A lot of real estate investors have been licking their chops to get a taste of the Houston real estate market. It's tough keeping up with the Houston Texas market because the city is the size of a small country.
Here's the latest on some Houston real estate developments:
- Katy will be getting a new overhaul. The Katy economic council recently released their business plan for the area.
- Aliana Development has slated a 1.5B mixed-use development for Richmond.
- According to the Houston Business Journal, John Laing Homes has purchased Houston-based Lindenwood Homes. John Laing is one of the largest privately held homebuilders and will make a big play on the successful new home market in Houston.
- The Bizjournal also reported an expanding community college. A $7.6 million upgrade will add 70,000 square feet to Houston Community College’s West Loop Campus in Bellaire. The project is part of Houston Community College's $300 million capital improvement plan.
According to other reports, out-of-state firms are scouring Houston's downtown area for building and acquisition. Houston is typically a very stable real estate market. You won't see large swings in appreciation or depreciation, which can be good for buyers or investors who value stability and prefer to live in a large city.
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