Sep

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

Just a week after Hurricane Harvey struck Houston, Irma Jalifi was doing something that might sound crazy: closing on a home.

In fact, Jalifi, a real-estate agent with Redfin, closed 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…

Categories : Real Estate

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How Harvey Will Affect Houston’s Housing Market

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