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DALTX Real Estate > job growth > MidlandDirt.com: ‘Expect a Strong Housing Market the Next Few Years,’ Reports Say
job growth

MidlandDirt.com: ‘Expect a Strong Housing Market the Next Few Years,’ Reports Say

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Two new reports from the Local Market Monitor say Midland and Odessa can expect a strong housing market for the next few years.

More good news about the real estate market in Midland and Odessa: two new reports from Local Market Monitor say the housing market in both markets is strong and should stay that way for the next few years.

According to the reports, home values for Midland are forecast to increase by 8 percent over the next 12 months, compared to a national increase of 4.6 percent. In the second and third years, prices are forecast to increase 9 percent each year.

In Odessa, home values are forecast to increase by 7 percent over the next 12 months, and 9 percent each year in the next two years.

Why this positive outlook on the strong housing market? Jobs!

Read the whole story over at MidlandDirt.com!

 

Inwood Mortgage Home of the Week: This Hamptons-Style Home Will Trick You Into Thinking You Are… in the Hamptons!
MidlandDirt: Home Values Projected to Fall in 2016, Investments Considered ‘Dangerous’
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Ask Candy: Symptoms of the Hot Market — No Call Backs from Brokers, No Nada
94.4% OR: Dallas Apartment Demand Stronger Than Anywhere Else in U.S.
TAGGED:EconomyHousing EconomyHousing in MidlandHousing in OdessaJob MarketLocal Market MonitorMidlandMidland Home Prices
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