Daniela Ramirez made her way through the crowd, stopping at every vendor booth and gathering as much information as she could from each one. Ramirez, like every first time home buyer attended the second annual Edinburg Home Buyers Expo Saturday at the Echo Hotel and Conference Center. Over a thousand potential home buyers attended the day event. Presentations in finding the right home, mortgage loans and insurance were just some of the topics discussed.
Ramirez said she has lived in an apartment for over five years and now feels ready to purchase a house of her own. “I think this is a good time to buy a house and I feel confident that the economy is doing well now,” she said.
Loan lenders, realtors, insurance companies and developers were on hand to answer and provide information of the home buying process to visitors.
Elva Jackson Garza, Edwards Abstract and Title Co. and Edinburg Home Buyers Expo chairperson said people are more confident to purchase and there seems to be more energy in buying due to the interest rates being low. “People are hungry for this information. We are happy to have brought the home buyers and the vendors together with this event,” she said.
Garza said that according to the Greater McAllen Association of Realtors, the number of home sales have increased and a more positive attitude for the Edinburg, McAllen and Pharr area.
Ramiro Garza, Jr., executive director of the Edinburg Economic Development Corporation said events like these help potential home buyers get familiarized with home buying processes. “It helps to highlight what is out there, how to qualify and what programs are out there for them,” he said.
Garza said the housing market in Edinburg is holding steady. “There’s not as many homes being built as before, but that is a natural occurrence when there is a quite a bit of inventory,” he said.
He said they have seen a balance where there’s not a lot of homes being sold but not a lot of homes being built, and that that is helping the market in Edinburg.