Cold Storage Property Taken in Eminent Domain on Loop 610

By Ralph Bivins’ Realty News Report HOUSTON – A jury verdict confirmed Deal Sikes’ valuation of $9,250,000 regarding property taken by eminent domain that resulted in a lawsuit against the TxDOT as part of a widening of Interstate 610 in northwest Houston. Using the power of eminent domain, TxDOT acquired the DiMare Fresh Produce cold…

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Houston real estate to benefit from better job growth

By Katherine Feser Houston’s rosier than expected job growth in 2017 has positioned the local real estate market to gain strength across the board, Houston-based real estate valuation firm Deal Sikes & Associates said in a report. The Houston region added 62,900 jobs last year, the Texas Workforce Commission reported in its revised annual data.…

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Will Hurricane Harvey Sink Real Estate Prices?

By Ralph Bivins HOUSTON – How will Hurricane Harvey impact Houston’s real estate prices? It’s been almost two months since the Category 4 storm hit Texas and dropped 50 inches of rain on Houston. To know exactly how the storm impacted prices, we will have to wait until more flooded properties actually sell, says Houston…

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Hurricane Harvey May Determine the Winners and Losers in Houston Real Estate Valuations, Reports Deal Sikes & Associates

HOUSTON–(BUSINESS WIRE)–Some Houston properties face the possibility of permanent market value losses in the wake of Hurricane Harvey, while other properties may actually benefit from the impact of the storm, according to Deal Sikes & Associates, a Houston-based real estate valuation and consulting firm. Hurricane Harvey inflicted an estimated $100 billion in property losses in…

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