Skip to main content

Posts

Showing posts from 2008

Fix it yourself!

In these days of low funds and needed home repairs, I came across this today (On Christmas Day) and fixed my own dishwasher. I'm one to have expensive home appliances. I like my kitchen looking like those that you see on Food.tv and so my budget is usually spent on the appliance with nothing left over for repairs after the warranty runs out. Last night before the big dinner my dishwasher started smoking and quit. Phhht. I scheduled a service call, but couldn't get one until Monday. Today I found a website called www.applianceguru.com and paid $5.00 for the membership (lifetime) and asked the question on the forum. In 15 minutes I had a suggestion to open up the kick plate (easy it's on the front and lifts up) and look at the wiring. Shazaam, it had shorted out. Through two more easy instructions I was able to fix it myself with some things I had saved in the garage, some old 'end clips' for the wiring (never throw anything away that can be stored and reused la

Give them something to talk about

Something occurred to me yesterday - do price reductions really work right now? We see pricing easing down in increments. I understand this - sellers are just relucant to give away the farm. It's an emotional decision. We always hear in business we can't put emotion into it, don't we? Isn't this a business decision at this point? Yesterday one of the brokers in my office sent out an on-line promo for a BIG price reduction - and I mean big. It was so big that it got my attention. Why did it get my attention? It was a large luxury home on 1 acre that had been reduced from 1.2M to 855K - wow! And...it's a gorgeous house, nothing wrong with it, but apparently the seller has better things to do than wait for the market to catch up with his price, maybe he wants to set the price to sell. When it got my attention - what did that mean? It meant that I talked about it! What does that mean? It means that the price reduction mattered! You need to give them somethin

What is Luxury?

a wonderful concept - what will really be "luxury" in the coming times? Maybe not the "right" address, but the right "feel" of a home, the decor, the furnishings, the enjoyment that you feel IN the house, not WHERE it is. Maybe we can expand this to say "maybe location isn't exactly the trifecta of real estate; let's concentrate on the accessories, the fit and finish of the home. Expand the possibilities, buy an affordable property , and make it amazing. check out this TRENDS idea to find the best in Albuquerque real estate

Sandia Labs and Mesa Del Sol to work together

...working together to enhance energy efficient projects in the Mesa Del Sol community. Mesa Del Sol is a new community being planned in the Southeast area of Albuquerque, with an Albuquerque real estate master planned community with a long term plan of commercial, recreational and residential properties. See the story here

Why do my property taxes go up?

You might wonder, in this time of declining home values, why your property taxes continue to climb or, in the very least,not go down? It's because the same laws that protect taxes from increasing in high velocity market periods, are the same laws that keep taxes from adjusting downward in a declining market. To determine whether this is the case in your area, contact your local tax assessor's office and get familiar with your local laws regarding your tax assessments. In Albuquerque contact The Bernalillo County Assessor's office for Albuquerque real estate tax information.

Tanoan Neighborhood - Albuquerque Homes

Tanoan neighborhood - great gated community with full service country club living Very popular for golf, social activity and shopping areas - wonderful ammenities as a gated community. Small association fees that maintain "live" gated service plus maintenance of common areas. click here for Tanoan East homes click here for Tanoan West homes

Albuquerque real estate - Zip code 87110

Great location, near UNM and Uptown area - homes are older, stylish and great for the commuter for downtown jobs. CLICK here for the zip code search of area 87110 Albuquerque real estate is at a great time to buy, take advantage of the low interest rates and great pricing.

Albuquerque High Desert Homes

For a viewing of High Desert area homes, click here and take a tour! Then, take a walk in the foothills of the Sandia Mountains.  What a great place to buy Albuquerque real estate  

Where are the swimming pools in Albuquerque?

Searching for Albuquerque real estate that has a pool as an amenity?  Click here for properties with pools - some are neighborhood pools, some are your private oasis!

