Army housing boom in El Paso TX, Fort Bliss, and Biggs

Army housing boom in El Paso TX, Fort Bliss, and Biggs

The expansion of the Fort Bliss Army base under BRAC (Base Closure and Realignment program) in El Paso,Texas has sparked a local building boom and kept the town from feeling the impact of the recession. While the rest of the country has seen home prices fall an average of 20 percent since the hight of the housing boom in 2005-2006, prices in the El Paso and Fort Bliss Texas area have held steady.

The government's 2005 BRAC program, while it hurt some communities, went a long way to breath new life into others. The transfer of thousands of military personnel to Fort Bliss from Germany and Iraq is expected to spark millions of dollars in new construction spending, according to an Army study released last spring. With this run-up in construction, El Paso is also experiencing a huge expansion to it’s infrastructure. The city anticipated this growth and commission a 2 year economic impact study through the local university which predicted a population growth of 16%  by year end 2012. To learn more contact Yvonne Russell, (915) 873-8646

When these soldiers return to the US, those returning military personnel can take advantage of the homebuyer tax credit, which, while it has expired for the most Americans, is still available to active-duty military personnel returning from overseas. (Also see "VA Loans: Homebuying Help for Veterans")

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A few reasons to use a local lender or mortgage broker over a National bank

Finding a mortgage is more complicated today. Like many things in contemporary life, El Paso Home buyers have many more loan options and this can make buying a home more difficult than it should be.  This is why home buyers need the help of an experienced and competent Realtor and Mortgage Broker.
Mortgage brokers are professionals who are paid a fee to bring together lenders and borrowers. They know how to match a borrow with the right loan product. They will evaluate a home buyer’s credit situation to determine which lender is the best fit for him.
National banks are not as  familiar with local market conditions in your town. Why does this lack of knowledge matter to you? For many reasons including loan approval, appraisal values, and higher lending fees to mention a few. To learn more call (888)845-2408 to speak to a professional.

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Zillow Realtor Reviews El Paso Realtor

Zillow is a free online real estate site where you can search for homes for sale, find home prices, see home values, find local top producing realtors and exclusive buyer’s agents in every US market,

view recently sold homes, and check mortgage rates. Get started by finding real estate in top states and real estate in top cities. 

Yvonne A. Russell,  REALTOR® 
RE/MAX Buyer’s Agent
10940 Ben Crenshaw, Suite C
El Paso, Texas  79935
CELL (915) 873-8646 | (888) 845-2408 | FAX (915) 594-9253
Connect with Russell-Realtor on Youtube, Zillow, Remax,  Active Rain, El Paso Preferred Lenders, MLS Access, JD Power Survey-”Top Rate Real Estate Agent”, Zillow Reviews, Community Involvement

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El Paso and Fort Bliss Texas real estate

El Paso is a safe but huge and spread-out city spanning to the east, west and northeast. There are many

great schools that are top ranks throughout El Paso. Since Ft Bliss/Biggs is centrally located in El Paso, everything is generally 10 -15 minutes from base except for Horizon City.  For information about mortgage loans read  more at El Paso local VA lender.

The El Paso Texas rental market is very tight which means there are very few properties available and prices are high.

Yvonne A. Russell,  REALTOR® 
RE/MAX Buyer’s Agent
10940 Ben Crenshaw, Suite C
El Paso, Texas  79935
CELL (915) 873-8646 | (888) 845-2408 | FAX (915) 594-9253
Russell-Realtor
El Paso Preferred Lenders
MLS Access
JD Power Survey-”Top Rate Real Estate Agent”

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Mistakes Buyer's make when buying a home

If you talk to a dissatisfied El Paso/Fort Bliss homebuyer today he/she will probably tell you  they paid too much or they were pressured into buying the wrong house by the real estate agent.  Why does this happen? More often than not these buyers were not represented by a buyer’s agent. What home buyers don’t know is that the real estate industry underwent a dramatic change in the 1990s due to “disclosure of agency” laws that required agents to disclose to a potential buyer that they work for the Seller. Prior to this time 3 out of 4 buyers believed the agent they worked with was representing their interest.  Even today less than half of home buyers understand that they are entitled to be represented by a buyer’s agent. Buyer’s routinely search for a home on-line, find the home they like, call the agent listing the home and never seek the help of a buyer’s agent.  The current law states that at the point of the first substantive communication with a home buyer, the real estate agent listing the home is SUPPOSED to disclose that he/she is working for the seller.
When you have a home buying plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips for making the most of your home purchase:
Find a El Paso Buyer’s Agent
An exclusive buyer’s agent has no conflict of interest as he/she does not list any property for sale. These agents are trained to work only for the home buyer and are paid out of the proceeds of the sale at closing.*  Buyer’s agents provide real estate tools to search for homes in their market, they provide mortgage information, they inform and educate the buyer about  the home buying process and provide current home buying programs.
Get pre-approved before house hunting
Because of the current economic climate a seller will consider an offer from a pre-approved buyer above other offers because the seller only wants buyers that are financially able to support an offer. When a buyer is unrepresented, he/she may not know where to apply for a mortgage and may not even know what their credit picture looks like.
Making the offer
What price do you offer a seller?. Before you make that offer, be sure your agent has researched the market. A professional buyer’s agent can offer an unbiased opinion on the value of a home, based on market conditions, condition of the home and neighborhood. Without knowledge of the market, your offer could be too high.
BUYER BEWARE when buying from FSBO
Many home buyers believe that buying a home from a homeowner without involving a real estate agent will save them big money.  FSBOs do not reduce the price just because you don’t have an agent. In fact, most FSBOs price above the market. There are too many pitfalls when dealing with FSBO to innumerate here.  Read more..
Home repairs
Your home will be one of your greatest assets and you need to know what the condition of the home is before your buy it. A buyer’s agent will require the homeowner to make repairs or price concessions in lieu of repairs.
*pertains to El Paso County Texas

