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...
Tag : Oil Prices and Houston Real Estate
Comerica: Low Oil Prices Create an Economic ‘Sea Change’ and 11 Percent Drop in Housing Starts to Houston
HOUSTON – Significantly lower oil prices represent “a sea change” in the Houston economy and will bring about a weaker commercial real estate market and...
Oil Price Crash Will Cause a 10 to 12 Percent Drop in Home Sales in 2015, Houston Association of Realtors Says
HOUSTON – Houston Association of Realtors is predicting a 10 to 12 percent decline in home sales in 2015 because falling oil prices will hurt...