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December 1, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Texas > El Paso


Market Conditions Summary for El Paso, Texas


Reported by

Jennifer Stroh
as of 11/26/2008:
Happy Thanksgiving to one and all from El Paso, Texas. There is so much we have to be thankful for right now. We are so honored to welcome the incoming Fort Bliss troops. The BRAC is definitly keeping El Paso afloat in these challenging times. El... MORE->
About Jennifer Stroh

Reported by

Cynthia Morris
as of 11/24/2008:
Howdy, pricing of real estate is the news topic of topics and El Paso has had a lighter downturn than most due mostly as the market was not as inflated as in other markets. So if you are a buyer great time to look at those Pre Foreclosures and... MORE->
About Cynthia Morris

Reported by
Dan & Patti Olivas
as of 10/15/2008:
Even though El Paso is in a buyer's market, we are not seeing a drastic reduction in prices. Buyers are asking and getting sellers to help with closing costs but on the most part home prices are not going down they are going up. Builders are... MORE->

Reported by

Dan and Patti Olivas
as of 6/1/2008:
El Paso is in an unusual market right now. While there are way too many homes on the market the list price to sales price ratio is still around 97-98% and sales prices are up from where they were a year ago. We are starting to see sellers... MORE->


Average Current Market Rating: 2    (4 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 3.3    (4 ratings)




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Falling

Rising

Navigate: Top > Texas > El Paso


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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