Developers plan on turning an old Sears into a mixed-use development.


Former Sears property in north Houston to be redeveloped for retail and residential use

Posted on · The 509,600-square foot property on North Shepherd Drive, valued at more than $15.5 million by the Harris Central Appraisal District, was recently purchased by a subsidiary of Lamasar Capital, which plans to redevelop it over the next few years. The lot has been vacant and mostly unused since Sears closed in 2020.

Houston Matters

What Are the Trends in Houston Real Estate for Spring 2017?

Posted on · What are the biggest trends in Houston's real estate market? Have things slowed down? Where's demand highest? We take a look at what Houston's real estate market for renters, buyers, and sellers looks like as we head into Spring with Paul Takahashi of the Houston Business Journal. (Photo: Michael Hagerty, Houston Public Media)

Houston Matters

A Snapshot of Houston’s Real Estate Market

Posted on · We discuss what Houston's real estate market looks like as we head into summer with Scott Davis, principal at Tisona Development, a commercial and residential development company. MORE: Economist Forecasts Best Years Ahead for Houston Housing Market (Houston Business Journal, May 25, 2016) Houston Apartment Market Worsening (Houston Chronicle, April 29, 2016) Houston-Area Home Market […]

Houston Matters

How Houston’s Housing Market Came to Be

Posted on · The Texas Association of Realtors recently released its annual Homebuyers and Sellers Report. The gist: Texas housing demand and new home development remained high last year, but affordability was a challenge because the median household income slightly decreased as home prices continued to rise. But Houston's housing market didn't just crop up overnight. Scott Davis […]

Houston Matters

Checking in On the State of Houston’s Economy

Posted on · We launch a week-long series exploring “The State of Houston” with a conversation about Greater Houston’s economy. We talk with News 88.7 FM business reporter Andrew Schneider about the impact of recent low oil prices on Houstonians, recent developments in construction, whether real estate remains a seller’s market, and whether Houston is as diversified as […]

Houston Matters

Is the Houston Real Estate Market Slowing Down, Stopping or Just Pausing?

Posted on · As the Greater Houston regions continues to gauge just what kind of impact dropping oil prices will have on the economy, many in the real estate industry say the market here isn't slowing down or in a downturn. The term that's floating around is "pause." To discuss just what that means and how a so-called […]

Houston Matters

How are Low Oil Prices Affecting Houston’s Real Estate Market?

Posted on · As discussed previously on this program, the Urban Land Institute and Price Waterhouse Cooper’s “Emerging Trends in Real Estate 2015” report suggests Houston is the country’s number one “market to watch” this year. So, Houston Matters will do just that, periodically, throughout 2015. It’s been a seller’s market in real estate here in Houston for […]

Houston Matters

Is Houston in a Real Estate Bubble That’s About to Burst?

Posted on · According to the Urban Land Institute and Price Waterhouse Cooper’s “Emerging Trends in Real Estate 2015” report, Houston is the country’s number one “market to watch” next year. The ranking is based on factors like investment, development and homebuilding prospects. According to the ULI website, “Houston offers a significant amount of investment opportunity” for folks […]

Houston Matters

Is Buying a House in Houston Still an Affordable Prospect?

Posted on · Houston’s real estate market is aggressive, with low inventory and high prices. Is buying a house in Houston still an affordable prospect for most of us? We talk with a Houston Realtor and a real estate agent about the housing market, challenges first-time home buyers face, and what may be in store for both buyers […]

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