Houston single family housing sales set an all-time record in 2016 despite sub-$50 oil prices. It’s all about jobs. In prior oil and gas downturns, Houston – The Woodlands – Sugar Land Metropolitan Statistical Area (MSA) lost up to almost 5 percent of all total net jobs. And this time? On a net basis, Houston finished up 2016 with an all-time record number of jobs at 3.016 million. That is a gain year-over-year of 14,400 net new jobs. While a miniscule growth percentage of 0.5 percent, it still was positive.… Read More The Best Oil and Gas Downturn Houston Has Ever Seen