You can find hardly ever a uninteresting instant in Houston’s authentic estate world, and the fallout from the pandemic has only accelerated traits previously underway in residential and industrial actual estate. As the Houston Chronicle’s senior actual estate reporter, I have compiled this list of a number of key traits affecting Houston’s true estate scene — and in honor of 713 day, all of these article content will be free to entry July 12-14.
1. Downtown Houston is in the midst of a big economic change. Two many years soon after lockdowns emptied the city center, persons are yet again catching Astros game titles at Minute Maid Park, crowding into concerts at Jones Corridor, strolling by way of Discovery Green and gathering for major meetings and conferences. But a crucial aspect continues to be lacking: the 168,600 staff that the moment stampeded into the district just about every weekday. That is forcing a total restructuring of the downtown Houston financial state. It can be not just the tunnel corporations using a hit. You can dive in right here to see how this uneven economic recovery in downtown is shaping up or check out out this accompanying Looped In podcast below.