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You can find great local El Paso, Texas real estate information on Localism.com Patti Olivas is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.

Monday, July 14, 2008

What a great market we are having

I bet you don't hear that too often in today's markets! What is a short sale? We just don't have them here in El Paso.

El Paso has a great market right now, even with alot of homes on the market and some seller's giving concessions to the buyers, we are not seeing home prices dropping.

June was a great month and we are expecting July to be even better.

Our foreclosure rate is down almost 50% and that is due to the fact that most sellers can sell their home before they get into trouble.

We are the 21st largest city in the nation and the 2nd or 3rd safest year after year.

Ft Bliss is growing by leaps and bounds (almost 96,000 new troops and family members by 2013) and they are enlarging the base by 3 times what it is right now.

There is a new medical school and border research center opening next year that is the first one on a border ever and a new Children's Hospital has been approved.

What else can I say? IT IS A GREAT TIME TO BUY A HOME IN EL PASO, TEXAS

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