Albuquerque Real Estate News: April 2008

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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

# posted by Tego and Tracy Venturi @ 4:20 PM

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

# posted by Tego and Tracy Venturi @ 9:15 PM

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


.........



# posted by Tego and Tracy Venturi @ 9:26 PM

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"A dreary, outdated bathroom can be a home sale deal breaker.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

# posted by Tego and Tracy Venturi @ 7:56 PM

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

# posted by Tego and Tracy Venturi @ 7:42 PM

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

# posted by Tego and Tracy Venturi @ 1:09 PM

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

# posted by Tego and Tracy Venturi @ 12:54 PM

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

# posted by Tego and Tracy Venturi @ 4:43 PM

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

# posted by Tego and Tracy Venturi @ 4:24 PM

Tuesday, 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

# posted by Tego and Tracy Venturi @ 9:55 PM

Green Buildings Really Do Perform Better

REALTOR® Magazine-Daily News-Green Buildings Really Do Perform Better: "Two newly released studies suggest that green buildings outperform their conventional counterparts in energy savings, sale prices, rental rates, and occupancy rates." http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 2:21 PM

Loma Colorado Builder To Host A Block Party

Pulte Homes will host a block party for the public and residents of its new Loma Colorado master-planned, mixed-use community Saturday, April 19.

The event will take place from 11 a.m. to 4 p.m. in Rio Rancho.

Albuquerque Homes
Rio Rancho Real Estate News
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 12:45 PM

Landowners Air Their Grievances

ABQjournal West_News: Landowners Air Their Grievances: "Mountain View businesses say they are anxious to reach an agreement with residents about a sector development plan that has divided the two groups.
The Mountain View Commercial Property Association, a nonprofit coalition of area businesses and landowners, on Thursday held a meeting with Bernalillo County Commissioner Teresa Córdova and county staff planner Enrico Gradi to discuss the Mountain View Sector Development Plan."

Albuquerque Homes
Rio Rancho Real Estate News
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 12:37 PM

Google Street View Feature Angers Some Homeowners

ABQjournal Metro: Street View Feature Angers Some Homeowners: "Here's hoping that our spring cleaning is finished in Albuquerque, because the city is getting its portrait done by Google.
The mammoth Web site is augmenting Google Maps with 'Street View'— photos showing 360-degree views of every block in mapped cities and surrounding communities, said Elaine Filadelfo, a Google spokeswoman.
'It really adds to the (Google Maps) experience to see a very immersive, interactive view,' Filadelfo said.
Not everyone is so enthusiastic."

Albuquerque NM Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 12:36 PM

Monday, April 14, 2008

Get The Best Deal In Real Estate

Get The Best Deal In Real Estate:
How to find the best deals in real estate now. They are not foreclosures like most people think!
"In today’s real estate market, you really can get a very good deal if you are willing to buy a home that needs cosmetic updating. There are some key things to look for that can turn a out of date home into a gem. Here are some easy ideas to gain instant equity in your real estate." http://www.welcomehomeabq.com/

# posted by Tego and Tracy Venturi @ 10:23 PM

Sunday, April 13, 2008

Albuquerque's Nob Hill feels growing pains

KOB.com - Nob Hill feels growing pains: "As Albuquerque's Nob Hill continues to grow, so too grow concerns that the district will be a victim of its own success..."

Albuquerque MLS

# posted by Tego and Tracy Venturi @ 10:53 AM

Rio Rancho Subdivision Incorporates Look and Feel of Northern Neighbor

ABQjournal Homes: Rio Rancho Subdivision Incorporates Look and Feel of Northern Neighbor: "Vista de Santa Fe at Mariposa has the look and ambiance of a traditional City Different neighborhood with homes featuring rusted metal roofs, spacious courtyards, optional casitas, open living areas and grand windows.
The subdivision is the product of a partnership between..." http://www.albuquerque-real-estate.biz

# posted by Tego and Tracy Venturi @ 10:50 AM

Thursday, April 10, 2008

NO BIG CHANGES IN MORTGAGE RATES THIS WEEK

Freddie Mac's Primary Market Mortgage Survey: "Long- and Short-Term Rates All Lower Than Same Time Last Year" 30-Year Avg: 5.88 , 30-Year Pt: 0.4 , 15-Year Avg: 5.42 , 15-Year Pt: 0.4 , 5/1-Year Avg: 5.56 , 5/1-Year Pt: 0.6 , 1-Year Adj: 5.18 , 1-Year Pt: 0.7
http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 8:43 PM

