Albuquerque Real Estate News: November 2008

Searching for a home in the Albuquerque area?  We've got you covered as we know the whole metropolitan area... from Corrales and Rio Rancho, to the East Mountains, Uptown, Downtown, Lofts, Condos, Townhomes, and more. We can also help you find a mortgage lender who meets your lending needs.  It's a great time of year to buy and interest rates are great too.
All the best,  Tracy

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The possibility of a General Mills expansion is exciting news! Hearing about economic growth for the Albuquerque Metro area, is a good thing. The General Mills plant is currently located off Paseo Del Norte just West of I-25. They are looking into an expansion of about 165,000 square feet that would allow production of snack items. This expansion would also add about 60 more employees.

ABQJOURNAL NEWS/METRO: General Mills Might Expand: "General"

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Even though the Albuquerque Metro Area is a uniquely spread out community, there are a number of good quality walkable or (car-less) areas available. Walkable (car-less or car-light) areas mean nearby accessibility to restaurants, schools, parks, stores, shopping & etc. These areas are also great for those with disabilities who may not have access to a vehicle. If an area is somewhat walkable, public transportation may be available, which can prove to be very accommodating.

Click on the link below for more information about these walkable areas of Albuquerque. Albuquerque's Most Walkable Neighborhoods - Walk Score Neighborhood Rankings

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There have been a number of ideas buzzing around as to what should happen to the land which currently houses the Albuquerque Downs. Deciding how to utilize this land will certainly be a challenge. Keeping the neighbors and businesses around the fairgrounds happy is the main goal along with bringing in revenue for the city. A concept that keys on tastefully revitalizing this area is essential to pursuing economic development, neighborhood cohesiveness and an overall positive aspect for the city of Albuquerque.

ABQJOURNAL NEWS/METRO: What Will the Downs Become?

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In order to motivate industry to locate to New Mexico, providing water is a key point. With the recent enthusiasm pertaining to the Brackish water located deep below the West Side of Albuquerque and Rio Rancho, the thought of using this water for future industry is appealing. To sustain the future growth of Albuquerque & Rio Rancho, we need businesses to thrive here. Take a look at the article below by Sean Olson about what SunCal hopes to do...

ABQJOURNAL WEST: SunCal: Water Would Go To Industry:

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It appears that Hewlett Packard has chosen a temporary site to begin in New Mexico... and although they plan to eventually be near the Rio Rancho City Center, their temporary location will be in Albuquerque at 4411 The 25 Way NE, Albuquerque, NM.  This is good news for the HP Employees as there are many great restaurants nearby like Genghis Grill, Twin Peaks, Bostons the Gourmet Pizza, P.F. Changs China Bistro, Fox & Hound English Pub, Pars Cuisine, Jersey Jack's Deli, & Mimi's Cafe.

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Enthusiasm spreads at the thought of finding more water to tap into for Albuquerque West side developers. Following Sandoval County helps these developers with the possibility of moving forward in drilling in the Rio Puerco Valley. Even though brackish water drilling and filtering is a particularly expensive process, just the thought of plentiful water supply for future Albuquerque home owners and developers is very appealing.

ABQJOURNAL WEST: Aquifer Find Spreads Hope Elsewhere:

Visit our supersite for more information on Rio Rancho homes for sale and to search for homes or land in Albuquerque and Rio Rancho.

The Greater Albuquerque Association of Realtors site (abqrealtors .com) also offers a full MLS search as well. The GAAR site also has Albuquerque Real Estate Market Statistics and consumer information.


Of course, don’t forget about your local Realtor as a resource to find the perfect home…

The Venturi Team offers our heartfelt congratulations to the Loma Colorado community by Pulte Homes in Rio Rancho for receiving the 2008 Innovation Planning Award from the New Mexico Chapter of the American Planning Association. Pulte/Loma Colorado in Rio Rancho is truly an exceptional neighborhood with reflections of thoughtful planning in regards to their meticulous inclusions of parks and trails, close proximity to schools and recreation along with access to retail facilities. We’ve represented a number of delighted home buyers who are truly thrilled to be a part of this particular Rio Rancho Community. We wish all the best for our friends at Pulte/Loma Colorado along with many more happy home buyers to come.

ABQJOURNAL WEST/BIZ: Community Awarded for Its Innovative Planning: "The Loma Colorado masterplanned"

Visit our supersite for more information on Rio Rancho homes and to search for homes or land in Albuquerque and Rio Rancho.

The Venturi Real Estate Team in Albuquerque, NM, has been busy assisting families transferring to KAFB.  We know that with Albuquerque military relocation, there is little time to find a home, and we are ready to help you with your Real Estate needs.  We know some of the most desirable neighborhoods for relocating military families within certain driving times to base whether you desire to be in a new home,  Sandia Heights, Four Hills, Willowwood, Mirabella or other great neighborhoods.  We are Albuquerque Realtors who will work hard for you to ensure a smooth move, answering questions and getting you up to speed.  We look forward to being your Albuquerque Realtors when buying a home here.

As the city of Rio Rancho continues to grow, it is essential that there should be enough water for all the homes and businesses we have now and much more so, for our future. New home construction keeps flourishing in Rio Rancho and slowly but surely new businesses are arriving too. Rio Rancho recently added a beautiful Lowes home improvement store to the Loma Colorado area and we also have a new WalMart in Bernalillo by Enchanted Hills. The “City of Vision” is going to need water to keep up with its future demands. Looks like there’s water in “them thar hills”! Check out the link below from the Rio Rancho Observer for more info about a deepwater aquifer that may answer Rio Rancho’s water needs.

Here are the stories for the Journal and the Observer...
http://www.abqjournal.com/news/state/01113132state11-01-08.htm
http://observer-online.com/articles/2008/10/31/news/update/doc490b4a926161c859533565.txt

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