I'd put a small amount of stock in it. Rose isn't extremely plugged-in but he's a more credible source than most beat reporters. He's probably hearing what he hears from current players.
Houston can't get LMA anyway. Howard, Harden, and Ariza alone make $46.2M next season; even if they dump the entire rest of the team, the empty roster spot cap holds mean they couldn't offer LMA a max contract. They'd be around $2M short. No way the Blazers take back Ariza + filler in a sign-and-trade anyway because the Rockets would need to include several players as salary cap ballast and the Blazers wouldn't want Ariza anyway.
That said, LMA would be a fantastic fit in Houston. He'd be the second option on offense, though.

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