Permian Basin

Real Estate News: Does Your City Have the Biggest Rent Increases in North Texas?

By Bethany Erickson / August 20, 2018 / 1 Comment
Real estate

Do you know what North Texas city has the highest rent, and which has seen the biggest year-over-year increases? Who has the longer commute — Dallas or Fort Worth? Where are foreign buyers moving to in the U.S.? We’ll find out all that and more in this week’s real estate news roundup. WHICH CITY HAS […]

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On Luxury Apartment Construction Up 800 Percent in Midland-Odessa Since 2012

By Joanna England / May 11, 2016 / 0 Comments

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 […]

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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!    

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On MidlandDirt: Should the Permian Basin Panic Over Drop in Jobs?

By Joanna England / March 3, 2015 / 0 Comments

The 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 […]

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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 […]

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