Wednesday, September 16, 2020

Bayou Business Download: A Rough Outlook for Office and Multifamily Real Estate

Published September 16, 2020 by A.J. Mistretta

In this episode of Bayou Business Download we take a deep dive into Houston’s commercial and residential real estate market. What sectors of the market are doing well six months into the pandemic and which ones are struggling in the current environment?

Key topics include:

  • The rising vacancy rate in the office market and the problem newly built inventory presents.
  • The potential problems ahead for the industrial market.
  • Retail’s resiliency despite the negative absorption caused by shuttered stores, restaurants and other businesses.
  • The multifamily conundrum, tens of thousands of new units in a market with little job growth on the horizon.
  • The bright spot of single-family home sales and what it says about Houstonians long-term outlook.

Learn more about Houston’s real estate market.

Bayou Business Download is presented by: 

 

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