In Permian Basin, home prices are soaring and sellers don’t have long to wait



“We are still short on inventory on homes in the $200,000 to $300,000 price range but that range appears to be gaining some ground,” Nall wrote. “We remain optimistic that these trends will continue into the late fall. There are still a great number of people and companies moving into the area.

“Seems that the Permian Basin is the place to be these days. There are families here from all over the world making the market work day in and day out for our economy.”