Albuquerque Real Estate News: September 2007

Albuquerque Real Estate News from The Albuquerque Real Estate Blog


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Venturi Team's Albuquerque Real Estate Blog

Sunday, September 30, 2007

Rio Rancho News - Community arena operates at loss for 1st year






For information about Rio Rancho Real Estate and Rio Rancho Land, visit... http://www.welcomehomeabq.com/rio-rancho-land.htm

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# posted by Tego and Tracy Venturi @ 10:34 AM

Wednesday, September 26, 2007

Albuquerque Home for Sale - 10617 Pennyback Park Drive NE - Albuquerque Real Estate

New Listing.



1416 sf
3 Bedrooms
1 3/4 Bathrooms
Two car garage.
$174900.00

LOVELY HOME IN THE GATED TOWNE PARK COMMUNITY! Very clean and well kept 1 story home with Cathedral ceilings in living room and big bedrooms. Quiet, peaceful, secure neighborhood with great parks, pools, tennis & basketball courts, work out room, and community center in this country club-like neighborhood. Great location by shopping, freeway, KAFB and Sandia Labs.

More info on Towne Park. http://www.townepark.org/


http://www.WelcomeHomeABQ.com/

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# posted by Tego and Tracy Venturi @ 7:27 PM

Tuesday, September 25, 2007

Corrales Harvest Festival

Corrales Harvest Festival

The Corrales Harvest Festival is coming. Come out and enjoy many activities including... A Parade, Sidewalk Sale, Hay Rides, Arts and Crafts Show, The Corn Maze (we did this last weekend with the kids, it was great!), Food, Beer!, Antique Tractor Show, Live Bluegrass Music, Quilt Sale and Craft Show, and many more activities.

This is a great fun, don't miss it.

Tego

http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 3:49 PM

School district and housing developers work hard to keep up with growth : Local : Albuquerque Tribune

School district and housing developers work hard to keep up with growth : Local : Albuquerque Tribune

Interesting story on how the growth of Albuquerque Real Estate puts a strain on services.

http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 3:40 PM

Friday, September 21, 2007

What home buyers look for in a house : Home & Garden : Albuquerque Tribune

What home buyers look for in a house : Home & Garden : Albuquerque Tribune

With Albuquerque Real Estate so compettive for sellers these days, read this article to make sure you are doing all you can to give the buyers what thae are looking for.

http://www.WelcomeHomeABQ.com

# posted by Tego and Tracy Venturi @ 10:14 PM

Tuesday, September 18, 2007

ABQjournal West_News: Road's 2nd Phase to Begin

ABQjournal West_News: Road's 2nd Phase to Begin - Registration Required.

This is big news for Rio Rancho Development. The road that will extend Rio Rancho's City Centre to NM550 is moving forward. Rio Rancho Land and Rio Rancho Real Estate should get a needed boost once this is in place.

http://www.welconehomeabq.com/

# posted by Tego and Tracy Venturi @ 10:24 PM

Price Reduced, Extraordinary Value - Albuquerque Home for Sale



Four Bedrooms . Great Room . Home Office . 3526 Sf. Ft. . Three Car Garage . Energy Efficient . Tech Block Wall System . Large Back Yard . Great Valve


Gorgeous "Green Built" home is the West River North Valley. Gourmet Kitchen with Granite, Cherry Wood, & Subzero/Wolf. Private Master Suite, Office/Den, Dramatic Great Room, Patio/Outdoor living space. This home is in the posh Black Farm Estates and is surrounded by million dollar+ homes. Fully xeriscaped front yard. Energy efficient & green built techniques... Tech Block walls, high efficiency HVAC, Low E thermal Windows. This home is an extraordinary value, large equity upside potential.

