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Ask Us About Our Featured Listings
Listed below you will see our featured properties available for sale. These are homes that we currently represent at Legacy Real Estate Services. Please keep in mind homes under contract or recently sold are not displayed. If you are curious about any of the properties below or would like a personal tour, please contact us today. We’d love to share the features that make these homes noteworthy. If you would like to see YOUR home listed below, please give us a call at 915-494-0949 to receive a personal in-home consultation or click here to get your FREE home market analysis.
What Does 2021 Have in Store for Home Values?
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained:
“Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sale homes has dwindled as demand increased and coronavirus (COVID-19) outbreaks continued across the country, which delayed some sellers from putting their homes on the market.
While the pandemic left many in positions of financial insecurity, those who maintained employment and income stability are also incentivized to buy given the record-low mortgage rates available; this is increasing buyer demand while for-sale inventory is in short supply.”
Where will home values go in 2021?
Home price appreciation in 2021 will continue to be determined by this imbalance of supply and demand. If supply remains low and demand is high, prices will continue to increase.
Housing Supply
According to the National Association of Realtors (NAR), the current number of single-family homes for sale is 1,080,000. At the same time last year, that number stood at 1,450,000. We are entering 2021 with approximately 370,000 fewer homes for sale than there were one year ago.
However, there is some speculation that the inventory crush will ease somewhat as we move through the new year for two reasons:
1. As the health crisis eases, more homeowners will be comfortable putting their houses on the market.
2. Some households impacted financially by the pandemic will be forced to sell.
Housing Demand
Low mortgage rates have driven buyer demand over the last twelve months. According to Freddie Mac, rates stood at 3.72% at the beginning of 2020. Today, we’re starting 2021 with rates one full percentage point lower than that. Low rates create a great opportunity for homebuyers, which is one reason why demand is expected to remain high throughout the new year.
Taking into consideration these projections on housing supply and demand, real estate analysts forecast homes will continue to appreciate in 2021, but that appreciation may be at a steadier pace than last year. Here are their forecasts:
Bottom Line
There’s still a very limited number of homes for sale for the great number of purchasers looking to buy them. As a result, the concept of “supply and demand” mandates that home values in the country will continue to appreciate.
Our Featured Properties
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- 3 Beds
- 2 Baths
- 1,854 SqFt.
- 1968 Year Built
- 79925 Zip Code
- 849878 MLS
- ACTIVE Status
Cool refrigerated air and a relaxing, heated pool and spa are just some of the many features of this 3 bedroom + loft, 2.5 bathroom home in Northeast El Paso. The home is...
- 3 Beds
- 3 Baths
- 2,265 SqFt.
- 2002 Year Built
- 79924 Zip Code
- 849797 MLS
- ACTIVE Status
Great Investment Opportunity!!! This property sits on a corner lot and has great potential. This property sits high and has views of downtown and all of south El Paso. T...
- 3 Beds
- 2 Baths
- 1,194 SqFt.
- 1950 Year Built
- 79930 Zip Code
- 849478 MLS
- ACTIVE Status
Charming home in an awesome location! Just minutes from U.S 54, restaurants, shopping, and schools, this home is a great find! As you walk in you will experience the comf...
- 4 Beds
- 2 Baths
- 1,834 SqFt.
- 2011 Year Built
- 79934 Zip Code
- 849335 MLS
- ACTIVE Status
This spacious home boasts 4 bedrooms with 3 full baths, NEW CARPETS all around, FRESH PAINT, NEW WATER HEATER, ROOF REDONE IN JANUARY and a professionally converted garag...
- 4 Beds
- 3 Baths
- 2,430 SqFt.
- 2012 Year Built
- 79928 Zip Code
- 849262 MLS
- PENDING ACCEPTING OFFERS Status
Beautiful home located near shopping, restaurants, entertainment, and easy access to Transmountain. This fantastic home has plenty of space for everyone. You have a large...
- 4 Beds
- 3 Baths
- 2,322 SqFt.
- 2010 Year Built
- 79932 Zip Code
- 849234 MLS
- PENDING ACCEPTING OFFERS Status
Just like new single level resale with paid off SOLAR PANELS and a WATER SOFTENER! Huge master bedroom with large custom walk-in closet. This home sits on a oversized cor...
- 3 Beds
- 2 Baths
- 1,259 SqFt.
- 2015 Year Built
- 79927 Zip Code
- 849208 MLS
- PENDING ACCEPTING OFFERS Status
This beautiful home will be ready for showing Saturday July 17th. Move-In Ready. Features 3 good size bedrooms, plus loft area, all bedrooms upstairs, open floor pla...
- 3 Beds
- 3 Baths
- 1,662 SqFt.
- 2012 Year Built
- 79934 Zip Code
- 849043 MLS
- PENDING ACCEPTING OFFERS Status
Fantastic home in Northeast El Paso! Pull up to this beautiful home and you will immediately fall in love. The porch is perfect for an outdoor seating area. Walking into ...
- 3 Beds
- 3 Baths
- 2,057 SqFt.
