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El Paso Homeowners Retain Properties Longer Amid Market Trends

KTSM••Andrew Dorn
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Recent data reveals that homeowners in El Paso are holding onto their properties for an average of 8.55 years, marking the longest duration recorded since 2000. This trend reflects a broader national pattern, particularly pronounced in coastal states, where sellers are increasingly reluctant to enter the market. The implications of this trend could affect housing availability and prices in the El Paso area, as fewer homes are being listed for sale. Residents and potential buyers should be aware of these changes as they navigate the local real estate landscape.

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