The Harris County Appraisal District mailed property value notices to most residential property owners and will follow with notices for commercial and industrial properties. While some property values increased, the chief appraiser noted many properties did not increase in value this year. Residential property values generally increased, with median home sale prices up 6.5% from last year. Commercial property values varied by sector, with office buildings adjusting due to economic changes and apartment rents remaining flat due to high inventory. Industrial property values depended on specific refining configurations and chemical industry demand.
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2015Mercer Capital
Mercer Capital's Auto Dealer Industry newsletter provides perspective on valuation issues. Each newsletter also includes a macroeconomic trends, industry trends, and guideline public company metrics.
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2015Mercer Capital
Mercer Capital's Auto Dealer Industry newsletter provides perspective on valuation issues. Each newsletter also includes a macroeconomic trends, industry trends, and guideline public company metrics.
Northeast Ohio homeowners guide to the local real estate market. This report covers home sales and price trends for the Greater Cleveland area suburbs and housing market performance trends for past several years through 1Q, 2015. Recommendations for owners looking to sell their home to get the best price in the current market.
Retail Lives
Economic fundamentals continue to strengthen in the
U.S., a trend that is expected to endure through
mid-2019. With continued wage growth acceleration
and consumer confidence near an 18-year high, the
retail marketplace has registered solid spending.
Inflation-adjusted consumer expenditures show a
steady 2.5-3% year-over-year (YOY) growth pattern
since the beginning of 2016. eCommerce sales
accounted for approximately 11.5% of retail sales
(excluding auto sales) in 2017. While we expect that
penetration rate to climb to 14.0% by 2019, physical
stores remain vital to retailer survival in this evolving
retail climate. Despite what the media would lead you
to believe, the overall retail industry is still posting
gains even while it faces secular challenges.
Dejo esto por aquí.
Principales tendencias en el mundo de los negocios y macro económicas para este 2018, así como de las principales categorías de compra.
Las principales tecnologías de vanguardia que afectarán el proceso de compras y su importancia de dicha función en la empresa.
This Assessment of the Consumer Impact Regarding the Marketplace Fairness Act provides a unique look at how the proposed legislation could impact households across the nation.
TRREB reported 4,581 home sales in January 2020 – up by 15.4 per cent compared to January 2019 and up by 4.8 per cent compared to December 2019.
“Steady population growth, low unemployment and low borrowing costs continued to underpin substantial competition between buyers in all major market segments,” said TRREB President Michael Collins.
The average selling price in January was up by 12.3 per cent, driven by the detached houses & condominium apartments.
Commercial real estate market outlook for 2017 from the National Association of RealtorsⓇ
Economic overview
Commercial Real Estate Investments
Commercial Real Estate Fundamentals
Outlook
TORONTO REGIONAL REAL ESTATE BOARD's JUNE 2020 MARKET WATCH REPORTShawn Venasse
Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June 2020. This result represented a very substantial increase over the May 2020 sales result, both on an actual (+89 per cent) and seasonally adjusted basis (+84 per cent), and was only down by 1.4 per cent compared to June 2019.
Houston’s retail market remains healthy moving into 2017
Houston’s retail market moves into 2017 with a healthy outlook. Not much changed between quarters with vacancy rates ticking up only 20 basis points. Although Houston lost about 80,000 high income jobs between 2014 and 2016, retail market indicators show no signs of a struggling economy. Approximately 68% of the retail space under construction at the close of Q1 2017 is pre-leased. Despite the 1.5M SF of new inventory delivered in the first quarter, Houston’s average retail vacancy rate remains low at 5.6%.
The overall outlook for 2017 Canadian M&A activity remains moderately positive, despite the decrease in the number of Canadian companies sold in 2016. Corporate balance sheets are flush with cash, with corporations actively looking for quality investments. Interest rates remain low, and oil prices are showing signs of improvement. Private Equity firms also have large cash holdings and often see Canadian firms as good "bolt-on" opportunities. Read the report for more detail on trends, public market performance and deal activity.
Northeast Ohio homeowners guide to the local real estate market. This report covers home sales and price trends for the Greater Cleveland area suburbs and housing market performance trends for past several years through 1Q, 2015. Recommendations for owners looking to sell their home to get the best price in the current market.
Retail Lives
Economic fundamentals continue to strengthen in the
U.S., a trend that is expected to endure through
mid-2019. With continued wage growth acceleration
and consumer confidence near an 18-year high, the
retail marketplace has registered solid spending.
Inflation-adjusted consumer expenditures show a
steady 2.5-3% year-over-year (YOY) growth pattern
since the beginning of 2016. eCommerce sales
accounted for approximately 11.5% of retail sales
(excluding auto sales) in 2017. While we expect that
penetration rate to climb to 14.0% by 2019, physical
stores remain vital to retailer survival in this evolving
retail climate. Despite what the media would lead you
to believe, the overall retail industry is still posting
gains even while it faces secular challenges.
Dejo esto por aquí.
Principales tendencias en el mundo de los negocios y macro económicas para este 2018, así como de las principales categorías de compra.