Albuquerque homes $100,000 to $200,000!

Ever wanted to see what we have available between $100,000 and $200,000 - click here!   While you are there, set up your own custom MLS search - see you in the market!  

Albuquerque - Great place to ride it out!

Business Week just reported today that Albuquerque is a great place to ride out the recession - Albuquerque, N.M. Share of jobs in strong industries: 36.9% Number of workers: 249,449 Metro area unemployment rate: 4.8% Agriculture jobs: 0.35% Professional, Scientific, and Technical jobs (legal, accounting etc.): 9.45% Education jobs: 9.43% Health-care jobs: 11.67% Public Administration (Government) jobs: 5.96% This is great news for Albuquerque and Albuquerque real estate , home sales and Albuquerque relocation . Read the article and contact me anytime for more information about Albuquerque real estate .

There are still mortgage programs - but be educated!

Buying Albuquerque real estate is still a great opportunity - but here are some great tips from my lender, Tony Valencia of Superior Mortgage: "The myth that there is “NO MORTGAGE MONEY TO LEND” is false. There is still money available to those who have decent credit and the ability to put minimum down. There is still NMFA that will allow 1st time homebuyers to get into a home with 0 down....Investment properties will now need to be purchased with 20% down....The boat in New Mexico is still sailing where in other states the boat is the Titanic and the bow is in the water and the rats have left the ship!" You can reach Tony at: TONY VALENCIA SR. Loan Officer/Partner Superior Mortgage Services (505)468-1768

Statistics for Pending Sales - Albuquerque Real Estate

Checking on stats for Areas 10 (Sandia Heights) to Rio Rancho - 27 PENDING residential sales as processed for the weekend of 9/19 to 9/22. The highest priced listing was for sale at $599,000 and was on the market 223 days.  This home was located in the Four Hills neighborhood of Albuquerque . New listings as of this writing for the weekend of 9/19 to 9/22 - 103 newly listed properties for this report. It's a great time to buy with all these homes on the shelf!  The best buys are to be had in the $250,000 to $300,000 price range in all areas. Contact me today to get more in depth reports for each area, and free reports on what homes are selling for.

Great golf course townhome!

What a great buy - a 2 bedroom townhome just a short golf cart ride away from Arroyo Del Oso golf course. Located in the NE Heights, convenient to shopping through uptown and freeway access, this also include a sparkling community pool Find out why Albuquerque real estate is a great buy today!

Four Hills, Albuquerque New Mexico townhome!

Great new property located in Albuquerque, New Mexico - near the foothills in the great, quiet subdivision of Four Hills - Fantastic views, lots of biking and hiking trails - this condo features a nice secure courtyard area, very private feeling tucked into the corner of the subdivision. Private garage parking, private pool and clubhouse available for residents.

New homes in Albuquerque, New Mexico

Ever wondered about new construction in Albuquerque? Albuquerque real estate is all about new style, new areas and new ideas. There is a great reference tool to find new homes in Albuquerque - it's updated monthly with new floorplans, specials, builder discounts and incentives. New is always nice! You get to choose your colors, your features, your appliances and it comes with a great warranty program from the builder - but don't be confused, always be aware that you have the option of having the home inspected by a professional inspector at your cost, and a reputable builder will not hide any defects or problems with a property. Don't be fooled into thinking that 'cutting out the broker' will get you a better buy or give you an advantage in a sale. A reputable builder wants you to be represented and has always built into the cost of the home, the costs of doing business with a real estate professional . Many builders are Realtors® themselves, so the Code of Ethi

BUT WHERE IS AREA 51?

Okay, so you are looking for a home, and some website makes you pick an AREA, and you wonder "AREA, well - I don't know"...and then they give you a bunch of numbers...and you say "I don't know, but Uncle Bob told me to live in the Foothills"...where is AREA 51? Area maps of Albuquerque real estate are broken up into numbered AREAS, and they are supposed to make sense either due to roads, rivers or other 'boundries' that are known to those who live here. Click here for the Area Map - and the use my site to find the perfect home!