Click HERE for more information.

http://www.welcomehomeabq.com/





# posted by Tego and Tracy Venturi @ 9:33 PM

Albuquerque Real Estate Search




http://www.WelcomeHomeABQ.com/

# posted by Tego and Tracy Venturi @ 6:35 PM

Monday, September 17, 2007

Albuquerque Real Estate - August 2007 MLS Month In Review

“Resale home prices continue to increase with a 5.85% increase in Median Sales Price and a 1.33% increase in Average Sales Price over August of 2006. Increases in the Median and Average home sales prices have started to level off with the typical seasonal declines. We’ve seen a 13.87% decrease in sales year to date versus this same time last year.” said Scott Dean, Chairman of the Albuquerque Metropolitan Board of REALTORS.

Click HERE to see the full report.

http://www.welcomehomeabq.com/


# posted by Tego and Tracy Venturi @ 10:24 AM

Albuquerque Real Estate Home Sales Report Q1&2 07

Click HERE to see the Albuquerque Real Estate sales report for the 1st half of 2007.



http://www.welcomehomeabq.com/

# posted by Tego and Tracy Venturi @ 10:19 AM

NAR: Mortgage Problems to Dampen Home Sales in The Short Term

NAR: Mortgage Problems to Dampen Home Sales in The Short Term

This is a national Real Estate story and is having an effect on Albuquerque Real Estate.


http://www.welcomehomeabq.com/

# posted by Tego and Tracy Venturi @ 7:12 AM

Saturday, September 15, 2007

Trumbull Village Redevelopment Project Phase II - Official City News

Trumbull Village Redevelopment Project Phase II - Official City News

Posted: September 10, 2007
The Department of Family and Community Services
(Department), in cooperation with the Metropolitan Redevelopment Agency, on
behalf of the City of Albuquerque (City), is inviting proposals for the purchase
and redevelopment of a vacant parcel of land and three (3) four-plexes located
in Trumbull Village Neighborhood.

http://www.welcomhomeabq.com


# posted by Tego and Tracy Venturi @ 8:31 AM

5 Hot Trends in Real Estate Development

I saw this article in Realtor Magazine and thought it was interesting. We have seen a lot of this in the Albuquerque and Rio Rancho Real Estate market.
REALTOR® Magazine-Daily News-5 Hot Trends in Real Estate Development

http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 8:27 AM

Thursday, September 13, 2007

RealEstateJournal | Investors Use Their IRAs To Make Home Loans

RealEstateJournal Investors Use Their IRAs To Make Home Loans

Great article on using your IRA to invest on Real Estate. We have used this to buy real estate in Albuquerque and Rio Rancho, it works great!

http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 8:54 PM

Albuquerque Real Estate News


Tuesday, September 11, 2007

About Southwest Albuquerque, New Mexico – Real Estate

The Albuquerque Real Estate in the southwest metropolitan area of Albuquerque has some refreshing contrasts. This area includes two distinct communities, the South Valley, and the Southwest Mesa.The beautiful Rio Grande Bosque is a ribbon of life through the South Valley. Surrounding it are many rural areas with tall trees, small farms, and green pastures. You'll see gardens, horses, animals, fruit trees, and an older rural feeling. The South Valley is not just rural as it has many urban areas as well. The southern part of Downtown Albuquerque blends into the South Valley with neighborhoods such as Barelas and Atrisco. Many homes and properties in the South Valley have deep family roots and go back generations.
The “Southwest Mesa” area, as it’s called, is the Albuquerque Real Estate on the plateau South of Central Ave and West of the South Valley. This area of Albuquerque is where you'll find many newer subdivisions and many new home options. There is room for expansion in the Southwest, as land is plentiful (for now), so Albuquerque’s growth will continue to the south and west for some time.Isleta Pueblo is located to the South of this area and is actually the southern boundary of Albuquerque. Originally established around the 1300s, the name Isleta comes from the Spanish language and means "Little Island." In addition to a casino, there is a beautiful golf course along the river.This southwest portion of Albuquerque is a dynamic mix of new and old and will continue to change and evolve as we move into the future.


