Homeowner’s reality

A member of the community sent this in:

CBSADecember

It shows El Paso in the bottom ten of the 200 communities they rank.

You can learn more about the various columns here.

This does not look good.  Maybe our elected officials will respond by building some more things that we cannot afford.

We deserve better

Brutus

8 Responses to Homeowner’s reality

  1. Reality Checker says:

    Home foreclosure filings in El Paso continue to rise. They were up 30% in 2015.

    http://www.elpasotimes.com/story/money/business/2016/02/12/elpaso-home-foreclosure-filings-real-estate/80292498/

    Like

  2. Rodney Fender says:

    And the CAD continues to increase your homes value while the ability to sell at their rate continues to decline – go figure

    Like

    • Reality Checker says:

      CAD thinks like the bankers who over-valued mortgage securities prior to the 2008 crash. They’re doing whatever it takes to rake in more money. We know how that worked out for everyone.

      Like

  3. Cracked Mirror says:

    Blame the politicians. The ultimate blame can be found by “looking in the mirror”.

    Like

  4. DANB says:

    By God, Ya’ll jist wait ’til thetthere streetcar is arunnin’ way out yonder ta UTEP en thetthere Mexican CUltural Center is open! Why I’ll jist bet a big horse apple we will be at the bottom!

    Like

  5. And, isn’t it interesting to note just how many Texas cities are in that bottom ten?

    Like

  6. Deputy Dawg says:

    Obviously this is a brilliant strategy to keep people from moving out of El Paso since no one will be able to sell their houses! Bravo City council! Bravo!

    Like

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