Houston's real estate market has caught the eye of investors worldwide, prompting one to call the Bayou City the "perfect storm for commercial real estate," according to a new report from the Urban Land Institute and PwC.
The "Emerging Trends in Real Estate 2015" report ranked Houston the country's No. 1 market to watch next year. That's up from No. 2 in 2014 and No. 5 in 2013.
Houston ranked No. 1 in both investment and development prospects, and it came in second to Austin for homebuilding prospects.
Read more...Urban Land Institute's Emerging Trends in Real Estate 2015 report names Houston No. 1 market to watch - Houston Business Journal