Sep 12th, 2008 | By RT Staff | Category: South Region

The real estate business runs on jobs.
Oh sure, you need low interest rates and a ready supply of debt to do property market deals.
But for the industry to do really well, there has to be a sound economy and job growth.
Fortunately for Dallas-Fort Worth real estate developers and investors, this area leads the country in [...]



Executives comment on office market

Aug 22nd, 2008 | By RT Staff | Category: South Region

Worries about the national economy and slower job growth in Dallas-Fort Worth caused a drop in office leasing in the first half of 2008.
Net leasing was down about 50 percent from the same period last year.
But so far, nobody in the office building business is panicking.
“Surprisingly, the Dallas office market has continued to sustain itself [...]