Houston Matters

Is Houston in a Real Estate Bubble That’s About to Burst?

According to the Urban Land Institute and Price Waterhouse Cooper’s “Emerging Trends in Real Estate 2015” report, Houston is the country’s number one “market to watch” next year. The ranking is based on factors like investment, development and homebuilding prospects. According to the ULI website, “Houston offers a significant amount of investment opportunity” for folks […]

According to the Urban Land Institute and Price Waterhouse Cooper’s “Emerging Trends in Real Estate 2015” report, Houston is the country’s number one “market to watch” next year. The ranking is based on factors like investment, development and homebuilding prospects. According to the ULI website, “Houston offers a significant amount of investment opportunity” for folks in real estate. All of which suggests the growth we’ve seen in terms of population, sprawl, and numbers of cars on the road may continue unabated next year. Or, it could mean that housing market that’s been blowing up for some time now…might be about to burst.

We discuss what it means to be THE “market to watch” and consider again if we’re in a housing bubble that could pop. We talk it over with Bill Gilmer from the UH Bauer Institute for Regional Forecasting, and Chaille Ralph, Chair of the Houston Association of Realtors.

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