Priority Midland by the Numbers: An overview presentation
Report Published on August 08, 2019Midland stands at the epicenter of an economic phenomenon of global importance which has created an enormous opportunity for the area. With proactive efforts, Midland can prepare for the challenges ahead and ensure the opportunities associated with oil and gas and related activity benefit the full community.
Priority Midland by the Numbers: Executive Summary
Brief Published on August 15, 2019Midland stands at the epicenter of an economic phenomenon of global importance which has created an enormous opportunity for the area. With proactive efforts, Midland can prepare for the challenges ahead and ensure the opportunities associated with oil and gas and related activity benefit the full community.
Priority Midland by the Numbers: Housing
Infographic Published on August 15, 2019Recent advances in the petroleum sector have led major analysts and energy companies to broadly anticipate expansive increases in Permian Basin production over the next few years. Much of this activity will be centered in the Midland area and the resulting growth will bring enormous potential benefits with profound implications for housing. In light of this growth, it is imperative that additional land be available for residential development. Proactive efforts to deal with issues and prepare for the coming growth can position the area to emerge stronger and more prosperous in the future.
- Tags:
- housing,
- housing markets,
- Midland,
- Permian Basin,
- real estate
Which three Texas cities represent 10% of US housing starts, and what does this mean for the areas?
Radio Spot Broadcast via Texas State Networks on August 23, 2017Recent housing data reveals a phenomenal statistic, and Dr. Perryman says it mirrors what we have seen reflected in other economic data.
What is the current state of the Texas housing market?
Radio Spot Broadcast via Texas State Networks on May 19, 2017After a sluggish start to the year, Dr. Perryman says the Texas housing market seems to be on fire, with home starts in March the most in ten years.
- Tags:
- housing market,
- Texas
What does the record number of homes sold in Texas in the first quarter indicate about the housing market and Texas' economic rebound?
Radio Spot Broadcast via Texas State Networks on May 04, 2017There is another signal that Texas' economic rebound is continuing. Real estate agents sold a record 68,000 homes in the first quarter.
- Tags:
- economic rebound,
- housing market
How can the recent momentum in the housing market be sustained?
Radio Spot Broadcast via Texas State Networks on August 31, 2016Experts agree that keeping the momentum in the housing market will require more purchases by first time home buyers, but Dr. Perryman says a big chunk of that market is up to their eyeballs in student loan debt.
- Tags:
- debt,
- housing,
- student loans
How are "boomerang children" affecting the Texas economy?
Radio Spot Broadcast via Texas State Networks on June 28, 2016A new report finds Texas with a sizable number of "boomerang children," those 25 and older and still living at home; Dr. Perryman says it presents many challenges.
Mortgage Milestone
Column Published in syndication August 14, 2019After more than a decade, the amount of household debt (including mortgages) has surpassed pre-Great Recession levels. Sometimes, an upswing in debt of certain types can be a negative signal, such as rising credit card debt in an economic downturn as people try to deal with financial setbacks such as job losses. However, rising debt can also reflect economic strength as increasing numbers of households are willing and able to purchase big-ticket items such as homes and cars.
- Tags:
- household debt,
- housing market,
- mortgage
Marking a Milestone
Column Published in syndication June 14, 2017We recently passed a notable milestone in the long process of recovering from the Great Recession: household debt levels have surpassed the peak reached during the recession in 2008. In many ways, this rise in consumer debt is a good sign in that it indicates Americans are feeling optimistic enough to take on additional obligations. Moreover, housing markets and credit conditions have normalized to the point where mortgages are trending upward along with loan quality. On the other hand, it can be viewed in a somewhat more negative light in some respects, particularly given that one category responsible for significant growth is student debt which may not be providing adequate returns in terms of enhanced future earning capacity or other educational goals. Let's take a brief look at some of the salient points.