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We have been working with potential doctors that are being recruited to the brand new 4 year medical school and research center that is due to open in August of this year.
Touring the city has been a great experience for the potential doctors and for me personally too. I think when you live in a city you seem to take it for granted and when you are tyring to show it off to new people it really opens your eyes to the what made you fall in love with El Paso in the first place.
Most of these doctors are coming from humid climates and El Paso has very low humidity levels 99% of the time and that is one of the best things about El Paso. If you like outdoor activities you can do them almost 365 days out of the year. Today is Feb 16, 2009 and it is about 65 and sunny and I am walking around without a coat and it is not cold at all. You really can't beat that.
Most cities that people come from have a higher crime rate than El Paso and in fact for the last 5 years (more or less) we have been awarded the 2nd or 3rd safest city for cities over 500,000 people. Most people can not believe that for a border city and especially with what is happening in Mexico right now with the drug wars. Our police, DEA, Customs, military and all the other federal agencies make EL Paso a very safe city to live in.
Our home prices have remained steady and have gone up slightly so if you want a home now is the time to buy in El Paso, Tx
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I know in some markets that sounds pretty unbelievable but the El Paso, TX real estate market is starting to improve.
We have not been on the roller coaster ride that many markets have(thank goodness!) but we have had our slow times and ever since the first part of December we have seen a definite increase in sales and in buyers wanting to buy.
I relate our market to a rocket ship (in 2006 we were taking off) and right now we are back on the launch pad getting ready to take off again.
There are so many factors that make El Paso a great place to buy. By 2012 we will have approx. 90,000 new soldiers and their families living in El Paso and we know that there are not enough rentals and homes for these soldiers to live in. Guess what, that will bring in investors again. Hopefully by then the banks will be lending to investors again (they are now-but the rates and terms are pretty lousy).
We have a new 4 year Medical School and Research Center that is currently hiring professors and researchers and they are buying homes, a new Children's Hospital will break ground this month and when done will need new doctors and nurses.
Our downtown revitalization is going strong (thanks to a local person) and he is re doing about 4 buildings right now . The news today showed that El Paso actually had an increase in the job market not a decline.
All of these things are great POSITIVE NEWS about real estate and needs to get out there so that someone can finally see a bright future.
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