Odessa Real Estate
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…
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…
Read MoreThe dip in oil prices doesn’t appear to affect the housing market, at least according to the lastest report on Midland and Odessa from Local Market monitor. Both West Texas cities will see year-over-year growth, and the economic analysts studying the investment situation in the area consider these two markets as “low risk” Read a…
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