CDS Community Development Strategies
  • Home
  • Who We Are
    • Our Team >
      • Steve Spillette
      • Brenda Crenshaw
      • Michael Prats
      • Ty Jacobsen
      • Scott Reineking
    • Our Clients
    • Testimonials of our Work
    • Work with Us
  • Services
    • Market Analysis & Feasibility Studies
    • Economic & Demographic Analysis
    • Public Plans & Special Districts
    • Housing Studies
    • GIS Services
    • Surveys & Primary Research
  • Newsworthy
  • Lot Price Survey
  • Contact

Houston’s Apartment Gains and Pains Haven’t Been Equally Distributed

8/5/2016

Comments

 
Steve Spillette
CDS Community Development Strategies

Houston remains the largest US metro area most economically tied to oil and gas. Houston benefited from those ties from 2011 to 2014, during a period of high oil prices, adding 380,000 jobs. But since then, oil prices have dropped significantly. While nearly all sectors of the area's economy have felt that drop, some have felt it more than others. The apartment market is receiving a noticeable impact. This article originally appeared in the August 2016 issue of Texas Real Estate Business.
Picture
Picture

Read More
Comments

What $1,500 in Rent Gets You in Various Cities?

7/21/2016

Comments

 
Rent Cafe Blog
While location, location, location is something we tend to emphasize a lot, the best places often come with compromises that are hard to come to terms with—chief among which, the financial matters. But price in itself isn’t everything either. After all, renting a space to live in is all about, well, space. And if you’re anything like us, the more stretch you get for your cash, the wider your grin, so apartment size is important. Then again, you cannot lose sight of location completely…
Picture
​Here’s what $1,500 rents across the US—from 271 sq.ft. in Manhattan to 1,948 sq.ft. in Memphis

Create your own infographics
For the full article click here.
Comments

Houston Chronicle References CDS Study in Examination of Westchase Market

4/12/2016

Comments

 
CDS Community Development Strategies
Link to Article. PDF of Article.
"The Heights at Westchase, the first of three new apartment projects to open in Westchase, adds an upscale rental option to the west Houston business district..."
Picture
The Heights at Westchase, Source: The Houston Chronicle
"The Heights at Westchase and two other projects will add 827 units to Westchase and give it a total of 54 apartment complexes. Richfield Real Estate Corp., a sizable property owner in Westchase, is more than doubling the size of Portico at West8 3003 Seagler Road by adding 296 units for a total of 526 units..."

"A report commissioned by the Westchase District two years ago, before the tumble in oil prices and subsequent cutbacks at energy companies, showed the region was more than 7,000 units short of having enough Class A units to serve its workforce. That means many of the people who work in the Westchase area rent apartments elsewhere."

For the full article see the link above.

Comments

Millennials. Will They or Won't They?

3/23/2016

Comments

 
Kent Dussair
CDS Community Development Strategies

Picture
​Millennials—those currently 19 to 34 years old (born 1981 to 1996)—have been a challenging demographic group for the home building industry to figure out. They’ve kept many wondering as to when and where they will finally decide to buy a home. 

​One major reason Millennials are acting differently has to do with finances. According to the New American Foundation, the average Millennial graduating with a bachelor’s degree has nearly $30k in student loans. This long-term burden of debt competes with other expenditures, and makes it harder to qualify for mortgages. Add fewer job opportunities (and job advances) to the mix and it’s not hard to understand why Millennials are living at home longer with parents, renting rather than buying, and putting off marriage and children. More than changing preferences—these are often sound financial choices. Eventually, Millennials will be buying homes, but they will do so at a lower rate than previous generations and on a delayed time schedule. 

Read More
Comments

CDS Completes Housing Study in Enid Oklahoma

7/16/2015

 
Consultant: More Enid Apartments Not Recommended
The Enid News & Eagle
Link to article.  PDF of article.
Picture
Additional large multi-family apartment projects are not necessarily being recommended in the near term, CDS Market Research President Steve Spillette said during Enid Regional Development Alliance’s annual meeting and quarterly luncheon Thursday.

CDS Market Research performed the 2013 Enid Housing Study and recently updated it with current data — leading to recommendations presented during the meeting.

It has been estimated Enid will need 613 new housing units in the next two years, CDS Market Research Senior Analyst Kirby Snideman said during the presentation.

“The majority of these 613 units should be owner-occupied housing and 200 of those, rental housing,” he said.

Spillette said Esplanade Apartments at Stonebridge — on which ground was broken Thursday — will add 200 units in 2016.

“We don’t necessarily recommend any additional large multi-family apartment projects beyond that, in the very near term. That said, we do think that there should be a continued effort on the part — and we’ve heard that some developers are really looking into this — to build smaller rental projects, such as infill rental townhomes,” he said. “We do think that that would actually be a very good thing to add to the market, in addition to the Esplanade project, especially ones that can be done fairly affordably.”

Spillette said there should be continued efforts to increase the number of moderately priced homes."

See link for full article.


    Follow CDS

    RSS Feed

    Search

    Categories

    All
    CDS In The Press
    CDS Projects
    Commercial Real Estate
    Cost Of Living
    Demographics
    Dense Development
    Employment
    Focus Groups
    GIS
    Grocery Stores
    Housing
    Housing Preferences
    Infrastructure
    Land Use
    LPS
    Market Analysis
    Market Trends
    Master Planned Communities
    Mixed Use
    Multifamily
    Municipal Utility Districts
    Office
    Parking
    Parks And Open Space
    Population Growth
    Race And Ethnicity
    Recreation Planning
    Redevelopment
    Rented Housing
    Research
    Residential
    Retail
    Rural Development
    School Districts
    Self-Storage
    Senior Housing
    Single Family Residential
    Small Towns
    Special Districts
    Student Housing
    Survey
    Taxing Policy
    Urban Planning
    Walkability

    Archives

    September 2019
    August 2019
    February 2018
    August 2017
    July 2017
    April 2017
    March 2017
    February 2017
    January 2017
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    October 2015
    September 2015
    July 2015
    May 2015
    January 2014
    March 2013
    May 2011
    October 2010
    November 2009
    September 2009
    January 2009
    June 2007
    March 2007
    January 2007
    July 2006
    May 2006
    August 2001

© 2019 CDS - All rights reserved.  CDS is an InterDirect USA Ltd. company.
  • Home
  • Who We Are
    • Our Team >
      • Steve Spillette
      • Brenda Crenshaw
      • Michael Prats
      • Ty Jacobsen
      • Scott Reineking
    • Our Clients
    • Testimonials of our Work
    • Work with Us
  • Services
    • Market Analysis & Feasibility Studies
    • Economic & Demographic Analysis
    • Public Plans & Special Districts
    • Housing Studies
    • GIS Services
    • Surveys & Primary Research
  • Newsworthy
  • Lot Price Survey
  • Contact