Albuquerque Real Estate News: April 2009

New Mexico has very tough standards when it comes to educational assessments. Unfortunately these high standards are unfairly measured against other states which may have easier standards and assessments. The Albuquerque Public Schools superintendent Winston Brooks is suggesting that the measurement for passing or failing is not the same from state to state and that the National standard need to be revisited.

ABQJOURNAL NEWS/METRO: National School Standards Sought

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Looks like Mesa del Sol with be opening a new Charter school even though the new subdivision has been stalled. It's a nice idea to have a school structure in place so once the economy improves and new home construction moves forward, the education system will be ready. This charter school will also benefit employees who work out in Mesa del Sol.


ABQJOURNAL NEWS/METRO: Mesa del Sol Charter Plans August Opening

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I was little sad see this story, but then I saw that Orlando had dropped 24%, so all in all Albuquerque is holding up pretty well in this crazy real estate market. This is also one more indication that home affordability is at a level that many more people will be able to get into a home. I saw some statistics last week that show that home affordability is at a level that the United States is not see in 30 years. This may be the best time in our lifetime to buy a home, especially if you are a first time buyer because there is the $8,000 tax credit. Of course the bad news is that you are one people that bought the home at the peak of the market in 2006 and have to sell right now, it really difficult (to say the least).

My personal opinion is that the Albuquerque real estate market is going through a bottoming-out phase and I think prices will start to stabilize.

Here is the article from the Business Weekly...
Duke City home prices dip 2.4 percent - New Mexico Business Weekly:: "Home prices in Albuquerque decreased 2.4 percent in February compared with a year ago. In January, the Duke City showed a 2.48 percent decline, according to newly released data from real estate research provider First American CoreLogic."

Pulte Homes in Loma Colorado is hosting a Spring Fling on May 2nd, 11:00am to 7:00pm with special guests Mitchel Musso of the Disney show Hanna Montana along with Teen Sensation Jordan Pruitt.


Come on out and enjoy the food, activities and loads of fun!


http://pulte.com/assets/other/springfling.htm



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For those working on or seeking continuing education thru CNM (Central NM Community College), tuition fees have not gone up. However, watch out for new fees. If you looking to change careers thru continuing education or perhaps enhancing your career, CNM is still a great value. CNM also offers Financial Aid and Scholarship Services.

Click on the link below by Martin Salazar with the Albuquerque Journal for additional info about these new fees.

ABQJOURNAL NEWS/METRO: CNM Tuition Won't Rise; Fee Added

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The discussion of alternative fuel is good, but actually moving forward with the development of Solar Panels is even better. An Albuquerque based company, Advent Solar, is teaming up with Arizona State University to work on more efficient solar panels. With over 300 sunny days in the Albuquerque area a year, Solar energy is a truly meaningful alternative to research and develop.

For more information, click on the link below by the associated press.

http://www.kob.com/article/stories/S882482.shtml?cat=500

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The Taylor Middle School orchestra will be doing a great service to their community with a performance on April 26th at the Ronald McDonald House in Albuquerque. Along with their performance, the students will be working together with the children staying at the House on Music Education. Hats off to this wonderful idea!

For more details take a look at the link below by Elaine D. BrisenO of the Albuquerque Journal...

ABQJOURNAL WEST: Hitting a high note

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Venturi Team Realtors Welcomes Buyer Specialist Jane Elizabeth


Albuquerque, New Mexico, April 13, 2009 – Tego and Tracy Venturi of Venturi Team Realty of Keller Williams Realty in Albuquerque announce the addition of Buyer Specialist, Jane Elizabeth. According to Tracy Venturi, founder of Venturi Team Realty, “Jane brings a wealth of business, real estate and customer service experience to the team. She has a huge heart for helping people find their dream home! From negotiating the contract, through the myriad of financial details to closing, we’re excited about the resourceful tenacity Jane brings to the team as a home buyer advocate!” The Venturis have been recruiting Jane for years and are thrilled to have finally “lured” her here from the ‘frozen hinterlands’ of the Midwest! In spite of the challenging economy, The Venturi Realty Team is very busy and pleased to be adding a position to the team. Jane Elizabeth says “it is a real privilege to join the Venturi’s professional, successful team.”
Venturi Team Realtors, (www.welcomehomeabq.com) founded 6 years ago, has quickly become known as the Relocation Specialists to buyers moving here from all over the world. The Venturis have built a reputation for coming alongside their home buyers and sellers by treating each sale or purchase as if it were their own. Rio Rancho is another one of their Specialties, having assisted in a multitude of Rio Rancho property transactions.
Whether it’s a “first-time home buyer” looking to take advantage of the 2009 phenomenal home buyer credits, to the executive home buyer, Jane and the Venturi Realty Team is poised to make your dream become reality in Albuquerque!
To contact Venturi Team Realty at www.welcomehomeabq.com for assistance with your real estate needs or Jane Elizabeth, Buyer Specialist at jane@welcomehomeabq.net.


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Albuquerque West siders will be glad when the actual ground breaking happens for the Unser Crossing project located near Central & Unser. The growing population on the South West side of Albuquerque will be thrilled at having new retail near their homes. With this new retail comes economic development and new jobs. The possibility of working, living and playing in the same location is very exciting.

Click on the link below by Sean Olson of the Albuquerque Journal for more...

ABQJOURNAL WEST: Unser Crossing Aims for Mid-May Groundbreaking

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Albuquerque Convention & Visitor's Bureau :: National Museum of Nuclear Science & History Opens Saturday in Albuquerque: "ALBUQUERQUE, N.M., April 1 /PRNewswire/ -- The new National Museum of Nuclear Science & History (http://www.nuclearmuseum.org) will open its doors on Saturday, April 4, 2009. This 'new' museum has served as a national resource through its collections and programming for 40 years. Formerly the National Atomic Museum, which opened in 1969 and was chartered by Congress in 1991, the new museum will continue to serve as a repository and steward of nuclear-related historical items, and it will remain a Smithsonian affiliate."

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The New Mexico Mortgage Finance Authority has had great programs for 1st time buyers for years, but the Gov is really trying to get buyers into these programs. "I urge every New Mexican who's looking to buy a home to look and see if they can benefit from these unique programs," said Governor Bill Richardson. With the first time home buyer tax credit from the federal gov and with the programs NMFA has, 1st time buyers need to get out and see if a home is within their reach. Full story from KOB-TV

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