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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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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MidlandDirt: Chinese Company to Buy West Texas Oil Fields in $1.3 Billion Deal

By Leah Shafer / November 6, 2015 / 0 Comments

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

By Leah Shafer / August 21, 2015 / 0 Comments

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 […]

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On MidlandDirt.com: Permian Basin Builders Assoc. Offers Benefits to Members, Buyers

By Leah Shafer / July 17, 2015 / 0 Comments

In the Midland-Odessa area, there’s a big resource for business people in all aspects of residential and commercial construction, the Permian Basin Builders Association (PBBA). This group is known for its two big annual events, the Home and Garden Show each February and the Parade of Homes each October. But they offer other benefits to members […]

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On MidlandDirt.com: Catch the Final Four Hot Summer Nights in Odessa

By Leah Shafer / July 10, 2015 / 0 Comments

The Hot Summer Nights season is underway at Noel Heritage Park in Odessa, and after a week off for the Fourth of July holiday, the series starts its final four performances tonight. Hot Summer Nights, an Odessa family-friendly concert series held in partnership with Main Street Odessa, features a variety of musicians. All concerts are […]

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