277 New Home Permits So Far This Year

Home building in Midland has been on the rise for the last 8 years. March and May have been the busiest since 2001 with 64 permits issued in each of these months. Building has not been limited to Northwest Midland, nearly as many homes are being built on the East and Southwest side of Midland within the boundaries of Loop 250.
Info from Texas A&M Real Estate Center
~Sandy

New Energy Options

With energy costs rising more rapidly than most of our salaries have, I've taken a greater interest in alternative energy sources. I came across this website today. Obviously it won't make a huge impact immediately in energy consumption, but it's a start and it looks rather nice! Imagine having one of these solar shades around your pool, or as a rest stop on the golf course, there are lots of possibilities, and we definitely have enough sunshine in West Texas!
Click here to see what I'm talking about!
http://www.buronorth.com/
~Sandy

FHA Loans - Take Another Look

Suzanne Smith of HNB Mortgage has an interesting article on her website this month outlining the advantages of an FHA loan and what the government has done recently to expand loan limits in many parts of the country. If you are in the market to purchase a home you should seriously look at an FHA loan. For the complete story follow this link:
http://www.hnbmortgage.com/Newsletter.htm

Don't forget the tax deadline April 15th!!
~Sandy

Downtown Project - Permian Plaza

Basic Energy Services, Inc. has announced a $10 million dollar project to house it's national headquarters in downtown Midland. The project includes the demolition of the "Belt Buckle Building" to make way for a parking structure and the renovation of two other downtown buildings to create Permian Plaza 1 and Permian Plaza 2. The project will add an addition 65, 525 sq. ft of office space. For more information on this project click here:
http://recenter.tamu.edu/mnews/mnsearch.asp?AID=16
~Sandy

Housing Permits Rise in 2007

New statistics for housing permits were release recently for the year 2007. The City of Midland issued 28 single-family building permits with a total construction value of $3,430,812 in December 2007. The city issued the same number of permits in December 2006. The city granted 514 new residential permits in 2007 and 470 in 2006.
courtesy of the City of Midland, TX

Don't forget Improv at the Yucca Friday and Saturday
~Sandy