We are CBS! Air Force base works with developers to lessen nuisances:
"Associated Press - May 5, 2008 10:05 PM ET
ALBUQUERQUE (AP) - Kirtland Air Force Base officials signed agreements today with Mesa del Sol, LLC, to lessen nuisances to future residents of the development.
1 of 3 agreements allows the base to conduct military aircraft operations in the public air space above the development on the southern edge of Albuquerque.
Base officials also agreed to inform residents on the far eastern side of Mesa del Sol that noise made during explosives testing might impact their property."
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News Archives
Monday, May 12, 2008
Air Force base works with Mesa del sol developers to lessen nuisances
Sunday, May 11, 2008
Two Downtown Albuquerque Projects Offer Spacious Townhomes at Market Prices
ABQJOURNAL HOMES: Two Downtown Albuquerque Projects Offer Spacious Townhomes at Market Prices
"Across Second Street from the new Barelas Townhomes is the old Albuquerque rail yard, an up-and-coming renovation project that eventually is projected to house a film studio, retail and housing.
“It doesn't get much more urban than this in Albuquerque,” said Louis Kolker, executive director of the Greater Albuquerque Housing Partnership, the townhome developer.
The Second Street location between Central Avenue and Avenida Cesar Chavez is home to the Partnership's most recent housing project — the Barelas Townhomes Across from the Rail Yard. Six two-story townhomes are now completed with another four to come. The contemporary-style townhomes, with plentiful glass and architectural detail to match the old locomotive repair shops across the street, are the Partnership's first foray into market-priced housing."
Albuquerque Real Estate
Albuquerque Real Estate News
IRA Real Estate Investing
From Ezine: IRA Real Estate Investing
"You can obtain real estate with funds from a self-directed IRA. Income generated from the real estate is able to be TAX DEFERRED and in a few cases TAX FREE! Real estate has in history proven itself to be a great vehicle for both income as well as appreciation. One tool that is accessible to real estate investors are government sponsored retirement plans. You might not be aware that you have the alternative to direct your IRA into real estate." See Complete Article... IRA Real Estate Investing
Albuquerque Real Estate
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Albuquerque Real Estate News
Saturday, May 10, 2008
Freddie Mac's Primary Market Mortgage Survey - May 8, 2008
30-Year Avg: 6.05 , 30-Year Pt: 0.3 , 15-Year Avg: 5.60 , 15-Year Pt: 0.3 , 5/1-Year Avg: 5.67 , 5/1-Year Pt: 0.5 , 1-Year Adj: 5.29 , 1-Year Pt: 0.6
Freddie Mac's Primary Market Mortgage Survey: "LITTLE MOVEMENT IN MORTGAGE RATES SEEN THIS WEEK
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.05 percent with an average 0.3 point for the week ending May 8, 2008, down very slightly from last week when it averaged 6.06 percent. Last year at this time, the 30-year FRM averaged 6.21 percent."
Albuquerque Real Estate
Albuquerque House Values
Thursday, May 8, 2008
It's Coming! Green Built Tour New Mexico - May 17th and 18th
Green Built Tour New Mexico - USGBCNM:
Greenbuilt tour 2008.
Visit the finest sustainable homes and businesses in Albuquerque, Santa Fe and beyond.
May 17th and 18th • 10AM to 4PM
Albuquerque Real Estate
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Get Your Free New Mexico Vacation Guide
New Mexico Vacation Guide:
The new 2008 New Mexico Vacation Guide is available. Complete the on-line form at the link above.
Albuquerque Real Estate
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Albuquerque Real Estate News
Governor Bill Richardson Kicks Off Final Phase of Construction for the Rail Runner Express
New Mexico Tourism Department News and Press Releases: "Governor Bill Richardson Kicks Off Final Phase of Construction for the Rail Runner Express
Governor Bill Richardson, Transportation Secretary Rhonda Faught, and a group of dignitaries April 24, 2008 celebrated the start of the final phase of Rail Runner construction in Santa Fe.
“There has never been a better time, or a greater need for this kind of public transportation,” Governor Richardson said. “Ever-rising gas prices are busting budgets and crushing consumers, and an affordable and economical choice like the Rail Runner is a great alternative.”"
http://www.nmrailrunner.com/
Albuquerque Real Estate
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Tuesday, May 6, 2008
Options for Buyers when you need to move-in now and sell current home later.
