Drilling Impact: Rental Housing Soars Around Marietta/Parkersburg

One sector typically affected early in the drilling process is real estate. In some areas where drilling comes to town, sales of single family homes increase. So far there’s only been a slight uptick in home sales for the Marietta (Washington County), OH/Parkersburg (Wood County), WV area.

Apartment and house rentals, however, are a whole other matter. They’ve taken off like a rocket in the region. New hotel and motel construction is now under way as well…

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