Houston’s once red-hot housing market has cooled amid the oil slump. Houston’s housing market saw its largest decrease in home sales for the year in July, according to the most recent Houston Association Realtors report. However, homes priced between $150,000 and $499,999 are still selling — falling only by between 1.4 percent to 3.1 percent year over year in July — despite the oil slump. Meyers Research said it believes first-time homebuyers are beginning to jump into the housing market…
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