GREAT VALUE!

Located in the foothills of Albuquerque, near open space trails with tremendous views, this home has been reduced to SELL - cul de sac location, beautiful kitchen, exquisite custom cabinets. Contact me today for a Market Snapshot of this or other areas of Albuquerque - no obligation! Or - get a free Market Report immediately.
Great property located in the NW area near Petroglyph Monument - fantastic green features and energy saving, too! This one of Albuquerque's nicest areas, with fantastic views and shopping.

Supply and Demand data - Albuquerque Real Estate area UNM - June 2008

Here are the results for the UNM area, known as Area 40 - for Albuquerque real estate for June 2008   PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MO. SUPPLY 100-149,999 0 0 0 0 0 150,000-199,999 2 4 200 24 .5 200-249,999 15 14 93.3 11.2 1.1 250-299,999 24 6 25 3 4 300-349,999 16 3 18.8 2.3 5.3 350-399,999 29 4 13.8 1.7 7.3 400-449,999 8 3 37.5 4.5 2.7 450-499,999 10 1 10 1.2 10 500-549,999 3

Supply and Demand statistics - Albuquerque real estate - Area Foothills North

This area is from Montgomery North, East of Tramway - the High Desert Area of Albuquerque Homes   PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MONTH SUPPLY 0-299,999 1 0 0 0 0 300-349,999 2 0 0 0 0 350-399,999 7 3 42.9 5.1 2.3 400-449,999 4 3 75 9 1.3 450-499,999 6 1 16.7 2 6 500-549,999 8 3 37.5 4.5 2.7 550-749,999 23 1 4.3 0.5 23.0 750,000-999,999 19 0 0 0 0 1m + 17 1 5.9 .

Supply and Demand statistics - Albuquerque real estate - Area Far Northeast Heights

PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MONTH SUPPLY <100,000 0 0 0 0 0 100-149,999 1 2 200 24 .5 150-199,999 25 12 48 5.8 2.1 200-249,999 69 29 42 5 2.4 300-349,999 33 11 33.3 4.0 3.0 350-399,999 28 9 32.1 3.9 3.1 400-449,999 14 6 42.9 5.1 2.3 450-499,999 14 6 42.9 5.1 2.3 500-549,999 3 2 66.7 8.0 1.5 550-749,999 22 2 9.1

Supply and Demand statistics - Albuquerque real estate area - North Albuquerque Acres - June 2008

PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MO. SUPPLY 200-249,999 5 6 120 14.4 .08 250-299,999 29 5 17.2 2.1 5.8 300-349,999 16 7 43.8 5.3 2.3 350-399,999 28 12 42.9 5.1 2.3 400-449,999 20 3 15 1.8 6.7 450-499,999 14 3 15 1.8 6.7 500-549,999 9 4 44.4 5.3 2.3 550-749,999 64 8 12.5 1.5 8.0 750-999,999 49 4 8.2 1.0 12.3 1m+ 36 2 5.

Supply and Demand statistics - Albuquerque real estate Area - Sandia Heights - JUNE 2008

PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MO. SUPPLY 200,000-299,999 1 0 0.0 0.0 0.0 300,000-399,999 12 4 33.3 4.0 3.0 400,000-499,999 3 2 66.7 8.0 1.5 500,000-749,999 17 5 29.4 3.5 3.4 750,000-999,999 10 0 0 0 0 1m + 12 0 0 0 0 TOTALS 55 11        

How to Sell your Albuquerque Home

I have co-authored a book, " Get the Best Deal When Selling Your Home ", Albuquerque, New Mexico Edition.  In it you will find lots of tips and tricks on how to get your home sold, staging tips, and real life stories that Ken and I have gathered from our experience in the field.  Selling Albuquerque real estate can be a challenge in today's Buyer's Market, so you really need to check out this helpful tool. If you are thinking of selling your Albuquerque Home , please contact me today to get a copy of this great resource.     I hope to hear from you soon!

