oil and real estate

MidlandDirt.com: ‘Expect a Strong Housing Market the Next Few Years,’ Reports Say

By Leah Shafer / August 21, 2015 /

More good news about the real estate market in Midland and Odessa: two new reports from Local Market Monitor say the housing market in both markets is strong and should stay that way for the next few years. According to the reports, home values for Midland are forecast to increase by 8 percent over the next 12…

On MidlandDirt: Texas Housing Market Weathering Drop in Oil Prices

By Leah Shafer / March 20, 2015 /

The Lone Star State isn’t the same place as it was during the big 1980s oil bust, and is better weathering falling oil prices, but further price plunges and worker layoffs could negatively impact home sales and construction. This is according to new research by Texas A&M Real Estate Center research economist James Gaines, who…