Suburban Housing Demand Picks Up Around Texas Cities

By Paul Bubny with Connect Media Increased demand for suburban housing will support property values in the outlying sectors around Greater Houston and other Texas cities, said Houston-based valuation firm Deal Sikes. “Corporate workplace trends, such as working-from-home, have energized the suburban housing markets,” said Mark Sikes, principal with Deal Sikes. Even employees who will…

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Deal Sikes

Houston Property Values In 2020 To Rise On Job Growth

By The BISNOW Commercial property values in Houston should trend upward in 2020, as the region’s positive job growth will increase demand for development opportunities, according to Houston-based valuation firm Deal Sikes. “Houston’s commercial real estate values will be on a solid upswing in 2019,” Deal Sikes principal Matthew Deal said. “With Houston expected to gain population significantly…

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Deal Sikes Estimate of Just Compensation Upheld by Jury

By Leaders in Law Lawyers from the Houston-based Vinson & Elkins recently won a unique eminent domain suit brought on by the State of Texas against a privately-held joint venture. Using the power of eminent domain, the Texas Department of Transportation (TxDOT) acquired the DiMare Fresh Produce cold storage warehouse on 3.9 acres at 1415 West Loop…

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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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