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"Blazing the Preservation Trail: King Ranch's Legacy of Wildlife Stewardship"
(Gilliland) No. 1855, Tierra Grande reprint, 2pp. (4/24/2008) |
 King Ranch shareholders have been well ahead of the curve in their commitment to a conservation-driven land management ethic. As early as 1912, the ranch's business decisions were made only after considering their effects on the diverse wildlife populations and natural habitats of this legendary South Texas landholding.
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"Bubble Watch 2008"
(Anari) No. 1854, Tierra Grande reprint, 3pp. (4/24/2008) |
 House values are determined by net rents. Stock price-to-earnings ratios can be helpful when studying home price-to-rents ratios. Monitoring these ratios can yield a "normal" price-to-rent ratio for an area, which in turn can suggest whether a price bubble may occur.
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"Green House Values"
(Hunt) No. 1858, Tierra Grande reprint, 2pp. (4/24/2008) |
 Some buyers choose green amenities for their earth-friendly benefits; others want lower bills. Green features generally do not add to the value of a home until sufficient sales data show that homebuyers in the local market are willing to pay more for those features.
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"Home Sale Rules Enhanced"
(Stern) No. 1859, Tierra Grande reprint, 1pp. (4/24/2008) |
 Several new IRS rulings accommodate the needs of taxpayers who sell their homes "early" because of "unforseen circumstances."
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"Search for Tomorrow: The Science of Forecasting"
(Hunt) No. 1857, Tierra Grande reprint, 4pp. (4/24/2008) |
 Accurate forecasting facilitates better business decisions. But accuracy requires information that is not readily available. Although forecasting is a complicated and inexact science, it is nevertheless valuable
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"Viva Retirement! Looking South of the Border"
(Hunt) No. 1852, Tierra Grande reprint, 4pp. (4/24/2008) |
 Studies show that Americans retiring to Mexico are seeking a lower cost of living and better quality of life. Most still want to live where there are other Americans so they can socialize with them, and they want access to American products and services.
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"What's in YOUR Building?"
(Thomas & Dotzour) No. 1853, Tierra Grande reprint, 3pp. (4/24/2008) |
 Cities are encouraging builders to develop commercial buildings to meet energy-efficient LEED standards. Retrocommissioning, the process of analyzing system performance in existing buildings for the purpose of improving operations and maintenance, is becoming more common as owners struggle to maintain Class-A and AAA ratings.
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"Wind Rights and Wrongs"
(Fambrough) No. 1856, Tierra Grande reprint, 4pp. (4/24/2008) |
 Wind leases differ from mineral leases in significant ways. For example, signing bonuses are less for wind leases, terms are of different length, royalty payments are not protected by statute and surface rights are not automatic
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Texas Land Market Developments -- First Half 2007
(Pachchigar & Gilliland) No. 1851, Technical report, 8pp. (2/20/2008) |
 Sales volume dropped 31 percent in the first half of 2007, but prices rose 15 percent. The average property sold averaged 82 acres, a new low. There was a continuing interest in land as an investment. Some buyers immediately put purchased property back on the market.
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Texas Economic Growth and Volatility
(Anari) No. 1850, Technical report, 3pp. (2/1/2008) |
 The latest report from an ongoing research program to monitor the growth rate and volatility of the Texas economy as a whole and within the state's MSAs.
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"Double Whammy: Foreclosure and Taxes"
(Stern) No. 1842, Tierra Grande reprint, 2pp. (1/20/2008) |
 Foreclosure has two possible tax consequences. Tax may be due as ordinary taxable income associated with the cancellation of debt or as taxable gain from the disposition of the asset.
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"How Inventory Affects Housing Prices"
(Anari) No. 1843, Tierra Grande reprint, 3pp. (1/20/2008) |
 A key macroeconomic concept -- nonaccelerating inflation rate of employment -- can be used to determine whether home prices in an area will go up or down.
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Landlords and Tenants Guide
(Fambrough) No. 866, Technical report, 118pp. (Revised 1/20/2008) |
 This report explains in everyday language the sections of the Texas Property Code dealing with a residential landlord's responsibility and liability for repairs, evictions, security deposits, smoke alarms and utility cutoffs.
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"Little Pieces, Big Prices"
(Pachchigar & Gilliland) No. 1848, Tierra Grande reprint, 2pp. (1/20/2008) |
 Texas land sales are slowing somewhat, but prices are still rising. For the first time, the per-acre price was more than $2,000, reaching $2,075 for the first half of 2007.
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"Looming Boom: Texas Through 2030"
(Gaines) No. 1841, Tierra Grande reprint, 5pp. (1/20/2008) |
 The next quarter century should be marked by prosperity in Texas, driven by population and job growth. By 2030, the state is expected to have added 13.6 million people, the equivalent of another Dallas-Fort Worth, San Antonio, Houston and Corpus Christi
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"Packin' It Up: Texans on the Move"
(Anari) No. 1847, Tierra Grande reprint, 4pp. (1/20/2008) |
 Whether they rent or own their homes, Texans are on average more likely to move than U.S. residents as a whole. Relocations translate to commissions for real estate licensees and big bucks for moving-related businesses.
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"Private Equity"
(Donnell) No. 1849, Tierra Grande reprint, 3pp. (1/20/2008) |
 Private equity firms have transformed the ways institutional investors invest in real estate. Core, value-added, opportunistic and fund of funds investmens use different strategies to produce competitive, risk-adjusted returns.
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"Ranching for Rookies"
(Gilliland) No. 1845, Tierra Grande reprint, 3pp. (1/20/2008) |
 Landowners, especially those buying land for weekend getaways, may not understand the rangeland management strategies necessary to keep vegetation and wildlife in healthy balance
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"Recognizing Mortgage Fraud"
(Fambrough, Garner & Meyer) No. 1846, Tierra Grande reprint, 2pp. (1/20/2008) |
 Mortgage fraud is a serious offense that negatively affects the entire industry. Practitioners can report suspected fraud to authorities without fear of reprisal.
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"Snapshot: Office Markets"
(Hunt) No. 1844, Tierra Grande reprint, 2pp. (1/20/2008) |
 The Texas office market has steadily improved in recent months. This article gives an overview of Texas' major metro office markets.
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Residential Lease Addendum
(Fambrough) No. 1837, Reference, 21pp. (1/10/2008) |
 Effective Jan. 1, 2008, all residential leases must contain language in underlined or bold print that informs tenants of their remedies available under the Texas Property Code. To assist Texans in complying with this requirement, the Real Estate Center has reproduced the two sections of the law in a format that can be added as an addendum to any written residential lease. The required information in the heading must be inserted, and the parties must sign and date the addendum at the end.
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2006-07 Real Estate Center Annual Report
(McQuistion) No. 1839, Special report, 10pp. (12/15/2007) |
 The signs were unmistakable in 2006-07 that the reputation of the Center has expanded far beyond the Texas borders. This annual report shows how and why that happened.
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2008 Real Estate Center Calendar
(Staff) No. 1840, Other, 13pp. (12/15/2007) |
 Beautiful photographs taken by the Real Estate Center staff put Texas real estate in a new light.
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"Floreclosure for Dummies"
(Fambrough) No. 1786, Tierra Grande reprint, 3pp. (Revised 10/30/2007) |
 Home loan defaults are rising. Here's a step-by-step description of the foreclosure process.
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Understanding the Condemnation Process in Texas
(Fambrough) No. 394, Special report, 20pp. (Revised 10/30/2007) |
 Explains where the power to condemn comes from, which entities have this power, what the Texas condemnation procedure is and how property rights are best protected.
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