Odessa
In Texas, it’s all about jobs, jobs, jobs. A new report from the Real Estate Center at Texas A&M University says that the Texas economy gained 276,400 nonagricultural jobs from June 2014 to June 2015, an annual growth rate of 2.4 percent, compared with 2.1 percent for the United States. Many of the major metropolitan areas in…
Read MoreIn 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…
Read MoreThe 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…
Read MoreTwo new reports paint a bright picture of the housing market in Midland and Odessa now and for the next three years. The Local Monitor Reports, released today, cite a 7 percent increase in Midland home prices over the last 12 months, which puts the average home price at $183,463. In Odessa, prices have gone up 5 percent…
Read MoreTwo new reports from Local Monitor Report are projecting big increases in home values in Midland and Odessa over the next three years, almost double the national average. Prices are predicted to rise even more. Home values for Midland are forecast to increase by 8 percent over the next 12 months—compare that to national forecast of 4.6…
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