Improvement in Mortgage Market Bodes Well for Housing in 2008 WASHINGTON, October 10, 2007 – Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR senior economist, notes that widening credit […]
Albuquerque’s Ecbroker®
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NEW AREA CODE
NEW AREA CODE FOR NEW MEXICO COMING! On October 7, 2007 – the state of New Mexico will be split into two area codes. The northwest region of the state will retain it’s current area code (505) and the rest of the state will get a new area code (575). This change will affect wireline […]
THE RISE AND FALL OF REAL ESTATE PRICES
The rise and fall of real estate prices has become such a national obsession, the stats really ought to be carried on the sports pages. Small wonder, as the number of Americans buying investment property has boomed in recent years. But with double-digit price appreciation slowing or vanishing from many markets, the question has become, […]
Today’s Mortgage Market
Alot of stuff on the news today about the mortgage market! We had news today that a primary mortgage source went under, leaving 3 MAJOR mortgage companies in Albuquerque without ways to fund their loans. This is causing a slight nail biting within our industry today, but take some sedatives and know this – ALL […]
Home Prices Aren’t Falling in Saturated Market
By Autumn Gray Copyright © 2007 Albuquerque Journal; Assistant Business Editor Patrick King started helping his brother look for his first home at the end of summer 2006. Their price range: $100,000 to $130,000. Their luck? They found one and only one in the Albuquerque metro area “that wasn’t a total dump” after looking for […]
PLACES TO GO, THINGS TO EAT!
I’ve decided that a really useful thing to offer would be to share wonderful discoveries that I make when traveling around my area. Places to eat. Things to do. Great places to see. I may start a new blog for this – or just simply use this one – but here goes! GREAT PLACE TO […]
School board OKs land donation
School board OKs land donation By Susie Gran Thursday, March 8, 2007 By 2015, there will be a new elementary school in Quail Ranch on 15 acres donated by the developer. It’s the historic deal school officials worked for three years to seal so they could stay ahead of West Side growth. The Quail Ranch […]
warning to consumers!
Federal Reserve Alerts Home Owners to Questionable Solicitations The Federal Reserve has distributed the following notice. “The Federal Reserve received complaints from recipients of direct mail solicitations that suggest there is a ‘Community Reinvestment Act (CRA) program’ that entitles certain homeowners to cash grants or equity disbursements. Some of these solicitations may be read to […]
ALBUQUERQUE GOOD ON THE SLOPES!!
The West’s best cities by the slopesWhy rush to the runs? These four ski-area gateways provide a delightful excuse to stop–and avoid the crowdsBy Dan LeethSpecial to the TribunePublished February 11, 2007 ALBUQUERQUEAn Old Town–and its spicy flavorsIn a land better known for salsa than snow, Albuquerque provides a spicy transition from chili powder to […]