Economy and real estate to see better times ahead
Houston Chronicle | January 31, 2017
A University of Houston economist and a group of commercial real estate brokers, in separate events Tuesday, delivered mostly upbeat messages that the worst of the oil bust is over.
In the office market, the amount of sublease space has finally peaked, and the retail and industrial sectors continue to expand. But the momentum that helped propel Houston's economy through several years of low oil prices is largely gone.