Permian Basin
Do you know what North Texas city has the highest rent, and which has seen the biggest year-over-year increases? Who has the longer commute — Dallas or Fort Worth? Where are foreign buyers moving to in the U.S.? We’ll find out all that and more in this week’s real estate news roundup. WHICH CITY HAS…
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New affordable housing is hard to find in Midland-Odessa, as a recent study from RentCafe shows that 100 percent of the new apartments completed in 2015 were high-end units. Nationally, 75 percent of all apartments that came on the market last year were priced at luxury levels. Considering how much the new construction in the single-family market…
Read MoreA Chinese investment firm has its sights set on West Texas as they declare their intent to spend $1.3 billion (8.3 billion yuan) to buy massive oil fields in Howard and Borden counties. This purchase is part of a trend of Chinese interest in U.S. energy resources. Read the whole story over on MidlandDirt.com!
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The shrinking job market in Midland-Odessa has some people in panic mode, with rumors of multifamily developments poised for certain collapse should renters renege on their leases and abandon their apartments. Should we worry about Midland Real Estate? Not so fast, says this story by WFAA. Sure, part of the oil and gas industry’s workforce…
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It seems like economists can’t make heads or tails of the dropping oil prices, other than it’s good for consumers. I filled my little hybrid up the other day for less than $30, so I’m going to call it an obvious win in that column. But with the high demand and limited supply of housing…
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