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Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends

The door is always open in warm Midland, Texas. This scenic southwest city is conveniently located on Interstate 20 and its namesake derives simply because it is halfway between Fort Worth and El Paso. Home to the Big Ben National Park, its splendid isolation brings a national significance to Texas, as it is the largest protected area of Chihuahuan Desert topography and ecology in the United States. Once a prosperous railroad town, the Midland metropolitan area now has a thriving population of over 100,000 largely due to the oil boom. The Permian Basin, of which is in the geographic center of Midland, is said to contain 16% or more of the nation's oil reserves. The "Tall City" brings together anything one would want in a modern city without the inconvenience of traffic congestion and also headquarters to West Texas Abstract, one of Fidelity National Financial’s most dynamic title brands and real estate teams. West Texas Abstract serves the residential and commercial real estate industry, with both direct operations and agency support. Our office is strategically located in Midland.

Our team of professionals works in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the Real Estate Professionals, lenders, builders and attorneys that work alongside them. In addition to our commitment to the residents of Texas, we provide commercial services to investors who help keep our economy strong.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk.


The Latest Articles From the FNF Newsdesk:

The Home Improvement Projects Spring Sellers Should Tackle Now (and What To Skip)
...their home for sale say it took longer than expected. Today’s housing market is far different than the frenzied pandemic era of bidding wars and record-fast sales. A recent Zillow analysis finds...

What's happening with the housing market? Mortgage rates, home prices and affordability
...reluctant to take the plunge on financing a home purchase even as mortgage rates fell for the fourth straight week. Mortgage applications decreased 2% the week ending Dec. 2 compared to the...

What's the Difference Between a Bank and a Credit Union? - CNET
...such as check cashing, bill payment, transferring money and accessing cash. The FDIC insures member bank accounts up to $250,000 per account. What is a credit union? A credit union is a nonprofit...

Mortgage rates continue to slide as economic worries remain
Mortgage rates continued their slide this week as continued concerns over the economy have pushed yields on the 10-year Treasury down even further. The Freddie Mac Primary Mortgage Market Survey...

The average rent in Manhattan jumped to $5,249 in November — and may not fall any time soon
...2.1% from October. Affordability continues to be a challenge across the housing market, with spiking mortgage rates pushing homeownership out of reach for many people who are continuing to rent...

Mortgage credit loosens for first time in nine months
...programs being offered." ARM offerings typically attract more borrower attention when mortgage rates rise. The MBA defines conforming loans at those at or below $647,200; since September, in...

Mortgage rates fall for the fourth week in a row
CNN  —  Mortgage rates dipped again this week, marking the fourth straight week of falling rates. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6...

Is The Housing Market Slowing Down: Redfin 2023 Predictions
...EST|Press play to listen to this article! Got it! Key takeaways As mortgage rates rise and inflation remains stubborn, there are signs that the housing market is slowing down Real estate brokerage...

Mortgage Credit Availability Increased in November
...a challenging environment brought on by higher rates and a much slower housing market,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Jumbo credit availability saw a 4 percent...

Mortgage Rates on Dec. 8, 2022: Rates Slip
Today some major mortgage rates decreased, though rates remain high compared to earlier this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written by A few...