Odessa Economy

MidlandDirt: Home Values Projected to Fall in 2016, Investments Considered ‘Dangerous’

By Leah Shafer / May 23, 2016 /

Things look grim for the real estate market in Midland over the next 12 months, as home values are forecast to decrease by 5 percent over the next 12 months. In the second and third year, prices are forecast to decrease 2 percent and remain unchanged, respectively, according to new reports from Local Market Monitor. In Odessa, home values are predicted to increase by…

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Texas Economic Forecast: Housing Still Strong Despite Headwinds

By CandysDirt.com Contributor / February 8, 2016 /

By Marcus McCue Executive Vice President and Chief Business Development Officer Guardian Mortgage Company The national housing market remains strong, and Texas, in many respects, is leading the way with record existing-home sales in Dallas and robust price growth. Some housing experts were surprised at just how vigorous the Texas housing market was last year.…

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