Residents Fighting Development near Coors and Rio Bravo

ABQjournal West_News: Residents Fighting Project: "The Bernalillo County Commission's decision to approve an 80-acre development near Coors and Rio Bravo is facing a legal challenge from South Valley residents."
http://www.welcomehomeabq.com/

# posted by Tego and Tracy Venturi @ 5:44 PM

Slump Doesn't Deter Agents

ABQjournal Business: Slump Doesn't Deter Agents: "With the housing market slowing, you'd think there would be fewer people getting into residential real estate as a career choice, and even more leaving.
Not so. At least not yet. And it's got local brokers a little perplexed.
'A lot of people have gone out of the business, but people continue to go into the business, and I think a lot of us have been surprised to see the numbers reflecting that. I don't have any explanation,' said Tina Eberly, on the board of directors for the Greater Albuquerque Association of Realtors and qualifying broker for Keller Williams Realty."

http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 5:40 PM

Senate passes bill to ease housing crisis

Senate passes bill to ease housing crisis - Mortgage Mess- msnbc.com: "AP WASHINGTON - The Senate on Thursday passed a bipartisan package of tax breaks and other steps designed to help businesses and homeowners weather the housing crisis."
Albuquerque Real Estate

# posted by Tego and Tracy Venturi @ 5:37 PM

Wednesday, April 9, 2008

NAR: Existing-Home Sales to Level Off

REALTOR® Magazine-Daily News-NAR: Existing-Home Sales to Level Off: "Little change is expected in existing-home sales over the next few months, before improving notably during the second half of the year, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®." http://www.welcomehomeabq.com

# posted by Tego and Tracy Venturi @ 8:12 PM

It's Tree Give-Away Time in Albuquerque

Tree Give-away - Official City News: "Tree New Mexico is partnering with the City of Albuquerque Parks and Recreation Department to increase the tree canopy in residential areas of the city. Trees that will save you money by reducing your energy costs, increase your property value, and clean the environment! All tree species come from the City of Albuquerque’s approved plant list. Trees species are a compilation of native, low water-use, and large shade tree species. No high water use trees will be used."

10:00 – 12:00
Saturday, April 12th, 2008
Jerry Cline Park

Albuquerque Homes
Rio Rancho Lots For Sale
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 7:52 PM

Change in New Mexico State Law Makes Conservation Easements More Attractive to Smaller Landowners

ABQjournal Business: Change in State Law Makes Conservation Easements More Attractive to Smaller Landowners: "New Mexico ranchers now have a way to cash in on their land without selling it. They can put it into a state conservation program, then sell the resulting state tax credit to pay off debt or buy new equipment.
Since 2004, the state has dangled tax credits as its main incentive for ranchers and other landowners to put land into conservation easements, which restrict the land's development potential."

Albuquerque Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 7:46 PM

Sunday, April 6, 2008

How Photos Help Sell Homes

REALTOR® Magazine-Daily News-How Photos Help Sell Homes: "Photographs that accompany home listings on the Web or in brochures, newspaper advertisements, flyers, magazine articles, and other marketing materials play a significant role in attracting buyers.

These images serve as the first impression, and buyers often decide whether or not to see a home in person based on their quality and presentation.

Research reveals that the more photos a listing has, the quicker it sells. A property with a single photo spent 70 days on the market (DOM) on average, while DOM fell to 40 with six photos, 36 with 16 to 19 photos, and 32 with 20 photos. Additionally, listings with one photo sold for 91.2 percent of the original price, while homes with six or more sold for 95 percent of the original price."

Albuquerque Multi Listing Search
Rio Rancho Land Map
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 10:05 PM

Bush: More Help on Way for Home Owners

REALTOR® Magazine-Daily News-Bush: More Help on Way for Home Owners: "The proposal, which will be outlined in detail April 1, will merge or eliminate some long-standing institutions like the Securities and Exchange Commission, and streamline others. The Federal Reserve would get a new role as the super cop in charge of financial-system stability. Some proposals are expected to directly address the current mortgage-risk problems."

