Results tagged “bartonsmith”

Good morning, Houston. Can Texas gas prices get any higher? Well, sure — they increased for the 15th straight week last week, and now they're edging toward the previous record high. The average price of a gallon of regular unleaded in Texas last week was $2.952, just 1.2 cents short of the previous record, $2.964, which we hit after Hurricane Rita in September 2005. Houston's average price is $2.92, still lower than most major... more ›

It looks like Houston will escape the housing market-bust that many other metropolitan areas will experience, says University of Houston economist Barton Smith. He spoke about the uniqueness of our market yesterday to over 1,000 people at a real estate program. The downside of the good news is that our good housing market has to do with higher energy prices, since Houston is a mecca for energy companies. “This won't produce a '70s boom... more ›