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Old 04-23-2010, 10:43 PM
 
4,248 posts, read 10,231,071 times
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Quote:
Originally Posted by mrsrobinson73 View Post
It is not always cheaper to rent......... the pro is your not tied down for longer than your lease, but rent is a lot of times higher than a house payment.

I wouldn't take this advice OP. 4 yrs from now in this market will net you ZERO when you close on the sell. Rent
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Old 04-24-2010, 02:42 AM
 
276 posts, read 686,904 times
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Oh how I love being in the Army. I rent.. if I sign a 4 year lease and they move me out sooner.. I can break my lease with no fault. I don't plan to buy a home until after I leave the service.. or at my last duty station.

I like the one post that the house is cheap at 209K. For El Paso, from what I have seen that is outrageous. Am I wrong El Pasoans?
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Old 04-24-2010, 09:43 AM
 
Location: Glory Road - El Paso, Texas (R.O)
2,613 posts, read 5,123,275 times
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Quote:
Originally Posted by SoldierBoyBliss View Post
I like the one post that the house is cheap at 209K. For El Paso, from what I have seen that is outrageous. Am I wrong El Pasoans?
Don't let the "It's El Paso" mindset fool you. While a blue collar median income town, there are some very high end housing here. While not common, there are plenty of houses that go for over 200K. There are houses here higher than 300K and 400K. Not the majority, not tons, but there are plenty of high end housing.
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Old 04-25-2010, 06:01 PM
 
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Yeah, 209k seems to be the norm here and I have no idea who affords these homes here in El Paso. Maybe I missed an entire portion of the city but where do these people make this amount of money to afford these homes? And for the price EL Paso homes are small with small backyards with large asking prices. I remember looking at a home on the west side that was 1500sqft and a 500sqft backyard that was asking almost 200k.
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Old 04-25-2010, 06:28 PM
 
Location: Glory Road - El Paso, Texas (R.O)
2,613 posts, read 5,123,275 times
Reputation: 1835
Medium income, two income families, I can see affording 200K+ homes. While tight, I do it on one salary. Then you have all the medical fiend, lawyers, business owners, etc. There is money here. High income is not dominant, and maybe not even a decent percentage, but there is money here. Anyone in the military who has a spouse that works can afford a 200K house.
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Old 04-26-2010, 02:27 AM
 
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Really? My boss retired from the military after serving 20yrs and was being paid only 45k/yr.
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Old 05-12-2010, 06:33 AM
 
Location: Texas
471 posts, read 676,226 times
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Anyone know what stores are going up next to the Lowes at 375/Montana? Lots of construction there right now. Looks like some fast food place and something else in front of it, and some kind of shopping center or grocery store to the side?
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Old 05-12-2010, 07:04 AM
 
276 posts, read 686,904 times
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I actually do. I was at the Lowes the other day with my girlfriend she lives over by that hospital. She happened to ask what are they building out there in the parking lot. This is what they told us.

They are building a Super Walmart, a Peterpiper Pizza, a Chase bank, an Arby's, and a Chicken place.. I forget if its Popeyes, Churches or KFC. There is also a Strip Mall with anchor stores to be built across the street in the near future.
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Old 05-12-2010, 07:14 AM
 
Location: Texas
471 posts, read 676,226 times
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Quote:
Originally Posted by SoldierBoyBliss View Post
I actually do. I was at the Lowes the other day with my girlfriend she lives over by that hospital. She happened to ask what are they building out there in the parking lot. This is what they told us.

They are building a Super Walmart, a Peterpiper Pizza, a Chase bank, an Arby's, and a Chicken place.. I forget if its Popeyes, Churches or KFC. There is also a Strip Mall with anchor stores to be built across the street in the near future.
Except for the traffic that will come, that's great news. I don't think a Super Walmart was needed with one 5 minutes away, though. I would have been happy with an Albertson's.
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Old 05-12-2010, 02:13 PM
 
276 posts, read 686,904 times
Reputation: 251
My Girlfriend said they are closing the other one down. Something to do with new roads?

Quote:
Originally Posted by snuffster View Post
Except for the traffic that will come, that's great news. I don't think a Super Walmart was needed with one 5 minutes away, though. I would have been happy with an Albertson's.
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