Las principales tecnologías de vanguardia que afectarán el proceso de compras y su importancia de dicha función en la empresa.
This Assessment of the Consumer Impact Regarding the Marketplace Fairness Act provides a unique look at how the proposed legislation could impact households across the nation.
TRREB reported 4,581 home sales in January 2020 – up by 15.4 per cent compared to January 2019 and up by 4.8 per cent compared to December 2019.
“Steady population growth, low unemployment and low borrowing costs continued to underpin substantial competition between buyers in all major market segments,” said TRREB President Michael Collins.
The average selling price in January was up by 12.3 per cent, driven by the detached houses & condominium apartments.
Commercial real estate market outlook for 2017 from the National Association of RealtorsⓇ
Economic overview
Commercial Real Estate Investments
Commercial Real Estate Fundamentals
Outlook
TORONTO REGIONAL REAL ESTATE BOARD's JUNE 2020 MARKET WATCH REPORTShawn Venasse
Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June 2020. This result represented a very substantial increase over the May 2020 sales result, both on an actual (+89 per cent) and seasonally adjusted basis (+84 per cent), and was only down by 1.4 per cent compared to June 2019.
Houston’s retail market remains healthy moving into 2017
Houston’s retail market moves into 2017 with a healthy outlook. Not much changed between quarters with vacancy rates ticking up only 20 basis points. Although Houston lost about 80,000 high income jobs between 2014 and 2016, retail market indicators show no signs of a struggling economy. Approximately 68% of the retail space under construction at the close of Q1 2017 is pre-leased. Despite the 1.5M SF of new inventory delivered in the first quarter, Houston’s average retail vacancy rate remains low at 5.6%.
The overall outlook for 2017 Canadian M&A activity remains moderately positive, despite the decrease in the number of Canadian companies sold in 2016. Corporate balance sheets are flush with cash, with corporations actively looking for quality investments. Interest rates remain low, and oil prices are showing signs of improvement. Private Equity firms also have large cash holdings and often see Canadian firms as good "bolt-on" opportunities. Read the report for more detail on trends, public market performance and deal activity.
Mercer Capital's Value Focus: Real Estate Industry | Q3 2016 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
CANADIAN HOME SALES ACTIVITY IMPROVES IN JUNE - 16 JULY 2018Shawn Venasse
CANADIAN REAL ESTATE ASSOCIATION STATISTICS FOR JUNE 2016 and CANADIAN REAL ESTATE ASSOCIATION - QUARTERLY FORECAST:
HIGHLIGHTS:
National home sales rose 4.1% from May to June.
Actual (not seasonally adjusted) activity was down 10.7% from June 2017.
The number of newly listed homes eased 1.8% from May to June.
The MLS® Home Price Index (HPI) in June was up 0.9% year-over-year (y-o-y).
The national average sale price edged down 1.3% y-o-y in June.
Residential real estate market report. Review of current Macro market trends and their potential affects on real estate markets. Focus on Northern CA counties including Sacramento, El Dorado, Placer, Yolo & San Joaquin.
Mercer Capital's Value Focus: Real Estate Industry | Q2 2018 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes a macroeconomic trends, industry trends, and guideline public company metrics.
BoyarMiller Breakfast Forum: The Houston Commercial Real Estate Markets – Wha...BoyarMiller
As part of its ongoing Breakfast Forum series, BoyarMiller gathered industry experts for a panel discussion on the look ahead for Houston’s commercial real estate markets for 2018. Speakers included Jimmy Hinton with HFF, Jonathan Brinsden with Midway and John Nicholson with AVERA Companies.
Mercer Capital's Value Focus: Real Estate Industry | Q1 2016 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
Protest the value of your commercial property annually. Yes, protest each and each year. Even if the value didn't change, protest the value. The assessor’s values are based on the cost approach, the least reliable method of appraisal. You can protest both excessive value and unequal value annually. Reach us @ https://www.cutmytaxes.com/
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdf
HCAD News Release 2017
1. Harris County Appraisal District News Release
For additional information contact Jack Barnett, Communications Officer, 713-957-5663
________________________________________________________________
May 16, 2017
Harris County Appraisal District
Mails Property Value Notices
Houston —The Harris County Appraisal District has mailed property value notices to
most residential property owners and is following with commercial and industrial value
notices.
“We are seeing a greater number of properties in Harris County that are not increasing
in value this year, however generally, both residential and commercial properties are still
continuing to go up in value,” said Roland Altinger, chief appraiser.
“This year is much like last year in that it’s more of a mixed market that is spread
throughout the county,” Altinger said. “Many property owners, especially homeowners,
will not see their value change much this year, although we are continuing to see some
increases. Houston’s energy industry was hard hit by the drop in oil prices, which then
created a county-wide economic downturn. But that downturn has turned into a slow
recovery, and we are seeing some job growth.”
Altinger explained that the appraisal district is required by law to appraise all property
at 100 percent of market value as of January 1, so the appraisal district is basing the
appraisal on the prices property sold for in 2016.