Southwest Albuquerque includes the friendly communities of Alamosa, Anderson Hills, Arenal, Atrisco, Barelas, Crestview Bluff, El Rancho Grande, Encanto Village, Los Altos Civic, Mountain View, Route 66 West, San Jose, Skyview West, South Valley, Southwest Mesa, Stinson Tower, Sunstar, Valley Gardens, Vecinos Del Bosque, Vista Sandia, Westgate Heights, Westgate Vecinos, Pajarito, South Atrisco, Kinney, Mountainview, Five Points and Armijo. If you are looking to buy or sell a home in any of these fine communities, http://www.welcomehomeabq.com/ the Albuquerque NM Real Estate Supersite.











# posted by Tego and Tracy Venturi @ 4:00 PM

Realty Times - Albuquerque Real Estate

One of few cities with a forecast for appreciating home values, Albuquerque,
NM...

Realty Times - Real Estate News and Advice

http://www.welcomehomeabq.com/


# posted by Tego and Tracy Venturi @ 1:15 PM

Saturday, September 8, 2007

The Most Desirable Real Estate

The Most Desirable Real Estate

From EzineArticles.com
The most desirable real estate is really what you make of it. It's all in the eye of the beholder. Yes, there are standard pieces of property out there that many people view as desirable real estate. But the most desirable real estate is truly only a piece of real estate that best fits your needs. The real estate for you might be the spot down the street from your family and friends or a piece of property on your local lake.

# posted by Tego and Tracy Venturi @ 12:11 PM

DÍA DEL RÍO 2007: Celebrating the Rio Grande and Bosque - Official City News

DÍA DEL RÍO 2007: Celebrating the Rio Grande and Bosque - Official City News

On Saturday, October 20th Mayor Martin Chávez and the City of Albuquerque's Open Space Division present a celebration of the Rio Grande and its precious bosque at the 13th Annual Día del Río event...

# posted by Tego and Tracy Venturi @ 12:08 PM

Wednesday, September 5, 2007

Albuquerque Voted One of the Best Places to Live '07 - National Geographic Adventure Magazine

Best Places to Live '07 - National Geographic Adventure Magazine
Albuquerque was named one of the "Top 50 Adventure Cities" in America.

This is no surprise to all of us that live and play in the Albuquerque area. It’s exciting to have this national recognition. Unfortunately the Albuquerque Real Estate Market is quite different than the Median home price the article quotes ($149,900). But that’s ok… it nice that the secret is out about Albuquerque and New Mexico.

http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 2:55 PM

New Mexico Spared the Worst for Mortgage Lenders

I saw this and it confirms what I have been hearing from the Albuquerque Real Estate community.

From nmrealtor.com
"New Mexico Spared the Worst for Mortgage Lenders
New Mexico has been spared the worst of the carnage that has claimed dozens of lenders around the country. The reasons? According to an August 31 article in the New Mexico Business Weekly, a below-average percentage of subprime lending, and the fact that much of subprime volume is done by out-of-state lenders."

http://www.welcomehomeabq.com/

# posted by Tego and Tracy Venturi @ 1:32 PM

Tuesday, September 4, 2007

Bush announces FHA changes to alleviate subprime fallout - New Mexico Business Weekly:

Bush announces FHA changes to alleviate subprime fallout - New Mexico Business Weekly:

Although the Albuquerque Real Estate market is much healthier than other parts of the country, these changes should be helpful to some.
http://www.welcomehomeabq.com/

# posted by Tego and Tracy Venturi @ 9:07 AM

About Downtown Albuquerque and the UNM Area.


