People are moving to El Paso, Texas. Until recently, El Paso has been known as a small, quiet town on the U.S.-Mexico border. These days, the city’s abundance of low-cost homes is causing a housing boom.
A lot of the new homeowners are coming from Arizona and California to enjoy the city’s low cost of living or to live near the Fort Bliss military base. A brand-new three bedroom home with stainless steal appliances and granite counter tops can be bought for just $150,000-$165,000.
Realtor.com® has released the following forecasts for El Paso, TX:
Median home price: $150,000
Sales growth: 7.9%
Price growth: 2.5%
With a booming housing market, real estate agents are in high demand. Make sure you stay up to date with state requirements so you can remain licensed.
Do you need Texas real estate continuing education?
Sales Agents and Brokers must complete 18-hours of continuing education classes every two years. Salespeople must include 8-hours of TREC Legal Updates I & II (These are 4-hours each). The other 10-hours can be based on elective training topics that are approved by TREC. Brokers must also complete a 6-hour TREC Broker Responsibilities course. The remaining 4-hours may be filled with TREC approved elective courses. Sales Agents must complete 90 hours of qualifying education during the first renewal cycle.