The Houston Chronicle investigates the Houston-Area real estate market, finding signs of the oil slump's effect on a formerly hot market.
"Houston-area home sales fell 8.8 percent in July, the most severe decline since last winter and a sign that the oil slump finally may be catching up with the housing market," reports Nancy Sarnoff.
"The July drop follows months of relative stability in the property market, which defied the impact of low crude prices that have bankrupt scores of energy companies and resulted in layoffs across the region," adds Sarnoff.
So far, local economic efforts are describing the trend as a yellow flag, but that could change to a red flag if the year-over-year drop continues for a few more months.
FULL STORY: Houston housing market takes summertime hit
The Shifting Demographics of Homeownership
Hispanics are the only racial group projected to increase their rate of homeownership over the next two decades, according to a new analysis.
New York Real Estate Market Shows First Signs of an Uneven Recovery
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New Homes Selling Like Hotcakes
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What ‘The Brutalist’ Teaches Us About Modern Cities
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‘Complete Streets’ Webpage Deleted in Federal Purge
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Healing Through Parks: Altadena’s Path to Recovery After the Eaton Fire
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San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Electric Vehicles for All? Study Finds Disparities in Access and Incentives
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research