HTX-CYP: Impact 6/18/2026

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Homeownership rates dropping across Houston and Harris County, data shows

Rice University officials unveiled the 2026 State of Housing report for Harris County and the city of Houston, highlighting a number of challenges, including over 50% of surveyed residents expressing concern regarding home affordability.

The breakdown: According to the data, there are 14,000 fewer homeowners within the city of Houston and 19,000 fewer homeowners in Harris County compared to 2023. However, a growing number of homeowners are also expressing new uncertainty about affording housing, Kinder Institute research scientist Stephen Averill Sherman said.

Major concern points for existing and potential homeowners include:

56% are at least "a little" worried about becoming priced out of housing.
58% are at least "a little" worried about being able to afford housing costs.
25% worry "sometimes" or "more often" about being forced to move due to being priced out of housing.

Quote of note: "This is larger than the worst declines during the Great Recession, and the biggest we've seen since these data was tracked yearly starting in 2005," Sherman said.

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Coming Soon

Birkenstock, The North Face to open in Houston Premium Outlets

Houston Premium Outlets announced in a June 15 news release that the shopping center will gain two new stores in June along with two store relocations.

The overview: Shoe retailer Birkenstock and outdoor gear retailer The North Face will join the Cypress outlet mall this month. Birkenstock will be located near Victoria's Secret, and The North Face will be near Aeropostale.

What else?: Clothing retailers Perry Ellis and U.S. Polo Association Outlet have both recently relocated, per the news release. Perry Ellis can now be found near crocs, and U.S. Polo Association Outlet near HeyDude.

Birkenstock opening June 16; The North Face opening June 19
29300 Hempstead Road, Cypress

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Now Open

Landry’s Seafood House now serving Gulf Coast cuisine in Hobby Airport

Landry’s Seafood House is now serving passengers near Gate 41 in William P. Hobby Airport, Houston Airport officials announced in a June 9 news release.

On the menu: The restaurant—which has both sit-down and bar seating—serves a variety of seafood options as well as steaks, sandwiches, salads, pasta and breakfast options, per the release. Guests can also enjoy a full bar with beer and cocktails.

Also of note: The new restaurant opening comes as the Houston area hosts the FIFA World Cup with an expected 4.5 million visitors across both Houston airports over the course of the tournament, Community Impact reported.

“Houston Airports is focused on creating a passenger experience that feels efficient, welcoming and distinctly Houston,” said Jim Szczesniak, director of aviation for Houston Airports. “Landry’s Seafood House gives Hobby Airport travelers a full-service dining option and a recognizable local connection as we prepare to welcome soccer fans from around the world.”

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Good Morning, Cypress!

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