From: WelcomeHomeABQ.com
So... you need to move but you can't sell your existing home until after you move. If you can afford and qualify for two house payments, no problem. But what if you can't... here are some options.
•1) Seller Financing - Ask the seller for a short term Real Estate Contract (REC). This is difficult for the seller if the down payment is small. They will need 8-9% of the sale price just to pay their closing costs, so unless your down payment is large enough, they would have to bring their own money to the closing table to sell on a REC. Also, their agent will want financial information on you and a lender letter to ensure their confidence level is high that you will be able to follow through with the purchase and pay off the REC as per the contract terms.
•2) Lease/Purchase. This is where the purchase offer includes, as a part of the offer, a date in the future to close on the home but lease it in the meantime at _x_ dollars monthly/daily. We go through the offer/counter offer process and come to purchase and lease terms all at the same time. Again, the seller is going to want your financial information and a letter from a lender saying you will be able to close on the home as soon as your home sells. The closing date on the purchase part can say contingent upon home located at _____ closing and funding. This might be the most viable option for you someone with a small down payment.
•3) Of course a contingent offer is always an option, but would not allow for moving-in prior to selling current home. The good thing is it provides a comfort level of knowing where you will be. Most accepted contingent offers have about a 60 - 90 day closing offered and the sellers can continue to market the property if they do a "right of first refusal" as a counter offer to your offer. This is where they accept your offer with the contingency, but say if another offer comes in that they want to work with, they would give you 24 (or 48 or 72) hours to either remove your contingency and solidify your deal, or they could work on their other offer and you can lose the home. Many agents are hesitant to show homes with a right of first refusal as they know it can be emotional and difficult.
Sphere: Related ContentAlbuquerque Realtors Add New Interactive MLS Report Tool.
Albuquerque Home Prices Free On-Line Report: "In today’s intensely competitive Albuquerque Real Estate Market, Albuquerque Realtors are providing a powerful new tool for home owners.
For many people, their home represents a large portion of their net worth. Homeowners want to know… What did the home down the street sell for? How long did it take to sell? What homes are for sale in my neighborhood? And most importunately, what’s my home worth? A new technology provides this for any who ask. And it’s free!"
Albuquerque Real Estate
Albuquerque House Values
ABQjournal Homes: Energy-Efficient Home First to Be Awarded Sustainable Building Tax Credit
ABQjournal Homes: Energy-Efficient Home First to Be Awarded Sustainable Building Tax Credit: "Energy efficient features ranging from compact fluorescent lighting to foam insulation helped to put money back into the pockets of the builder of Albuquerque's first home to be awarded the sustainable building tax credit.
The contemporary Tuscan-style home built by Keystone Custom Homes may look similar to its upscale neighbors in North Albuquerque Acres, but it is filled with design features and products that help conserve energy, water and building resources."
http://www.albuquerque-home-prices.com/
Rio Rancho Real Estate News
Albuquerque Real Estate News
ABQjournal Metro: Southeast Getting a Face-Lift
ABQjournal Metro: Southeast Getting a Face-Lift: "While growth strategists tout Mesa del Sol as the model of a well-planned development in Albuquerque, another neighborhood has brought the virtues of the live, work and play style of growth to town.
Spurred by the creation of Sandia Technology Park a decade ago, Albuquerque's southeast has sprung to life as a booming center for new housing, jobs and retail."
Albuquerque MLS
Albuquerque Home Prices
Rio Rancho Real Estate News
Albuquerque Real Estate News
ABQjournal Business: 3rd Phase of ABQ Uptown Includes Hotel, Offices, Shops, Condos and Parking Structures
ABQjournal Business: 3rd Phase of ABQ Uptown Includes Hotel, Offices, Shops, Condos and Parking Structures: "Quorum, the moniker of Hunt Development Group's final and arguably most ambitious phase of its ABQ Uptown development, is designed to capture a densely developed and stylishly designed mix of uses.
Included in the $100 million project are a seven-story hotel, offices for both lease and purchase, shops, residential condos and extensive parking structures on the now-vacant 7.5 acres bounded by Louisiana, Indian School and Uptown Loop NE."
