6th Annual CCIM Central Texas Symposium

March 5, 2012

Excerpts from Dr. Mark Dotzour’s presentation at the CCIM Symposium in Austin, TX Jan. 31st To visualize the U.S. economy, picture a Jack-in-the-Box. Turn the crank, generate energy, and watch the crank pop up and release that energy. Watch how creating more energy produces job growth. People are still working and have a desire to […]

Raub Report January 2012

January 30, 2012

Happy New Year! This time last year I said that 2011 will be Year One of the Recovery. Well, we started off well for the first six months and then things fizzled in the latter half of the year. So now what’s next? With the economic landscape still shaky and the political scenery unclear in […]

Housing Industry on Firmer Ground

January 11, 2012

Home builders are expected to start at least 10 percent more homes in 2012 than they did last year — the first double-digit bump for the industry since the 2006 market peak and subsequent downturn. And the Eagle Ford Shale play in South Texas could provide more opportunity for the local real estate industry. It’s […]

Texas No. 1 in U.S. for biggest 5-year job gains

January 4, 2012

Texas added far more jobs than any other state in the country in the past five years. Nationwide, only six of the 50 states have more retail jobs today than they did at the end of 2006. That’s according to an analysis of data from the U.S. Bureau of Labor Statistics by On Numbers, a […]

Halliburton black gold rush hits SA

December 1, 2011

Oil-field-services Halliburton Co. began work on a $50 million base of operations at I-37 and Loop 1604, for which it will need 1,500 workers to support its operations in the Eagle Ford shale. The 400,000-sf structure will house employees earning annual salaries averaging $70,000. Officials say they hope to fill 75 percent, or more than […]

December 2011 – Raub Report

As we approach the end of the year, I thought it time to do an overview of the market place. Some of the analysis comes from the recent CCIM Symposium. All in all, we are bumping along the bottom, awaiting a reason to turn optimistic but uncertain about the proverbial “Light at the end of […]

October 2011 Raub Report

October 26, 2011

Isn’t it interesting to make a comparison between the Occupy Wall Street mob and the Tea Party? The Tea Partiers are middle-aged middle Americans, who wave the Stars & Stripes, clean up after themselves, and tout a clear message of reducing taxes and limiting government. Their result was a big success at the ballot boxes […]

LIHTC Apartment Update

September 21, 2011

In Austin, Apartment Realty Advisors principal Dave Fournier tells us affordable housing occupancy is particularly tight for the LIHTC properties that serve tenants at 30% of area median income and where average market rents are high (i.e. Chicago). In other words, renters are downgrading asset classes and driving up demand for affordable housing. All of […]

Apartment Sector Still on the Up

August 31, 2011

Apartment market conditions continue to improve across the board, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey of Apartment Market Conditions. “Demand for apartment residences continues to rise, even as the overall economy remains hampered by the aftermath of the housing bubble,” said NMHC Chief Economist Mark Obrinsky. “For the fifth time […]

Raub Report – August 2011 Commercial Real Estate Newsletter for San Antonio

August 8, 2011

In the June edition, I wrote about Uncertainty; and sadly this monster is still roaming, becoming even stronger, like a Transformer. In this metaphor from the movie, Risk is that fast and neat car, which is manageable to drive. But then it morphs into the monster of Uncertainty, which is destructive, deadly and uncontrollable, causing […]