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Home sales are down sharply this year in North Dakota and the West Texas cities of Midland and Odessa. Home sales have also slowed in El Paso, and, more recently, in Houston.
Texas’ real estate market should be able to weather lower oil prices better than it did in the 1980s, but if prices fall further, the results could be much more dire, a Texas A&M real estate economist says.
Wall Street analysts are poring over commercial-mortgage backed securities for signs of distress as the oil crash weighs on demand for real estate in energy hubs.
For people who own rooftop power systems, solar adds value to the home. Leased systems are another story.
Exxon Mobil has sold an eight-story office tower near the North Freeway and Beltway 8.
A Swiss developer is planning to build a $500 million real estate project in Williston, North Dakota, where a surging energy industry is leading to a population boom and rising property demand.
The nation’s highest rent costs can be found in a small oil boom town where the average cost for a month’s rent in a 700-square-foot, one-bedroom pad can run $2,400.
The 41-story Marathon Oil Tower in the Galleria area has been sold to a real estate fund affiliated with Los Angeles-based CBRE Global Investors.
International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.
Not long ago you could buy as much ranch land as you wanted in South Texas, with the mineral rights to boot. After the Eagle Ford? Not so much.