The Midland-Odessa Regional Economic Index continues its sharp rise. Actually, the Midland-Odessa Regional Economic Index is on track to surpass even it’s all time high that was achieved in January of 2015. Plus, it’s already up a stunning 20 percent from the March 2017 Midland-Odessa Regional Economic Index! During the first quarter of the year alone, it grew at an annualized rate of 18.7 percent!
The general economic data in the Midland-Odessa Regional Economic Index indicates a genuine booming economy. Even the first quarter real auto spending was up by nearly 45 percent. Both general spending and auto spending hit new record highs during the first quarter. And there’s no signs of a slow down.
Plus, Midland currently enjoys one of the hottest markets in the country. Only San Francisco beats out our small city according to a recent analysis. The Midland real estate market jumped from a No. 5 spot in January to the No. 2 spot!
Additionally, the amazing upward growth in Midland-Odessa employment data shows that Midland in particular is moving on up, surpassing all estimates. Plus, Midland enjoys a stunning 49.4 percent spending increase above January 2017.
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Hoping To Sell A Home In Midland?
Midland 1st Choice Real Estate offers a Free Market Analysis to clients. This free analysis provides our clients with the best comparative value by looking at similarly featured home recently listed and sold in Midland Texas.
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