Housing heats up in OdessaHousing heats up in Odessahttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=83892013-01-31T15:33:00Z2013-01-31T00:00:00Z

ODESSA - The number of new single-family residential homes built in Odessa in the last year has almost doubled and is not expected to go down anytime soon.

There were 583 new residential permits issued in 2012 compared to 337 permits in 2011. There have been 36 residential permits issued so far in January 2013. The numbers reflect single-family residences and do not include apartment housing, according to City of Odessa building official Ralph McCain.

The demand for housing is so high that the trend is for people to purchase homes before they are even built, according to Guy Andrews, director of economic development for the Odessa Chamber of Commerce.

About 90 percent of the homes sold by Lubbock-based Betenbough Homes are purchased before they are built, according to Ron Betenbough, vice president of the company.

Odessa American
http://www.oaoa.com/news/business/article_e3a79664-6a71-11e2-b2ba-0019bb30f31a.htmlRead more at {Source}

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