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Updated over 7 years ago,
Rent Trends in Hobbs, New Mexico 2016
Does anyone have insight to the rental trends in Hobbs, New Mexico? Or possibly Carlsbad, New Mexico / Midland, Texas / Odessa, Texas?
Given the weakness of the Permian, I would expect to see rents decreasing and vacancies climbing, but would like to get input from folks on the ground in those markets.