odessa housing market

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

By Leah Shafer / February 14, 2016 /

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 /

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 /

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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