An in depth analytical look at the real estate market in Houston and surrounding areas.
Sunday, December 13, 2015
I want snow and mountains this year!!
I find it difficult to get into the mood for Christmas as temperature and topography in Houston fail to excite at this time of the year. I want to see mountains and snow. That usually means having to travel to Oregon or Colorado. Why can't Texas create artificial mountains? Why can't they dump artificial snow on them? Where is that Texas can do spirit? If Dubai can create this in the desert, why can't Texas do the same here? Here is an indoor ski resort in Dubai.
In eastern China, where it rarely snows and temperatures are mild, there are dozens of indoor ski resorts like this.
In Seoul Korea, artificial mountains with amazing waterfalls were built.
Time for Houston to develop the next world wonder!!
Saturday, December 12, 2015
The Hogan-Allnoch Building was recently torn down. For years it was home to a dry goods retailer.
I personally love these old buildings but I also recognize you can't stop progress. This building will now be turned into a parking lot for at least two years. New owners have eyes on developing a boutique hotel/restaurant in couple of years.
Too bad no affordable residential development is being planned instead. This property was owned by the city and recently auctioned off for the amount of 3 million. My guess is with the way parking rates have been going up, they should be able to recoup their entire investment within a year. Am I right? $25 bucks to park is nuts!!
Tuesday, December 8, 2015
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