TIERRA GRANDE

January 2015

Tierra Grande Cover

Yours, Mine or Ours? The Rule of Capture and Subterranean Fluids

(Fambrough) 7pp.

With water becoming more scarce and fracking more common, Texas courts are busy with cases involving oil, gas and groundwater production, as well as injection of wastewater created by the fracking process.

Less is More: Small Parcels Yield Higher Prices

(Gilliland) 6pp.

While Texas land prices vary by region, type of land and size, generally speaking the smallest properties tend to draw the highest per-acre prices throughout the state.

Common Cycles in Metro Housing Markets

(Anari) 8pp.

A Center study looked at common housing market cycles and trends in Texas’ four largest metros — Austin, Dallas-Fort Worth, Houston and San Antonio — over the past nine years.

South Padre Paradox: Selling Homes on Island Time

(Hunt) 7pp.

The residential market moves slow on South Padre Island, just as it has for the past 30 years. So until the deal closes, get yourself a margarita, sit out on the deck and watch the waves roll in.

The Dating Game: Texas Housing Construction Cycles

(Gaines, Torres) 9pp.

Center researchers have identified economic indicators that influence Texas’ residential construction sector. Their goal is to anticipate cycles — that is, ups and downs — in this key segment of the state’s economy.

Heart of the Housing Market

(Dotzour) 5pp.

For most of us, mortgage interest rates determine how much house we can afford. Why do interest rates vary? Because they generally move in tandem with the ten-year Treasury bond rate.

Flipping Houses? Uncle Sam is Watching

(Stern) 4pp.

If the IRS considers you a real estate dealer rather than an investor, expect to write a bigger check at tax time.

 

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