The Texas local economy is showing strains entering the second year of the worst oil downturn in decades but it's not collapsing the same way as previous oil busts and most economists don't think it will happen.A healthy national economy, continued … [Read more...]
Coast beware, a potential bust is taking root in the south Texas oil patch
Will Port Aransas (south central Texas Coast) see it's record demand fall with the oil prices?It’s a time for condensing, consolidation, and frankly, survival of the fittest. Investors and developers on the Texas coast need to be more cautious as to … [Read more...]
Chinese Firm Plans $1.3 Billion Purchase Of Texas Oil Lands
A Chinese investment holding company intends to put down stakes in the United States after signing a letter of intent to purchase oil properties in western Texas for $1.3 billion through a limited liability partnership.The Shanghai-listed Yantai … [Read more...]
Is Atkins Group aware of South Padre’s Problems?
San Antonio marketing man Steve Atkins will try to convince the world to come to South Padre Island with the help of a Dallas firm. Atkins says tourism promotion today is generally geared to millennials, since older people generally have settled on … [Read more...]
Vacation Homes are Not Just for the Wealthy
When people dream of vacation homes, oftentimes they cut themselves off quickly, thinking they would never be able to afford one. However, new research by the National Association of REALTORS® shows that is probably not the case.While vacation homes … [Read more...]
Oil and Gas Pipelines Cross Texas-Mexico Border
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 … [Read more...]
Construction booms across Port Aransas
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, … [Read more...]
What thrived and dived during the Texas coast recession?
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 … [Read more...]
Luxury Buyers Are Spending Mega Bucks in These Markets
The high-end residential real estate market remains strong point and plays a big role in the housing recovery. Nearly half – 48 percent – of all wealthy consumers recently reported that they plan to purchase a luxury home within the next 12 months, … [Read more...]
Texas has No. 1 business climate
Texas is the highest-rated state in another business-climate survey, and Houston ranked among the best cities for economic development. This is the sixth time in a row Texas took the top spot on Development Counsellors International’s “Winning … [Read more...]