Midland Real Estate News

On MidlandDirt: Shale Slump Continues to Affect Housing Market, Home Values

By Leah Shafer / February 14, 2016 / 0 Comments

New numbers are in for the January real estate market in Midland, and the experts say the drop in oil prices are continuing to affect housing prices. In Midland, the Local Market Monitor Report analysts predict a 1 percent decrease in home values over the next 12 months. Nationally, prices are forecast to increase by 4.4 percent. Read […]

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On MidlandDirt: Home Values Projected to Fall in 2016, Investments Now ‘Speculative’

By Leah Shafer / January 13, 2016 / 0 Comments

The December housing numbers from Local Market Monitor Report are not painting a rosy picture of the real estate market in Midland, and home values are forecast to decrease over the next 12 months. Since their peak in the first quarter of 2015, home prices in Midland have fallen by 3 percent. The average home price in this market […]

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MidlandDirt: Reports Dial Back Enthusiasm for Midland, Odessa Housing Markets

By Leah Shafer / December 9, 2015 / 0 Comments

Fourth quarter numbers from Local Market Monitor Report are in for the Midland and Odessa real estate markets and the enthusiasm is being dialed back for both markets. Notably, they have lowered the investment score for Midland to 2.7, making is speculative. Odessa’s number is now 4.9, making it medium risk. Reports earlier this year […]

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On MidlandDirt: Should the Permian Basin Panic Over Drop in Jobs?

By Joanna England / March 3, 2015 / 0 Comments

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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Home Prices Hit Highs in 2014, But Will Oil Prices Bring Down The Building Boom?

By Joanna England / January 12, 2015 / 1 Comment

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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