Rents in energy cities soar
Rents for high-end office space in cities with strong energy-sector employment have increased more than 25 percent on average this year, far higher than the 4.5 percent average increase in other major...
View ArticleA case for why lower oil prices are good for Houston
Yes, lower oil prices will result in slower job growth and perhaps fewer real estate developments in energy-centric Houston, but there’s also some sliver linings to cheaper oil, said housing expert...
View ArticleHouston economist: home prices to stagnate for several years
Last week, longtime Houston economist said Barton Smith said Houstonians would have to be naïve to think the area will avoid a housing downturn following the collapse in oil prices. “One of the...
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