Best Cities for Building Wealth

More great news for Albuquerque, New Mexico and homes and living in the area - www.Salary.com just mentioned Albuquerque, New Mexico as one of the Top Five places to live to "build wealth".  The salary value index compares local salaries, the cost of living and unemployment rates among U.S. cities with populations greater than 250,000.  Albuquerque, New Mexico was rated at #5.   Other considerations are diversity of industry, education level of the population, proximity to secondary educational institutions, percent of population below the poverty level, and median travel time to work.   Albuquerque's travel time to work brings up a great point - because we are basically a 'landlocked' southwestern city, most of our housing and real estate living areas are within a 30 minute drive of the business and employment districts.  Surrounded by reservations, federal land and park open space, we only have a small area where you can build homes.  Those areas are d

Supply and Demand data - Albuquerque real estate - Area Downtown May 2008

price range active listings under contract this month % chance of sale possible showings current month supply <100K 11 1 9.1 1.1 11 100-149,999K 9 2 22.2 2.7 4.5 150-199,999K 17 7 41.2 4.9 2.4 200-249,999K 18 1 5.6 0.7 18.0 250-299,999K 12 1 8.3 1.0 12.0 300-349,999K 8 5 62.5 7.5 1.6 350-399,999K 13 2 15.4 1.8 6.5 400-499,999K 9 0 0.0 0.0 0.0 500-749,999K 5 1 20.0 2.4 5.0 750-999,999K 3

Supply and Demand data - Albuquerque real estate - Area Southeast Heights

Price range Active listings Under contract this month %chance of sale Possible showings Current month supply 0-149,999K 9 6 66.7 8.0 1.5 150-199,999K 19 3 15.8 1.9 6.3 200-249,999K 25 4 16 1.9 6.3 250-299,999K 13 3 23.1 2.8 4.3 300-399,999K 9 3 33.3 4.0 3.0 400-449,999K 2 0 0 0 0 450-499,999k 3 0 0 0 0 500K+ 0 0 0 0 0 TOTALS 80 19         Great area near UNM - Ridgecrest - beautiful art deco and mid century pue

Supply and Demand data - Albuquerque real estate - Area Fairgrounds - May 2008

Price range Active listings Under contract this month %chance of sale Possible Showings Current month supply 0-149,999K 11 9 81.8 9.8 1.2 150-199,999K 28 8 28.6 3.4 3.5 200-249,999K 12 4 33.3 4.0 3.0 300-399,999K 2 0 0 0 0 400-449,999K 0 0 0 0 0 450-499,999K 0 0 0 0 0 500K+ 00 0 0 0 0 TOTALS 62 23         Great area, near shopping and I-40 - bordered by Central to the north, Zuni Blvd to the south, Wyoming to the east, and San Mateo to the west.  Mid-century homes jus

Looking at Homes for sale - Is now the time to buy?

Don't miss out on your perfect home - now is the time to buy - inventory has never been better, selection is great - sellers are motivated.  There are homes on the market that you have waited for.  Don't make the mistake that I see alot of buyers make - they wait...thinking that the house will go lower than it is already priced.  Offer now! "The HOME you are looking at today and want to think about until tomorrow, is the same HOME someone else saw yesterday and is MAKING THEIRS today".

