As one of Texas’s fastest-growing metros, San Antonio attracts commercial real estate investors and tenants nationwide with its plentiful undeveloped land and promising cap rates. The development-friendly metro area is home to millions, with nearly 70 people arriving in the city daily. Crexi is thrilled to connect individuals interested in San Antonio commercial property with…
Even though home prices in Houston are reaching record highs, investors are still snapping up properties almost as quickly as they are listed. According to the Houston Association of Realtors (HAR), the sales volume of single-family homes is up over 4% year to date, with the lack of affordable housing creating more demand for rental…
Austin is the Capital of the State of Texas and is also known as the “Human Capital”. It has developed various, inventive, and contemporary ecosystems that have many different layers. It is home to entrepreneurs, startups, growing companies, and tech giants. Austin, Texas is known for its outstanding food, great live music venues, art scene,…
The Texas economy continued to expand in July, with broad-based growth in payrolls. Job openings remained elevated, and the unemployment rate ticked down. It was indicated that expansion slowed in the service and manufacturing sectors, and sales contracted in the retail sector. Median home prices cooled in July, while existing-home inventories increased. Texas ranks fourth…
The population of the Dallas-Fort Worth area keeps swelling, and is now the 4th largest metro area in the country, up from 6th place in 2010. In fact, DFW was only one of three metros to gain at least 1.2 million residents since 2010, along with Houston and NYC. DFW’s attractive quality of life, strong…
The multifamily market in Dallas saw strong momentum at the start of 2022 with record leasing activity, rent growth, and investment during the first quarter. Investment in the multifamily sector increased by 56 percent year-over-year to $63 billion in Q1 2022, the strongest first quarter on record and bringing the trailing four-quarter total to $374…
An estimated 1,000 people move to Texas every day, and it’s no surprise why. With warm weather, low home prices, excellent job opportunities, top-rated schools, and more, there’s something for everyone in Texas. Also, Texas is only one of seven states with no income tax. There has been a huge dominance of supply and demand…
The demographic changes of today present challenges for commercial real estate developers, but they also provide profitable opportunities to firms and businesses innovatively adapting the new demands. Commercial real estate development firms that gratify more modern lifestyles can make remarkable headways in today’s market. Population does indeed have an impact on commercial real estate.…
Demand for multifamily housing slowed between quarters recording only 1,708 units of net absorption compared to 4,098 the previous quarter. The average monthly rent for multifamily units increased 2.0% over the quarter from $1,188 per month in Q4 2021 to $1,212 per month in Q1 2022. There are over 13,000 units under construction and another…
Multifamily investment opportunities are trending in the populated cities of the USA. The diversity of amenities in a multifamily building decides the real estate player to categorize it among three classes A, B, and C. Due to the high volatility of the stock market, investors have tendency to invest in real estate. Here is a…