March 2010 Housing Statistics - GAAR
Posted at: 04/27/2010 12:29 PM | Updated at: 04/27/2010 1:04 PM By: Austin Reed, Eyewitness News 4
New Mexico’s latest version of a cash for clunkers program – rebates for trading into energy efficient appliances – is being extended.
According to the New Mexico Energy Department, the state program that kicked off last week ,has reallocated some of the rebates so more New Mexicans ...
Some long needed relief for thousands of tax payers!
Albuquerque Journal article April 20, 2010
By Karen MontoyaBernalillo County Assessor Today, homeowners throughout Bernalillo County will begin to receive their annual property valuations. These valuations reflect one component in the tax equation to derive a tax bill in November. ...
Posted by
Brenda Jenkins
@ 5:04 PM
on 04/22/2010
During the first Quarter of 2010 the residential detached homes that sold in the Albuquerque Metro area within the price range of $165,000 to $190,000, sold quicker and for more money when there was no price adjustment. The average days on the market was 42 days for homes with no price adjustment versus 114 days for those that had at least 1 price adjustment. Homes that had no price adjustment ...
Posted by
Brenda Jenkins
@ 6:30 PM
on 04/19/2010
Time is growing short for you to find your new home and take advantage of the federal home buyer tax credit program. The credits are available to both first time buyers and to those currently owning a home. The good news is that if you have signed a purchase contract by April 30, as long as the purchase is closed by June 30 the tax credits will be accessible. The 61-day period for closing should ...
Posted by
Brenda Jenkins
@ 5:21 PM
on 04/09/2010
Home sales in metro Albuquerque began to shake off the winter slumber in February. Sales of single family detached homes, 380 in February, grew 8.9% from January, the first month to month sales increase since October 2009. February sales were up 6% from February 009, continuing the trend of year-over-year increases that began in September 2009. The 779 pending sales recorded during February were a ...
Posted by
Brenda Jenkins
@ 5:11 PM
on 04/09/2010
Last November, the government expanded and extended the new Homebuyers Tax Credit. According to the program, first-time homebuyers are eligible for a tax credit of 10% of the purchase price of the home, with a maximum credit of $8,000. And some current homeowners looking to purchase a home can receive a credit up to $6,500.
Although military personnel may qualify for a special extension, the vast ...
THEY SAY THAT MARCH COMES IN LIKE A LION AND GOES OUT LIKE A LAMB... But this year, the exact reverse is true when it comes to home loan rates - for quite a few reasons, including the end of the Federal Reserve acting as a large buyer of Mortgage Backed Securities (MBS). The "demand" created by their fifteen-month program has helped Bond prices stay high and home loan rates stay low.
But the Fed's ...
New Mexico Business Weekly
Albuquerque has made a climb since 2000 in the population rankings of metropolitan areas, according to estimates released Tuesday by the U.S. Census Bureau.
Buffalo, N.Y. and New Orleans, on the other hand, have suffered the sharpest declines.
The Census Bureau released population estimates for all 940 metropolitan and micropolitan areas across the country on ...
New Mexico Business Weekly
The city of Albuquerque is looking to be one of Google’s markets for its new ultra fast broadband network.
The company issued a request for information to find communities interested in being sites for Google to build and test its ultra-high-speed broadband networks. Google promises the networks will offer speeds of one gigabit per second, which is 100 times faster ...