About Downtown / UNM Albuquerque, New Mexico:

Old Town is the heart of Albuquerque's heritage. The first Spanish families settled near the banks of the Rio Grande in 1706. Much of the architecture of Old Town is Pueblo-Spanish, or adobe. Adobe buildings are constructed of adobe bricks (which are mostly composed of mud and straw) that are sunbaked, mortared with mud and protected with a layer of mud or cement. They are traditionally flat roofed, with curved edges, often supported with vigas (wooden beams supporting the roof) visible in the ceiling or protruding through walls. With the arrival of the railroad in 1880, many new building components became available. You will find several different styles of architecture, including Victorian and Contemporary.

Thousands of visitors and residents alike come to Old Town on Christmas Eve & during the Holiday Stroll (first Friday in December) to see the spectacular display of luminarias. Candles are set in a bed of sand inside the bottom of a paper bag. When lit they create a golden glow. Luminarias are set out to light the way for the Christ Child, and thousands of luminarias line the Church, Plaza, streets and walkways of Old Town.

Downtown Albuquerque is the largest business center in New Mexico. Most of the City of Albuquerque and Bernalillo County Government offices are in Downtown Albuquerque, as well as the Albuquerque Convention Center complex and many large local and national companies which have their headquarters downtown. Downtown Albuquerque also has a vibrant entertainment district and is home to many diverse live music venues and clubs. The Nob Hill / Highland district, by the University of New Mexico is a hip and progressive community with a great shopping district with many local business, shops, antique stores, and some of the best restaurants in Albuquerque. Just what you would expect by a College with 26,000 students. I think of this part of town as the "Heart & Soul of Albuquerque". In the Downtown/UNM area of Albuquerque you will find some really great facilities and points of interest. There are so many in this part of town it’s difficult to cover them all.

Old Town Albuquerque, the historic center of Albuquerque, is always fun to visit. With the Gazebo on the Central Plaza, restaurants and shops, Native Americans selling under the Portals facing the plaza, I feel like I have stepped into another time. The Old Town area also hosts some of the best Museums in New Mexico. Museums including… the New Mexico Museum of Natural History and Science and LodeStar Astronomy Center, the Albuquerque Museum of Art & History, Explora! Science Center (for kids young and old), the National Atomic Museum, and the American International Rattlesnake Museum (my husband took the kids without me…).

The Albuquerque Biological Park consists of four separate facilities that make up what is considered an environmental museum. The Rio Grande Zoo, Albuquerque Aquarium, Botanical Gardens, and Tingley Beach. The BioPark has a ¾ scale Narrow Gauge Train that connects these facilities. The City of Albuquerque has done a great job putting this together. It’s good to see Albuquerque Real Estate being used for such great community facilities and in such a beautiful setting.

What else… there is the Historic KiMo Theatre in Downtown Albuquerque. Popejoy Hall on the UNM campus (The New Mexico Symphony Orchestra plays here and most of the traveling Broadway shows that come through Albuquerque play here). Historic Route 66 passes through the Downtown / UNM area (yes, you can still get your kicks). Albuquerque Country Club, where I learned to golf when I was about 30 and have my "almost" a hole in one story. Speaking of Golf… The University of New Mexico Championship Golf Course is one of the finest facilities of its kind nationwide and is no stranger to major tournaments.

The University of New Mexico is New Mexico’s largest state college. UNM occupies 600 acres of Albuquerque Real Estate. Several UNM programs rank as some of the best in the country. Highlights are the School of Medicine, Engineering and Mechanical Engineering, and the Music and Dance programs. Since Albuquerque is lacking a major national sports team, UNM Athletics (The Lobos) are a great help in fulfilling Albuquerque's sports fix. We do have the Isotopes Minor league baseball team, and the Isotopes Park is great and the prices to go to a game are still within reach of the average family. Also in this area in the Central New Mexico Community College which has excellent facilities and programs.