Albuquerque Home Search
Rio Rancho Real Estate News
Albuquerque Real Estate News
Presbyterian unveils Rio Rancho hospital
Presbyterian unveils Rio Rancho hospital - New Mexico Business Weekly:: "Presbyterian Healthcare Services laid out its plans Monday for a full-service hospital in Rio Rancho due to be completed by fall 2010"
Albuquerque NM Real Estate Search
Rio Rancho Real Estate News
Albuquerque Real Estate News
Saturday, May 3, 2008
Albuquerque a top city for clean air
KOB.com - ABQ a top city for clean air: "A study by the American Lung Association rated the Duke City as one of the country's top big cities for clean air.
In fact, many spots in New Mexico got the green thumbs up. Both Santa Fe and Farmington are in the country's top five in terms of lack of long term pollution."
Albuquerque Real Estate
Albuquerque Open House Search
Friday, May 2, 2008
In N.M., Building Green Yields Green in Return
ABQjournal Business: In N.M., Building Green Yields Green in Return: "The Sustainable Building Tax Credit was passed as part of N.M. Senate House Bill 463 last year. New Mexico is the first state to offer such a comprehensive tax credit for green buildings.
Although Oregon and Oklahoma have some type of green building tax incentive, the state tax credit is the first to offer tax relief for both green residential and green commercial buildings. The tax relief requirements are rigorous and include not only a third-party validation by the LEED rating systems and BuildGreen NM, but also a stringent energy reduction requirement."
Albuquerque Homes
Rio Rancho Real Estate News
Albuquerque Real Estate News
Upscale Development Offers Proximity to Old Town, Downtown With the River as a Backdrop
ABQjournal Homes: Upscale Development Offers Proximity to Old Town, Downtown With the River as a Backdrop: "With the Rio Grande Bosque as a backdrop, the Puesta del Sol residential development appeals to homeowners interested in the quick drive across the Central Avenue bridge to Old Town or Downtown. Or, some residents might choose to skip the drive and instead hike along the river's edge in hopes of spotting a beaver or coyote sharing the cottonwood canopy."
Albuquerque Homes
Rio Rancho Real Estate News
Albuquerque Real Estate News
'Extreme' Dream Home: Family Still in Awe of New House and Generosity That Went Into Building It
ABQjournal Metro: 'Extreme' Dream Home: Family Still in Awe of New House and Generosity That Went Into Building It: "Some three months after Gerald Martinez and his family's Trumbull neighborhood property was transformed, thanks to 'Extreme Makeover: Home Edition,' it's all still sinking in.
'Let me tell you what I do every day when I get up,' said Martinez, lead pastor at Joshua's Vineyard Mission Outpost. 'I look around, and I'm shocked. Every time I walk into the house, I stop at the entryway and I look around, and I'm flabbergasted."
Albuquerque MLS
Rio Rancho Real Estate News
Albuquerque Real Estate News
Thursday, May 1, 2008
Open Houses Seen as Key Today
REALTOR® Magazine-Daily News-Open Houses Seen as Key Today: "Many real estate practitioners are holding open houses now that the market has slowed, viewing such events as a good way to maximize exposure.
According to David Williams of Utah-based Williams Realty, 'An open house can be a great way to get feedback on a house and validate the price. It also exposes the home to buyers who are not currently working with a practitioner and may not be aware of the home's availability.'"
Albuquerque Homes
Rio Rancho Real Estate News
Albuquerque Real Estate News
Freddie Mac's Primary Market Mortgage Survey - May 1, 08
30-Year Avg: 6.06 , 30-Year Pt: 0.5 , 15-Year Avg: 5.59 , 15-Year Pt: 0.5 , 5/1-Year Avg: 5.73 , 5/1-Year Pt: 0.5 , 1-Year Adj: 5.29 , 1-Year Pt: 0.6
Freddie Mac's Primary Market Mortgage Survey: "McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.06 percent with an average 0.5 point for the week ending May 1, 2008, up from last week when it averaged 6.03 percent. Last year at this time, the 30-year FRM averaged 6.16 percent."
Albuquerque Realtors
Rio Rancho Real Estate News
Albuquerque Real Estate News
Wednesday, April 30, 2008
Top 10 Energy-Efficient Remodeling Projects for 2008
Realty Times - Top 10 Energy-Efficient Remodeling Projects for 2008:
"Top 10 Energy-Efficient Remodeling Projects for 2008
PATH (The Partnership for Advancing Technology in Housing) recently released its annual recommendations on the top remodeling technologies to make existing homes more durable, stronger and more resource efficient."
