We received some very positive economic news this morning with the April Jobs report. There were approximately 290,000 new jobs created in April. This was the biggest rise in jobs since March, 2006. There were 66,000 census workers included in the 290,000 jobs creation number for April. However, since December there have been 573,000 new […]
What now after the tax incentive?
I’ve seen alot of media coverage this week regarding the deadline for the tax credit for buyers, and whether it made things ‘busier’ than usual. This I can only address from my personal team experience – we are busier for clients coming AFTER the deadline has passed than during the tax credit bonus program. We […]
Unchanged interest rates – good news in Albuquerque real estate
The Federal Reserve issued their monetary policy at 12:15 mountain time today. The Federal Reserve left the Fed Funds rates unchanged at a near zero interest rate. The Fed stated that “the economy continues to improve at a modest pace.” The positive comments on the economy have caused a rally in the stock market. Unfortunately, […]
Real Estate Tax Credit deadline – what to do now?
Greater Albuquerque Association of REALTORS® | Real Estate News | Story | Tackling Tax Lighting
Albuquerque hotel data hints at a recovery – New Mexico Business Weekly:
Chama New Mexico Ranch
A gorgeous Chama Valley property
Mortgage rates might be going up soon!
Here is an email that I received from one of our preferred lenders, http://www.loansonhomes.com/ – Cummings Financial – The Federal Reserve mortgage backed securities program ended today. The Fed has invested approximately 1.3 trillion dollars in the mortgage backed securities market to help stabilize the housing and mortgage markets by providing funds to purchase mortgages […]
