Some enter CRE by accident and happenstance, and some with firm idea of what they want to do. We must always work with clients who want to see us get paid, and we should not be shy to filter out time-wasters, and we should ‘fire’ clients when warranted. Huge changes have come to our industry with time-saving technology, but it is interpersonal relationships which remain the most important to be successful in CRE. Click to read more at www.REDNews.com .
Category: Editorial
CCIM January Luncheon
Speaker: Patrick Jankowski, Sr. V.P. Research-Greater Houston Partnership
Takeaway: No recession in sight for the Houston or for the national economy.
• Oil prices need to find their ‘sweet spot’ for both the Houston and the national economies
• ‘Recession’ is defined as two consecutive quarters of negative growth-in spite of the negative things in the news these days, a recession does not appear to be indicated any time soon
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READY FOR THE RESERVE?
Like any metropolitan area, Houston is surrounded by a web of suburbs, a mass of bedroom communities where its workers can affordably raise their families. Each has its own vibe and rhythm, a cadence by which those families live. Over time, that beat can change; it can slow down as a growing city plateaus or it can speed up, from a barely imperceptible sound to a racing heartbeat.
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Ridin’ The Airwavz
We’ve all been there: as part of a conversation or meeting, you pull out
your phone to show something of interest only to run into the dreaded delay. Either the app can’t load at all or your group sits gathered around your phone as it takes an absurd amount of time to display what you wanted to showcase.
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Everything Is Hotter In Texas
For our REDNews readers, the Emerging Trends in Real Estate 2019 report that just came out probably holds few surprises, though it does reinforce what we’ve known: this is going to be a great year for commercial real estate in Texas. The report, published by PwC and the Urban Land Institute, ranks the nation’s hottest markets to watch each year and, in 2019, three Lone Star markets made it into the Top 20.
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Look Out, 2019
The new year holds promise for strength and growth, per the recently released U.S. Real Estate Market Outlook from CBRE Research. On the industrial front, the report highlights record levels of demand generated by e-tailers looking for distribution centers. Alternately, traditional retailers are also seeking logistics space as they adapt to the needs of the online customer. Users absorbed between 75 million to 90 million square feet in the industrial and logistics sector each year since 2013, a trend CBRE’s analysts expect will extend into 2019 and beyond.
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