The June 17 episode of The Houston Breakdown dives into the latest trends in the Texas and Houston housing markets and more topics from around the Houston metro.
Real estate expert projects complications with rising interest rates
Following a dip early in the pandemic, home prices in Texas' major metros have been increasing at a steady clip, with Houston's median sales prices for single-family homes continuing to break records.
However, with mortgage interest rates on the rise, a market cooldown could be around the corner, according to Adam Perdue, a research economist with the Texas Real Estate Research Center.
Also on this episode...
Community Impact reporter Jishnu Nair discusses the growing gap in health care infrastructure in northern Montgomery County as more residents move to the area. Plus, the Texas Central project struggles to get off the ground as CEO Carlos Aguilar resigns; Cy-Fair ISD sees an increase in calls to remove certain books from libraries; Houston celebrates Juneteenth and more.