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Category: Raub Report

Raub Report: Occupancy Rates in San Antonio

August 15, 2019

“How you doin’?” is our typical greeting, but let’s ask Commercial Real Estate that question.  In San Antonio we are doing pretty well, thank you. Texas is leading the nation in population growth, growing at twice the rate of California and more then Florida and Colorado. San Antonio is right there with the other major […]

Raub Report: Property Value Outpacing Value Appreciation

June 26, 2019

A frequent topic I see lately is the issue of Affordable Housing. One of the biggest expenses of owning property, whether it’s your own home or a rental property, is property taxes. Home appreciation in San Antonio averaged about 4.3% last year, one of the highest rates in Texas. However, property taxes have escalated faster […]

Raub Report: Commercial Real Estate Sector Performance

April 16, 2019

Let’s take a whip around the various commercial real estate sectors in San Antonio and see how it is going. Apartments occupancies just got back above 90% after a dip from 93% down to 89%. Apartments are given to a two year over-building cycle, so this is to be expected. However, while concessions are still […]

Raub Report: Are We in the Late Stage of the Economic Cycle?

March 12, 2019

The broad consensus among commercial real estate investors, far and wide, is that we are in the very late stages of this current expansion, yet, the markets still remain surprisingly stable and durable. Now that the worries about more interest increases have calmed, and the stock market’s December tantrum has been mostly erased, IRC has […]

Raub Report: Texas Job Growth Remains Strong

January 24, 2019

Job growth remains strong in the Lone Star State, in fact more than any other state, with an increase of 391,800 for the year, according to the latest figures released by the Texas Workforce Commission.   This is actually more than double California’s growth, with Florida running a close second to Texas.  (I believe all 391,800 […]

Raub Report: Tech Dominance in Austin May Keep San Antonio Steady

December 20, 2018

I sense everyone is getting pretty nervous right now: 1. This has been a really long economic advance. 2. Trump’s election has enhanced and lengthened it. 3. Interest rates are rising, for now. 4. All believe we are in the Late Stable stage of the commercial real estate cycle. 5. I have seen investors putting […]

Raub Report: Fall 2018 Market Analysis

November 7, 2018

So often we hear that we are in such an “uncertain time”. Really? Please name a period in history when we were not in an uncertain time, and then how long did it last? We seem to have forgotten the time-honored maxim, “Nothing is certain but death and taxes.” Change is the most basic element […]

Raub Report- San Antonio Sees Job Growth From Within

September 24, 2018

Job growth is the lifeblood of commercial real estate because it means companies lease new space and build new buildings. Did you know that most of our new jobs come from companies who are already in San Antonio, not relocations from outside? For example, HEB builds a new grocery store and hires 300 new people.  […]

The Raub Report- Business Cycle Forecast

August 28, 2018

The Business Cycle is often described as a sine curve, like a wave that rolls up and down, up and down, or like a roller coaster. We proceed from prosperity to peril, boom to bust, greed to fear, etc. As you have heard, “Trees don’t grow to the sky” a phrase, inferring that economic expansions […]

Raub Report- Where do we fit in?

July 25, 2018

Where do we fit in?  Mayor Nirenberg and the City Council always make a point that “San Antonio is the Seventh Largest City in the U.S.” Well, sort of.  At a population of approximately 1.5-million this puts us in line behind New York, Los Angeles, Chicago, Houston, Phoenix, and Philadelphia and just ahead of San […]