6 Comment

• MrEction January 25, 2016 at 9:04 am

  I’m honestly pretty surprised to see rental growth. My understanding was that the high end rental market had been severely overbuilt, and they were now offering a lot of concessions, which in my mind would push down prices a bit.
• commonsense January 25, 2016 at 9:57 am

  @MrEction, that’s because it’s a Zillow study, which means it’s as useful as a roll of Sandpaper in the outhouse. They admitted that they have a 70% error rate on any price values in Houston and that their algorithms are geared toward Commiefornia markets. In a nutshell, their numbers are a computer generated opinion of a gluten free hipster in an office in San Francisco above a fair trade coffee shop.
• Derek January 25, 2016 at 10:00 am

  The Chron headline is misleading. The Zillow report is reporting on national trends. It didn’t mention any specific prediction for Houston’s market. There is a statement that “while the expected slowdown is significant nationally, in some local markets, rental growth will just barely cool off.” Houston isn’t listed as one of the markets that will drop significantly like Indianapolis’ expected -1.8%, but it’s hard to parse from the report whether that actually means Houston won’t slow down.
• slugline January 25, 2016 at 10:05 am

  High-end growth may be blunted, but I wouldn’t be surprised if rates are still rising at the low-end of the market.
• The Roanoker January 25, 2016 at 10:54 am

  The Tiny Home movement is starting to get lost; $60K to $100K for a trailer? Why not just buy a real RV?
• Gisgo January 25, 2016 at 11:04 am

  @Zillow: The immortal Arthur Kornberg once said ‘Don’t waste clean thinking on dirty data’.