Supply vs. Demand Data - May 2008 - Albuquerque Real estate Area Four Hills Village

Price range Active listings Under contract this month % chance of sale Possible showings Current month supply 1-149,999 0 0 0 0 0 150-199,999K 1 1 100 12 1 200-249,999K 3 2 66.7 8. 1.5 250-299,999K 16 3 18.8 2.3 5.3 300-349,999K 8 3 37.5 4.5 2.7 350-399,999K 11 3 27.3 3.3 3.7 400-449,999 5 3 60 7.2 1.7 450-499,999K 4 1 25 3 4 500-749,999k 11 0 0 0 0 750-999,999k 0 0 0 0

Supply and Demand data - Albuquerque real estate May 2008 - Area Foothills South

Price range Active listings Under contract this month %chance of sale possible showings Current month supply <100 0 0 0 0 0 100-149,999K 0 1 0 0 0 150-199,999K 3 3 100 12 1 200-249,999K 10 4 40 4.8 2.5 250-299,999K 17 2 11.8 1.4 8.5 300-349,999K 16 5 31.3 3.8 3.2 350-399,999K 15 3 20 2.4 5.0 400-449,999K 4 2 50 6 2 500-549,999K 7 1 14/3 1.7 7.0 550-749,999K 11 1 9.1 1.1

Supply and Demand Data May 2008- Albuquerque Real Estate residential properties - Area UNM South -

PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MONTH SUPPLY 0-149,999 5 2 40 4.8 2.5 150-199,999 14 5 36.7 4.3 2.8 200-249,999 25 9 36 4.3 2.8 250-299,999 29 3 10.3 1.2 9.7 300-399,999 13 5 38.5 4.6 2.6 400-499,999 6 0 0 0 0 500-749,999 6 0 0 0 0 >750,000 5 1 20 2.4 5.0 TOTALS 103 25           UNM South - A great area near Nob Hill and the Universi

WHY USE THE eTeam?

Just a little bragging time now - Why use the eTeam for your Albuquerque Real Estate needs ?    The eTeam, even in these unsure times in Albuquerque Real Estate sales, is ranked as the Number #4 real estate Team in the State of New Mexico! Trust us to your real estate needs in Albuquerque, for selling or buying an Albuquerque Home!

WHAT DID THAT ALBUQUERQUE HOME SELL FOR?

Well, now you can find out!  By using this new tool, no obligation no hassle, you can find out how much Albuquerque homes are selling for, how much they SOLD for, and even Community Reports comparing areas to other areas all around the country.     Sign up today and get your free no hassle WHAT DID THAT HOME SELL FOR? answer

Supply and Demand Data - Albuquerque real estate area Far Northeast Heights

Price range Active listings Under contract this month % chance of sale Possible Showings Current month supply <100K 0 0 0 0 0 100-149,999K 1 0 0 0 0 150-199,999K 15 8 53.3 6.4 1.9 200-249,999K 61 30 49.2 5.9 2.0 250-299,999 66 19 28.8 3.5 3.5 300-349,999k 41 11 26.8 3.2 3.7 350-399,999K 25 6 24.0 2.9 4.2 400-449,999 19 5 26.3 3.2 3.8 450-499,999K 16 3 18.8 2.3 5.3 500-549,999K 2 1

Supply vs. Demand Data - North Albuquerque Acres - May 2008

PRICE Active listings Under contract this month %chance of sale Possible Showings Current Month supply 200-249,999K 4 3 75 9 1.3 250-299,999K 22 11 50 6 2.0 300-349,999 20 11 55 6.6 1.8 400-449,999 17 4 23.5 2.8 4.3 450-499,999 9 4 44.4 5.3 2.3 500-549,999 11 2 18.2 2.2 5.5 550-749,999K 53 8 15.1 1.8 6.6 750-999,999K 50 3 6.0 .7 16.7 1million+ 38 3 7.9 0.9 12.7 TOTALS 259 58  

Sandia Heights - Supply/Demand statistics for May 2008

Price Active listings Under contract this month % chance of sale possible showings Currently month supply 200-299,999K 2 0 0 0 0 300-399,999K 14 3 21.4 2.6 4.7 400-499,999K 5 0 0 0 0 500-749,999K 11 5 45.5 5 2.2 750-999,999K 9 0 0 0 0 1million+ 12 0 0 0 0 TOTALS 53 8