Source: Odessa American, TexasAug.迷你倉沙田 11--Dean McCann looked for three years before he finally found a home.During that time, the 49-year-old Army veteran was living in a townhouse worrying about rising rent prices. While many have noted the difficulty in finding temporary housing, McCann said he wasn't having an easy time finding a permanent home either."Because of the oil boom, the house prices just started sky rocketing," the Odessa native said in a phone interview. "What we were going to do was wait for the house prices to go down, but just browsing over years, they didn't."Knowing there wasn't much he could do, McCann said he filled out a packet with Veterans United Home Loans and sent it to realtor Steve Oliver. The next day, McCann said Oliver showed him a three bedroom, two bathroom house that also included a two-car garage and an enclosed patio on the northeast side of Odessa."As luck would have it, that's the one we bought," McCann said, adding his mortgage is only $100 more than the rent he was paying for the town home.The City of Odessa, which city officials have estimated to have a population of around 140,000, is experiencing one of the biggest booms in the town's history. As droves of people continue to come into the area for work, the area is starting to see an increase in building permits for single family homesA single family home is described as a household that houses a single family.In June, city documents stated 75 new residential housing permits, up from 41 in June 2012. In May, the city had 67 new permits, 41 in April, and 58 in March. Since the beginning of the year, the city has a total of 337 new permits.The six month total surpassed was equal with the total number of housing permits issued in 2011 and, if the pace holds up, will surpass the 524 residential building permits issued during 2012."We're definitely seeing that (a growing housing) trend," Assistant City Manager for the City of Odessa Michael Marrero said.According to documents provided by the Odessa Development Corporation, the average home value in Odessa in 2012 was $119,362.With several new subdivisions in the works, Marrero said national residential building companies like D. R. Horton have taken noticed of the area and have permitted to build several homes in the area. City records state the company currently has 61 building permits for new residential buildings.Other construction companies, like Betenbough Ho迷你倉價錢es and Permian Homes LLC, are also listed as having several permits in Odessa.Most of the newer homes are currently scheduled to be built in the northern and eastern parts of Odessa, which Marrero said is currently part of the city's plan for expansion."I think with the continuing growth of the oil industry ... I think there's going to be a greater demand for residential areas."State Demographer Lloyd B. Potter said in a previous Odessa American story migration patterns that involve work usually see single men come into area, not looking for permanent housing. However, he added, married men, who usually come into the area alone, will bring their families with them at a later time and start looking.Gayle Hirsch, president of the Odessa Board of Realtors, said in the past few months, she has seen an increase in the number of people looking to buy homes. However, Hirsch added, it's sometimes hard to put people into homes."A lot of the people coming in from the oilfield and don't have the credit to buy a home," Hirsch said. "We also have a lot of people coming in that you can consider white collar ... and it's easier for them to buy a $250,000 home than someone looking at $100,000 or less."On average, Hirsch said, a buyer needs a credit score of about 640 and about three open lines of credit that they haven't defaulted on. Some of the examples she used were cell phone bills, paying rent on time, credit cards."A lot of these kids will take out a lot of credit cards in college and not pay them and that will drop your score," Hirsch said.Working as a field superintendent for an oil company in Midland, Eric Copley said he and his family were originally from Carlsbad, N.M., and were looking in the area for "six to eight months" while looking for a home.In that time frame, Copley said he and his wife looked at about 20 homes before buying a five bedroom home in Gardendale. The hardest part of his search, he added, was finding something that fit what he and his wife were looking for."Yeah, it took a while for us to find what we were looking for," Copley said. "There were all sorts of available homes, but we were looking for a certain acres."--Contact Nathaniel Miller on twitter at @OAgovernment, on Facebook at OA Nathaniel Miller or call 432-333-7769Copyright: ___ (c)2013 the Odessa American (Odessa, Texas) Visit the Odessa American (Odessa, Texas) at .oaoa.com Distributed by MCT Information Services迷你倉庫
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