Economics
How Harvey Will Affect Houston’s Housing Market
- Prices for homes not damaged by the flood waters heading up
- Rental market could also see inflation amid supply crunch
Camden Living CEO: Harvey Changed Houston Housing
This article is for subscribers only.
Just a week after Hurricane Harvey struck Houston, Irma Jalifi was doing something that might sound crazy: writing an offer on a home.
In fact, Jalifi, a real-estate agent with Redfin, put in offers on not one but three Houston houses Tuesday at their asking prices -- two at $1 million and a three-bedroom at $450,000 -- as the new economics of Houston housing began to take hold.