Well, what can I say about the El Paso, Texas real estate market?
I guess if we believed the national news we would all commit suicide! Well in El Paso, the market is not quite as bad as other areas of the country.
Yes it is harder to get qualified, but lenders are lending and buyers are buying homes. It may take a little longer to sell your home if you are a seller and you will probably be helping the buyers with closing costs in the market right now.
If you are a buyer you are in shoppers paradise!! You will have tons of homes to choose from so you can be very picky to say the least. As I mentioned above you should expect for the seller to help you in some sort of way too.
The best advice for a buyer is to get pre approved and keeping chekcing with your lender (one to make sure they are still in business and secondly to make sure your qualification has not changed).
It is a great time to buy in El Paso, TX!!!
Active Rain Real Estate Network
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.
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