Midland Real Estate News
We’ve seen more than a few reports come out recently saying that the market is in for a slow down. In fact, the Texas Real Estate Research Center at Texas A&M University recently released a report on that fact. While in some markets, buyers are rejoicing at the prospect of a slowdown, in others, it…
Read MoreThe 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…
Read MoreFourth 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…
Read MoreThe 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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