An online housing area study shows Midland and Odessa both have a new median multiple of 2.7 years. But what does that mean? The median multiple is considered the number of years it would take the median income in a real estate market to pay off the median home price. So, in Odessa and Midland [...]
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 [...]
Realtor.com ranked Midland, Texas in its top Five markets list in both November and December. Midland was the top market in the whole United States for all of November. For December, it had slipped to the number two spot, but was still outranking almost every other real estate market in the entire country! Though the [...]
Midland County real estate is the hottest real estate market in the entire country, according to the June figures from the Permian Basin Board of Realtors. Midland County homes with sales prices between $300,000 and $399,999 only stayed on the market an average of 11 days! Then, when you leave price out of it, the [...]
