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News – San Antonio

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​SAN ANTONIO​ ​​​– The Real Estate Center's ​28th Annual Outlook for Texas Land Markets​ conference will be ​April 26-27. Registration is now open.

Experts will cover a variety of legal, economic, social, and natural resources issues influencing current land market dynamics. ​An optional TREC Legal Update 1 will be offered immediately following the conference.

Day-one speakers are:

  • Gary Maler, director, Real Estate Center;
  • Jim Gaines, chief economist, Real Estate Center;
  • Detlef Hallermann, clinical associate professor, Texas A&M University Department of Finance;
  • John Romero, program director, Texas A&M Engineering Extension Service​;
  • Todd Staples, president, Texas Oil & Gas Association;
  • Rusty Adams, research attorney, Real Estate Center;
  • Erin Hardin, assistant research scientist, Real Estate Center; and 
  • Charles Gilliland, research economist, Real Estate Center.

Day-two speakers include:

  • Dan Hatfield, Hatfield Properties;
  • Joe Outlaw, professor and extension economist, Texas A&M University Department of Agricultural Economics;
  • Larry Hand, special ranger, District 13, Region 6, Texas and Southwestern Cattle Raisers Association; and
  • Peter Gregg, attorney, Dubois Bryant & Campbell.

Attorney Charles Jacobus will present the legal update.

The conference will be at the Omni Hotel at the Colonnade at 9821 Colonnade Blvd.​​​ Registration is $230 through March 26. With the optional legal update, the conference costs $250. After March 26, the price goes up by $20.

​SAN ANTONIO​ ​​​– The Real Estate Center's ​28th Annual Outlook for Texas Land Markets​ conference will be ​April 26-27. Registration is now open.

Experts will cover a variety of legal, economic, social, and natural resources issues influencing current land market dynamics. ​An optional TREC Legal Update 1 will be offered immediately following the conference.

Day-one speakers are:

  • Gary Maler, director, Real Estate Center;
  • Jim Gaines, chief economist, Real Estate Center;
  • Detlef Hallermann, clinical associate professor, Texas A&M University Department of Finance;
  • John Romero, program director, Texas A&M Engineering Extension Service​;
  • Todd Staples, president, Texas Oil & Gas Association;
  • Rusty Adams, research attorney, Real Estate Center;
  • Erin Hardin, assistant research scientist, Real Estate Center; and 
  • Charles Gilliland, research economist, Real Estate Center.

Day-two speakers include:

  • Dan Hatfield, Hatfield Properties;
  • Joe Outlaw, professor and extension economist, Texas A&M University Department of Agricultural Economics;
  • Larry Hand, special ranger, District 13, Region 6, Texas and Southwestern Cattle Raisers Association; and
  • Peter Gregg, attorney, Dubois Bryant & Campbell.

Attorney Charles Jacobus will present the legal update.

The conference will be at the Omni Hotel at the Colonnade at 9821 Colonnade Blvd.​​​ Registration is $230 through March 26. With the optional legal update, the conference costs $250. After March 26, the price goes up by $20.

​SAN ANTONIO​ ​​​– The Real Estate Center's ​28th Annual Outlook for Texas Land Markets​ conference will be ​April 26-27. Registration is now open.

Experts will cover a variety of legal, economic, social, and natural resources issues influencing current land market dynamics. ​An optional TREC Legal Update 1 will be offered immediately following the conference.

Day-one speakers are:

  • Gary Maler, director, Real Estate Center;
  • Jim Gaines, chief economist, Real Estate Center;
  • Detlef Hallermann, clinical associate professor, Texas A&M University Department of Finance;
  • John Romero, program director, Texas A&M Engineering Extension Service​;
  • Todd Staples, president, Texas Oil & Gas Association;
  • Rusty Adams, research attorney, Real Estate Center;
  • Erin Hardin, assistant research scientist, Real Estate Center; and 
  • Charles Gilliland, research economist, Real Estate Center.

Day-two speakers include:

  • Dan Hatfield, Hatfield Properties;
  • Joe Outlaw, professor and extension economist, Texas A&M University Department of Agricultural Economics;
  • Larry Hand, special ranger, District 13, Region 6, Texas and Southwestern Cattle Raisers Association; and
  • Peter Gregg, attorney, Dubois Bryant & Campbell.

Attorney Charles Jacobus will present the legal update.

The conference will be at the Omni Hotel at the Colonnade at 9821 Colonnade Blvd.​​​ Registration is $230 through March 26. With the optional legal update, the conference costs $250. After March 26, the price goes up by $20.

​​​WASHINGTON, D.C. – ​​​The National Association of Home Builders' (NAHB) Multifamily Production Index (MPI) rose seven points to 53 in fourth quarter 2017.

​The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of zero to 100. A number above ​​​​50 indicates a net positive outlook.​​

All three key elements of the MPI rose in the fourth​ quarter. Construction of low-rent units rose two points to 56. Market-rate rental units climbed 11 points to 54, and for-sale units increased nine points to 49.

The Multifamily Vacancy Index (MVI), which measures the industry's perception of vacancies, remained even at 41. Lower numbers indicate fewer vacancies. The MVI has been fairly stable since 2013 after peaking at 70 in second quarter 2009.

“Multifamily developers continue to see solid demand in many parts of the country,” said Steven Lawson, chairman of NAHB’s multifamily council. “However, developers need to be careful to manage costs as prices of land, labor, and some building materials continue to rise."

“The positive MPI reading is consistent with builder sentiment readings in other segments of the housing industry,” said NAHB Chief Economist ​Robert Dietz. "Continued job growth and increasing household formation are key drivers for the multifamily market moving forward.”​

​​​WASHINGTON, D.C. – ​​​The National Association of Home Builders' (NAHB) Multifamily Production Index (MPI) rose seven points to 53 in fourth quarter 2017.

​The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of zero to 100. A number above ​​​​50 indicates a net positive outlook.​​

All three key elements of the MPI rose in the fourth​ quarter. Construction of low-rent units rose two points to 56. Market-rate rental units climbed 11 points to 54, and for-sale units increased nine points to 49.

The Multifamily Vacancy Index (MVI), which measures the industry's perception of vacancies, remained even at 41. Lower numbers indicate fewer vacancies. The MVI has been fairly stable since 2013 after peaking at 70 in second quarter 2009.

“Multifamily developers continue to see solid demand in many parts of the country,” said Steven Lawson, chairman of NAHB’s multifamily council. “However, developers need to be careful to manage costs as prices of land, labor, and some building materials continue to rise."

“The positive MPI reading is consistent with builder sentiment readings in other segments of the housing industry,” said NAHB Chief Economist ​Robert Dietz. "Continued job growth and increasing household formation are key drivers for the multifamily market moving forward.”​