midland-odessa

Apartment Completions Are Booming, But So Are Rents

By Bethany Erickson / March 30, 2018 /
rents

There may be a lot of apartments being built in Texas, but that’s not necessarily translating to more affordable rents, one economist said at a recent conference on affordable housing held at the Federal Reserve Bank of Dallas. Greg Willett, chief economist at RealPage, told the group assembled that the same affordable housing issues that…

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On MidlandDirt.com: Luxury Apartment Construction Up 800 Percent in Midland-Odessa Since 2012

By Joanna England / May 11, 2016 /

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…

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