Tuesday, February 9, 2010

el paso texas homes for sale

El Paso Tx homes for sale
Why you should consider buying a home this years:

With all the recent interest in El Paso and Horizon City I thought I'd add my two cents. According to Washington based CQ Press El Paso is the 2nd safest city in the nation. Economically, if your want to know what is really happening in El Paso, read the IPED economic impact report (dry but good info). With the influx of 30K military personnel relocating to El Paso plus the new medical school we haven't really felt the recession yet. Actually, El Paso is generally insulated from national economic conditions. Additionally we have a thriving housing sector. Horizon city, "the Tierras" has been in the news due to a flood of foreclosures. Not because of the economy but because of subprime loans resetting. This is unfortunate for some but a goldmine for others. These properties are 10-20% below market and in near new condition. As you can probably tell my undergrad degree is Economics and I'm a Realtor but I also love this town.

Author: Yvonne Russell (First posted on City-data)

References:
CQ Report at http://www.elpasoc vb.com/news_detail .sstg?id=127
IPED report at http://digitalcomm ons.utep.edu/iped_ techrep/58/
Horizon city at