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Tierra Grande

April 2007

April 2007

In This Issue

Property Taxes and Seniors

Megachurches

Migration from Louisiana

Investing in Seniors Housing

Texas Water Supplies

Energy Tax Credits

Inflation and Real Estate

Cotenancy

Readership Survey

Advisory Committee Appointments

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Features

Center Welcomes New Advisory Committee Members
< 1 minute read
Apr 20 2007

Center Welcomes New Advisory Committee Members

The governor appointed several new members to the Real Estate Center Advisory Committee in 2006-07. Here's a profile on each.
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Golden Opportunities: Is Seniors Housing a Good Investment?
< 1 minute read
Apr 15 2007

Golden Opportunities: Is Seniors Housing a Good Investment?

Accurate market data and analysis and creative marketing strategies will be critical to the success of independent living, assisted-living and nursing home developments. A hugh wave of demanding baby-boomer retirees...
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Will Work for Property Taxes
Land Markets
< 1 minute read
Apr 15 2007

Will Work for Property Taxes

Texas tax laws provide seniors protection against rising tax levies. The need to raise revenue for schools has driven property tax reform since 1970.
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Big Gulp: Quenching Texans’ Thirst for Water
Land Markets
< 1 minute read
Apr 15 2007

Big Gulp: Quenching Texans’ Thirst for Water

The Texas water plan foresees adequate supplies well into the future for most areas. Agriculture in the Panhandle and High Plains may face unmet needs in a severe drought. Investors...
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You Said It!
< 1 minute read
Apr 15 2007

You Said It!

Results of a Tierra Grande readership survey.
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Inflation
< 1 minute read
Apr 15 2007

Inflation

Inflation has both positive and negative effects on property owners' wealth. Price appreciation increases owners' equity, but inflation makes mortgage rates rise, which lowers demand for properties. Real Estate Center...
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Cotenants: Not so Cozy a Relationship
< 1 minute read
Apr 15 2007

Cotenants: Not so Cozy a Relationship

Owning property as contenants creates a unique relationship that may not be beneficial to all parties. Each cotenant must know his or her rights and responsibilities for the relationship to...
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Good Heavens! Texas Churches Grow to Biblical Proportions
< 1 minute read
Apr 15 2007

Good Heavens! Texas Churches Grow to Biblical Proportions

Megachurches -- churches with an average weekly attendance of 2,000 -- are springing up across Texas. Their church leaders look for large parcels with abundant parking potential. Former retail, industrial...
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Howdy, Neighbor. Katrina Boosts Texas Population
< 1 minute read
Apr 15 2007

Howdy, Neighbor. Katrina Boosts Texas Population

Texas' average annual population increase of 400,000 from 2000 to 2005 increased to 579,000 from 2006 to 2006. Facts support the contention that 120,000 to 160,000 people moved to Texas...
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Energy Efficiency Pays
< 1 minute read
Apr 15 2007

Energy Efficiency Pays

Homeowners can receive tax credits for certain energy efficiency property and improvement expenditures. The nonbusiness energy property credit expires at the end of 2007; the residential energy-efficient property credit expires...
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