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Found 1 entry for July, 2018.

Life After Harvey in Houston

On July 10th, I attended a 1 year recap of life after Harvey put together by Fidelity National Title. It was held at the Junior League of Houston. Panelists included Ed Wolff of Wolff Realtors, Lee Martin of Martha Turner, Mike Brubaker of Burbaker and Associates, Leash Yu from Yu Insurance, and Lori Ford with Cornerstone Mortgage.

Wolff started off by comparing Harvey to other flood events, including Allison. There seems to be a trend of values dropping for the quarter after the event, then a quick rise. After that rise, there is a second dip due to the remodels hitting the market. Then the market is normalized in 18-24 months, citing lack of memory as the biggest contributor to that normalization. Harvey was different, he says, because of the

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