Specific information for the property types is below, and market area maps are
available on the HCAD web site at www.hcad.org under “Resources” and then “2017
Reappraisal Values.” Individual property values also are available at www.hcad.org .
(more)
2. Page 2
Residential:
The sales volume has increased slightly, and property values continue to increase. The
sales volume for single family residential properties increased 3 percent to 76,449 homes in
2016 from 74,174 homes in 2015, according to the Houston Association of Realtors.
The value of residential property in the county continues to increase although at a
slower rate than the past several years. Approximately 58 percent of the homes in the
county increased in value since last year, while approximately 39 percent did not see any
change in value.
The housing market remains strong although the inventory of available homes has
increased slightly to an approximately 3.5 month supply. Last year, the supply of homes
hovered at approximately a 3.2 month supply from March of 2015 through March of 2016.
A 6 month supply is considered a balanced market.
Year-over-year, the median sales price of single-family homes – the figure at which
half the homes sold for more and half for less – rose 6.5 percent to $225,903 in 2016,
compared with $212,000 in 2015, according to the Houston Association of Realtors.
Homes in all price ranges saw value increases, but like last year, homes priced between
$80,000 and $250,000 saw the biggest increase. Homes in that price range saw an
approximately 6-8 percent increase while those homes above $250,000 had increases of
approximately 4 percent, while homes valued below $80,000 had an increase of
approximately 6 percent. The highest volume of sales is continuing to occur on the east
side of the county because of expansion projects related to the energy industry.
Another sign of the county’s solid economy, despite some lingering problems in the
energy sector, is that foreclosures recorded by the appraisal district have continued to fall.
Foreclosures dropped to 1,198 in 2016, or 2.5 percent of residential sales, from 1,882 in
2015, or 4.4 percent of residential sales.
(more)
3. Page 3
Exemptions can provide significant relief for qualifying taxpayers by reducing taxable
value and tax levies. Residence homestead exemptions apply to most owner-occupied
homes in Texas and are the most common type of exemption. Property owners should
check their account online to make sure that all exemptions to which they are entitled are in
place.
Commercial:
Overall, approximately 57 percent of the commercial property accounts that have
received value notices have had value increases; approximately 25 percent have not
changed and 18 percent have decreased. Commercial property includes apartments, office
buildings, retail, medical offices, hospitals, hotels, warehouses and vacant land.
Office buildings had a year of adjustment in 2016 due to the Houston economy which
has caused changes in vacancy rates and availability of sublease space. However the office
market is not considered distressed and is showing signs of improvement. Office building
sales declined to 10 in 2016 from 26 in 2015, as did the price per square foot, and the
overall asking rental rates also dropped slightly. The average vacancy rate increased
slightly to 15 percent from 14 percent. There were 71 newly constructed office properties,
primarily in the Class A sector, that were delivered to the market in 2016, however a
decrease in new construction will reduce the supply of available space.
Houston’s demand for apartments softened because of slow job growth, which
combined with a glut of available units delivered to the market, caused rents to remain
relatively flat. Houston’s booming economy in 2013 and 2014 created investments in new
project, which brought 19,940 units to the market in 2016, the most ever delivered in a
single year.
The retail market appeared to be the strongest sector during 2016 because as oil prices
declined and the price of gasoline fell, consumers gained more disposable income.
Occupancy rates are holding at record high levels at 95 percent. Not only is the retail
market experiencing growth in quantity of retail space, but it has adapted and evolved to
include multi-story projects with ground floor retail in apartment/condominium complexes.
(more)
4. Page 4
Warehouses are expected to continue to grow because of the explosion in e-commerce
activity and Houston’s position as a regional major distribution center. Rental rates
increased just over 6 percent while occupancy rates remained high at 95 percent. The
Houston industrial warehouse sector is expected to see a moderate increase in value
through 2017.
The demand for vacant land has continued to slow. The strongest demand is
concentrated in or near Midtown, Southeast Houston, East Downtown, Galleria, Northwest
Houston and North Houston.
Industrial:
The price of crude oil has begun to rebound. Specific Gulf Coast refining margins are
mixed depending on refinery configurations, the types of crudes processed and the degree of
the distillate production compared to gasoline. The chemicals industry is heavily dependent
on auto manufacturing and home building and reflects increases in new vehicle sales and new
home construction. Chemical-related inventory volumes should be near the levels they were
in January 2016.
Property owners who receive their notices may begin the protest process immediately.
While there is a protest form included in the packet, one of the fastest and easiest ways to
do this is to use the district’s online iFile program at www.hcad.org/iFile.
About HCAD
The Harris County Appraisal District is a political subdivision of the State of Texas
established in 1980 for the purpose of discovering and appraising property for ad valorem
tax purposes for each taxing unit within the boundaries of the district. The district has
more than 1.8 million parcels of property to assess each year with a total market value of
approximately $556 billion. The appraisal district in Harris County is the largest in Texas,
serving approximately 500 taxing units, and one of the largest appraisal districts in the
United States. For further information, visit www.hcad.org.
# # #