Albuquerque Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News
Monday, April 28, 2008
Ask Three Little Questions Before Buying A House
Ask Three Little Questions Before Buying A House: "Shopping for a house can be an overwhelming experience. There are so many factors to consider, it's easy to fill your head and become frustrated. One simple mental exercise can help get through this storm of emotions and help you focus on what you really want. Before you go out shopping consider the following three questions:"
Albuquerque Home Prices
Rio Rancho Real Estate News
Albuquerque Real Estate News
Saturday, April 26, 2008
New Home Value Tool Now Available In Albuquerque - "Market Snapshot"
Free over-the-web neighborhood market conditions report. Live data from the Albuquerque MLS. Provides you up-to-the minute MLS graphical reports.
Visit our new Albuquerque Home Prices website at
.........
Friday, April 25, 2008
Affordable Ways to Makeover Bathrooms
Affordable Ways to Makeover Bathrooms:
"A dreary, outdated bathroom can be a home sale deal breaker.
Remodeling magazine says the average price of a mid-range bathroom remodel in 2007 was $14,445. But $500 worth of nips and tucks can upgrade the room, says Lytel Young, host of HGTV’s 'Save My Bath.'
'There are three important things in a bathroom,' Young says. 'Clean, simple, and orderly. That's the key for every budget, whether it's $500 or $40,000.'
He recommends these inexpensive steps to sellers whose baths need a facelift:
- Rip out the dated medicine cabinet and replace it with a big mirror.
- Replace the lighting with new sconces on both sides of the mirror plus a new overhead fixture on a dimmer.
- Re-caulk the tub and shower.
- Repaint with a neutral color, but decorate with big, fluffy colorful towels.
- Hang some framed art."
Albuquerque NM Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News
New Rules for Borrowers With Foreclosures
REALTOR® Magazine-Daily News-New Rules for Borrowers With Foreclosures: "At the end of the month, Fannie Mae will adopt higher minimum down payments and credit scores for borrowers with a past foreclosure."
Albuquerque Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News
Thursday, April 24, 2008
West Siders debate proposed development
KOB.com - West Siders debate proposed development: "Neighbors of a West Central neighborhood debated amenities and infrastructure Wednesday evening before the Albuquerque City Council.
At issue: a proposed retail center in a part of the city that has been targeted for redevelopment."
Albuquerque Homes Search
Rio Rancho Real Estate News
Albuquerque Real Estate News
Help clean up Albuquerque this weekend
"The second annual Mayor's Spring Cleanup will take place Saturday, April 26 from 9 a.m. to noon.
The event is part of the nationwide Great American Cleanup in affiliation the Keep America Beautiful national network."
Albuquerque Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News
Tuesday, April 22, 2008
Westside Albuquerque Home For Sale
Sunday, April 20, 2008
New Longford Homes Include Technology for Lighting, Security, Music and More
ABQjournal Homes: New Longford Homes Include Technology for Lighting, Security, Music and More: "The high-tech central control system Longford Homes now includes in all of its new houses resembles something the futuristic cartoon family The Jetsons might own.
Known as iHom, it allows homeowners to control security, lighting, temperature, music, even fireplaces from centrally located panels in the house, or remotely through Internet or telephone access."
Albuquerque NM Homes
Rio Rancho Real Estate News
Albuquerque Real Estate News
Friday, April 18, 2008
South Yale Sector Plan Public Meeting - Official City News
South Yale Sector Plan Public Meeting - Official City News: "The draft version of the South Yale Sector development Plan will be the topic of discussion at a public meeting on Tuesday, April 29, 2008 from" http://www.welcomehomeabq.com
Sphere: Related ContentTuesday, April 15, 2008
Top 10: Home Features Desired by All Home Buyers
Top 10: Home Features Desired by All Home Buyers
1. Central Air Conditioning
2. Garage (2 or more spaces)
3. Walk-in closet in master bedroom
4. Backyard/play area
5. Cable/Satellite TV-ready
6. High-speed Internet Access
7. Separate shower enclosure in master/main bath
8. Patio
9. Fencing
10.Home less than 10 years old
http://www.welcomehomeabq.com
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