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The Purple House Real Estate Group Helping Buyers and Sellers in El Paso Texas

The Purple House Real Estate Group Helping Buyers and Sellers in El Paso Texas

FOUR REASONS TO USE THE PURPLE HOUSE REAL ESTATE WEBSITE.

          1. This website is managed by local Realtors® We are Real Estate agents that live in El Paso TX and know the city and the market.
          2. The listings of homes for sale are updated at least every 30 minutes.
          3. The most important reason is that we are Texas Licensed Realtors® and can answer all your real estate questions.

FOUR STEPS TO FIND THE RIGHT HOMES FOR SALE.

          • Use a local real estate website like thepurplehouserealestate.com instead of a big national website that doesn’t update their listings but do sell/share your information to multiple Realtors®. Our local real estate website is updated every 15 to 30 minutes and will have only relevant information regarding El Paso TX and not the whole state or nation. Unfortunately, the national real estate websites are designed to obtain the buyer’s information and sell it to real estate agents willing to pay a monthly subscription.
          • Set a price range that you think you may be comfortable with and try to set no more than $70,000 difference between your minimum and maximum price.
          • Decide what part of the city or neighborhood you want to live in. El Paso TX has a lot of subdivisions, and different areas have higher or lower prices than others.
          • Make sure you have a clear view of your house needs. If you need a single-story home with four bedrooms and at least two bathrooms, don’t look at two story or multiple story homes with three bedrooms or less. You will be just wasting your time or may end up with a home that is not useful to you.

Remember, the best way to find homes for sale in El Paso, TX. Is by using a local real estate website, that will help you find the most accurate information straight from the Multiple Listing Services. Also, known by the real estate community and general public, as MLS Listings. ThePurpleHouseRealEstate.com website will help you find the perfect home in El Paso TX for you and your family.

Usually, big national real estate websites generalize the market by using and analyzing information across the United States, and in many cases the information they show is inaccurate. Why? because the housing market has always been local. Even when we compare cities within the same state, we cannot compare prices or days on the market because that would give us wrong information. El Paso’s market is hot, and homes are selling fast, sometimes in one or two weeks. Some homes in great condition listed at a low price are selling in one day and with multiple offers! We have an incredibly low inventory of homes for sale and it is still a sellers market, but because the interest rates are higher, the homes are taking a little longer to sell.

Buyers, the mortgage interest rates are higher than before, but now you are not having to offer over asking price or be competing with multiple offers. If you buy a home now, you can refinance later when the interest rates get lower.

Sellers, the housing inventory is still low, but don’t expect multiple offers or to sell in 1 day. There are still multiple offers on certain homes, but not as before. The good news are that buyers are still buying and now the buyers are better qualified for a mortgage.

Please contact us with any real estate questions that you may have, and if you would like to know what your house recommended listing price is, please send us a market analysis request.