CATEGORIES:

Socorro, located on the Southern Pacific Railroad and State Highway 20 about ten miles southeast of downtown El Paso, began in 1680, when Governor Antonio de Otermín and Father Francisco de Ayeta led Spanish and Piro Indian refugees fleeing the New Mexican Pueblo Indian Revolt to the El Paso area. In 1682 the Spanish established […]

Read More
CATEGORIES:

Spanish Lay Claim Over a Vast Land Inhabited for centuries by various Indian groups, El Paso saw its first Europeans when Spaniards passed through in the mid-1500s. During 1540 to 1542, an expedition under Francisco Vázquez de Coronado explored the area now known as the American Southwest. These earliest Spanish explorers saw on their approach […]

Read More

A soap bubble is a ball made of a thin film of soap dissolved in water. Soap bubbles are ephemeral, lasting a short time before bursting. There are also bubbles in the economy, classes of assets whose prices inflate like air in an expanding balloon and then collapse. The expansion of asset-price bubbles is unsustainable, […]

Read More

Recent mortgage rates have hit the highest point in years which will most likely slow home sales in El Paso.  Home prices are continuing to climb which means that home buyers need low rates to afford to buy new homes.  Many lenders now offer creative mortgages in an effort to lure more home buyers back […]

Read More
CATEGORIES:

After the dot-com stock market tumbled, many investors in El Paso decided to put their money into something more solid; real estate.  Fueled by low interest rates and a weak dollar attracting foreign investment, many believe there is now a real estate bubble ready to burst. Some markets are overvalued, especially ones on the coasts.  Prices […]

Read More