A report from Raymond James indicates that, since global oil output dropped in 2008 despite high prices, the world may have hit Hubbert's Peak.
The Cottage Square neighborhood, built in the wake of Hurricane Katrina, provides modest but reliable mixed-use buildings.
Following the completion of Portland's streetcar system in 2001 and its subsequent success, cities nationwide are considering streetcar lines of their own.
Long-term relative stability and recent modest improvements in Houston home prices may position the market for a quicker recovery.
Recent updates from the Greater Houston Partnership note that oil and gas are still far below '08 price averages, as is drilling.
Ed Wulfe predicts that in 2009 Houston will add less than 50 percent of the amount of new retail space that it added in 2008, which may not be all bad news.
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Trends are up and down, with the decline in home sales possibly slowing, new building contracts still down, and building permits rising above '08 values.
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