Houston Home Prices Hit an All-Time High
HOUSTON – Houston home prices have reached an all-time high as the median home price hit $233,000 in May, the Houston Association of Realtors reported....
Tag : layoffs
Houston Forecast: Economist’s Gloomy 2015 Prediction Will Be Wrong – Again
Editor’s Comment by Ralph Bivins: Bill Gilmer, director of the Bauer Institute for Regional Forecasting at the University of Houston, delivered an incredibly gloomy economic...
Best April Ever for Home Sales in Houston, Despite Energy Gloom
HOUSTON – Last month was the strongest April ever for home sales in Houston, despite a downturn in the energy industry, which has prompted local...
Bulletproof: Despite Oil Crash, Texas Home Sales Surge in First Quarter; Inventory at All-Time Low
AUSTIN – The Texas residential markets remained immune to the drastic fall in oil prices, as the Lone Star State posted exceptionally strong home sales...
Home Sales in Houston Up 3.8 Percent in March
HOUSTON – Home sales in Houston were strong in March, as a downturn in the energy industry failed to inflict serious damage to the housing...
Houston Adds 96,700 Jobs, Despite Oil Woes
HOUSTON – Despite the downbeat tone of economy in the oil-rich Lone Star State, Houston continues to put up some impressive jobs growth numbers. The...
JLL’s Dan Bellow: Landlords Cut Rents as Houston Becomes a Tenants Market Again
HOUSTON – Long-time Houston broker Dan Bellow, president of Jones Lang LaSalle-Houston, says some Houston office buildings owners have reduced rents and overall rental rates...
50 Proposed Multifamily Projects Killed or Postponed in Houston in Wake of Oil Crash
HOUSTON – Developers have shelved plans to build some 50 multifamily projects in Houston, where a sharp drop in oil prices has dampened the local...
What Oil Bust? Houston Home Sales Surge in January
EDITORS NOTE: Houston has a 2.6 months supply of homes for sale, which is near a record low. The energy industry downturn will put pressure...
Energy Fallout: 1 Million SF of Sublease Office Space Hits Houston Market
HOUSTON – Energy firms are putting excess Houston office space on the market for sublease following layoffs and pullbacks in their exploration plans, says Dan...