Archives

Congressman Roger Williams (R – Texas), along with 21 members of the Texas Congressional Delegation, today filed an amicus brief in the federal district court in Wichita Falls in support of landowners whose private properties along a 116 mile stretch of the Red River are currently in dispute with the Bureau of Land Management (BLM)

Texas housing demand and new home development remained high last year, while median household income for Texas homebuyers decreased slightly, according to the Annual Texas Homebuyers and Sellers Report released today by the Texas Association of REALTORS®.

Texas home sales and home prices reached all-time highs in 2015, capping off another strong year for Texas real estate, according to the 2015-Q4 Texas Quarterly Housing Report released today by the Texas Association of REALTORS

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Felipe Rael to FHLB Dallas' 2016 Affordable Housing Advisory Council. His three-year term began January 1, 2016

Luxury home sales continued to be one of the fastest growing housing segments in Texas’s largest markets in 2015, according to the 2016 Texas Luxury Home Sales Report released today by the Texas Association of REALTORS®. The report cites sales volume increases from 4.5% to 36.4% for homes sold at $1 million or more in the four major Texas markets.

Texas homeowners and renters with damage from the severe storms, tornadoes, straight-line winds and flooding Oct. 22-Oct. 31 have only until Monday, Jan. 25, to register for disaster assistance from the Federal Emergency Management Agency (FEMA)

Last night, many of our members were affected by tornadoes that ripped through their communities. Floresville and D’Hanis particularly were devastated by the storms as were members in areas all around the San Antonio area.

Jim Rosten, president of Property Services at global real estate investment and services company Kennedy Wilson, has announced the appointment of James Cain, who joins the company’s property management division as a regional director.

Texas home sales purchased by international homebuyers contributed $8.32 billion to the Texas economy between April 2014 and March 2015, according to the 2015 Texas International Homebuyers Report released today by the Texas Association of REALTORS

Passco Companies, LLC has acquired Lone Oak Apartments, a recently completed 304-unit, Class-A garden-style multifamily community located in Round Rock, Texas, a suburb of Austin, according to Gary Goodman, Senior Vice President Acquisitions of Passco Companies.

The Altman Companies, a nationally recognized developer of luxury apartment communities, has broken ground on its first development in Austin, Texas. Located at 12700 Ridgeline Blvd., the 354-unit Altís Lakeline is rich with features and amenities.

The Mid-America Building (310 W. Illinois Ave.), Midland Executive Center (301 N. Colorado St.) and the previous County Courthouse located along Wall Street will be demolished one-at-a-time by contractor Lloyd D. Nabors Demolition LLC of Hutchins in the coming months. Demolition is scheduled to first begin on the Mid-America Building starting Aug. 10 and move to the adjacent Midland Executive Center the weekend of Aug. 21.

Texas home prices hit an all-time high in the second quarter of 2015, while home sales remained strong amid high demand, according to the 2015-Q2 Texas Quarterly Housing Report released today by the Texas Association of REALTORS

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided bridge financing in the amount of $10.5 million to enable the acquisition and rehabilitation of Surrey Row Apartments, a multifamily property located in Dallas, Texas. The loan represents 80% of costs.

CBRE Capital Markets’ Debt & Structured Finance team has arranged $111 million in refinancing for a 1,254-unit, three-property multifamily portfolio in Houston, Texas.

The Affordable Housing Program (AHP) from the Federal Home Loan Bank of Dallas (FHLB Dallas) turns 25 years old today. The grant program, funded solely through FHLB Dallas profits, has assisted more than 44,000 families with their affordable housing needs, primarily across the Bank's five-state District of Arkansas, New Mexico, Mississippi, Louisiana, and Texas

The Rustic, Thirteen Pies, Steel City Pops and other highly popular dining and entertainment venues, are set to join Frisco’s Wade Park alongside a variety of premier retailers including Arhaus, MiniLuxe, The Lash Lounge and more. Thomas Land & Development’s massive 175-acre, $1.6 billion upscale mixed-use development continues to add impressive high-end retailers and restaurants to the project underway at the Dallas North Tollway and Lebanon Road, with following announcements planned for upcoming months.

Condominium and townhome sales slowed in Texas’s major metro areas in the first half of 2015, according to the 2015 Texas Condominium Mid-Year Sales Report. Released today by the Texas Association of REALTORS®, the report shows that condominium (condo) and townhome sales in Texas’s four major markets remained relatively consistent with condo sales in the first half of 2014.

A Mobile Registration Intake Center (MRIC) will open in Corsicana, Texas, on Monday, June 22,  at 9 a.m. to serve homeowners, renters and business owners who sustained damage as a result of the May 4-June 19 severe storms and flooding.

As the tropical system in the Gulf of Mexico continues to head towards the Texas and Louisiana coast, the Property Casualty Insurers Association of America (PCI) encourages residents in the area to listen to emergency officials. Weather forecasters are calling for the system to bring lots of rain to areas that are still recovering from last month’s flooding event.