Archive for affordable homes

Affordable Homes and El Paso’s Unique Real Estate Market

Every home buyer is looking for a good deal. El Paso is a great market for affordable homes, as the standard of living is not sky high but there is still a lot of growing industry and development. This makes for ripe territory to build great new homes at an affordable cost.

The El Paso market is impacted by a lot of factors. Just like any other real estate market, the state of the economy in the country lays a huge role in how people are buying homes. As it stands today the market is doing really well. There is economic independence and growth throughout the nation and there is confidence in investing and the stock market. These are good signs for any real estate market and El Paso is seeing the fruits of this.

In fact, El Paso is ranked one of the fourth hottest real estate markets in 2018. The El Paso Times reported that El Paso ranked ahead of Fort Worth, Austin,  and San Antonio. This ranking was done by Trulia.com, one of the biggest real estate websites in the nation. It indicates the state of affordable houses in El Paso and the demand for great homes.

A Diverse Community

Part of what makes El Paso a burgeoning market is the fact that we are quite a diverse community. We not only see people moving here from Mexico, but also military families that get stationed at Fort Bliss. This creates a lot of demand and that makes homes more affordable and gives families an opportunity to get their dream home without paying a huge price.

In late 2017, KVIA reported that according to the Texas Association of Realtors several neighborhoods in El Paso saw a great surge in home sales. These include the east side of town and some of the growing communities in those areas.

Buyers Want Newly Built

It was also reported that there is a big demand in the area for newly built homes. There seems to be quite the indication that this is what buyers want. Newly constructed homes are still affordable homes, but they come with a whole new set of benefits and perks that home buyers are looking for today. Some of these new benefits include newer amenities, higher energy efficiency,  and modern layouts. Home buyers also know this means less upfront maintenance and stress over malfunctioning parts of the house. A new home is a new start and many people are looking to start new in the growing Sun City.

Get Affordable Homes with Palo Verde

As a locally owned and operated company, Palo Verde Homes are highly dedicated to the El Paso community and part of our mission is to build beautiful and affordable homes that are unmatched in performance and quality. Check out our floor plans and see for yourself! Gives us a call today and get your dream started.

Find the Right Affordable Home

couple surfing on a tablet looking for affordable homesIf you are looking for a new home you probably have a list of desires for your future house. You may think that checking off every priority on your list while looking through affordable homes is not a possibility. While in some cases that might be right, there are a few items on your list you should not compromise on. We have a few tips for you today.

Finding a Builder in the Right Neighborhood

Working with a builder for your new home offer a great deal of benefits. One of the downfalls can be moving out of your preferred zip code. For this reason, it is important to find a builder that offers affordable homes in a variety of locations around town. The last thing you want to compromise on is your commute to work or your child’s school. While new building developments offer safe and attractive places to live, it is better if you build on the side of town of your choice.

Floorplan

When it comes to finding affordable homes floorplans make all the difference. You shouldn’t have to compromise when it comes to the layout of your home. Finding the right home that offers an open concept and a layout of rooms that flows for your needs is important. There are things can can put a damper on everyday life. This can include the wrong number of rooms, a kitchen that is too small, or a master bathroom that doesn’t meet your expectations. One of the best benefits of working with the right luxury homes builder is getting the opportunity to look at and choose from different floorplans.

Home Warranties

If you are working with a builder discussing warranties included with your new house is a necessity. Be sure to find out what is covered and for how long. When you are purchasing a new home the last thing you want is paying for out of pocket repairs. Don’t forget to ask about how to reach your builder in the case any issues arise. A warranty is no good if you cannot reach the builder to honor it.

Contact Us Today

If you are looking for the right builder Palo Verde Homes specializing in providing families with luxurious yet affordable homes. We offer custom options and a variety of different floorplans in several areas of town. Contact us today to get started on the house you really want.

The Important Part Affordable Homes Play in the Community

one of the many affordable homes available from Palo Verde HomesHousing impacts your life in many more than simply having a roof over your head. The general rule of thumb regarding how much of your income should be allotted in order for a house to be considered an affordable home is 30 percent. For many families, that is not enough to afford a place to live and they need to spend more than that. An adequate supply of budget friendly residences is essential to community health. This contributes to the community’s health in several ways. The team at Palo Verde Homes offers beautiful and affordable homes to the people of El Paso.

What Affordable Homes Do for the Community

Not only does affordable housing fulfill the basic human need for shelter, it also contributes to the well-being of both parents adults and children. Several studies have shown that children do better in school and are less likely to experience a disruption in their education due to unwanted moves when it is available. Moreover, decent, affordable housing reduces stress, toxins, and infectious diseases. This, in turn, leads to better physical and mental health. Additionally, affordable housing also frees up funds that families can spend on other necessities. For adults, being able to afford a home means reduced stress as they do not have to worry about foreclosure or eviction. They have fewer health problems and reduced absenteeism on the job.

Affordable Homes and the Advancement of Society

Reasonably priced housing creates stability, community, and engagement. Affordable homes are also important to the economic vitality of an area as they can help to attract and retain employees. Affordable housing ensures that working families will remain in your community. They will be able to provide the labor necessary to help the economy grow. In addition, it also encourages working families to settle in your community and provide a growing population of students to keep your local school system healthy and strong. These can be used as selling points and competitive advantage for area employers.

Affordable homes also allow the local workforce to live closer to their jobs. Allowing for shorter commutes makes it so that workers can spend more time with their families. Additionally, it makes it so that the community benefits as there is less traffic congestion, air pollution, and expenditures on roads. When families can are able to remain in your community, they become part of the social fabric and advance the common good. If you are looking for affordable homes in the El Paso area, contact Palo Verde Homes today. We have been building for a decade.