The gap between home sellers and buyers has never been wider in Redfin’s data. Across much of the Sun Belt, buyers have leverage that would have been difficult to imagine a few years ago. Affording the house is another matter. America has entered the strongest buyer’s...
Mark-Dana Corp. announced the opening of Lost Oaks, a $25.9 million affordable multifamily housing community in north central Houston. The five-story development, which is now 60% leased, offers 78 apartments for households earning between 30% and 80% of the Area...
The pharmaceutical giant Bristol Myers Squibb (NYSE: BMY) has chosen Houston as the site for a new $2.3 billion manufacturing campus. The new 600,000-square-foot campus will be modular and multi-modal. Its modular design will enable the company to add and reconfigure...
LGI Homes Inc. (NASDAQ: LGIH) announced the opening of Cypress Trails, a master-planned community in the Houston suburb of Hockley, Texas. According to the company, Cypress Trails will bring more than 500 new single-family homes to the area, ranging from two-bedroom...
Interra Capital Group announced its acquisition of Greenway Plaza, a 53-acre, approximately 4.5 million-square-foot mixed-use office campus in Houston. The terms of the acquisition were not disclosed by the company. However, the Houston Chronicle reports that instead...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