- 2008 Year Built
- 79934 Zip Code
- 848920 MLS
- PENDING ACCEPTING OFFERS Status
Stunning home with gorgeous views! As you enter this beautiful home, to your right is the spacious living room with soaring ceilings. To your left you have the formal din...
- 4 Beds
- 4 Baths
- 3,562 SqFt.
- 2002 Year Built
- 79912 Zip Code
- 847588 MLS
- PENDING ACCEPTING OFFERS Status
NEW ON THE MARKET. MOVE-IN READY.Pride of ownership. This beautiful home features 3 bedrooms 3 baths with granite countertops, hardwood floors on main level, kitchen w...
- 3 Beds
- 3 Baths
- 1,557 SqFt.
- 2007 Year Built
- 88008 Zip Code
- 848788 MLS
- PENDING ACCEPTING OFFERS Status
MOVE-IN READY. LOCATION LOCATION LOCATION desirable Sandstone Ranch subdivision. This beautiful home features 3 spacious bedrooms plus loft area, all bedrooms upstairs...
- 3 Beds
- 3 Baths
- 2,138 SqFt.
- 2007 Year Built
- 79934 Zip Code
- 848609 MLS
- PENDING ACCEPTING OFFERS Status
Fantastic home nestled in the Chaparral Park Subdivision of West El Paso. As you pull up to the home, you will love the beautiful curb appeal and low maintenance front ya...
- 4 Beds
- 4 Baths
- 3,259 SqFt.
- 2005 Year Built
- 79912 Zip Code
- 848551 MLS
- PENDING ACCEPTING OFFERS Status
The perfect land to build the house of your dreams away from the hustle and bustle of the city. These lots offer an incredible view of the mountain that transmits peace. ...
- 79902 Zip Code
- 848110 MLS
- ACTIVE Status
BEAUTIFUL 4 bedroom, 3 bathroom home in West El Paso. Minutes from great dining and shopping areas, this home has lots to offer. HIGH ceilings and lots of windows brighte...
- 4 Beds
- 4 Baths
- 2,421 SqFt.
- 2004 Year Built
- 79912 Zip Code
- 847919 MLS
- ACTIVE Status
NEED TO MOVE IN TO YOUR NEW HOME IN 30 DAYS? This beautiful home will be ready for showing June 25. Move-In Ready home features 4 bedrooms (all bedrooms upstairs), 2 1...
- 4 Beds
- 3 Baths
- 1,914 SqFt.
- 2008 Year Built
- 79938 Zip Code
- 847568 MLS
- PENDING ACCEPTING OFFERS Status
This newly remodeled 4 bedroom 5 bathroom home in the Rosedale Farms community sits on a corner lot of 0.27 acre's. The home features two master bedrooms and two living s...
- 4 Beds
- 5 Baths
- 2,946 SqFt.
- 1950 Year Built
- 79915 Zip Code
- 846313 MLS
- ACTIVE Status
6.43 acres of vacant land available for development. Located in Anthony, TX, adjacent to the city park and bordering the state line.
- 79821 Zip Code
- 846785 MLS
- ACTIVE Status
Its Big and its Beautiful! On a Cul de Sac! 3 Living areas, 2 dining areas, 3 spacious bedrooms, living area, 2 Baths upstairs. Walk in closets. All Tile roof. Huge Ma...
- 4 Beds
- 4 Baths
- 3,387 SqFt.
- 2008 Year Built
- 79938 Zip Code
- 845620 MLS
- ACTIVE Status
7.43 Acres of land for sale Zoned Residential. Tract B-4 on Macarena Avenue. Horses allowed. Covenants do not allow mobile homes. Threemore lots for sale each is 7.4 Acre...
- 0 Baths
- 1 Year Built
- 88021 Zip Code
- 845187 MLS
- ACTIVE Status
7.456 Acres of land for sale Zoned Residential. Tract B-2 Off Cristo Vista Avenue. Horses allowed. Covenants do not allow mobile homes.Three more lots available for sale ...
- 0 Baths
- 1 Year Built
- 88021 Zip Code
- 845185 MLS
- ACTIVE Status
7.45 Acres of land for sale Zoned Residential. Tract B-1. Corner of Cristo Vista Avenue and Mountain Vista Road. Horses allowed. Covenantsdo not allow mobile homes. Three...
- 0 Baths
- 2000 Year Built
- 88021 Zip Code
- 845154 MLS
- ACTIVE Status
This beautiful Santa Fe style ranch home, located in Rosedale Farms & built in 1935, sits on .7 acres with irrigation water rights. The primary home boasts 4,674 square f...
- 4 Beds
- 3 Baths
- 4,674 SqFt.
- 1935 Year Built
- 79915 Zip Code
- 845139 MLS
- ACTIVE Status
Take advantage of the is acre lot close to the main Hueco Mountain park street and Montana. Nice mountain views.
- 79938 Zip Code
- 843912 MLS
- ACTIVE Status
The Ross is an amazing 2 story open floor plan that is ideal for entertaining and comfort. You'll feel right at home. Your eyes will be drawn to the tall ceilings in the ...
- 4 Beds
- 3 Baths
- 2,405 SqFt.
- 2021 Year Built
- 79928 Zip Code
- 827676 MLS
- ACTIVE Status
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