After roller coaster 2022, here's what's in store for Houston real estate

Plus: Tesla planning big new industrial site west of Houston

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View in browser NEW YEAR SALE: Get 3 Months of the Local News Source You Need for Only 99¢. Subscribe Today. Good morning. Here are the top real estate stories around Houston this week: Photo: Melissa Phillip, Staff Photographer Houston housing market set to drop again in 2023 What happens in Houston's real estate market in 2023 will largely depend on the fate of the economy as the nation lumbers toward a recession. Here's what to expect in the year ahead for mortgage rates and home prices in Houston.    Venture backed by billionaire Hildebrand plans 2,800 homes Planned for 2,800 homes, the community is being developed in partnership with Plow Realty.   Exclusive: Tesla planning big new industrial site west of Houston Tesla appears to be preparing a large new industrial facility just west of Houston in a project that further deepens the electric vehicle maker's investments in Texas about a year after billionaire Elon Musk moved the firm's headquarters to Texas.   Downtown Finn Hall opens batch of new restaurants A roundup of retail real estate activity in the Houston area   Katherine Feser Real estate reporter katherine.feser@chron.com               GET 3 MONTHS OF THE LOCAL NEWS SOURCE YOU NEED. Unlimited Digital Access for Only 99¢ Act Now No Commitment | Cancel Anytime Unsubscribe  |  Manage Preferences  |  Privacy Notice Houston Chronicle 4747 Southwest Freeway, Houston, TX 77027 © 2023 Hearst Communications