COMPANY NEWS
& MARKET UPDATES
CBA Land Capital Closes on 1,039 Acres in Katy – Land Tejas Plans 3,000 Homes
Connor Investment Real Estate’s affiliate firm, CBA Land Capital in partnership with Land Tejas has purchased 1,039 acres in Katy.
Houston’s Economic Growth Expected to be Among the Strongest in the U.S. through 2023
The Greater Houston Partnership released a story early this year highlighting Houston’s growth.
New Home Sales Are Up 40.6% in the South
Nationally new home sales were up 31.6% above the October 2018 estimate. The South reported even more promising numbers up 40.6% year-over-year.
Houston Ranks Number 1 in U.S. for Residential Construction Permits
The Houston area reported 36,073 permits as of July 2019, the most of any metro area in the nation. Dallas-Fort Worth-Arlington came in at No. 2, with 34,523 residential building …
CBA Land Capital Closes Lot Bank Deal with Westin Homes and Shea Homes in Balmoral Development
CBA Land Capital closed December 6, a lot banking deal with Westin Homes and Shea Homes in Balmoral, a Land Tejas development.
Construction Job Gains Fueled by Housing Demand
Texas led the nation in construction sector job growth last month. Low housing inventory and high demand promote hiring as homebuilders work to fill the gap.
Mortgage Applications Increase Close to 10%
Mortgage applications showed an increase of 9.6% in recent weeks. A story at Builderonline.com covered mored details reporting, “The Market Composite Index, a measure…
Lot Values Hit Record Highs
According to a recent article at www.eyeonhousing.com, the median lot values in Texas have more than doubled since the housing boom.
Houston developer plans community for 2,500 homes in Cypress
Connor Investment Real Estate’s affiliate firm, CBA Land Capital was featured in both the Houston Chronicle and the Houston Business Journal…
Land Tejas in Partnership with CBA Land Capital Acquires 856 Acres in Cypress
CBA Land Capital is the equity partner in a deal that closed Sept.25 with Houston developer Land Tejas. The 856 acres acquired in Cypress is slated for…
CBA Land Capital Closes Lot Bank Deal
CBA Land Capital announced that it has closed a Lot Banking deal in July with Grand Dominion Homes consisting of 45 lots in Lago Mar, a Land Tejas development.
Austin Housing Market Has Another Record Year in 2018
The Austin area’s housing market continued its record-breaking pace in 2018…
Houston Employment Update
Metro Houston created 108,300 jobs, a 3.5% increase…
Another Houston Housing Market Record Broken for Dollar Volume in 2018
Houston’s housing market saw another record-breaking year…
Perryman Report Projects Long-term Outlook for Texas Economy
The Perryman Group’s long-term forecast for the Texas Economy…