Blessed to live in Midland where the Sky Is The Limit!

By
Real Estate Broker with Legacy Real Estate Midland TX

It seems almost everday I turn on the TV and there is news about the unemployment being high everywhere and foreclosures are driving real estate inventory.  Well hold up, not in Midland, Texas that is not at all what is going on right now.  Our economy is strong, unemployment is low,  and the housing market is,  well let me just tell you.  We have a shortage of inventory. with just under 400 active listings, and only a handful of those are foreclosures. For a city of of over 103,000 this is not much inventory.  Currently we have just over two month of inventory on the market. Houses are selling quickly and are in demand.

I am sharing this information because I feel blessed to live in a city that is thriving. I remember when I was first told of the possibility of moving to Midland. I thought really, there is nothing in Midland! Now that I have lived here almost 10 years and have been in real estate that long, I wouldn't leave even if someone offered to pay me. 

It a city that is not too big not small,  We don't have any lakes, which makes for a great weekend get away.  We have some really great weather, and we have high school football.  If you have heard of  Friday Night Lights, then you are familiar with the Midland/Odessa area.

You might be asking yourself what is driving our healthy economy.  Well if you have heard of Midland, TX, you are familiar with our oil industry.  It is definitly a major factor in our city right now. The price of oil is making our area grow everywhere in Midland.  It is a great place to be part of and sell real estate.  I love the people and I look forward to an even more wonderful growing community.

 

 

pump jack

 

 

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Topic:
ActiveRain Community
Location:
Texas Midland County Midland
Tags:
midland texas real estate
market conditions

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Ambassador
959,543
Alan May
Evanston & Northshore of Chicago real estate
Coldwell Banker Residential

go forth, and be a church mouse no longer!!  ;-)

November 03, 2011 01:31 PM
Rainmaker
28,515
Virginia Elizondo
Midland Tx 432-349-7782
Legacy Real Estate Midland TX

Aww, thank you Alan.  You are my very first comment on my first blog. 

November 03, 2011 01:44 PM
Ambassador
959,543
Alan May
Evanston & Northshore of Chicago real estate
Coldwell Banker Residential

And I hope just the beginning of a dynasty!

November 03, 2011 07:07 PM
Rainer
245,118
Shannon Coe
916-741-1664, Lincoln, Rocklin, Loomis, Roseville
Allison James Estates and Homes

Great  Blog, nice to know Midland is doing well. Keep up the good work.

November 28, 2011 10:12 AM
Rainmaker
28,515
Virginia Elizondo
Midland Tx 432-349-7782
Legacy Real Estate Midland TX

Thank you Shannon. I appreciate your comment.

November 28, 2011 12:41 PM
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Rainmaker
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