Albuquerque Real Estate Listings
Rio Rancho Land for Sale
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 10:04 PM

Home Buyer and Seller Resources


Saturday, April 5, 2008

1 Acre North Valley Lot For Sale. Albuquerque Land


Fewer new homes being built in metro region - New Mexico Business Weekly:

Fewer new homes being built in metro region - New Mexico Business Weekly:: "Permits for the construction of new homes in the Albuquerque metro area declined nearly 20 percent, to 263, in February 2008 compared to the same month in 2007, according to research firm DataTraq. Permits for the construction of new homes in the Albuquerque metro area declined nearly 20 percent, to 263, in February 2008 compared to the same month in 2007, according to research firm DataTraq.

The city of Albuquerque issued the largest number of permits, with 122, followed by Rio Rancho, with 105. Permits in the metro area rose 55 percent from January to February. Home building activity traditionally slows during the coldest months of the year."

Albuquerque MLS Search
Rio Rancho Real Estate
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 12:32 AM

Friday, April 4, 2008

Freddie Mac's Primary Market Mortgage Survey

30-Year Avg: 5.88 , 30-Year Pt: 0.5 , 15-Year Avg: 5.42 , 15-Year Pt: 0.5 , 5/1-Year Avg: 5.59 , 5/1-Year Pt: 0.6 , 1-Year Adj: 5.19 , 1-Year Pt: 0.5

Freddie Mac's Primary Market Mortgage Survey: "Short-Term Rates Go The Other Way
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 5.88 percent with an average 0.5 point for the week ending April 3, 2008, up from last week when it averaged 5.85 percent. Last year at this time, the 30-year FRM averaged 6.17 percent."

Albuquerque Real Estate
Rio Rancho Land
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 7:19 PM

Rio Rancho Land For Sale


Wednesday, April 2, 2008

Sandia among top 10 places for post-doctoral life-science students

Sandia among top 10 places for post-doctoral life-science students - New Mexico Business Weekly:: "The Scientist, a Philadelphia-based magazine, has labeled Sandia National Laboratories as one of the top 10 work places in the U.S. for post-doctoral students in the life sciences.
The life sciences-oriented magazine frequently does statistical studies. Its latest survey of work places was published in the March issue, said Sandia bioresearcher George Bachand in a news release. The Scientist, a Philadelphia-based magazine, has labeled Sandia National Laboratories as one of the top 10 work places in the U.S. for post-doctoral students in the life sciences.
The life sciences-oriented magazine frequently does statistical studies. Its latest survey of work places was published in the March issue, said Sandia bioresearcher George Bachand in a news release."

Albuquerque Real Estate
Rio Rancho Land
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 11:56 AM

Fannie Mae tightens rules for mortgages - msnbc.com

Fannie Mae tightens rules for mortgages - Mortgage Mess- msnbc.com: "Fannie Mae, the largest U.S. home funding company, told lenders on Monday that it will require a minimum credit score for loans it buys on an individual basis, the Wall Street Journal reported Wednesday in its online edition."

Albuquerque NM Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 11:53 AM

Tuesday, April 1, 2008

HUD to Help Underwater Home Owners

REALTOR® Magazine-Daily News-HUD to Help Underwater Home Owners: "The U.S. Department of Housing and Urban Development has a plan to enable homeowners who are underwater on their mortgages to qualify for a partial loan through the Federal Housing Administration.

HUD Secretary Alphonso Jackson 'is examining the potential for FHA to be a solution for these borrowers,' Treasury Secretary Henry Paulson said Wednesday.

Lenders, real-estate professionals, and other housing-industry officials have complained to HUD that FHA's current framework makes it too difficult for home owners to qualify, partly because FHA won't accept home owners who have missed a payment in the previous six months.

Jackson told the Washington Times that the proposed plan would insure 80 percent to 85 percent of a loan in areas where home prices are falling."

Albuquerque NM Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News

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

West Side councilors spar over development

KOB.com - West Side councilors spar over development: "Two West Side city councilors are in disagreement over whether a commercial development near Central and Coors should receive a special declaration that translates into tax breaks."

Albuquerque NM Real Estate
Rio Rancho Real Estate News
Albuquerque Real Estate News

# posted by Tego and Tracy Venturi @ 7:46 PM


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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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