There’s rarely a dull moment in Houston’s real estate world, and the fallout from the pandemic has only accelerated trends already underway in residential and commercial real estate. As the Houston Chronicle’s senior real estate reporter, I’ve compiled this list of several key trends affecting Houston’s real estate scene — and in honor of 713 day, all of these articles will be free to access July 12-14.
1. Downtown Houston is in the midst of a major economic shift. Two years after lockdowns emptied the city center, people are again catching Astros games at Minute Maid Park, crowding into concerts at Jones Hall, strolling through Discovery Green and gathering for major meetings and conferences. But a critical element remains missing: the 168,600 workers that once stampeded into the district every weekday. That’s forcing a complete restructuring of the downtown Houston economy. It’s not just the tunnel businesses taking a hit. You can dive in here to see how this uneven economic recovery in downtown is shaping up or check out this accompanying Looped In podcast here.