There's quite a bit of redevelopment going on in the Downtown and UNM areas . You'll find the housing range from inexpensive student rentals, small older homes, refurbished homes, family neighborhoods, new infill loft/condo projects, and Estate type properties on city lots. It's easier to get around using public transportation in these parts of town and there is also a Railrunner Station in Downtown. Central Avenue (Route 66 & Business I-40) runs East/West so it's a fairly well traveled road. You'll also find lots of innovative restaurants, coffee shops, and independent retail stores....meaning fun, funky and diverse. The University of New Mexico provides a hub of activity for the community as they host many events and have beautiful grounds. A few of note: Concerts, UNM Athletic Events, UNM Music Prep Program for kids, Duck Pond on campus, New Mexico Symphony Orchestra which plays often in Popejoy Hall, all of the types of things you would expect to be available in and around a major University can be found here.

I used to live in the Albuquerque Country Club (ACC) neighborhood with the canopy of tree lined streets and older large nice homes where the founding leaders of Albuquerque live and lived. This area is desirable and conveniently located to all of these great facilities plus close to I-40 & I-25 so still fairly quick to get places from here. One of my favorites places is this area is Duran's Central Pharmacy - an Albuquerque Country Club neighborhood institution where the pharmacy makes home deliveries to area residents; and in the back of the drug store there is lunch counter where the Chile is so good I go out of my way to go there.
Tracy

Downtown and UNM Albuquerque Real Estate includes the communities of Albuquerque Country Club, Altura Addition, Altura Park, Altura Village, Barelas, Campus, Downtown Albuquerque, East Downtown - EDo, Forrester, Highland, Huning Castle, Huning Highland, Kirtland Community, Martineztown, Netherwood Park, Nob Hill, North Campus, Old Town, Parkland Hills, Plaza Vieja, Pueblo Alto, Raynolds Addition, Ridgecrest, Sandia Ridge, Sawmill Area, SE Heights, Silver Hill, South Broadway, Southeast Heights, Spruce Park, Summit Park, Sycamore, University Heights, Victory Hills, Wells Park, West Old Town, West Park and Yale Village.

http://www.WelcomeHomeABQ.com/

# posted by Tego and Tracy Venturi @ 8:54 AM


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Tego and Tracy Venturi

Keller Williams Realty
Tracy:.. (505) 263-2526
9201 Montgomery Blvd NE, Suite 101 Tego: (505) 263-0556
Albuquerque, NM 87111 Fax: (505) 899-7060
Company Phone: (505) 271-8200 Send Us An Email



About Tego and Tracy Venturi's Albuquerque and Rio Rancho, NM Real Estate Website: The www.welcomehomeabq.com web site provides Corrales, Los Ranchos, Rio Rancho, Bernalillo, Paradise Hills, Taylor Ranch, West Side, North Valley, South Valley, Alameda, East Mountains, Tijeras, Cedar Crest, and Sandia Park, New Mexico real estate information and resources to guide homeowners, homebuyers and real estate investors through the process of selling and buying a house, condo or other realty property in the Albuquerque and Rio Rancho area. Tego and Tracy Venturi (sometimes spelled as Tigo, Teego or Traci Ventura) has services to help you get the best value for your Albuquerque and Rio Rancho home and this website offers home buyers and home sellers a superior comparative market analysis (CMA), a way to view real estate and MLS IDX listings including virtual tours, prepare your home for sale, and more. Investors looking for real estate investment properties to invest in need look no farther. Anyone selling a home, buying a home or seeking housing can learn more about our realty services, and will appreciate working with   Albuquerque and Rio Rancho REALTORs who know  the area so well. Through trusted partners, we also provide real estate and financial services to consumers looking for houses for sale or selling their home in Albuquerque and Rio Rancho, NM, such as mortgages, credit history, new homes, foreclosures and other services. If you've already tried to go the for sale by owner (FSBO) route and find you are needing a partner who you can trust in the sale of your most precious asset, Tego and Tracy Venturi can take care of your special needs. It really doesn't matter if you spell it REALTOR, Realator or Realter, realty, realety or reality, real estate or realestate, Tego and Tracy speak  your language.
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