I attended the Ft Bliss Housing Seminar last week and while it was scary to see how many units we are short in housing the soldiers right now, it is optimistic to think that we will get all the units built before the soldiers arrive in mass.
The city of El Paso is offering incentives to builders and developers to help defray the cost in permits and the bigger the number of units built, then the bigger the incentive.
There were numbers speakers there from our Congressman Sylvestre Reyes to some people from Fannie Mae and Freddie Mac speaking about what is available in help to get these units built.
During the lunch networking session you could talk to the out of towners about the El Paso real estate market and let them know that being a Realtor in El Paso, TXis an exciting thing right now.
Ft Bliss is just another plus for El Paso's real estate market. Everyday you read in the paper that new doctors are being hired by TX Tech Med School and the University Medical Center of El Paso.
Foxconn is up and running in the Santa Teresa/Juarez area and is expected to hire about 30,000 workers in Juarez at the plant and will have approx. 2500 upper management living in the El Paso/ Santa Teresa area.
Rates are great and sellers are still helping with closing costs so don't wait for things to start going up, now is the time to buy
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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