Spring generally boosts the real estate market. Yet, the overall housing market has shown some signs of slowing last month. According to the VeroFORECAST™ for the first quarter of 2019, the overall trend just continues the slowing that appeared in the previous quarter. The good news for Midland though is that we aren’t among the slowing markets.

Several unexpected hot spots have been identified according to Realtor Magazine. Now, we don’t really think that Midland being a hot spot is really that unexpected, because our economy is thriving in the Permian Basin. We are pleased that among the 20 hottest metros, Midland came in third place though!

The Realtor Magazine list shows how fast homes sell, or how many “days on the market” and the number of listing views are recorded. These indicate buyer demand. We don’t think that anyone is surprised that Midland has high buyer demand, but it’s a great topic to talk about! People are flocking to Midland, because of the strong economy the oil industry is showing.

The only metros that came in ahead of Midland were Columbus and Boston.

Are You Buying a Home in Midland?

The Underwood Group is a team of top real estate professionals in Midland. We know Midland real estate, so if you’re thinking about buying with this kind of market, you’ll absolutely need our expertise. Call our team of Midland real estate agents at 432-698-0411 today.

If you’re looking for a new home, search by school district or search Midland real estate listings by price:

Hoping To Sell A Home In Midland?

It won’t be hard to sell your Midland home, but when you choose to list your house with us, our experience can help ensure that you get the highest return on your investment! Plus, 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.

Don’t forget to find us on Facebook for community updates and the latest listings.

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