Since I entered the Commercial Real Estate field in 1984, I have heard, “Well, things are booming everywhere, maybe it’s time for Corpus Christi.” Well, Corpus has never boomed but just kept on gradually growing and being a nice place to vacation. That is, until recently, with the Eagle Ford Shale windfall embracing South Texas. […]
Recently there was a very interesting article in the NY Times, Mom and Dad, Let’s Talk Real Estate by Constance Rosenblum. I found the article addressed some issues for which people should prepare. The article focused on how to have the conversation with your family about what will happen to assets or estate in the […]
San Antonio has been listed as #4 on CNN’s – “8 most business-friendly cities”. The article reports that the slower pace and lower costs of living are a huge part of the city’s appeal. Other Texas cities that could be found on this “business-friendly list” were – Houston, Austin and Dallas. For the complete list: […]
Lifehack.com recently posted an article by Jill Harness, The Importance of Breaks at Work. According to the article even a 30 second microbreak can increase your productivity up to 13%. Currently only 1 in 3 people take a lunch break and the other 2 in 3 either snack at their desk and continue working or […]
San Antonio’s jobless rate has risen by .01% for 3 months in a row; but San Antonio at 6.3% is below the Texas average of 6.4% and the national unemployment rate of 7.5%. Austin is super hot though with an unemployment rate of only 5.4%. The implementation of Obama Care next year will be a […]
When driving you are focusing on the windshield and road ahead, occasionally glancing in the rear view mirror and side mirrors to be sure that what is going on behind and to your side is not going to disturb you. Real estate is a lot like that — the past is our window to the […]
If you’re looking for a job right now, there is no better place to be than Texas and very few cities outpace San Antonio. That’s the key finding of a new study analyzing regional job growth by the Washington, D.C.-based Brookings Institution. Of the nation’s Top 100 cities, only 14 had surpassed pre-recession employment levels […]
The article in the San Antonio Express News on Wednesday highlights the direct impact of Eagle Ford Shale – $61 Billion 20 county area 116,000 jobs Projections included that by 2022 – 14 county area would support over 89,000 jobs and approximately 4,600 will work in the “food services and drinking industry” to cater to […]
There’s a lot to look forward to in the housing market this year according to Mark Dotzour, chief economist of the Real Estate Center at Texas A&M University. During his presentation at Winter Meeting last Tuesday, Dotzour explained why he thinks Texas REALTORS® should be optimistic about the future of housing and economic growth. A […]
It’s possible to divest yourself of appreciated investment real estate or rental property but defer the tax liability. Such strategies may be less risky from a tax perspective now that the Taxpayer Relief act has made capital gains tax rates permanent. Nevertheless, tread carefully if you’re considering a deferral strategy such as the following: Installment […]
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