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El Paso and Fort Bliss Texas One of the hottest real estate

Major Real Estate Markets in Texas

Texas real estate is a very hot Buyer’s Market. CNN Money predicts Texas to be the fastest-growing real estate market in the country. Four of the top five real estate markets in the country and seven of the top 10 are in Texas: McAllen-Mission, El Paso, San Antonio, Ft. Worth-Arlington, Houston, Austin, and Dallas-Irving. Horizon City, Texas is a suburb of El Paso County with a huge inventory of new homes for sale at ridiculously low prices. El Paso County has a number of home buyer programs available for first time buyers. Fort Bliss and Biggs are two military installations that make up a huge part of the El Paso real estate market. Therefore, builders are developing many communities within 10 minutes of these bases.

Article provided by Yvonne Russell, Remax Buyer’s Agent

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Fort Bliss Military homes in Paso El Paso, Tx

Homes For Sale in El Paso tx. El Paso Real Estate  & El Paso Homes For Sale. Fort Bliss military homes for sale. Search El Paso texas Homes for sale, El Paso real estate, Fort Bliss military homes for sale, recently sold El Paso real estate and foreclosures, El Paso new homes, school information and much more. El Paso Real Estate Agents and Las Cruces Real Estate Agents are among the best professionals in their field, and Russell Realty recognizes that listing your home with El Paso Real Estate Agent is a strong viable course to sell your home and achieve desirable results, but it comes at significant cost to you. 

Russell Realty is El Paso real estate company, Fort Bliss military housing and Las Cruces premier real estate for sale local community company, which provides Ft. Bliss, El Paso Texas and Las Cruces New Mexico home owners with the most exposure necessary to accelerate the sale of their real estate without overpaying exorbitant commissions. We provide an efficient resource to find el paso homes for sale in El Paso Texas. Search El Paso homes for sale and new homes for sale in el paso tx 79912, 79901, 79911, 7332, 79911, 79902, 79922, 79934, 79924, 79904, 79930, 79903, 79905, 79915, 79907, 79927, 79934, 79938, 79936, 79935, 79925, 79927, 79928, 79835. We connect you with El Paso texas real estate agent and local el paso builders to bring new homes information directly to you. Serving El Paso Homes, Fort Bliss military Homes for sale, elpaso texas Homes for sale and surrounding areas. El Paso Real Estate services include: El Paso Central appraisal, El Paso tx home appraisal, El Paso tx new homes and builders, El Paso Real Estate home inspection. We offer an unparalleled opportunity to speak directly with top local experts and receive extremely valuable information all in one place. Every aspect of the home is addressed, including New homes from multiple top home builders in El Paso paso, existing homes for sale in El Paso, Home improvement vendors, El Paso Lenders to help you with El Paso home mortgages, and much more. 

Yvonne A. Russell,  REALTOR® 
RE/MAX Buyer’s Agent
10940 Ben Crenshaw, Suite C
El Paso, Texas  79935
CELL (915) 873-8646 | (888) 845-2408 | FAX (915) 594-9253
Russell-Realtor
El Paso Preferred Lenders
MLS Access
JD Power Survey-”Top Rate Real Estate Agent”

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No Closing Cost & Buyer's Incentives with preferred lender

No Closing Cost & Buyer's Incentives with preferred lender

As a Buyer’s Agent I can recommend some of the best builders in El Paso, Horizon and Fort Bliss that offer full appliance package, granite counter tops, refrigerated air, energy star rated, tons of sq. footage and huge lots. Several models to choose from that are move-in ready.

Yvonne A. Russell, 

Buyer's Agent and Texas REALTOR® 

RE/MAX Associates

10940 Ben Crenshaw, Suite C

El Paso, Texas  79935

CELL (915) 873-8646

FAX (915) 594-9253

P Think “Green” before you print

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