RECA Weekly NewsWire
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May 19, 2016 In This Issue
Top Stories
Advocacy
Local News
National News
Austin Tree Experts
Equity Secured Capital
Top Stories
In spite of a stronger economy, U.S. consumers spent less money at restaurants, apparel stores and online shopping sites in March. Americans are making fewer visits to departments stores and big-box chains, but they have demonstrated a spending preference for new retail concepts. And so both international retailers and new U.S.-based concepts with unique appeal continue to pursue expansion plans here.
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Commercial remodeling across the country increased by 7% between December 2014 and December 2015, and has increased 26% since 2013. Especially when compared to commercial new construction, which increased by just 22% since 2013, it’s clear that commercial remodeling is on the rise.
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A recent "State of the Market" survey by global law firm DLA Piper found that 78 percent of real estate professionals it surveyed agreed that non-gateway markets will come to the forefront of investment preferences in the next 12 months (33 percent said they agreed, and 45 percent said they almost agreed). The preference was more pronounced among domestic rather than foreign investors, DLA Piper reports.
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St. David's HealthCare's purchase of the high-end Forest Park hospital in North Austin is one piece of a larger investment in the Austin area that will vastly enlarge the health system's footprint
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Advocacy
Thousands of United States realtors are meeting with legislators, regulators and industry leaders to discuss vital legal, financial and political issues including the Presidential election.
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Local News
Details emerged about downtown Austin’s newest office tower that is proposed to take the place of a surface parking lot at the corner of 4th & Colorado.
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Safety is arguably the most important factor when deciding where to lay down your roots if you’ve got a hankering to move. While no city is truly immune to crime, there are some precautions you can take in trying to narrow down your search. Luckily, we’ve done the hard number crunching for you. Here are the 10 safest cities in Texas.
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A favorable economic outlook and strong demographics are attracting buyers to the Austin apartment market, with investors holding onto area assets amid intensifying buyer demand.
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During the past decade, The Woodlands has emerged as one of the fastest growing areas in the country. It has earned accolades for its pedestrian-centric urban core, architectural standards, preservation of natural resources and quality of life.
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Fourth& is designed with a focus on innovation in green architecture and sustainability, and its character reflects the local culture.
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National News
The new Florida community of Babcock Ranch wants to build the clean-energy fueled community of the future.
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Driverless cars are not some decades-in-the-future concept that’s still on the drawing board—they’re coming soon to a market near you. Cooper Carry’s Angelo Carusi tells GlobeSt.com how this technology will impact real estate.
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How do major global firms pick and choose third-party management firms? Is it always a case of size gravitating to size?
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Kengo Kuma developed the rods, which are stronger and lighter than iron.
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