Oil Prices

Neiman Marcus Earnings Call: Real Softness in a Couple of Texas Stores

By Candy Evans / March 17, 2016 / 3 Comments

Their clothing and shoes (and jewelry! yes jewelry!) make us happy, but a little doom and gloom is hanging over Neiman Marcus after the retailer’s Tuesday morning earnings call this week. And if you are in the business of pushing luxury products, like million dollar homes or vacation homes, you pay attention. The take-aways: it’s […]

Read More

INFOGRAPHIC: North Texas Ranks in 7 Best Texas Cities for Employment Growth

By Leah Shafer / July 29, 2015 / 0 Comments

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 More

On MidlandDirt: Texas Housing Market Weathering Drop in Oil Prices

By Leah Shafer / March 20, 2015 / 0 Comments

The Lone Star State isn’t the same place as it was during the big 1980s oil bust, and is better weathering falling oil prices, but further price plunges and worker layoffs could negatively impact home sales and construction. This is according to new research by Texas A&M Real Estate Center research economist James Gaines, who […]

Read More

On MidlandDirt.com: New Home Construction Still Gangbusters Despite Drop in Oil Prices

By Leah Shafer / January 28, 2015 / 0 Comments

With Western Texas Intermediate oil hovering around $45 a barrel, folks have been speculating about new home construction in Midland-Odessa and how layoffs and budget cuts might affect the spectacular boom of the past few years. But while economists might raise a red flag, local homebuilders say pent-up demand and a more diversified economy are […]

Read More

Home Prices Hit Highs in 2014, But Will Oil Prices Bring Down The Building Boom?

By Joanna England / January 12, 2015 / 1 Comment

It seems like economists can’t make heads or tails of the dropping oil prices, other than it’s good for consumers. I filled my little hybrid up the other day for less than $30, so I’m going to call it an obvious win in that column. But with the high demand and limited supply of housing […]

Read More