A Housing-driven Recovery
Housing led the economic downturn, but it can also lead its turnaround if effective home buying incentives are in place. By Lawrence Yun | December 2008
It's a good bet the economic picture will remain highly uncertain as we head into 2009. Yet there's good reason to believe the housing market has turned the corner. Housing in some of the country's hottest markets during ...
New Mexico Business Weekly
New Mexico's mortgages retain equity
New Mexico is ranked in the nation's top 10 for home mortgage equity, according to a survey that uses negative equity as its key metric.
Just 8.2 percent of New Mexico's 186,844 mortgages were showing negative equity at the end of September.
The survey, conducted by First American CoreLogic, shows New Mexico had the eighth lowest negative ...
With the economy slowing and holidays just around the corner, many consumers may be looking to credit cards to help them get through the heavy shopping season. While that may be a good short-term solution, you want to make sure you don't overlook the long-term impact on your credit rating. After all, the actions you take today could hang over your head for years to come--and may make it tough for you ...
Market Value Sets Property Tax
It's that time of year-property tax time. Homeowners have had 2008 property tax bills since early November. Payment was due November 10 and is delinquent after December 10. In the four counties of metro Albuquerque, the county assessor figures out the amount of your tax. Then the county treasurer sends a notice of value in the spring and the tax bill in November.Most ...
What About Buying Next Year?
By Amy Hoak
Even if you do not plan on buying right now but are intending to buy a home when things settle down, the first step is to start checking your credit reports now. There may be some surprises waiting.
Credit card companies are reducing credit limits on some borrowers. And for some people, that may cause a drag on their credit score.
Here's why: A major factor ...